Blogotariat

President Donald Trump has made his fixation on Greenland abundantly clear—enough so to unnerve many of the people who live there. “I think Greenland is going to be something that maybe is in our future,” he told reporters this week, once again teasing the notion of annexation.

EU officials have demonstrated hypocrisy in how they have treated arrest warrants issued by the International Criminal Court (ICC) against Russian and Israeli leaders, a political sciences professor at Birzeit University in the West Bank has told RT.

It was called a Budget reply, but the name was meaningless. Peter Dutton’s Thursday night effort was his election campaign pitch. Michael Pascoe reports it did have one good idea – but only one.

International Reading: Trump says US will ‘go as far as we have to’ to get control of Greenland – ABC It’s not just setting Teslas on fire. Now irate Americans are shoplifting from Whole Foods. – Business Insider Trump places 25% tariff on imported autos, expecting to raise $100 billion in tax revenues – AP

The post Weekend reading and media appearances appeared first on MacroBusiness.

Asian stock markets are having a poor finish to the trading week with most markets down amid noise around more Trump tariff nonsense, while the latest Japanese inflation figures sent local stocks sharply lower. The USD is lifting slightly against the major currency pairs, particularly Euro while the Australian dollar was pushed back below the

The post Macro Afternoon appeared first on MacroBusiness.

A solar farm and big battery proposed for development north of Geelong has been fast-tracked for state approval after being named as a winner in the federal Capacity Investment Scheme.

Peter Dutton says he will lower the cost of gas. But will that translate into lower electricity prices? The answer is: No.

Ausgrid’s Marc England explains why local networks are preparing their own ISP, and discussed batteries and tariffs. Plus: News of the week.

Progress towards peace in Ukraine is slow to the point of being imperceptible.  Worse, European gas inventories are sharply depleted after a cold winter. ANZ. Europe faces challenges restocking its stores of liquid natural gas following sharp drawdowns over winter. This is likely to increase pressure on the global LNG market. Increasingly tight supplies resulted

The post A new gas shock builds in Europe appeared first on MacroBusiness.

The “Stats Guy” Simon Kuestenmacher, is a renowned immigration lobbyist. For years, he has pumped out propaganda supporting a Big Australia. Last year, Kuestenmacher seemingly experienced a Damascus moment, recognising that Australia’s business model is fundamentally flawed and harming the middle class: The Atlas of Economic Complexity, produced by the Growth Lab at Harvard University,

Goldman says China is back. 1.China is back on the radar, at least in terms of investor interest; 2.We expect more fundamental upside for Chinese stocks after ~20% gains ytd, but reiterate our tactical view that the bull run may slow on event risks and profit-taking pressures; 3.Equity investors seem relaxed about US tariff concerns,

The post Chinese stocks are the new widowmaker appeared first on MacroBusiness.

Tuesday’s federal budget revealed that the cost of the National Disability Insurance Scheme (NDIS) will reach $50.8 billion next financial year, surpassing the $51 billion allocated to the defence budget. While the NDIS has created a significant financial burden on the federal budget, it is mainly responsible for driving Australia’s job growth and maintaining the unemployment

The post NDIS black hole fuels job boom appeared first on MacroBusiness.

QAnon is a multifarious conspiracy theory originating in forum posts on the far right wing website ‘4chan’ in October 2017. Adherents to this idiocy believed that then US president Donald Trump was waging a secret war against those running the world, and in the US, the ‘deep state’1.This conspiracy theory had, at its core, lurid claims that an elite cabal of child-trafficking paedophiles, comprising, among others, Hollywood A-listers, leading philanthropists, Jewish financiers and Democrat politicians, covertly rule the world2.