Global Macro / Markets / Investing:
- China’s Manufacturing PMI showing contraction at 49.0 – NY Times
- ‘Soon it will be unrecognisable’: total climate meltdown cannot be stopped, says expert – The Guardian
- How millennials made $5 trillion in 2 years. – Axios
- Individual Investors Ramp Up Bets on Tech Stocks – WSJ
- Global coal demand is set to return to its all-time high in 2022 – IEA
- Falling Food Prices Ease Upward Pressure on Global Inflation – WSJ
- Oil and Gas’s Pivot to Blue Hydrogen Is Falling Through, Thanks to Economics – The Intercept
Americas:
- Federal ban on marijuana use causes more harm than good – USA Today
- California will start producing insulin and selling it at a cheaper rate – Infidel Pro
- Millions of Americans have long COVID. Many of them are no longer working – NPR
- U.S. Headed for Massive Layoffs: Economist – News Week
- Tech’s great layoffs: Over 30,000 tech employees lost their jobs as of July. These are their stories in their own words. – Yahoo
- Corporations on the front lines of the economy say cracks are forming – Washington Post
- New housing market data reveals a stunning shift as these 21 of the top 50 metro areas show price declines for June – F0rtune
- U.S. inflation surges again and stays at 40-year high, key price gauge shows – Market Watch
- ‘Absolutely sure’ US economy is not in recession, Mark Zandi tells CNN – CNN
- Argentina’s Government Collapsing, People Refuse To Work Amid Major Subsidy Cuts – Epoch Times
Europe:
- Dutch people rush to buy firewood for winter in response to high gas prices – NL Times
- Russian Economy Is Imploding From Sweeping Sanctions: Study – Business Insider
- Spain inflation highest since 1984; new record for eurozone area – Aljazeera
- ‘The Russians have started coming’: Finland considers tourist visa ban – Euro News
- EU awards €100M in funds for hypersonic missile interceptor program – Debrief
- Prince Charles accepted £1m from Osama Bin Laden’s family – report – BBC
- Switzerland Exports to Russia Surge in Race to Beat Sanctions – Bloomberg
Asia:
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- China’s Manufacturing PMI showing contraction at 49.0 – Asia Financial
- China’s Gen Z and millennials have a word for their disaffection with the economy and life in general. Evolution is dead, meet ‘involution’ – Fortune
- Bangladeshi textile industry exports grew 1000x from $32 million in 1984 to $34 billion today – FT
- Evergrande misses deadline for $300bn debt restructuring plan – FT
- China Home Sales Plunge in July (40%), as Mortgage Revolt Deters Buyers – WSJ
- China banks may face $501b in losses from property crisis – AFR
- The great fall of China – The Times
Trans-Tasman:
- ‘Better for the entire country’: epidemiologists join growing calls to pay sick leave to casuals – The Guardian
- ‘It felt insulting’: welfare recipients sent to body language courses as job agencies profit – The Guardian
- Popular PM Anthony Albanese lifts Labor to 56-44 lead in latest Newspoll – New Daily
- Australian property prices tumble at rates not seen since GFC – The Guardian
- Australia facing ‘alarming’ gas shortfall in 2023 as ACCC urges producers to keep supplies onshore – The Guardian
- Albanese wants to change the way politics is done. This means the way politics is reported will have to change too – The Conversation
- Victorian public hospitals could not prevent doctors from providing abortions under new bill – The Guardian
- Greens set to introduce new climate trigger laws to parliament – SBS
- Australia urged to intervene as China tries to buy a strategic Solomon Islands port – ABC
- NSW premier Dominic Perrottet dumps minister Eleni Petinos amid turbulent period for his government – The Guardian
- Child poverty: A problem Labor can and must solve – The SMH
- Almost 1000 new homes a week being consented – Interest.co.nz
- Buyers take control of housing market as asking prices drop – Interest.co.nz
- Fifty wasted years – Interest.co.nz