Global Macro / Markets / Investing:
- David Suzuki Is Right: Neoliberal Economics Are ‘Pretend Science’ – Stanford
- Small Modular Reactors Remain Unnecessary ‘Hail Mary’ Pass: Slow, Subsidized, Unaffordable – Deceleration
- Biden Declares War on the Cult of Efficiency – The Atlantic
- IMF raises global growth forecast despite China’s recovery ‘losing steam’ – CNBC
Americas:
- Gas prices just saw their biggest one-day increase in a year – CNN
- UPS, Teamsters reach labor deal to avoid strike – CNBC
- U.S. leading indicators point to recession starting soon – Reuters
- FedEx pilots reject 30% pay hike proposal, but a strike isn’t imminent – CNN
- Brazil Is Pushing the US Out of World’s Biggest Soybean Market – Bloomberg
- Most young people are no longer proud to be Americans, poll finds – Axios
Europe/Middle East:
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- Abandon, sell, keep? Unilever’s Russia conundrum – Reuters
- Italy harms itself by blocking changes to crisis-fighting in eurozone – FT
- One in four UK single-parent households unable to afford food – Reuters
- Options Traders Wager on Fastest Ever U-Turn From the ECB – Bloomberg
- Romanian ship damaged during Russian attack on Ukrainian port – Yahoo
- Israel’s credit rating lowered, Moody’s warns of ‘significant risk’ – JPost
- Two-thirds of African leaders refuse to attend Putin’s summit – Yahoo
Asia:
- Japan’s population drops by nearly 800,000 with falls in every prefecture for the first time – Guardian
- North Korea to welcome China and Russia with military display after pandemic isolation – Reuters
- South Korea and France Embark on Historic Joint Air Force Exercises – BNN Breaking
- Russian military delegation to join Chinese in North Korea visit – Reuters
Trans-Tasman:
- N. Zealand ‘Open to Conversations’ About Role in AUKUS Defense Pact – Defense Post
- Facebook owner Meta ordered to pay $20m to Australian government over ‘misleading’ ads for security app ‘misleading’ ads for security app – ABC
- What are ‘Advance’ and ‘Fair Australia’, and why are they spearheading the ‘no’ campaign on the Voice? – The Conversation
- The Consumer Price Index (CPI) rose 0.8% this quarter. Over the twelve months to the June 2023 quarter, the CPI rose 6.0%. – ABS
- Our cruel and costly offshore processing system was a failure. We have a better solution on asylum policy – The Conversation
- PwC Australia reached confidential settlement with ATO months before tax scandal fallout revealed – Guardian