Blogotariat

The starvation regime continues unabated as Israel continues its campaign in the Gaza Strip. One of the six provisional measures ordered by the International Court Justice entailed taking “immediate and effective measures” to protect the Palestinian populace in the Gaza Strip from risk of genocide by ensuring the supply of humanitarian assistance and basic services. …

The post Conscious and Unconscionable: The Starving of Gaza appeared first on The AIM Network.

The AFR warns that Victoria has little chance of meeting its target set by former Premier Dan Andrews to build 800,000 new homes over the decade. “A total of 51,045 new dwellings approved in Victoria for 2023, according to the ABS, the lowest in 10 years, and down from 62,281 in 2022 and nearly 71,000

The post Victoria leads housing construction collapse appeared first on MacroBusiness.

The Market Ear with the absurdity of money.  To the moon Bitcoin RSI at 88. We have not seen RSI this overbought AND bitcoin trading at these absolute levels, ever. Chasing it here looks like a very late trade. Refinitiv Leaving the 200 day moving average behind BTC is trading some 70% above the 200

The post Bitcoin a ponzi scheme and a bubble appeared first on MacroBusiness.

Productivity Commission Media Release A new report from the Productivity Commission shows that labour productivity fell sharply in 2022-23, as a record-breaking increase in hours worked failed to generate a similar increase in economic output. The Annual productivity bulletin 2024 provides the most complete picture to-date of the drivers of Australia’s productivity decline over 2022-23.…

The post New insights into Australia’s productivity problem appeared first on The AIM Network.

EnergyAustralia CEO Mark Collette on coal as a reserve asset, the uncertainty of Yallourn, the challenge of green hydrogen, and just managing the transition.

The post Energy Insiders Podcast: The push for coal to play off the bench appeared first on RenewEconomy.

PropTrack has released its dwelling value results for February, with values nationally rising by 0.45% over the month to be 6.15% higher year-on-year: Combined capital city values rose by 0.48% in February, whereas values rose by 0.36% across the combined regions. In the year to February, the combined capital cities recorded a 7.06% increase in

The post Brisbane home values catch-up to Hellbourne’s appeared first on MacroBusiness.

Honestly, they’re like Daleks, these official economists: A surge in employment combined with scant investment by firms to improve output triggered a sharp drop in worker productivity, limiting prospects for income growth without fanning inflation, the Productivity Commission said in its annual report. Across the economy, productivity fell 3.7% in 2022-23, as output growth failed

I assume this pantomime serves the purpose of creating an atmosphere of fear among existing pollies: A former politician labelled a traitor by ASIO director-general Mike Burgess is “no longer a security concern”, the spy chief declared as he refused to identify the person and a raft of ex-MPs demanded their names be cleared. As

The post ASIO drama queen won’t divulge name appeared first on MacroBusiness.

Rebar and SGX futures cannot catch a bid: Early next week is the “Two Sessions” in Beijing with markets expecting a 5%ish growth target. It will need to pack more punches than just that number to lift iron ore. Assuming a 2024 CPI and GDP deflator of a marginally improved -1%, 4% real growth with

The post Iron ore downgraded appeared first on MacroBusiness.

The US Army is cutting its force by 24,000 and restructuring to be capable of fighting the next major wars as it struggles to recruit new troops, according to a new service document titled "Army Force Structure Transformation." What's behind the overhaul?

What led the Prime Minister to join a protest against his own government’s policies?

By George Monbiot, published in the Guardian 28th February 2024

I subscribe to a publishing industry newsletter called the Hotsheet, which is normally full of inside baseball chatter, where for baseball I mean the book biz.

This morning’s mail out might interest a wider audience, however. (It sure as hell interested me, as the target of some of these douchebags).

Bestselling author David Goggins sues Amazon over counterfeit sales

Fortescue again delays a decision on what would be Australia's biggest green hydrogen plant, while Forrest appoints a former gas man to head his renewable plans.