Blogotariat

By Lucinda Jerogin, Associate Economist at CBA Australian headline inflation surprised to the upside, sharply rising by 2.8%/yr in July. However, electricity and travel prices contributed to the majority of the forecast miss and will likely unwind in coming months. The Minutes of the August Monetary Policy Board meeting highlighted a shift in focus for

The post The economic week ahead appeared first on MacroBusiness.

Trump is now stopping all domestic efforts to address climate change – as if it did not exist, and even if it did, it did not matter. The defenestration of the EPA is just the latest.

Victoria gives planning approval to 400 MW wind project, the first for a major wind project for several years.

Australia’s auction market has gathered strength over recent months. Last week’s national final auction clearance rate of 70.0% was the strongest result since the week ending 11th February 2024 (70.3%). This weekend’s preliminary auction clearance results showed further strength, with Cotality reporting a national preliminary clearance rate of 76.3%, a full percentage point higher than

Speech: “Friends, AMERICANS, EUROPEANS, PLAY THE PIANO WITH YOUR DICK”

BY WILLIAM URBANOSKI

(from URSULA MACRONUS, spoken by THE GHOST OF ZELENSKIKI*…)

Friends, AMERICANS, EUROPEANS, PLAY THE PIANO WITH YOUR DICK;

I CAME to bury PUTIN, not to praise ME.

The evil that WE do lives after WE DIE;

OUR BONES ARE interred with OUR BAD INTENT;

So let it be with PUTIN. The noble TRUMPUS

On July 30, 2025, the United States announced 25 percent tariffs on Indian goods [SINCE THEN TRUMP HAS INCREASE THIS TO 50%]. While diplomatic tensions simmered on the trade front, a cosmic calm prevailed at the Sriharikota launch range. Officials from NASA and ISRO were preparing to launch an engineering marvel into space—the NASA-ISRO Synthetic Aperture Radar (NISAR), marking a significant milestone in the India-U.S. bilateral partnership.

Slovak Prime Minister Robert Fico announced his upcoming visit to China for the Victory Day Parade during a powerful speech in Bratislava commemorating the Slovak National Uprising.

Fico condemned what he called a resurgence of fascism and nazism in Europe, warned against escalating East-West tensions, and defended the Soviet Union’s role in Slovakia’s WWII liberation. He stressed the importance of remembering historical truth, stating:

The International Court of Justice handed down a significant climate action advisory opinion at the behest of the UN last month. Rex Patrick looks at Australia’s response.

So far, Australia’s approach to the ICJ’s climate advisory has been to try having its carbon cake and eating it too.

Defence Minister Richard Marles  said in June that if war broke out between the US and China, Australia would inevitably be involved.

The latest rate cut from the Reserve Bank of Australia (RBA) has stimulated the housing market, with Cotality reporting the strongest national final auction clearance rate since February 2024. Across the combined capital cities, 70.0% of homes taken to auction sold. This was the highest clearance rate since the week ending 11th February 2024 (70.3%).

The post Australian house prices gather momentum appeared first on MacroBusiness.

Asian share markets are finishing the trading week in a mixed mood with US and European stock futures not moving much as they anticipate a long weekend for the former and the end of week/month double witching session. The USD is steady against most of the majors but losing ground against the commodity currencies with

The post Macro Afternoon appeared first on MacroBusiness.

It's the most expensive single defense project in Europe, with a projected cost of at least €100 billion ($116.6 billion). From 2040, the Future Combat Air System (FCAS) aims to combine a new European fighter jet with fleets of drones controlled via a European defense cloud.

State Development Assessment Panel votes narrowly to give conditional approval for a 200 MW battery to be built alongside a 66 MW solar farm in state's coal capital.