Financial Markets and Economy
The 20 least affordable cities to live in the UK (Business Insider)
The research revealed that home affordability is "at its worst since 2008," with the average city price of a house outpacing earnings growth over the past five years.
Signs Egypt's Economy May Be Recovering as PMI Rises (Bloomberg)
Economic activity for Egypt’s non-oil private sector accelerated the most since 2014, a sign that growth may be recovering after authorities abandoned currency controls and secured a $12 billion IMF loan deal.
Libya's Biggest Oil Port Shut, Crude Output Cut on Clashes (Bloomberg)
Libya halted exports from its two of biggest oil ports and reduced production from some fields after clashes threatened to reverse the North African country’s progress in reviving crude output and sales.
The 13 places with the fastest growing property prices in the world (Business Insider)
Londoners and New Yorkers regularly moan about the soaring cost of living, which includes high property prices in some of the most sought after areas in cities.
Hammond Says U.K. Needs ‘Gas in the Tank’ as Cushion for Brexit (Bloomberg)
U.K. Chancellor of the Exchequer Philip Hammond said Britain needs “gas in the tank” to cushion any turbulence from Brexit, adding the economy’s resilience since the June referendum gave Prime Minister Theresa May a “very strong hand” as she prepares to begin talks this month.
This chart says a selloff is looming as fear stalks the stock market rally (Market Watch)
Wall Street’s so-called fear index has started to move in lockstep with stock prices and that has one money manager warning of an impending selloff even as market sentiment remains fairly stable.
Bull market depends on whether Trump can deliver on key promises (Market Watch)
As the bull market in stocks approaches its eighth birthday, the health of the market depends on the belief that President Donald Trump will push through his agenda of lower taxes, deregulation and infrastructure spending in a timely manner, along with continued stable economic growth.
France Plans Loans for Companies Wanting to Invest in Iran (Bloomberg)
France is working on plans to issue direct loans to companies that want to invest in Iran, Finance Minister Michel Sapin said in a press conference in Tehran.
Copper Set to Drop as China's Jiangxi Looks to Boost Production (Bloomberg)
Copper prices are set to drop this year as higher U.S. interest rates and elections in Europe curb demand, according to the chairman of China’s second-largest refiner of the metal.
5 easy ways to make money without leaving your house (Business Insider)
If you're looking for some extra pocket money but are too time-poor to take on another job, there are a number of creative, easy ways you can make some extra cash — without even leaving the comfort of your home.
Europe’s Economy Rebounds, but Bargain-Priced Shares Draw Fleeting Interest (The Wall Street Journal)
European shares are lagging behind the global equity rally despite recovering regional growth and corporate profits, highlighting international anxiety over the continent’s fractious politics.
Oil-Price Rise Brightens Mood for Big CERAWeek Energy Conference (The Wall Street Journal)
The world’s energy leaders will descend on Houston next week for the most influential energy conference in the U.S., a gathering reshaped this year by the election of President Donald Trump and a partial rebound in oil prices.
It's no secret that hedge funds have been dealing with some issues lately.
High fees and lackluster performance are forcing some clients to evaluate whether they should leave their money with the once mighty kings of Wall Street or take it elsewhere.
China Targets Budget Deficit of 3% of GDP (The Wall Street Journal)
China targets a budget deficit of 2.38 trillion yuan ($345.2 billion) in 2017, or about 3% of the nation’s gross domestic product, the Ministry of Finance said Sunday.
Deutsche Bank announces eight billion euro rights issue and structural shake-up (Reuters)
Deutsche Bank (DBKGn.DE) is planning to raise capital, list its asset management business and realign its divisions as it seeks to reinvent itself after spending about two years dealing with past misdeeds and massive losses.
Companies
Deutsche Bank Board to Meet on $8.5 Billion Capital Raise (Bloomberg)
Deutsche Bank AG’s supervisory board will meet Sunday to discuss a plan to raise more than 8 billion euros ($8.5 billion) as Chief Executive Officer John Cryan tackles concerns about capital levels, a person familiar with the matter said.
Banksy Opens Dystopian Hotel Near Bethlehem Separation Wall (TIME)
Graffiti artist Banksy has opened a new inn in Bethlehem, located right by the barrier wall that separates Palestinian territories from Israel.
Technology
Facebook’s next hardware play? Instagram Spectacles (Venture Beat)
Snapchat Spectacles — called a “toy” by founder Evan Spiegel — are a serious business weapon wrapped in neon-colored plastic. The high-tech sunglasses record 10-second snippets of video at the touch of a button.
Apple might totally redesign the next iPhone — here's everything we know (Business Insider)
Since the iPhone 7 was announced, rumors have been circulating about what Apple will cram into its next iPhone. Here's a round up of everything we've heard that Apple might introduce in the next iPhone.
Here are 3 easy ways to find and buy AirPods, even when Apple says there are none available (Business Insider)
Despite being available for a few months now — they were supposed to release in October, but got delayed to December — finding AirPods is still incredibly tough. Unless you're extremely lucky, you will not be able to walk into an Apple store and find AirPods.
MIT associate professor Iyad Rahwan has asked 3 million people to consider the “Trolley problem” when it comes to self-driving cars.
The Rise of the Weaponized AI Propaganda Machine (Scout.ai)
“This is a propaganda machine. It’s targeting people individually to recruit them to an idea. It’s a level of social engineering that I’ve never seen before. They’re capturing people and then keeping them on an emotional leash and never letting them go,” said professor Jonathan Albright.
Politics
White House asks Congress to probe if Obama ordered wiretap (Reuters)
The White House asked the U.S. Congress on Sunday to examine whether the Obama administration abused its investigative authority during the 2016 campaign, as part of an ongoing congressional probe into Russia's influence on the election.
UK needs financial reserves in the tank for Brexit: Hammond (Reuters)
Britain's finance minister Philip Hammond said he would keep "reserves in the tank" to see the economy through its looming Brexit challenge, signaling little room for extra spending in this week's budget despite better news on borrowing.
France's Fillon makes no promises to stay as party fights for electoral survival (Reuters)
Embattled French presidential candidate Francois Fillon delivered a defiant speech to thousands of supporters in central Paris on Sunday, but made no pledge to fight on as pressure from his conservative party mounted on him to step aside.
Robert Mercer: the big data billionaire waging war on mainstream media (The Guardian)
Just over a week ago, Donald Trump gathered members of the world’s press before him and told them they were liars. “The press, honestly, is out of control,” he said. “The public doesn’t believe you any more.” CNN was described as “very fake news… story after story is bad”. The BBC was “another beauty”.
UKIP MP says it would be 'churlish' if Nigel Farage wasn't honoured by the Queen for Brexit role (Business Insider)
UKIP's only MP Douglas Carswell has said it is only fair that Nigel Farage is honoured by the Queen for successfully campaigning for Britain to leave the European Union.
Pence Jokes With 'Enemy Of The People' At Gridiron Dinner (Associated Press)
President Donald Trump has declared that the media are the "enemy of the people," but his administration is willing to joke around with reporters – and poke fun at itself – in a venerable Washington tradition.
Tony Blair denies he wants to work for Trump after secret White House meeting (Evening Standard)
The former Prime Minister met the US president’s son-in-law and key adviser Jared Kushner at the White House last week, according to the Mail on Sunday.
Out in the cold: New U.S. budget priorities threaten housing aid programs (Reuters)
When Paul Ryan, speaker of the U.S. House of Representatives, talks of social mobility, about helping struggling Americans move out of impoverished areas to give them greater opportunity, Shiva Daniels is the kind of person he has in mind.
Life on the Home Planet
Wave of Islamic State Car Bombs Targets Iraqi Troops in West Mosul (Associated Press)
Iraqi troops encountered the "heaviest" clashes yet with Islamic State group fighters Sunday in western Mosul since the start of the new push more than two weeks ago, according to a senior commander.
Most of the U.S. Had a Freakishly Warm Winter (Scientific American)
Meteorological winter is officially over, but it felt like it ended long before its Feb. 28 expiration date. Much of the U.S. basked in relentless warm weather throughout February, turning the clock forward to spring.
How Life (and Death) Spring From Disorder (Wired)
Whats the difference between physics and biology? Take a golf ball and a cannonball and drop them off the Tower of Pisa. The laws of physics allow you to predict their trajectories pretty much as accurately as you could wish for.
Plane Believed to Be Syrian Crashes Near Turkey-Syria Border (Associated Press)
Turkish officials said that an aircraft believed to belong to the Syrian military crashed near the Turkey-Syria border Saturday, with the Syrian opposition claiming to Turkish media they were responsible for shooting the plane down.
Nearly 200 people have been killed by police so far in 2017 (Business Insider)
About 200 civilians have been killed during encounters with police in the US as of March 1, according to data compiled by The Washington Post.
Syrian pilot whose plane crashed in Turkey says aircraft shot down en route to Idlib (Reuters)
A Syrian air force pilot who bailed out as his warplane crashed on Turkish territory told a Turkish rescue team his MiG-23 had been shot down, Turkey's state-run Anadolu news agency reported on Sunday.
