Friday, January 22, 2016

Daily News Roundup: Monopoly must be an old game. There's a luxury tax and rich people can go to jail.

Business & Finance:
Soros expects hard landing for China on economy (Bloomberg)
ECB survey backs case for stimulus boost (Bloomberg)
Draghi signals action (The Economist)
Hong Kong exchange fund posts worst results since 2008 financial crisis (The South China Morning Post)
World face's wave of epic defaults (The Telegraph)

Commodities:
Oil in biggest rally since August (Bloomberg)
Barrick Gold shares are sinking this morning after warning of $3 billion writedown (Financial Post)
Top oil trader Mercuria sees market bottom as producers bleed (Bloomberg)
Idled rigs stack up as crisis grips North Sea (CNBC)
China's December liquid natural gas imports rose 4.6 percent on year (Reuters)

Environment:
Blizzard heading towards U.S. east halts thousands of flights (Bloomberg)
China closing 4,300 coal mines (Mining)
China bested Germany in solar energy storage (Alternative Energy Magazine)

International Affairs:
Italy races to diffuse $200 billion bad loan time bomb with "bad bank" (Zero Hedge)

Art & Design:
End of an era in sight for Boeing 747 (The Telegraph)
Fighting erosion with geometric designs (Design You Trust)
"Tilt shift" re-imaginations of Van Gogh masterpieces (Design You Trust)
Office warfare: Nerf Rival Khaos MXVI blaster (Hi Consumption)
Master of Your Domain: Seinfeld to auction 1974 Carrera 911, 1958 Carrera Speedster, and 1955 550 Spyder (Cool Material)