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Global Macro / Markets / Investing:
- Disney Terminating Thousands of Employees Effective Immediately – Inside the Magic
- CEO of biggest carbon credit certifier to resign after claims offsets worthless – The Guardian
- The destruction of nature threatens the world economy. It’s time to outlaw it as a serious financial crime – Fortune
- Following UK antitrust order, Meta sells Giphy to Shutterstock for $53M after buying it for $400M – Tech Crunch
- Fossil Fuel Firms Owe $209 Billion a Year in Climate Reparations, Study Says – Mother Jones
- As US teeters on the edge of debt default, why are rating agencies silent? – SCMP
- The G7 must accept that it cannot run the world. American hegemony and the group’s economic dominance are now history. – FT
- Global heating will push billions outside ‘human climate niche’ – The Guardian
- What it would mean for the global economy if the US defaults on its debt – AP
Americas:
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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