Blogotariat

All fog of war stuff, but retaliation of some sort is underway in Iran: Three large explosions heard in Isfahan south of Tehran, US officials confirm. The Natanz nuclear facility is located in Isfahan. Unconfirmed simultaneous explosions have also been reported in Syria and Iraq (Baghdad and Babil/Babylon province). Iran has established a no-fly-zone over

The post Markets freak as Israel bombs Iran appeared first on MacroBusiness.

According to the Department of Home Affairs’ latest temporary visa data, there were a record 713,144 international students in Australia as of the end of February 2024: This is an increase of around 100,000 from the pre-pandemic peak. With Australia’s rental crisis raging out of control, eight peak bodies in the international education sector have

The post Universities fearmonger on international student cuts appeared first on MacroBusiness.

Brendan Coates from the Grattan Institute was at it again this week, calling on Australia’s major cities to copy Auckland and open up to high-density development: “The core problem when it comes to housing in Melbourne, is that in a lot of the most attractive areas – where people most want to live, with the

The post Why won’t housing supply YIMBYs ever mention Vancouver? appeared first on MacroBusiness.

The Market Ear on the new trend. That’s new April MTD – down moves bigger than up moves. Haven’t seen this since October 2023. Nomura NASDAQ – say hello to the 100 day NASDAQ is closing in on the 100 day moving average. 17500 is a massive short term support to watch. Note that the

The post Stocks only go down! appeared first on MacroBusiness.

The Russians are coming — or coming back, better put. 

As the November elections draw near, let us brace for another barrage of preposterous propaganda to the effect Russians are poisoning our minds with “disinformation,” “false narratives,” and all the other misnomers deployed when facts contradict liberal authoritarian orthodoxies.

The USD rebounded on more hawkish Fedspeak overnight, with Wall Street still unable to put runs on the board as inflation concerns linger. European stocks moved higher on more dovish speak from the ECB which will give Asian stock markets mixed signals on the open this morning. The Australian dollar retraced back to the 64

The post Macro Morning appeared first on MacroBusiness.

The Albanese Government has declared a population war on Australians. It intends to substitute the existing population with cheap foreign labour from the Third World as swiftly as possible. The strategy’s beauty is twofold. It lowers the standards and costs of all public services, and the population accepts it because it is being debased so

The post Albo’s population war destroys health system appeared first on MacroBusiness.

Government media funding supports the failing mainstream media (MSM) and right-wing advocacy groups like the Institute of Public Affairs.

The News Media Bargaining Code gifts $1b over four years from Google and Facebook mainly to Nine Network, Seven West Media, Guardian, and News Corp. The last two are foreign owned.

US-backed proposals to seize frozen Russian assets could undermine the international order, European Central Bank (ECB) President Christine Lagarde has cautioned. Her comments came during a meeting in Washington on Wednesday, where the G7 finance ministers and central bank governors were discussing the issue of using the immobilized assets of the Russian central bank to support Ukraine.

The National Bank of Canada has derided the government’s mythical plan to build 3.87 million new homes by 2031. This target would require an average annual run rate of 550,000 housing starts per year, about double the record high of 270,000 units in 2021. National Bank of Canada notes, “we’re also going to need people

The post Why Australia will never build enough homes appeared first on MacroBusiness.

Björn Höcke, the chair of the far-right Alternative for Germany party (AfD) in the eastern state of Thuringia, stands accused of intentionally deploying a slogan used by the Nazi party's paramilitary wing in a speech at a campaign rally.

Speaker of the US House of Representatives Mike Johnson announced on Wednesday that he is sticking with his plan to send a series of foreign aid bills to the floor, including those for funding for Ukraine and Israel. Johnson said in a note to legislators that they'll vote on these on Saturday evening.