Global Macro / Markets / Investing:
- RadioShack to rebrand as cryptocurrency exchange platform – Fox Business
- Why price controls are a bad tool for fighting inflation – Noah Opinion
- COVID-19 Treatments Belong to the People, Not Price-Gouging Pharma Companies – Jacobin Mag
- The end of 2021… Oil records the largest annual gain in 12 years – Magdy67
- Challenges to the World Economy in 2022 – Econdb
- Stocks notch big yearly gain despite ending 2021 on a weak note – PBS
- Tesla recalls nearly 500,000 cars to fix safety defects – CBS
Americas:
- States are Hoarding $5.2 Billion in Welfare Funds Even as the Need for Aid Grows – Pro Publica
- Meet the typical baby boomer: Worth $206,000, they’ve been blamed for ruining the economy for millennials and are in the midst of the ‘gray tsunami’ – Business Insider
- Nursing homes bleed staff as Amazon lures low-wage workers with Prime packages – Salon
- Sales of newly built homes tank as affordability hits buyers – CNBC
- Pending home sales slide as buyers grow more cautious about high prices – Market Watch
- CDC warns against cruises, regardless of vaccination status – ABC
- Underestimate the U.S. Economy at Your Own Risk – A Wealth of Common Sense
- Peru’s inflation closes 2021 at 13-year high – Reuters
Europe:
- Boris Johnson asks ministers to plan for Covid workplace absences of up to 25% – The Guardian
- France offers intensive care nurses €100 monthly bonus amid Covid-19 exhaustion – France 24
- Finland says it could join NATO despite Russian pressure – Yahoo
- French Burn Fewer Cars Than Usual On New Year’s Eve Due To Pandemic – Huff Post
- Germany hits out at Brussels plan to label nuclear and gas ‘green’ – Politico
- Turkey steps up the demands for Greece to take its troops off the greek islands – National Herald
Asia:
- China to scrap subsidies for electric vehicles – France 24
- China cuts EV subsidy for 2021; market downplays impact on lithium, cobalt prices – Metal Bulletin
- China Warns Walmart Against Removing Products Made in Xinjiang – WSJ
- U.S. on Sidelines as China and Other Asia-Pacific Nations Launch Trade Pact – WSJ
- The failure of liberal democracy and the rise of China’s way – The Economist
- S.Korea exports grow 25.8% y/y in 2021, sharpest in 11 years – Reuters
Trans-Tasman:
- More Than 10,000 Australians Want Compensation for Vaccine Side Effects – Bloomberg
- Minister rejects six peer-reviewed ARC research grants on ‘national interest’ grounds – Innovation Aus
- Australians will soon get to prove the resilience of our democracy. The world shows us how precarious a privilege that is – ABC
- Our COVID rear-vision isn’t pretty, but we can’t ignore the oncoming threat in our windscreen – The SMH
- Food budget of $30 a week: Students suffer food insecurity at university campuses – The Age
- Government says QR codes still vital, amid claims they are of little use – The Age
- Decision to exempt NSW health workers from Covid isolation reflects hospitals’ ‘desperate situation’ – The Guardian
- ‘It’s stuff that formed part of people’s childhood’: Hundreds of archived 90s photos show Queensland’s transformation – ABC
- This week Omicron and COVID left Australians taking a big cognitive leap, as surge takes us to new ground – ABC
- Labor promises $500m for Sydney to Newcastle leg of future high-speed rail – The SMH
- John Howard has criticised Kevin Rudd’s 2008 apology to the Stolen Generations – The SMH
- They left a $3b hole. This is how we can get working holidaymakers back – ABC
- Time to make 2022 predictions – Interest.co.nz
- NZ vs AU mortgage rate comparisons – Interest.co.nz
- Australia holds its collective breath – Interest.co.nz
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also Chief Economist and co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
Latest posts by Unconventional Economist (see all)
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