Global Macro / Markets / Investing:
- China will extend the trading hours for the onshore yuan as the government pushes ahead with plans to open up its markets – Bloomberg
- Expect a global recession, continuing asset price declines, and waves of defaults, writes columnist Christopher Joye – AFR
- President Vladimir Putin spoke with Chinese leader Xi Jinping – Bloomberg
- The 2022 Globie: Money and Empire – Perry Mehrling on Charles Kindleberger – Yves Smith
- Bumpy 2023 for markets as central banks face high inflation and low growth – SCMP
- The Winklevoss twins and their cryptocurrency exchange Gemini are being sued for fraud by investors – Insider Business
Americas:
- The U.S. decision to leave Afghanistan has had terrible consequences. – The Diplomat
- Can we explain what happened to inflation in the US in 2022, and what will happen next – VOX
- ExxonMobil Launches Legal Challenge Against EU Over Windfall Profit Tax – ZH
- At least 82 children in Ohio infected with measles, more than half of whom are unvaccinated babies and toddlers – CBS
- A ‘Once in a Generation’ Storm. What’s the Role of Climate Change? – NYT
- Trump Promotes Article Supporting Him to Run as Third-Party Candidate – Rolling Stone
- Don Jr admits he doesn’t know where $240m Trump fundraised to fight election results went in Jan 6 transcripts – Independent
- Ex-press secretary: Trump wanted to fire usher for helping Bidens move in – Axios
- Trump’s tax returns to be released Friday after long fight – CBS
Europe:
- Trade Union Boss Accuses UK Government Of Putting “Fingers In Their Ears” Over Pay Disputes – ZH
- Putin expecting China’s Xi to make state visit to Russia – Nikkei Asia
- UK commercial property values set for new year decline – FT
- Russian consumer spending on New Year’s parties and gifts down by quarter this year – BNE
- Eurovision chief says Russia ban stands for ‘ultimate values of democracy’ – The Guardian
- British consumers cut back on spending on subscriptions, home improvements due to soaring inflation – Bloomberg
- The UK reportedly plans to halve the level of support given to businesses to help with their energy bills – Bloomberg
- Japan has marked a critical milestone in efforts to reshape its defense strategy, increase the national defense spending – The Diplomat
- European stocks are on track to cap the worst annual performance since 2018 – Bloomberg
- Turkey Bets On Black Sea Gas To Slash Import Dependence – ZH
Asia:
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- What Lula’s return in Brazil means for Asia – Nikkei Asia
- Huawei declares it is ‘business as usual’ despite US curbs – FT China
- Indonesia lifts all remaining COVID restrictions for new year – Nikkei Asia
- Bank of Japan makes unscheduled bond purchases for third straight day – FT
- China EV makers worried by end of subsidies and chip crunch – Nikkei Asia
- Chinese jet came within 10 feet of U.S. military aircraft -U.S. military – Reuters
Trans-Tasman:
- Police charge 32 people over Melbourne A-League pitch invasion and search for 11 more – The Guardian
- Calls for police to enforce tougher penalties after McDonald’s worker assaulted – ABC
- Mental Health Australia chair blasts government on Medicare session cuts – SMH
- Labor to impose streaming content quotas and boost funding for writers and musicians | Australia news – The Guardian
- People have done Byron : holiday hotspot loses its sizzle – SMH
- Australia’s ninth wettest and 20th hottest year: looking back at the weather in 2022 – The Guardian
Other:
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- Greta Thunberg trolls social media star Andrew Tate on Twitter after his arrest in Romania on suspicion of rape and human trafficking – Bloomberg
- Elon Musk’s government satellite network Starshield will help pump money into cash-strapped Starlink, experts say – Insider Business
- The biggest movies to watch in theaters in 2023 – Quartz
- If you wanted to buy a Tesla but are fed up with Elon Musk, here are some excellent alternative EVs – Bloomberg
- Pelé, Brazil’s mighty king of ‘beautiful game,’ has died – APnews
- The vibes are off at Tesla: layoffs, lawsuits, delays, stock in free fall, factory shutdowns — What happened to America’s favorite electric car company? – The Verge