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The Australian Independent Media Network
Saturday, March 30, 2024 - 12:08
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Rarely has the International Court of Justice been so constantly exercised by one topic during a short span of time. On January 26, the World Court, considering a filing made the previous December by South Africa, accepted Pretoria’s argument that the Convention on the Prevention and Punishment of the Crime of Genocide was applicable to… The post Starvation in Gaza: The World Court’s Latest Intervention appeared first on The AIM Network. |
MacroBusiness
Saturday, March 30, 2024 - 11:36
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Let’s start with the cause: One of China’s biggest property firms delayed its earnings report while another posted a record profit decline as the nation’s real estate crisis shows no signs of easing. Country Garden Holdings Co., once the nation’s top residential builder by sales, made a surprise announcement late Thursday that it will miss The post The greatest iron ore crash in the galaxy has begun appeared first on MacroBusiness. |
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Your Democracy
Saturday, March 30, 2024 - 08:34
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Why did Rishi Sunak downgrade me from security threat No 1 and hand it to China? The black dude who strolled into No 10 in loafers. And the Baltimore conundrum. Plus incontinent Biden Biden is not even in control of his own bowel movements https://www.youtube.com/watch?v=UkbxTJPP6v0
FREE JULIAN ASSANGE NOWWWWWWWW!!!!!
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Your Democracy
Saturday, March 30, 2024 - 07:36
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New NATO member admits ‘sovereignty’ issue with US pactA military agreement with Washington comes at a cost, Helsinki has said A new military cooperation agreement with Washington limits Helsinki’s sovereignty, the Finnish Foreign Ministry said on Thursday, advising that its ratification will therefore require a two-thirds majority in the parliament. |
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MacroBusiness
Saturday, March 30, 2024 - 00:46
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Arthur Streeton ‘Beach Scene’ 1890, Art Gallery of NSW Global Macro Fed’s balancing act could see June rate cut in play even with sticky inflation – Reuters Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud – Reuters US economic growth for last quarter is revised up slightly to a healthy 3.4% The post Easter Links Vids and Pods: March 29 – April 1, 2024 appeared first on MacroBusiness. |
MacroBusiness
Saturday, March 30, 2024 - 00:10
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In this week’s Treasury of Common Sense with Mike Jeffreys from Radio 2GB, I ran through the latest annual capital city population data from the ABS and what it means for Sydney, especially the housing market. I explained why supply-side solutions to Sydney’s housing crisis won’t work as long as the federal government continues to The post Sydney’s housing crisis is unfixable appeared first on MacroBusiness. |
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Your Democracy
Friday, March 29, 2024 - 22:18
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Russia has hit back after a senior White House official accused it of peddling “manure” by claiming that Ukraine may be linked to last week’s terrorist attack near Moscow. Moscow believes the attack may have been masterminded by Ukrainian special services who used a group of radical Islamists to carry it out. Washington has urged the world to accept the claim of responsibility by ISIS-K, an Afghanistan-based offshoot of Islamic State (IS, formerly ISIS). |
The Australian Independent Media Network
Friday, March 29, 2024 - 22:00
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Of course, any election will have various reasons for why a particular candidate or party won or lost. Therefore, what I write can only be taken as my opinion and may contain some bias. So, how does one decide why a party won or lost? The facts will show that one party won because it… The post Triumph over Dutton-style politics: A retrospective look appeared first on The AIM Network. |
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Renew Economy
Friday, March 29, 2024 - 21:50
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John Quiggin
Friday, March 29, 2024 - 15:07
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Daniel Kahneman, who was, along with Elinor Ostrom, one of the very few non-economists to win the Economics Nobel award, has died aged 90. There are lots of obituaries out there, so I won’t try to summarise his work. Rather, I’ll talk about how it influenced my own academic career. |
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Your Democracy
Friday, March 29, 2024 - 13:55
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Your Democracy
Friday, March 29, 2024 - 12:28
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In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military- industrial complex. The potential for the disastrous rise of misplaced power exists and will persist. — President Dwight D. Eisenhower’s Farewell Address (1961) |
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The Australian Independent Media Network
Friday, March 29, 2024 - 11:38
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The curved course of the ubiquitous banana has often been the peel of empire, its sweetness masking a sharp, bitter legacy. Arab conquerors introduced it to the African continent as they cultivated a slave market. European imperialism did the same to the Americas via the Canary Islands, insinuating the luscious fruit into markets of solid… The post Imperial Fruit: Bananas, Costs and Climate Change appeared first on The AIM Network. |
xkcd.com
Friday, March 29, 2024 - 11:00
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The Australian Independent Media Network
Friday, March 29, 2024 - 10:15
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In the past couple of weeks, the conservative parties have retained government in two jurisdictions across Australia, the (party political) Brisbane City Council and Tasmania. Before anyone scoffs at the Brisbane City Council, it is an amalgamation of around 20 shires and town councils that occurred in the 1920s Apart from managing the roads, rubbish… The post The problems with a principled stand appeared first on The AIM Network. |
Your Democracy
Friday, March 29, 2024 - 08:05
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London: I have just returned from a week in Ukraine and I can’t stop thinking about it. History has judged Neville Chamberlain − who led Britain into World War II − poorly for his infamous 1938 observation of the conflict between Nazi Germany and Czechoslovakia as a “quarrel in a far away country, between people of whom we know nothing”. |
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MacroBusiness
Friday, March 29, 2024 - 08:00
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National treasuries and central banks usually move in lockstep on economic forecasts following consultation and coordination. On Wednesday, New Zealand Finance Minister Nicola Willis unveiled the Treasury’s half-yearly update, which slashed the nation’s growth forecast to only 0.1% for 2023-24, from 1.5% in the prior half-year update. This follows New Zealand’s Q4 GDP unexpectedly falling, |
MacroBusiness
Friday, March 29, 2024 - 07:00
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No country has botched up its immigration policy more than Canada. The employment, housing, infrastructure, and healthcare systems are all in disarray. Canada’s population expanded by more than 1.2 million people last year, owing to record net overseas migration: This population surge has resulted in a severe housing shortage across Canada: Housing starts have fallen The post Canada issues recession warning to Australia appeared first on MacroBusiness. |
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Your Democracy
Friday, March 29, 2024 - 05:41
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Last week’s terror attack on a Moscow concert venue has opened a Pandora’s Box of allegations by Russian officials accusing Western intelligence agencies and governments of secretly cooperating with, coordinating and masterminding the activities of international terrorist groups. Occasionally, however, Western actors don't even bother to hide it.
