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Your Democracy Wednesday, April 24, 2024 - 11:59 Source

There will only be real cooperation between Africa and Russia on the basis of real sovereignty of African states, experts say. It comes down more and more often, in our time, to deterrence through brutal force. Also, in the impossibility of affording the luxury of a nuclear deterrent weapon, we would have to find here and now the ersatz force necessary.

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MacroBusiness Wednesday, April 24, 2024 - 11:48 Source

The Australian Bureau of Statistics (ABS) has released the consumer price index (CPI) for the March quarter, which recorded a headline inflation rate of 1.0% over the quarter and a rate of 3.6% over the year: Trimmed mean inflation also rose by 1.0% over the quarter to be up 4.0% in the year to March

The post Aussie CPI inflation shocks economists appeared first on MacroBusiness.

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Renew Economy Wednesday, April 24, 2024 - 11:39 Source
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MacroBusiness Wednesday, April 24, 2024 - 11:30 Source

As we know, Australia’s rental vacancy rate has collapsed to an all-time low amid record immigration-driven population growth and falling housing construction. New data from PropTrack shows that rental listings have collapsed across the nation. In March 2024, the number of newly advertised properties for rent was 13.7% lower than a year earlier and new

The post Australian rental supply collapses appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 24, 2024 - 11:00 Source

The National Bank of Canada has released a new report describing the collapse in Canadian living standards in relation to the United States: “[Canada’s] population aged 15 and over rose by a record 3.5% in the first quarter, making a positive contribution not only to GDP, but also to potential output”.  “As a result, GDP

The post Third world welcomes Canada and Australia appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 24, 2024 - 10:30 Source

Victoria has the lowest share of social housing in Australia, making up only 3% of total residences. That is far lower than the national average of 4.2%, already considered poor by global standards. The Guardian revealed last month that Victoria’s homelessness situation is the worst in the country and continues to worsen. “Victoria still has

The post Victoria’s working poor driven into homelessness appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 24, 2024 - 10:00 Source

CBA economist Harry Ottley has released a chart pack on state economies, which shows that Western Australia (WA) is the nation’s boom state. WA’s economic growth has easily led the nation since the start of the pandemic: WA has the strongest state sentiment and retail sales: It also has the strongest business investment, adjusting for

The post Western Australia is the nation’s boom state appeared first on MacroBusiness.

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xkcd.com Wednesday, April 24, 2024 - 10:00 Source

10.1039/c4sm00265b) and are believed to be the fingers of Maxwell's Demon trying to push through into our universe.

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Your Democracy Wednesday, April 24, 2024 - 09:48 Source

WHILE PANIC IS SETTING IN THE “WESTERN WORLD”. WE MUST KNOW THAT THE WESTERN HEGEMONY IS MAINLY THE ANGLO/SAXON CULTURAL/CONTROL/GRAB PENETRATION Of THE HUMAN PLANET.

THE ENGLISH DEFEATED NAPOLEON AND THE ENGLISH/AMERICANS DEFEATED THE GERMANS, THEMSELVES NOW WELL-TACKED TO THE ANGLO/SAXON HEGEMONY. 

THIS ENGLISH HEGEMONY STARTED WAY BACK IN THE MIDDLE AGES WITH THE CONQUESTS OF COLONIALISM, UNASHAMEDLY CALLED “THE BRITISH EMPIRE” NOW THE “AMERICAN EMPIRE”. 

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MacroBusiness Wednesday, April 24, 2024 - 09:29 Source

The Market Ear asks the question. Perma bears & tactical bears Sell-side has a new found love affair with the bear story. Or at least they are the ones that make the most noise now. Let’s look at 3 bears, the perma, the more balanced and the short term tactical tourist. Note, we are not

The post Which stock bear are you? appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 24, 2024 - 09:17 Source

DXY faded with safe havens: AUD powered out of the Israel/Iran phony war: It won’t get far without North Asia: Oil firmed, and the golden whale was harpooned: No landing metals puked: Miners meh: EM meh: Junk was mixed: Yields are waiting: Stocks loved the phony war: We are off to see the Wizard of

The post Australian dollar powers out of phony war appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 24, 2024 - 09:00 Source

A spike in tech stocks on Wall Street saw a continued rebound overnight as earnings season rolls on with European stocks also seeing a strong bid despite a lift in Euro as the USD pulled back from its recent strength.  The Australian dollar is back at a near two week high just below the 65

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 24, 2024 - 08:49 Source

Rebar and SGX futures rolled yesterday: Dalian was weak too: It’s all looking pretty shaky: The momentum of steel consumption in the world’s second-largest economy since early April has slowed down after some southern regions in China were hit by earlier-than-expected rains. “Steel consumption was suppressed in the short term as rainy weather hit southern

The post Iron ore rally dies appeared first on MacroBusiness.

