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The Australian Independent Media Network Saturday, April 27, 2024 - 16:00 Source

By Bert Hetebry   Where did the term ‘Semitic’ come from and what did it mean? Look closely and see how mythology defines people in a very real way, marking their difference, no matter how small, as different, a means of judging, marginalising or inclusion, allowing for life or death over a definition of unprovable origin.…

The post Semitic semantics appeared first on The AIM Network.

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The Australian Independent Media Network Saturday, April 27, 2024 - 14:53 Source

By Denis Bright   The strategic game of Chinese checkers has replaced the warm handshakes between neoliberal leaders and the leaders of Chinese government in the late Cold War era. Like the other member states of the US Global Alliance, Australia continues to combine renewed commercial ties with China with support for the strategic rivalries associated…

The post Australian Futures: Conventional Strategic Wisdom Versus the Long Economic March? appeared first on The AIM Network.

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Your Democracy Saturday, April 27, 2024 - 14:51 Source

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The Australian Independent Media Network Saturday, April 27, 2024 - 14:16 Source

It is unfortunate that column space should be dedicated to Britain’s shortest termed prime minister and, arguably, one of its most imbecilic and cringingly juvenile. But given that some people still sympathise with her and her views, it falls to one to tackle her latest work which resembles other types of the gloomy genre warning…

The post Liz Truss and the West: A Failed Former Prime Minister Speaks appeared first on The AIM Network.

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Renew Economy Saturday, April 27, 2024 - 13:38 Source
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THE BLOT REPORT Saturday, April 27, 2024 - 11:23 Source
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MacroBusiness Saturday, April 27, 2024 - 09:31 Source

DXY is up on US inflation: AUD caught a bid anyway: The immense short remains a formidable barrier to further downside: JPY cratered. How long before CNY follows? Oil did OK. Gold has stalled: Copper mania is rife. Other metals cooled: The market says no to BHP’s Anglo bid: EM is range-bound: Junk appears worried:

The post Australian dollar fights Sauron and Saruman appeared first on MacroBusiness.

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Your Democracy Saturday, April 27, 2024 - 09:23 Source

If you've been wondering why the UK acts as it does towards Israel, wonder no more & ask why you didn't know about this already.

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MacroBusiness Saturday, April 27, 2024 - 08:51 Source

The iron ore bear market rally needs a new spur as steel and margins stall: Dalian futures likewise look toppy: And coking coal: Steel output is still rising seasonally in China: Meanwhile, average daily hot metal output among mills surveyed grew for a fourth straight week, rising 1.1% to 2.29 million tons – the highest

The post Iron ore rally overshot appeared first on MacroBusiness.

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The Australian Independent Media Network Saturday, April 27, 2024 - 08:37 Source

By Denis Hay   Description: Discover how Australia can be a role model for world peace, utilizing currency sovereignty to lead global disarmament initiatives effectively. The Call for World Peace In a world marred by conflict and division, the pursuit of world peace is still both a paramount goal and a formidable challenge. As global tensions…

The post World Peace: Australia’s Role in Global Demilitarization appeared first on The AIM Network.

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Your Democracy Saturday, April 27, 2024 - 07:26 Source
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MacroBusiness Saturday, April 27, 2024 - 07:00 Source

Australians suffered the world’s biggest decline in household disposable income in 2023, falling a whopping 6% year-on-year: There were three main reasons for the slump in Australian household disposable income. First, Australian wages have risen less strongly than other advanced nations: Second, Australians were hit hardest by rising mortgage rates owing to our higher exposure

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MacroBusiness Saturday, April 27, 2024 - 00:10 Source

Australian households are struggling financially. Real per capita household final consumption fell by 2.5% in 2023, driving the nation’s per capita recession: Australian real per capita household disposable income also fell by 6% in 2023, ranking among the sharpest declines in the world: Stephen Wu at CBA’s analysis of Wednesday’s CPI inflation data reveals that

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MacroBusiness Saturday, April 27, 2024 - 00:01 Source

International Reads: Elon Musk insists Tesla isn’t a car company as sales falter – Yahoo The Chips Act has been surprisingly successful so far – FT The economy seems weaker than advertised, and inflation is still running hot—it’s the ‘worst of both worlds’ – Fortune CNBC: Many large U.S. cities are in deep financial trouble.

