Global Macro / Markets / Investing:
- Nearly 25 million tonnes of grain stuck in Ukraine, says UN food agency – Reuters
- A third Apple store is looking to unionize – The Verge
- Apple employees revolt against mandatory back-to-work policy – Computer World
- Honda And Acura Sales Take A Serious Dive – Car Buzz
- 3 things we learned about Big Oil’s surging profits – NPR
- It’s official. Remote work has zero negative impact on your productivity – Interesting Engineering
- Crypto Prices Slump Over the Weekend – WSJ
Americas:
- Sanders Says ‘No Corporation That Breaks the Law Should Get a Federal Contract’ – Common Dreams
- President Biden is on Track to Create More Jobs Than Any President in History as Dozens of States See Lowest Ever Unemployment Rates – Liberal Wisconsen
- Worker productivity under Biden experienced a 7.5% drop, its biggest decline since 1947 – MSN
- Consumer debt soared by $52 billion in March – CNN
- Employers are opening opportunities to formerly incarcerated people to fill vacancies – NPR
- Travel nurses raced to help during Covid. Now they’re facing abrupt cuts. – NBC
- US economy on ‘shaky footing,’ investment expert warns – Fox Business
- Employees everywhere are organizing. Here’s why it’s happening now – CNBC
Europe:
- Fox News deals in Kremlin propaganda. So why not freeze Rupert Murdoch’s assets? – The Guardian
- Italian ‘Robin Hood’ banker sentenced over €1m pilfered for the poor – BBC
- Russia’s economy is back on its feet – The Economist
- Italy orders seizure of yacht linked to Putin – BBC
- Zelensky: US is the ‘accelerator of the sanction policies’ against Russia – The Hill
- Hungary Continues to Block EU Oil Sanctions Against Russia – Bloomberg
- Scholz vows to continue sending heavy weapons to Ukraine – FT
Asia:
- Hong Kong’s next leader, John Lee Ka-chiu, is endorsed by pro-Beijing elites – Reuters
- China Hard-liner John Lee Set to Become Hong Kong’s New Leader – BBC
- Standing Committee doubles down on “dynamic zero-Covid” and calls for struggle against doubters. – Sinocism
- The US Should Pay Attention to the China-South Korea Culture Clash – The Diplomat
- Taiwan says hopes world would sanction China if it invades – Reuters
- China’s erratic policies are terrifying investors – Economist
- Chinese calculations on Taiwan affected by Ukraine conflict, says CIA director – Reuters
Trans-Tasman:
- Couple lives aboard cruise ships after calculating it makes more ‘financial sense’ than a mortgage – 7News
- Australia is investigating a digital currency, or e-dollar, but the risks to privacy seems large with slight benefits – Guardian Mag
- As News Corp goes rogue on election coverage, what price will Australian democracy pay? – The Conversation
- Unattributed attack ads targeting Labor on Chinese-language WeChat fuel fears of election misinformation – The Guardian
- 92% Of Disaster Support For Flood-Affected NSW Folks Still Hasn’t Been Paid – Pedestrian TV
- Pity Australia’s voters: awful leaders’ debate cursed by absurd format and incoherent hectoring – The Guardian
- Journalism is going to have to save itself — because the way it’s going, frankly it’s done for. – Crikey
- Scott Morrison and Anthony Albanese clash over cost of living and integrity in messy leaders’ debate – The Guardian
- More than 2,000 submissions made on proposed Viva Energy LNG terminal in Geelong – ABC
- Do we have a population policy? – Interest.co.nz
- The number of new homes being completed in Auckland is slowly declining – Interest.co.nz
- Kiwi dollar remains under downward pressure – 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.
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