Global Macro / Markets / Investing:
- Turning unused office space into housing could solve 2 problems, but it’s tricky – NPR
- Companies offering remote work are growing faster than those that don’t – Fortune
- Twitter Turning Into X Is Set to Kill Billions in Brand Value – Bloomberg
- North Atlantic heatwave could be catastrophic for fish stocks, scientists warn – Independent
Americas:
- We last raised the US federal minimum wage 14 years ago. This is unacceptable – Guardian
- IRS halts most unannounced visits to taxpayers, citing safety concerns – CNBC
- ‘It comes up on you fast:’ Scorching heat is crushing American businesses | CNN Business
- A $5.5 trillion savings wipeout is threatening to cripple the US economy – Business Insider
- Justice Department Sues Texas Over Floating Barrier in Rio Grande – NYT
- US Worker Confidence Rebounds as Recession Fears Recede – Bloomberg
Europe/Middle East:
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- Russia Strikes Danube Port, Escalating Attacks on Ukraine Grain Routes – NYT
- Europe’s economic engine is stalling: The deindustrialization of Germany – Politico (Zeihan was right…)
- “Russia is preparing an operation in the Black Sea under a foreign flag,” – US State Department – News Ukraine
- Mines found at Ukraine’s Russian-occupied Zaporizhzhia nuclear plant – ABC
- Hundreds of thousands of people fled Russia after it invaded Ukraine — and now the countries that took them in are seeing a boost in their economies – Yahoo
Asia:
- China’s Xi calls for expanding domestic demand amid slower growth – AA
- China Holds Off on Major Stimulus as It Signals Property Easing – Bloomberg
- What new norm of slower Chinese growth could mean for the global economy – CNBC
- China’s foreign minister removed from post – NBC
- China, Taiwan brace for their most powerful typhoon this year – Reuters
Trans-Tasman:
- Australian rural internet worse than ‘villages I know’ in Africa, Ross Garnaut says | Rural Australia
- Disney Is Apparently Ceasing All Physical Media In Australia – Always On
- Home truths – The CFMEU can see the housing crisis requires bold tax reform. Why can’t the Labor government? – The Monthly
- Enrolment skyrockets ahead of 2023 referendum – AEC
- Multi-billion-dollar decision looms for Australia to replace Vietnam War-era army vehicles – ABC