Brexit Blowup, World Bank Debt Worry, Japan's Good News: Eco Day

(Bloomberg) -- Happy Monday, Europe. Here’s news and analysis from Bloomberg Economics to help get your day started:

  • Theresa May faces a fresh crisis after key members of her government quit in protest over her Brexit plans
  • Debt pileup. World Bank’s CEO adds to worries on soaring global debt that’ll now have to face higher interest rates
  • Tracking the pain. China is seeing more tangible impacts from its trade conflict with the U.S. amid growing disruptions to global supply chains -- here’s how things could get uglier
  • The ECB’s Coeure tells economies in his region not to lose their nerve over U.S.-China trade tensions
  • Lofty ambitions. An economist who defected from North Korea has some doubts about how the South plans to boost economic cooperation between the two nations
  • These charts show how Japan’s wage gains are finally showing promise; meanwhile, more good news from a current account surplus that beat forecasts in May
  • Lunchtime read. Myanmar awaits the money from Western investors that hasn’t come to fruition since the government’s transition to democracy two years ago

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