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AXIOS (Courtenay Brown) - How global economic imbalances resemble an ancient parable

The global economy faces the types of massive imbalances that preceded previous crises — despite important differences — and it's not yet clear how this debt cycle will end. Why it matters: The last four decades of economic turbulence trace back to a similar underlying issue, that the world's biggest economies are chronically out of sync, former top International Monetary Fund official Gita Gopinath argued in a buzzy speech Monday evening. - She spoke at the Atlanta Federal Reserve Bank's annual financial markets conference in Amelia Island, Florida. - Gopinath pointed to three major eras of global imbalances: the U.S.-Japan tensions of the 1980s, which culminated in the Plaza Accord ; the buildup to the 2008 financial crisis; and…

AXIOS (Avery Lotz) - Why the Ebola outbreak is worrying public health officials

The ongoing Ebola surge has public health experts anxious about the world's capacity to contain its spread. The big picture: Ebola epidemics aren't new, but the current outbreak has been identified as the rare Bundibugyo strain, which has no vaccine, and is located in a populated, mobile and conflict-stricken part of the world. - Thirty cases have been confirmed in the Democratic Republic of Congo (DRC), while two confirmed cases, including one death, have been recorded in Uganda from people who traveled from the DRC, WHO Director General Tedros Adhanom Ghebreyesus said Monday. - There are more than 500 suspected cases and 130 suspected deaths, he said. One American working in the DRC tested positive and is being taken to Germany for…

NYTIMES (Anusha Bayya, Miles G. Cohen and Claire Fahy) - ‘We Don’t Have a Choice’: Tough Commutes Persist After L.I.R.R. Strike Deal

Transit officials and unions representing Long Island Rail Road employees agreed to a new contract on Monday, ending a three-day strike. But service remained limited on Tuesday morning.

NYTIMES (Ivan Penn) - Rising Energy Costs and Data Centers at Heart of NextEra’s Dominion Bid

NextEra’s proposed acquisition of Dominion Energy comes as Americans are paying a lot more for electricity, and data centers are demanding a lot more power from utilities.

AXIOS (Maria Curi) - Trump administration doubles down on Anthropic blacklisting in court arguments

The Trump administration defended its designation of Anthropic as a supply chain risk in oral arguments in federal court Tuesday, even as it actively tries to figure out how it can adopt its most powerful model yet, Mythos, to combat cyber threats. Why it matters: Treating a U.S. company as a national security threat while looking to use its technology to combat foreign adversaries is an awkward needle to thread. Catch up quick: The Pentagon claims it's unworkable for the military or its vendors to rely on Anthropic because the company might pull the plug at any time due to its "ideological" views around AI safety. - Unlike other model-makers, Anthropic refused to agree to the Pentagon's "all lawful use" standard for AI deployment. -…