Blogotariat

Oz Blog News Commentary
The Melbourne Urbanist Thursday, June 19, 2014 - 09:06 Source

Follow the link to read the latest article by The Urbanist, Why do bike share schemes reduce injuries for all cyclists? http://blogs.crikey.com.au/theurbanist/2014/06/19/why-do-bike-share-sche...

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MacroBusiness Thursday, June 19, 2014 - 08:57 Source

It seems to be the lot in life of Generation X and Y to parent their self-centered Baby Boomer elders. Callam Pickering does a nice job of that today in addressing the hysterics of Terry McCrann yesterday: McCrann noted today that I wrote an article named (How the RBA got it wrong on rates, June 16) after [...]

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MacroBusiness Thursday, June 19, 2014 - 07:20 Source

One of the more remarkable phenomenon of the Australian economic community for the past decade has been the fiercely universal agreement that Chinese growth is untouchable and that its rising commodity-intensity has decades to run. This article of faith has been most strong among the apparatchiks at the RBA and among the most high profile [...]

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MacroBusiness Thursday, June 19, 2014 - 07:20 Source

One of the more remarkable phenomenon of the Australian economic community for the past decade has been the fiercely universal agreement that Chinese growth is untouchable and that its rising commodity-intensity has decades to run. This article of faith has been most strong among the apparatchiks at the RBA and among the most high profile [...]

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MacroBusiness Thursday, June 19, 2014 - 07:19 Source

From Westpac’s Phat Dragon, here are some charts showing the accelerating Chinese property correction:   And his conclusion: Prices are under downward pressure across the board, with the negative impulse gaining in strength through May. The weakest segment has been, unsurprisingly, the secondary market in tier three cities and below. However, new dwelling prices weakened [...]

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MacroBusiness Thursday, June 19, 2014 - 07:03 Source

Here are the iron ore charts for June 18, 2014: Better action again yesterday. Paper markets are going sideways, really. Physical is firmer with the Baltic Dry capesize component up 5%. Also better news was a rise in Chinese steel output in early June with CISA’s crude steel output averaging 2.1563 million tonnes during the first [...]

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Popular Science Thursday, June 19, 2014 - 06:40 Source

Maintaining a perfect cellular water balance is crucial for our bodies to function as they should. That’s the job of tiny proteins known as aquaporins, which channel water across cell membranes. Recently, scientists discovered that aquaporins are present in tumors and may accelerate the growth of certain cancers. Researchers have also discovered that Devic’s disease, an incurable autoimmune disorder that can lead to paralysis, is caused by antibodies that attack aquaporins.

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Popular Science Thursday, June 19, 2014 - 06:40 Source

An MIT team has turned a multi- million-dollar NASA contract into the most advanced rethink to date of the classic passenger jet. The design, nicknamed the Double Bubble, calls for an extra-wide fuselage and rear-mounted turbo­fan engines. The configuration would allow the craft to burn 70 percent less fuel than a Boeing 737 while producing significantly less noise and nitrogen oxide, a pollutant that causes acid rain.

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Popular Science Thursday, June 19, 2014 - 06:39 Source

It may be another decade before most ordinary folks use self-driving cars to get around town. But some of us may have already seen them around town, at least: Over the past few years, car companies and other research groups have begun testing their autonomous car technology on public roads, in normal traffic. Here, we've collected news reports of public tests of self-driving cars. Germany's Autobahn and California's Pacific Coast Highway are just a couple of the world's roads that robot cars have traversed.

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Popular Science Thursday, June 19, 2014 - 06:39 Source

For at least a decade, researchers have tried to develop practical ways to use gold nanoparticles to kill cancer cells. But perhaps you'll see the nanotechnology in a cosmetic surgeon's office before you see it at the oncologist's.

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MacroBusiness Thursday, June 19, 2014 - 06:37 Source

by Chris Becker A bull trap seems more than possible in iron ore stocks with several catalysts providing the torque for shorts to cover and the foolish to rush in. Let’s have a look at them: iron ore prices rallied yesterday – spot up $1 the Fed said everything was fine this morning the ASX200 [...]

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MacroBusiness Thursday, June 19, 2014 - 06:28 Source

Slowly but surely the sacred cows of iron ore investing are plodding to the knackery. For the first time I can remember, folks are beginning to question the value of the big miners and their various plays during the boom. Cheering the death of the contract system is one, from EIM Capital Managers chief investment officer [...]

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Digitopoly Thursday, June 19, 2014 - 06:02 Source

Amazon announced its own phone today — the Fire Phone. The primary question is: why? Tim B. Lee offers a Voxplainer on it and argues that it is to give Bezos an option:

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MacroBusiness Thursday, June 19, 2014 - 05:44 Source

The FOMC is out and markets suddelly see doves a fluttering. Here’s the statement which is little changed: Information received since the Federal Open Market Committee met in April indicates that growth in economic activity has rebounded in recent months. Labor market indicators generally showed further improvement. The unemployment rate, though lower, remains elevated. Household [...]

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Global Guerrillas Thursday, June 19, 2014 - 05:17 Source

40 Indians working for a Turkish construction company in Mosul, Iraq were taken hostage by ISIS.   

During the last Iraqi insurgency, the kidnapping of foreign workers provide three benefits:

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MacroBusiness Thursday, June 19, 2014 - 00:48 Source

by Chris Becker My normal routine, if you can call trading 16 hours a day normal, around monthly FOMC (and NFP print) meetings is to get up a bit earlier with trigger fingers ready awaiting the press conference. Since I needed more sleep last night (blogging takes a harsher toll!) I set some limit orders [...]

