Investors Race to Escape Risk in Once-Booming Emerging-Market Bonds NYT. The word “race” in a headline always screams “narrative,” but whatever.
Market turmoil leaves tech sector exposed FT. Hopefully, piratical grifters like Travis Kalanick will be reduced to busking. Or worse.
S&P Bulls Are Betrayed By Their Most Loved Stocks Bloomberg. Even I know you should never fall in love with a stock.
The Fed looks set to make a dangerous mistake Larry Summers, FT
China’s economic slowdown Econbrowser
Angry investors capture China exchange chief FT. Trouble with “stockpiled minor metals such as indium and bismuth.” And the Chinese don’t mess around!
Swiss Launch Money Laundering Investigation Into 1MDB! Sarawak Report. How $700 million ended up in the personal bank account of the President of Malaysia. I mean, isn’t that rather a lot?
“The first key sign that the investigation into 1MDB has been globalised into the hands of other implicated regulatory authorities”
A Bit of a Miracle No More: The Decline of the Labor Share (PDF) Philadelphia Fed, Business Review
Approvals for banking transactions gather pace Ekathimerini
French National Front is ‘fascist, extremist’: German minister Reuters. Shoulda thought of that first, Wolfgang. Bonus points for “mistakes were made” sighting.
Europe’s Insane Plan to Destroy Migrant Boats Daily Beast
Measuring the love of the homeland with a washing machine Hurriyet Daily News
Talk of lone wolves misunderstands how Islamic militancy works Guardian (Dr. Kevin).
The New Face of Jewish Terror Foreign Policy. Inflammatory headline — from the heart of the foreign policy establishment.
Black Injustice Tipping Point
The Short, Hard Life Of Freddie Gray Buzzfeed. Must read, long form. We chain people up and clamp lead shackles on their feet. Then we trip them up. Then we kick them while they’re down. Then we yank them up by their chains. Rinse, repeat.
The Black Belt Communists Jacobin
There is also growing evidence that the reforms have come at the expense of the city’s most disadvantaged children, who often disappear from school entirely and, thus, are no longer included in the data.
So the privatizers jiggered the numbers. I’m shocked.
Hillary’s e-mail defense is ‘total BS’: former State Dept. officials New York Post. I know this is the Post, but it’s well-sourced. From the nature of level of detail, it sounds like Clinton made some worker bees at State very unhappy.
The secretary would have known better, the department officials say, because she was trained to understand the difference when she was “read in” on procedures to ID and handle classified information by diplomatic-security officials in 2009.
Clinton also went through a so-called “read-off” when she left office in 2013. In that debriefing, security officials reminded her of her duty to return all classified documents, including ones in which the classification status is “uncertain,” which would have included the e-mails stored on her private server — which she only this month turned over to authorities. The read-off would have included her signing a nondisclosure agreement.
Carville: Biden ‘hasn’t had the best track record’ running for president The Hill. Warning shot.
Left whispers to Warren: It’s not too late to run The Hill. The usual suspects, however.
Bernie Sanders Visits Charleston (photos) Post and Courier
Bernie Sanders takes aim at ‘greedy’ Koch brothers Charlotte Observer
Leadership gap hinders federal drought response McClatchy. Democratic weak bench again.
How the attempt to fix student loans got bogged down by the middlemen WaPo. Foaming the runway again?
Does Capitalism Cause Poverty? Project Syndicate
How to Get Low-Wage Workers Into the Middle Class The Atlantic
Survey: One-Third of Employees Would Sell Corporate Information for the Right Price The State of Security. True, they’re a security firm talking their book. But if, as a good neo-liberal, you believe that society is part of the market (and not the market part of society), why not be a rational actor and sell that information? What price would not be right? I’ll be gone; you’ll be gone.
Jeremy Hunt: NHS bosses face jail over links to drug firms Telegraph. Same incentives as above.
How a hugely overpriced hepatitis drug helped drive up U.S. health spending Los Angeles Times. Same incentives as above.
Cuisine and Empire Remains of the Day
Game of thrones The Economist. Unease in Thailand.
A Brief Guide to The Evolution of Graffiti Short List
I’m now an Estonian e-resident, but I still don’t know what to do with it Ars Technica. No passports, unfortunately!
3 days of nerves, tears and joy: U.S. expats lead debate nerds in China Los Angles Times. Awesome!
Antidote du jour: