Financial Times — “Big Short Investor Burry shuts fund over fears that valuations are too high”
Michael Burry, famed for his bet against the housing market in 2008, has announced the closure of his hedge fund, citing what he views as excessive equity valuations and elevated risks ahead. The article discusses how his move reflects apprehension among some heavyweight investors regarding the sustainability of current market levels. Other key front-page headlines include a Saudi-backed takeover bid for Aston Martin and global inflation pressures.
Source: Financial Times
The Guardian — “US Justice Department joins lawsuit to block California’s new electoral map”
The United States Department of Justice has intervened in a lawsuit challenging California’s recently redrawn electoral districts, questioning potential violations of federal voting-rights laws. The piece sheds light on how the dispute underscores broader tensions over redistricting, minority representation and federal oversight in American elections. Other front-page stories include ongoing investigations into corporate lobbying and climate liability cases.
Source: The Guardian US
Tagesspiegel — “‘Of course he knew about the girls.’”
German daily reports that newly-released emails implicate former US president Donald Trump in alleged knowledge of underage abuse facilitated by Jeffrey Epstein’s network, raising questions about his accountability and the extent of his association with the case. The front page also covers Germany’s internal security reform and tensions within the EU over migration policy.
Source: Tagesspiegel
China Daily — “China-Thailand ties continue to grow in scope”
China and Thailand are deepening their strategic partnership across trade, infrastructure and cultural exchange, as Beijing increases its diplomatic footprint in Southeast Asia. The article outlines joint investment plans and energy pacts signed during high-level talks this week. Additional headlines include China’s green technology drive and efforts to stabilise regional supply chains.
Source: China Daily
Buenos Aires Times — “Argentina, US announce framework for trade agreement”
Argentina and the United States have unveiled a new framework aimed at expanding bilateral trade and investment, particularly in agriculture, technology and energy sectors. The move comes amid Argentina’s efforts to iron out economic instability and strengthen ties with global markets as presidential elections draw near. The front page also reports rising interest rates and reform proposals in the banking sector.
Source: Buenos Aires Times
