Notations From the Grid (Weekly Edition): An "Outsider Wall" as a New Month Dawns

 

Welcome to June here at the Daily Outsider.    We present a weekly "Outsider Wall" On what happened in America and the World as Belarus kidnapped a Journalist, Israel was about to see a change, Iran was about to see off an old President and President Biden presented his 6-Trillion Budget:

 

 

 

World Iran’s central bank chief dismissed over run for presidency Government says Abdolnaser Hemmati’s candidacy would interfere with his official duties MAY 30, 2021 by Najmeh Bozorgmehr in Tehran Israel and Palestine Two states or one? The peace process has become an obstacle to progress Mexico The false messiah Andrés Manuel López Obrador pursues ruinous policies by improper means The lab-leak hypothesis Possible, but far from proven The theory that SARS-CoV-2 originated in a laboratory is gaining adherents, but it has yet to find evidence beyond the circumstantial Business investment The coming capex carnival Companies across the world are spending big. We analyse their investment plans The future of Big Oil The little Engine that could ExxonMobil’s defeat by green investors is just the beginning 1843 magazine It was once a KKK stronghold. Last year BLM came to town Vidor used to be called the most hate-filled town in Texas. Was it ready for America’s summer of racial reckoning in 2020? Economist Radio How should the rich be taxed most effectively? This week we speak to Ray Dalio, an American investor, billionaire and the founder of the hedge fund Bridgewater Associates The world this week Belarus hijacked a Ryanair plane flying from one EU country (Greece) to another (Lithuania) with more than 100 people on board. The plane was in Belarusian airspace. Citing a “bomb threat”, the authorities sent a fighter jet to make it land in Minsk, the Belarusian capital. They arrested two passengers: Roman Protasevich, an exiled journalist, and his girlfriend. Mr Protasevich had rallied opposition to Alexander Lukashenko, the despot who stole Belarus’s presidential election last year. No bomb was found. Russia applauded Mr Lukashenko’s boldness; the EU mulled sanctions on his isolated regime. → More from Politics this week Germany’s two biggest property companies, Vonovia and Deutsche Wohnen, agreed to merge, creating Europe’s largest residential real-estate group. The deal is controversial. Rents have soared in Berlin, producing a political backlash. The firms gave assurances that they would limit rent increases to 1% a year in Berlin for the next three years and provide flats for young families at below market rents. → More from Business this week

Live updates || Yamina's Ayelet Shaked Issues Ultimatum to Joining Bennett-Lapid Government Haaretz | 31.05.2021     Analysis || If This Is Indeed the End of the Netanyahu Era, He Has His Supporters to Blame Aluf Benn | 30.05.2021

World’s ‘First War’ 13,400 Years Ago Wasn't Isolated Episode but Series of Events Ruth Schuster | 29.05.2021     Israeli Instagram Influencers Took on Bella and Gigi Hadid Following Their Gaza Posts. Guess Who Won Chaim Levinson | 31.05.2021

Analysis || It’s Not a Done Deal Yet, but Israel Hasn’t Been This Close to Replacing Netanyahu Since 2009 Anshel Pfeffer | 30.05.2021     Israeli Archaeologists Resolve Ages-old Evolutionary Conundrum: Enter the Elephant and the Hand Ax Ruth Schuster | 27.05.2021

The Secret App Israeli Soldiers Use Poses a Serious Risk Ran Bar-Zik | 30.05.2021     Where Did Watermelon Originate? Genetics Answers Age-old Mystery Ruth Schuster | 25.05.2021

Don’t get inflation jitters just yet, says David Mericle, chief U.S. economist for Goldman Sachs Research, on an episode of Exchanges at Goldman Sachs. April’s surprisingly strong Consumer Price Index report was largely driven by short-term factors, Mericle explains. “I don’t think that price rebounds in travel categories or temporary supply shortages or supply chain disruptions tell us a huge amount beyond this year,” he says. But he’s keeping an eye on wages, housing and inflation expectations. Meanwhile, as investors gravitate to inflation hedges such as commodities and Treasury Inflation-Protected Securities, “the market has clearly repriced itself to some degree,” says Joshua Schiffrin, co-head of U.S. and Global Interest Rate Products for Goldman Sachs Global Markets. Still, he adds, the macro economy could evolve in unexpected ways.