Written by Econintersect
Early Bird Headlines 11 July 2019
Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, published Monday, Wednesday and Friday, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.
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Notice: We have changed the form of content coverage for Early Bird. We will provide discussion only for Asia Markets news and a small number (often 1 or 2) other articles. The remainder of the content will be headlines (with links) only.
​Key articles
​Global
- Asia markets mostly rise as Fed’s Powell hints at rate cut ahead (CNBC) Asia markets mostly rose on Thursday after U.S. Federal Reserve Chairman Jerome Powell signaled overnight that the U.S. central bank could be cutting interest rates soon. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.72%. The U.S. dollar index was down sharply at 96.912 after slipping from levels above 97.5 yesterday. Brent crude futures contract rising 0.45% to $67.31 per barrel, while U.S. crude futures added 0.41% to $60.68 per barrel, following oil prices surging more than 4% on Wednesday. Spot gold was up 0.3% at $1,422.40 per ounce as of 0711 GMT, after earlier hitting its highest since July 3 at $1,426. Treasury yields under 10 years were lower, while the long end was up.
U.S.
- Louisiana braces for possible weekend hurricane (Associated Press) A potential tropical storm brewing in the Gulf of Mexico presents twin troubles for parts of southeast Louisiana – the possibility that a high Mississippi River will be lapping at the tops of levees this weekend, and a danger of flash floods like the one that unexpectedly walloped New Orleans on Wednesday. The Gulf of Mexico disturbance that dumped as much as 8 inches (20 centimeters) of rain in parts of metro New Orleans in a three-hour span was forecast to strengthen into a tropical depression Thursday, a tropical storm called Barry Thursday night, and, possibly, a weak hurricane by Friday. Forecasters said Louisiana could see up to 12 inches (30 centimeters) of rain by Monday, with isolated areas receiving as much as 18 inches (46 centimeters). Follow this on Live: Severe Weather with continuously updated graphics and status.
- Guatemalan migrant relives journey to the U.S.: ‘I watched my baby girl die, slowly and painfully’ (Politico) Testimony from an asylum-seeking mother about the death of her daughter in U.S. custody.
Other important articles:
​Global
- Countries with the Fastest-Growing Populations (MSN News)
- The Cost of Overpopulation Around the World (MSN News)
U.S.
- GOP frets over nightmare scenario for Senate primaries (The Hill)
- The 2020 front-runners are pulling away from the field (Politico)
- Jeffrey Epstein’s ‘Infinite Means’ May Be a Mirage (The New York Times)
- Trump invites right-wing extremists to White House ‘social media summit’ (CNN)
- Trump: ‘The kidney has a very special place in the heart’ (The Week)
- ‘Keep my name out of your lying mouth’: Democratic lawmaker puts Kellyanne Conway on notice after reports of party dissent (Business Insider)
- ‘Do not tweet’: Pelosi scolds progressives in closed-door meeting (Politico)
- Bill Clinton and Jeffrey Epstein: How Are They Connected? (The New York Times)
EU
- Five things to know about Christine Lagarde, the first woman to lead the European Central Bank (CNBC)
​UK
- By 2050, London’s climate will be as warm as Barcelona’s, says new study (CNN)
- UK parliamentary staff face unwanted sexual advances, report says (Reuters)
France
- France approves digital tax on American tech giants, defying US trade threat (Reuters)
- Trump administration launches unfair trade practices probe of French tech tax (Politico)
Iran
China
- Fed rate cut would ease pressure on China’s central bank, analysts say (CNBC)
- In challenge to Beijing, Hong Kong activists attempt to take fight to mainland (Reuters)
- China has made major progress on air pollution. Wuhan protests show there’s still a long way to go (CNN)
Australia
Mexico
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