Global Macro / Markets / Investing:
- The ‘Buy Now, Pay Later’ Bubble Is About to Burst – The Atlantic
- Depositors yank another $126 billion from US banks – Yahoo
- ‘Most U.S. banks are technically near insolvency, and hundreds are already fully insolvent,’ Roubini says – Market Watch
- The 1997 Asian Financial Crisis – Investors Hub
- Are Big Profits Keeping Prices High? Some Central Bankers Are Concerned. – NY Times
- Why a Brics currency is a flawed idea – FT
- The other merchants of doubt: big oil’s economists – LSE
- GM plans to phase out Apple CarPlay in EVs, with Google’s help – Yahoo
Americas:
- 77% of young Americans too fat, mentally ill, on drugs and more to join military, Pentagon study finds – American Military News
- Gen Zer, millennial pay under $700/month to rent ‘micro apartments’ in NYC—they’re the size of an average parking spot – CNBC
- Americans Are Losing Faith in College Education – WSJ
- ‘Unwarranted and unfair’: The IRS is watching how much you sell online this year – Money Wise
- The Agony of Putting Your Life on Hold to Care for Your Parents – NY Times
- Social Security is now expected to run short of cash by 2033 – NPR
Europe:
- Putin Finally Admits His Disastrous War Is Making Life Rough In Russia – Uproxx
- Poland’s burgeoning alliance with Britain is bad for Putin – Spectator
- EU’s von der Leyen is in the running to be new NATO head – Reuters
- Why Do Russians Still Want to Fight? – NY Times
- Italian government seeks to penalize the use of English words – CNN
- Italy – PM Meloni’s right wing party to shield Italian language from foreign contamination – Reuters
Asia:
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- India’s new trade policy aims at $2tn exports by 2030 – Hindustan Times
- China and Singapore agree to upgrade ties, paving way for hi-tech cooperation – SCMP
- China Draws Lessons From Russia’s Losses in Ukraine, and Its Gains – NY Times
- Vietnamese, Chinese Vessels in Close South China Sea Encounter – The Diplomat
- The reality of re-education camps and the history of Xinjiang – Matters
- Taiwan says Chinese jets carried out ‘combat readiness’ patrols – Aljazeera
Trans-Tasman:
- Stake.com: the Aussie gambling minnow that made it big on crypto – FT
- Peter Dutton will remain Liberal leader because there are no alternatives – The SMH
- Government calls for Mark Latham to apologise after lack of remorse for homophobic tweets – ABC
- Re-elected NSW MP facing sex-assault charges may be referred to privileges committee – New Daily
- Peter Dutton says he ‘accepts responsibilty’ for devastating Aston by-election defeat – ABC
- McGowan ‘didn’t know’ Perth Mint paid workers millions in bonuses amid public sector wage freeze – ABC
- As rents rise amid a shortage of affordable properties, a researcher says more people are returning to sharing – The Guardian
- NSW Labor falls short of majority after two seats are called for Liberal party – The Guardian
- RBNZ expected to lift the OCR and hold its cards close to its chest – Interest.co.nz