BY Ilya Tsukanov
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MacroBusiness
Friday, March 29, 2024 - 00:10
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The Office of the Chief Economist has done better with commodity forecasting since its institution replaced the Bureau of Research and Energy Economics (BREE). But I fear its latest update falls into the old BREE trap of being too bullish, even though it appears bearish to the naked eye: The profile for Australian resource and The post Albanese Govenment clueless Australia’s luck has run out appeared first on MacroBusiness. |
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Renew Economy
Thursday, March 28, 2024 - 21:17
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Your Democracy
Thursday, March 28, 2024 - 19:09
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US President Joe Biden has disparaged his Russian counterpart Vladimir Putin for the second time in two months, publicly calling him a “butcher” in connection with the Ukraine conflict. |
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MacroBusiness
Thursday, March 28, 2024 - 17:00
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Asian share markets are still in mixed conditions without any large economic catalysts and some lower volumes going into the Easter break. Last night’s solid lead from Wall Street has helped local stocks as the USD and bond yields continue their see-saw inversion. The still relatively high USD continues to weigh on the Australian dollar The post Macro Afternoon appeared first on MacroBusiness. |
The Australian Independent Media Network
Thursday, March 28, 2024 - 14:49
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The Australia Institute Media Release Environment Minister Tanya Plibersek’s Department has approved a major part of Santos’ controversial Barossa gas export project, the Darwin Pipeline Duplication Project. The approval was made on 15 March, but only published on the DCCEEW website at 5:15 pm on 27 March, at the end of the parliamentary week and… The post Government approves Santos Barossa pipeline and sea dumping appeared first on The AIM Network. |
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The Australian Independent Media Network
Thursday, March 28, 2024 - 14:39
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By Jane Salmon If The Jackboots Actually Fit … Why Does Labor Keep Tripping Over Its Own Feet? On Tuesday, a bunch of bright young refugees went to parliament to talk about their community contribution, their quest for permanent residency and what more they could give the nation if granted domestic tertiary study rights. They… The post If The Jackboots Actually Fit … appeared first on The AIM Network. |
Your Democracy
Thursday, March 28, 2024 - 14:12
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On October 16, 2023, Member of the Political Bureau of the CPC Central Committee and Director of the Office of the Central Commission for Foreign Affairs Wang Yi met with former leader of the Labour Party and former Prime Minister of the UK Tony Blair in Beijing. |
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MacroBusiness
Thursday, March 28, 2024 - 14:07
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On Thursday, the Reserve Bank of Australia (RBA) released credit aggregates data for February, which revealed that the growth in the stock of mortgage credit grew by only 0.4% over the month to 1.1% higher over the quarter. Owner-occupier credit (1.3%) continues to grow significantly faster than investor credit (0.7%). In the year to February, The post Aussie investors engage in housing tug-of-war appeared first on MacroBusiness. |
Renew Economy
Thursday, March 28, 2024 - 13:44
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MacroBusiness
Thursday, March 28, 2024 - 12:48
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The Australian Bureau of Statistics (ABS) has released jobs vacancy data for the three months to February, which shows that total job vacancies fell by 6.1% from November 2023. It was the seventh quarterly drop in a row, and job vacancies are now 23.5% lower than they were at their peak in May 2022. Separate The post Aussie job vacancies crash back to earth appeared first on MacroBusiness. |
MacroBusiness
Thursday, March 28, 2024 - 12:20
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The poor run of consumer data continues with the value of Australian retail sales growing only 0.3% in February, missing economists’ expectations of a 0.4% increase: Retail sales grew by only 1.6% year-on-year, well below the circa 2.5% population growth and 3.4% CPI inflation. The soft result came despite the stimulus from the Taylor Swift The post Aussie retail sales disappoint economists appeared first on MacroBusiness. |
