Written by Econintersect
Early Bird Headlines 16 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 stocks mixed as RBA meeting minutes show willingness to move on interest rates (CNBC) Stocks in Asia were mixed on Tuesday, as minutes from a recent meeting by the Reserve Bank of Australia showed the central bank’s willingness to move on monetary policy if necessary. he U.S. dollar index was higher at 96.994 after rising from levels below 96.9 yesterday. Brent crude futures were down slightly to $66.43 per barrel, while U.S. crude rose 0.23% to $59.44 per barrel. Spot gold was flat at $1,413.68 per ounce, as of 0734 GMT. Treasury yields were mostly higher.
U.S.
- George Will’s startling assessment of Donald Trump (CNN) In an interview with The New York Times Book Review podcast, longtime conservative commentator George Will offered a stirring and stark assessment of what Donald Trump’s presidency will mean for our politics and our culture. Here’s the key bit:
“I believe that what this president has done to our culture, to our civic discourse … you cannot unring these bells and you cannot unsay what he has said, and you cannot change that he has now in a very short time made it seem normal for schoolboy taunts and obvious lies to be spun out in a constant stream. I think this will do more lasting damage than Richard Nixon’s surreptitious burglaries did.”
China
- China’s Managed Decline Manages Another Quarter (Alhambra Investments) Jeffrey Snider has written an excellent article on the slow-moving economic rebalancing but the stars of the show are the 9 graphics. Here are 3:
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Other important articles
​Global
U.S.
- GOP put on the back foot by Trump’s race storm (The Hill)
- Texas Rep Al Green to force impeachment vote following incendiary Trump tweets (The Hill)
- Graham: I don’t care if migrants stay in camps for 400 days (CNN)
- Tech investor and Trump supporter Peter Thiel thinks Elizabeth Warren is the most ‘dangerous’ Democratic candidate (CNBC)
- FTC Reportedly Hits Facebook with Record $5 Billion Settlement (Wired)
- Treasury Dept. has serious concerns over Libra – Mnuchin (Seeking Alpha)
- Trump killed the presidential weekly address, and no one noticed (The Washington Post)
- Hospitals Block ‘Surprise Billing’ Measure In California (Naked Capitalism)
- 12 markets on the brink of a housing bubble this summer (Financial Planning)
EU
Turkey
Iran
India
- India’s Terrifying Water Crisis (The New York Times)
- Over 100 killed, millions displaced from floods in India, Nepal and Bangladesh (Reuters)
North Korea
Taiwan
- Candidate Seeks Closer China Ties, Shaking Up Taiwan’s Presidential Race (The New York Times)
China
Mexico
- Trump administration erects another barrier to immigrants seeking U.S. asylum at southern border (Reuters)
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