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Peter Garcia-Webb Thursday, June 19, 2014 - 00:42 Source

UN Secretary-General Ban Ki-moon spokesperson stated on 17 June, the UN has no concrete evidence the three missing Israeli youths were kidnapped. Nor has the world. In response, Israel has mounted an operation larger than the 2002 Defensive Shield. Which begs the question: is this all a Mossad mirage.

On 5 June Mossad Chief Tamir Pardo said this at a security cabinet meeting:

What would you do if in a week three 14 year old girls will be kidnapped from one of the settlements?

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North Coast Voices Thursday, June 19, 2014 - 00:16 Source

Photograph: Queensland Country Life 24 January 2014The Sydney Morning Herald 17 June 2014:The world’s meteorologists and climate experts ar

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North Coast Voices Thursday, June 19, 2014 - 00:15 Source

Letter to the editor in The Daily Examiner online 26 May 2014:Comments appallingI AM appalled at the comments made by Chris Gulaptis to the Grafton Chamber of Commerce meeting.Having worked at the gaol and representing the staff in the role of union representative at the time of the downgrading in 2012 of Grafton Correctional Centre, I went personally and informed Chris Gulaptis at his office in Grafton when we were officially informed by the Department Of Corrective Services of their intentions to downgrade the gaol.At this meeting with Mr Gulaptis he informed he was awar

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MacroBusiness Thursday, June 19, 2014 - 00:05 Source

Global Macro / Markets: The collapsing Obama doctrine - WSJ/Dick Cheney – TLDR: its not my fault Argentina to negotiate on bonds – Bloomberg Exxon, BP evacuate oil workers in Iraq, but the spice must flow! Bloomberg Higher paid CEOs mean lower share market performance – BI Americas: Yellen: no bubbles anywhere we can see [...]

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Wednesday, June 18, 2014 - 22:42 Source

Many thanks to Jason Trethowan, CEO of Barwon Medicare Local for this eye-witness account of the impending move from Medicare Locals to Primary Health Networks. There has been much discussion about the future of Medicare Locals and what the federal...

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Wednesday, June 18, 2014 - 20:03 Source

José Manuel Santos’ victory on Sunday’s run off presidential election will make Colombians a little less anxious and more hopeful that the 50-year war may finally come to an end, writes Antonio Castillo. 

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Wednesday, June 18, 2014 - 19:47 Source

Members of Young Labor Left in NSW have voted to withdraw support to candidates who do not commit to a rethink on asylum seeker policies, writes Pete Landi*.

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Popular Science Wednesday, June 18, 2014 - 17:47 Source

Photos of a potential new Chinese aircraft carrier class have surfaced this month at the Dalian Naval Exhibition Center. The photos depict a large carrier that would give China the type of large strike carrier capability currently possessed only by the US Navy.

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The Australian Independent Media Network Wednesday, June 18, 2014 - 16:47 Source

In 2012, Gina Rinehart self-published a book called Northern Australia and then some: Changes We Need to Make Our Country Rich.  In it she calls for northern Australia to become a special economic zone with tax and red-tape exemptions.

At the time, Tony Abbott rejected Mrs Rinehart’s calls, declaring it was “not something that the Coalition considered and it’s not something that the Coalition is planning for”.

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MacroBusiness Wednesday, June 18, 2014 - 16:36 Source

by Chris Weston IG The FOMC meeting now takes centre stage, with traders hoping we don’t see the same sort of confusion seen after the March press conference. Source:Bloomberg The damage limitation that ensued after Janet Yellen’s initial view expressed during the press conference that interest rates could go up six months after the Fed [...]

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MacroBusiness Wednesday, June 18, 2014 - 16:06 Source

From the ABC: The Western Australian Government has unveiled a master plan for a multi-user, multi-commodity deepwater port in the Pilbara, which has the potential to be the biggest port in Australia. The State Government has proposed Anketell Port be built on greenfields land about 30 kilometres east of Karratha, and said the project would [...]

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Labor View From Bayside Wednesday, June 18, 2014 - 15:28 Source

The Boardwalk #1In 2012 political donations to parties in Queensland were capped at $5000. Donations from related corporations were treated as one from a single entity. Anonymous donations of $200 or more were banned.However, there was a get-out-of-jail-free card. Gifts to political parties were uncapped so long as they were not for campaign purposes.

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Public Opinion Wednesday, June 18, 2014 - 15:13 Source

Abbott-Hockey budget have failed to convince the public of a budget emergency. So they are shifting the rhetoric to lifters and leaners with unfairness being defined in terms of the lifters having to work a month a year to support the "leaners"--those Australians on pensions and benefits. The "learners", by implication, are the undeserving poor.

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MacroBusiness Wednesday, June 18, 2014 - 15:10 Source

by Chris Becker Well its begun – here’s the first double dissolution trigger for Prime Minister Abbott to get testy on. From the ABC: The Greens and Labor today combined to vote down, by a margin of 35–28, bills which seek to abolish the Clean Energy Finance Corporation (CEFC), a multi-billion-dollar agency which funds renewable [...]

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