Interest Rates Banning cash so you pay the bank to hold your money is what the IMF wantsabc.net.au - Nassim Khadem As the Federal Government moves to ban cash transactions above $10,000, there's a theory gaining traction that the real motive for the cash ban isn't …
News British citizens born in US risk having UK bank accounts frozenThe Guardian - Kalyeena Makortoff Banking correspondentTens of thousands of British citizens born in the US but who left when only a few months or years old risk having their bank accounts in Britain frozen because of intense pressure by US tax authorities
Patagonia Patagonia, Ben & Jerry’s Issue Challenge to Dimon-Led RoundtableBloomberg - Jeff Green Outdoor-apparel retailer Patagonia Inc. and 29 other firms challenged multinational companies in a New York Times advertisement Sunday to “walk the …
U.S. Companies Companies Should Fear Trump’s ‘Emergency’ PowersForbes - Stuart AndersonWhile many commentators mocked Donald Trump’s order to stop producing goods in China, a close reading of the International Emergency Economic Powers Act should worry U.S. companies with investments or
Imperial College London Why house prices in global cities are fallingThe Economist Housing in the posher parts of global cities has become a distinct asset class CENTRE POINT, a tower that looms over central London, was empty for so …
Reserve Bank of Australia RBA chief warns of little capacity to protect global economy from 'political shocks'The Guardian - Katharine Murphy Political editorWith the trade war between the United States and China spiralling, and world leaders gathering in France for the G7 summit, Australia’s central bank governor Philip Lowe has issued a stark warning that
GCSEs ‘Easier’ exams offered by private schools smooth pupils’ entry to top universitiesThe Guardian - Toby Helm Political EditorRussell Group members admit they treat less-rigorous IGCSEs the same as new, harder GCSEs Top universities are giving privately educated children an unfair advantage by not differentiating between the
European Union The eurozone risks imploding - only a German spending spree can save itThe Telegraph - By Liam Halligan“The economic sky is not cloudless”, Angela Merkel remarked last Wednesday, just hours before she met Boris Johnson in Berlin. The UK’s impending EU departure is “already causing us headaches”, said the
Mozambique A $2bn loan scandal sank Mozambique’s economyThe Economist THE LATEST exhibition by Nelsa Guambe, an artist from Mozambique, is a startling chronicle of her country’s predicament. Strange faces stare from a …
U.S. Politics Sanders’s and Warren’s Staffers Are Unionizing for 2020The Atlantic - Saahil DesaiDemocratic presidential candidates are virtually required to court the labor vote. But their own staffers haven’t historically been part of a union—until this year. A key part of the playbook for most
Australia Tech jobs are waiting for Australians but not enough people have the skills, companies sayabc.net.au - Andrew Robertson Cochlear, Resmed, Atlassian, Freelancer, CSL, WiseTech Global, Rode Microphones, and the list goes on. All Australian, and all world leaders in their …
Play buttonBirdwatching Amazon rainforest fires: global leaders urged to divert Brazil from 'suicide' pathThe Guardian - Jonathan WattsInternational pressure may be the only way to stop the Brazilian government from taking a “suicide” path in the Amazon, one of the country’s most respected scientists has said, as the world’s biggest continues
Play buttonAmazon Brazilian president Jair Bolsonaro blamed for turning a blind eye to Amazon degradation in the name of 'progress'The Telegraph - By Joe ShuteDuring a recent visit to the Amazon where he proposed opening up mining in an ecological reserve the size of Denmark, the Brazilian president Jair Bolsonaro summarised his approach to the rainforest. use
Five Star Movement Italy's 5-Star, PD make early progress in talks on new governmentReuters - Angelo AmanteROME (Reuters) - The first day of talks between the anti-establishment 5-Star Movement and the center-left Democratic Party (PD) to form a new Italian government ended on Friday with both sides reporting
Green New Deal Bernie Sanders’ Green New Deal Proposal is a Blueprint for thecommondreams.org WASHINGTON - Franklin D. Roosevelt’s New Deal policy package is heralded as one of the farthest reaching accomplishments by a president in a …
FlipboardIcon version of the Flipboard logoMark McGowan WA to reverse Water Corp privatisationdailytelegraph.com.au - Emily Cosenza The supply of water in Perth will be returned to government hands, potentially saving taxpayers millions of dollars. At the state Labor Convention on …
Wealth What the Bureau of Statistics didn't highlight: our continuing upward redistribution of wealththeconversation.com - Christopher Sheil and Frank Stilwell The results of the latest Australian Bureau of Statistics biennial survey of income and wealth have met with an uneven response, perhaps in part due …
Recession The Anatomy of the Coming Recession | by Nouriel Roubiniproject-syndicate.org - Nouriel Roubini NEW YORK – There are three negative supply shocks that could trigger a global recession by 2020. All of them reflect political factors affecting …
Recession The next global recession will be immune to monetary solutionsThe Guardian - Nouriel RoubiniThere are three negative supply shocks that could trigger a global recession by 2020. All of them reflect political factors affecting international relations, two involve China, and the United States at
Investors should be worried about the music stoppingafr.com Structural changes are driving this trend. For a variety of reasons, traditional market-makers such as banks and dealers have become less active; …
QE will create wave of 'zombie' companiesafr.com - Christopher Joye This has been an insight advocated by this column. As Debelle has highlighted, most Australian borrowing rates are variable (not fixed) and therefore …
Economics G-7 Leaders Squabble as World Economy TeetersBloomberg - Kathleen Hunter Want to receive this post in your inbox every day? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook …
European Union The EU is launching a new money-laundering blacklist, after its last one was nixed for naming Saudi ArabiaQuartz - Max de HaldevangShocked by the scale of a €200 billion ($221 billion) money-laundering scandal involving Denmark’s Danske Bank, the European Commission put together a punchy “blacklist” of allegedly dodgy jurisdictions
South China Sea U.S. 'deeply concerned' by China's interference in Vietnam oil and gas activityReutersWASHINGTON (Reuters) - The United States said on Thursday it is deeply concerned about China’s interference in oil and gas activities in waters claimed by Vietnam, saying this called into serious question
CEOs How the U.S. Is Building an Unprecedented Mountain of DebtFortune Piling up debt in times of tumult is a strategy with a long, successful history in the U.S. When confronted with wars or cataclysmic downturns, the …
Harvard New Harvard Research Says It's Time to Let Employees Work From Anywhere (the Productivity Gains Alone Are Impressive)Inc Magazine - Scott MautzThe idea of working remotely has been more than bubbling on the back burner. It's at boil status and the ability to work from home well is one of the hottest job skills going. The pot may be about to and
Milton Friedman Milton Friedman Was WrongThe Atlantic - Eric PosnerThe famed economist’s “shareholder theory” provides corporations with too much room to violate consumers’ rights and trust. On Monday, the Business Roundtable, a group that represents CEOs of big corporations,
WeWork WeWork Squeezes People Into Just Half the Space of Most OfficesBloomberg - Jack Sidders Here’s a superlative that didn’t get much attention in WeWork’s 220-page prospectus for its planned initial public offering: it jams more people into …
Rainforests The fires in the Amazon were likely set intentionallyQuartz - Zoë SchlangerThe Amazon rainforest is burning at an unprecedented rate, and the fires are unlikely starting themselves. Rather they may be set by people in an attempt to clear land for cattle ranching. Cattle ranching
