Global Macro / Markets / Investing:
- Trickle down economics: Up to 3/4 of the $800 billion PPP flowed to business owners instead of workers, study finds – Market Watch
- The wealth of the 10 richest men in the world has doubled during the pandemic and the income of 99% of humanity has decreased – Madgy67
- ‘Obscene inequality’: Oxfam says taxing the world’s richest could help save lives – CNBC
- UN body warns of slowdown in the jobs recovery due to new variants, Covid uncertainty – CNBC
- Global jobs recovery delayed by pandemic uncertainty, Omicron, ILO says – Reuters
Americas:
- Target CEO predicts fewer shopping trips in 2022 due to gas, inflation – Business Insider
- Great Read: Trickle Down Economics Does Work… But Not Like You Think – Federal Report
- America is lurching from pandemic to major recession – Daily Mail
- The Great Resignation could be good for the future of work in America – VOX
- GOP Figures Blast Trump’s Rehashing Of Election Fraud Claims: ‘Learn To Lose’ – Forbes
- ‘Part of a much larger conspiracy’: Investigation into 16 Michigan Republicans – MSNBC
Europe:
- Companies Across the UK Are Going to Try Switching to a 4-Day Work Week – MSN
- Betting Against the U.K. Is a Favorite Trade in Currency Markets – Bloomberg
- UK economy above pre-Covid levels in November – BBC
- EU Prepares to Cut Billions in Funds to Anti-Democratic Members – Bloomberg
- Calls grow within Germany for tougher stance towards Putin’s Russia – Atlantic Council
- Greece to fine unvaccinated senior citizens as of today. – ekathimerini.com
Asia:
- China’s Economy Is Slowing, a Worrying Sign for the World – NY Times
- China’s birth rate drops to record low in 2021. There were 7.52 births per 1000 people. That’s 1.4 million fewer babies than last year – Reuters
- From 6G to big data, China is looking to boost tech’s share of its economy – CNBC
- ‘We are fasting as if it’s Ramadan’: Sri Lanka on the brink of bankruptcy; millions bear the brunt – khaleejtimes.com
- China Cuts Interest Rate for First Time Since April 2020, Traders Bring Forward ECB Rate Hike Bet – Christophe Barraud
- China grew by 8.1% in 2021, it has a $18 trillion economy – Scripted Talks
- China’s GDP per capita reaches $12,551 in 2021, has escaped middle income trap defined as $12,500. – Global Times
- ‘Shocking’ fall in China’s national growth rate as population ageing intensifies – SCMP
Trans-Tasman:
- Returning travellers made to hand over phones and passcodes to Australian Border Force – The Guardian
- NSW sustains deadliest day of pandemic with 36 COVID-19 fatalities – ABC
- Unions call for employers to cover cost of RATs, threaten industrial action – ABC
- Sky News claims Alan Jones’s misleading commentary balanced by covering daily Covid press conferences – The Guardian
- Coalition primary vote drops below Labor’s for the first time: Resolve survey – The SMH
- ‘Squandered any gains we made’: Australian GP clinics overwhelmed by rising Covid cases – The Guardian
- NSW Health Minister victim of ‘moronic’ COVID test fraud – ABC
- ANTHONY KLAN: Josh Frydenberg caught out in salary scandal – Independent Australia
- Code Brown called for Victorian hospitals under pressure from COVID-19 – The Age
- Australia accused of ‘disgraceful’ bid to keep Timor-Leste bartering negotiations secret – The Guardian
- Housing affordability plunge: radical policy the only answer – Michael West Media
- Big decline in housing sales in December – prices also weaker overall – REINZ – Interest.co.nz
- Why did almost nobody see inflation coming? – Interest.co.nz
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