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Your Democracy Wednesday, April 24, 2024 - 08:08 Source

The dark history of genetics - with Adam Rutherford (2023 HBS Haldane Lecture)

https://www.youtube.com/watch?v=Gddkc5Snq3I

 

This lecture was recorded at the Ri on 11 October 2023.

 

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MacroBusiness Wednesday, April 24, 2024 - 07:00 Source

It’s time we face reality. The Albanese government must sacked at the first available opportunity. I know the alternative is a corrupt bollard with a trail of complete losers. But that is a by-the-by for the future. Today we must face the problem we know, and its name is Albo, the worst PM since Federation.

The post Time to face facts: Albo is destroying Australia at lightening speed appeared first on MacroBusiness.

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MacroBusiness Wednesday, April 24, 2024 - 07:00 Source

Last week, Justin Fabo at Antipodean Macro presented the following chart showing that Australia is awash with low-skilled workers, with the share of employers reporting recruitment difficulties falling to pre-pandemic levels: Reflecting the above, Fabo has also studied the latest ABS employment data and found that new workers aged between 15 and 24 years old

The post Young Australians struggle to find work appeared first on MacroBusiness.

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Your Democracy Wednesday, April 24, 2024 - 06:38 Source

One wonders how the Australian mainstream media will react to the news that India, the so-called biggest democracy in the world, has thrown out ABC correspondent Avani Dias from the country.

  

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Your Democracy Wednesday, April 24, 2024 - 06:17 Source

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Cheeseburger Gothic Wednesday, April 24, 2024 - 05:31 Source

For some reason, that line from Weapons of Choice has stayed with me all these years later. We didn’t get there of course, but I guess we’re on the way.

From Austal’s website yesterday.

In a noteworthy development within the Australian maritime sector, the collaborative Patrol Boat Autonomy Trial (PBAT) project has successfully completed Sea Acceptance Trials (including Endurance Trials) of the remote and autonomously operated vessel, Sentinel.

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MacroBusiness Wednesday, April 24, 2024 - 00:05 Source

Goldman with the update. Property risks linger: Declines in property prices accelerated in March, both in the officialNBS 70-city house prices and in third-party provided existing home prices. In the March activity data, housing starts, new property sales, housing completions and property investment continued to show large year-over-year declines (-25.4%, -18.3%, -21.8%, and -10.0%, respectively).

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Renew Economy Tuesday, April 23, 2024 - 22:30 Source
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The Australian Independent Media Network Tuesday, April 23, 2024 - 21:44 Source

By Maria Millers   For many the long-stablished story of the Gallipoli landings and to a lesser extent the Western Front remain the defining moments for our country. Just minted as a new nation in 1901, but still very British, our other achievements were put aside to lay the foundations of our national identity based on…

The post On Anzac Day appeared first on The AIM Network.

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The Australian Independent Media Network Tuesday, April 23, 2024 - 21:44 Source

By Maria Millers   For many the long-stablished story of the Gallipoli landings and to a lesser extent the Western Front remain the defining moments for our country. Just minted as a new nation in 1901, but still very British, our other achievements were put aside to lay the foundations of our national identity based on…

The post Of Anzac Day appeared first on The AIM Network.

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Renew Economy Tuesday, April 23, 2024 - 20:52 Source
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Renew Economy Tuesday, April 23, 2024 - 18:40 Source
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The Australian Independent Media Network Tuesday, April 23, 2024 - 18:19 Source

By a spokesperson for the eSafety Commissioner: Yesterday the Federal Court granted an interim injunction compelling X Corp to hide Class 1 material on X that was the subject of eSafety’s removal notice of 16 April, 2024. In summary, eSafety’s removal notice to X Corp required it to take all reasonable steps to ensure the…

The post Media statement: update on removal of extreme violent content appeared first on The AIM Network.

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The Australian Independent Media Network Tuesday, April 23, 2024 - 17:44 Source

I just realised that the title could be a little ambiguous. It could mean that I’m confused by strange things as well as Peter Dutton. Or it could mean that I’m confused by strange things, of which the main one is Peter Dutton. Whatever, I suspect that all thinking people will know exactly what I…

The post Why I’m Confused By Peter Dutton And Other Strange Things… appeared first on The AIM Network.

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Cheeseburger Gothic Tuesday, April 23, 2024 - 16:07 Source

I finished watching the first season last night, and, oh my word, it was good. There seemed to be a few peeps following it so I thought we might like to get together for a drink and chat in the near future. I don’t have a date in mind yet, and I’m going under the knife this Friday for a little melanomapalooza, so this weekend is out. But let me know what you think.

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MacroBusiness Tuesday, April 23, 2024 - 16:00 Source

Guarded optimism across Asian stock markets as risk absorbs another weekend of macro volatility and shifts in interest rate speculation as the ECB possibly moves more dovish than the Fed. Earnings season may stall any recovery if the inflationary mood in the US continues with bond markets looking to pull back on yields slightly on

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Tuesday, April 23, 2024 - 14:53 Source
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