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Col. Douglas Macgregor: Walking Away from the Ukraine War & Restoring Strategic Clarity

Third and final giant transformer arrives for installation at first stage of state-backed big battery that will deliver up to 1.6 gigawatt-hours of storage into the grid.

Local Reading: Eddie Obeid to keep $30 million made from corrupt coal licence deal – ABC Mental health experts concerned about Coalition plan to scrap workers’ right to disconnect – The Guardian Over five decades, here’s how voters have shifted away from the major parties – ABC When ‘equal’ does not mean ‘the same’: Liberals

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Israeli strikes included the bombing of a school-turned-shelter, which killed 13, and the bombing of a children's hospital

Gaza’s Health Ministry said on Wednesday that Israeli attacks killed at least 38 Palestinians and wounded 105 over the previous 24-hour period as US-backed Israeli strikes pound targets across the Strip.

Risk markets are still in a positive mood generally speaking as they digest the possible weakening of Chinese tariffs but of course the Orange Mussolini is still a bit confused on what he wants to do at the granular level with more doublespeak during the session. Stocks are still fairly well bid while the USD

The post Macro Afternoon appeared first on MacroBusiness.

China stats for first three months of 2025 show it installed 9 GW of new thermal generation capacity, compared to 59.7 GW of new solar and 14.6 GW of new wind.

I have written about how the explosion in cafe numbers and rampant cost inflation have left the hospitality industry in a precarious position. When I moved to my suburb of Ashburton, Melbourne, in 2006, only a handful of cafes were operating on my local High Street shopping strip. Over the following 15 years, the number

The post $7 coffees will burst the cafe bubble appeared first on MacroBusiness.

Those iron ore jaws are looking tempting. May/June is a seasonally weak period for iron ore are well. There are early signs that the tariff smash is beginning to impact demand. Goldman. [US] Producers estimate that the negative impact on their exports (produced in China) has ranged up to a full stop in the volume

The post Iron ore surges as steel sputters appeared first on MacroBusiness.

Chinese company says its robot solar mounting machine can install solar panels at three and five times faster than a team of humans, and slash construction times.

Victorian Premier Jacinta Allan chose to sign the contracts to build the first leg of the $200-plus billion Suburban Rail Loop (SRL) project against the explicit advice of infrastructure experts. SRL East, which will link Box Hill and Cheltenham, is budgeted to cost $34.5 billion. To date, the state has only secured $11.8 billion of

The post Victorian government robs the west to give to the east appeared first on MacroBusiness.

The Australian Bureau of Statistics’ (ABS) Q4 2024 national accounts revealed that the economy finally emerged from a per capita recession following 21 consecutive quarters of decline. Australia’s per capita recession was driven by the household sector, where consumption fell for a record eighth consecutive quarter. The decline in per capita consumption followed a record

The Market Ear on the chaos. Show me the trend SPX has mostly been frustrating everybody. Huge volatility, no direction. Source: Refinitiv Did they front run the crash? The aggregate selling from systematics has been huge. The question is whether they front ran the SPX move lower, discounting a bigger bear than realized? Source: GS

The post Stocks rise with the child president appeared first on MacroBusiness.

DXY is back. EUR splat. AUD follows EUR. Lead boots stuck. Bretton Woods II firming hit gold. Metals did better. Big mining=big bear. EM yawn. Junk cancels recession. Curve flattened. Stocks to the moon. It’s not hard to see why the child president is in a panicked reversal. Check out these internal from the Richmond

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