The post Weekend reading and MB media appearances appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, April 26, 2024 - 22:00 Source

All that I had predicted about Peter Dutton has come to pass. His comparing the 1996 mass murder of 35 people at Port Arthur with a pro-Palestine protest at the Sydney Opera House could only be made by a person without the most basic human qualities. People on the right of politics in Australia show an…

The post Dutton is a man of little compassion and much less logic appeared first on The AIM Network.

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Your Democracy Friday, April 26, 2024 - 18:38 Source

German Chancellor Olaf Scholz has lashed out at Russian President Vladimir Putin for quoting iconic German philosopher Immanuel Kant. Speaking on Tuesday at an event marking the 300th anniversary of Kant’s birth, Scholz accused Putin of trying to “poach” the great thinker as well as misrepresenting his ideas.

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MacroBusiness Friday, April 26, 2024 - 17:00 Source

The BOJ meeting came and went without any surprises this afternoon, easing concerns for Japanese stocks while Chinese issues continue to lift higher despite the falls on Wall Street overnight. Local stocks suffered due to the breakdown in the BHP offer while the USD continues to pullback with the Australian dollar lifting further above the

The post Macro Afternoon appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, April 26, 2024 - 16:22 Source

Composting’s role in the fight against climate change will be in focus during International Compost Awareness Week (ICAW), to be held from May 5-11 in Australia. Amid the increasing frequency of extreme weather events such as flooding, droughts or bushfires, composting offers a practical, hands-on response to climate change mitigation where every household can join the global effort.…

The post Compost: a climate action solution appeared first on The AIM Network.

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The Australian Independent Media Network Friday, April 26, 2024 - 15:59 Source

By James Moore    “Four wheels move the body, but two wheels move the soul.” – Unknown There are roads that unspool in the memory as elegantly as they do under your wheels. Travel them once and vivid imagery remains available for recall. They need not wind through mountains or course along ocean shores, but…

The post The River Road appeared first on The AIM Network.

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Renew Economy Friday, April 26, 2024 - 15:13 Source
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Renew Economy Friday, April 26, 2024 - 15:05 Source
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Renew Economy Friday, April 26, 2024 - 15:04 Source
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Renew Economy Friday, April 26, 2024 - 15:03 Source
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Your Democracy Friday, April 26, 2024 - 15:00 Source

Here’s what makes Blinken’s job in China especially difficult“Overcapacity” and “dual-purpose trade” are catchphrases to hide the fact that Washington is getting trounced in the economy of the future

 

BY Bradley Blankenship

 

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MacroBusiness Friday, April 26, 2024 - 14:00 Source

Get ready for an outright recession if this comes true: After several months of hotter-than-expected data, Mr Hogan has jettisoned his forecast for the RBA to stay on hold until early 2025 and then deliver a rate cut. Instead, the veteran economist now expects 0.25 of a percentage point rate rises at the RBA’s August,

The post Three more interest rate hikes! appeared first on MacroBusiness.

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MacroBusiness Friday, April 26, 2024 - 13:30 Source

Great story from Caixin. As China’s real estate market continues to defy government efforts to bring it back to life, market players and analysts trying to call the bottom are out of signposts. Historically in China, it would typically take three to eight months for loosened monetary policy and credit support to reverse a down

The post Chinese property to sink forever now appeared first on MacroBusiness.

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Renew Economy Friday, April 26, 2024 - 13:12 Source
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MacroBusiness Friday, April 26, 2024 - 13:00 Source

Last week, apartment developer Tim Gurner said the quiet bit out loud when he admitted that relaxing planning rules won’t magically boost housing construction: “Rich Lister and Melbourne developer Tim Gurner says while the anti-development stance adopted by many councils is a major roadblock, it is only a part of problem”. “He estimated that less

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Renew Economy Friday, April 26, 2024 - 12:49 Source
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Renew Economy Friday, April 26, 2024 - 12:47 Source
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