Blogotariat

Iron ore prices for March 26, 2020: We’re waiting out the shifts in supply and demand. Roughly 80mt of supply is offline as South Africa shuts, joining Vale’s closures. But, Chinese iron ore output was running at 140mt before the virus. It’s a lot easier to shut a mine than it is a blast furnace

The post Daily iron ore price update (saved) appeared first on MacroBusiness.

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AEMO report indicates delays to roll out of renewables could set back the grid's low-carbon transition and force it to lean more heavily on costly and polluting gas.

Feel like a break from all the bad news? Well here we are, the AIMN writers and regular commenters on those articles, spending plenty of time at home. We are all part of the AIMN community, commenters and writers both . As a Voice from the Serf Hovel type of writer I sprout up now…

The post Eating Tomatoes in Portugal – some AIMN fun! appeared first on The AIM Network.

Atlas Advisors Australia has wasted no time in using the coronavirus pandemic as an excuse to lobby the Morrison Government to open the floodgates to Significant Investor Visas (SIV) – affectionately known as “Golden Ticket Visas”: About $100 million could provide a lifeline for start-ups and emerging companies crippled by the coronavirus if applications under

The post Fresh calls to expand money laundering visas appeared first on MacroBusiness.

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Global Macro / Markets / Investing: Coronavirus is the ultimate proof that the world can no longer afford to ignore tax havens – Eureporter Why ending social distancing early will not revive the economy – Project Syndicate The coronavirus outbreak is a stark reminder of the divide that exists in countries without universal healthcare, like

The post Links 27 March 2020 appeared first on MacroBusiness.

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The mass hysteria of the corona crisis is raging, with the resulting self-isolation of whole economies and populations. The loss seems greater with every new forecast on the economic collapse than I initially thought, and the benefit of imprisoning and terrorizing the population smaller than I initially thought, leading courageous little Sweden to forego these options.

I went riding in my short shorts—only as a fat, bearded and balding middle-aged man that was not sexy; it's sordid. On that ride in the short shorts I initially went along the pathways presuming that people I'd meet would step off the path six feet for social distance to allow me to speed through. No. That did not happen. Not once. It was as if this COVID shit wasn't happening. I later read an article that said even if you speed through a sneeze cloud it's still going to get on you. So running or riding is no resistance. I went out today, this time in deeply normal pants that have no sexiness about them.

A very mixed day here in Asia with most stock markets in retreat mode after what was a stellar start to the Trading Week. The US Congress is set to pass the Senate’s stimulus package on Friday, as traders and indeed everyone watches the growing death toll and case load of COVID-19 let loose in

The post Macro Afternoon appeared first on MacroBusiness.

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Today we look at the at the credit fallout of Coronavirus. What is the nature of this financial crisis? Is it over or does it have further to run? What is the role of banks and central banks? What are the implications for assets? All of these questions and more answered today by MB Fund’s

The post MB Fund Podcast: The New Credit Ice Age appeared first on MacroBusiness.

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With unemployment set to rockets and households all over the nation facing falling disposable income, Australia’s private schools are facing a big drop-off in enrolments and fee revenue: The Association of Independent Schools in NSW, which represents 33 per cent of all independent school students in Australia, said COVID-19 coming on top of the bushfires

The post Private schools face collapsing enrolments appeared first on MacroBusiness.

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Tesla big battery lifts earnings by one third in 2019, as well as reducing costs to consumers and playing key role in keeping the lights on.

The ABS has released household wealth data for the December quarter of 2019, which revealed a big lift in wealth driven by property: Household wealth Household net worth (wealth) increased $360.9b (3.3%) in December quarter 2019 driven by a $382.8b increase in total assets. This was partly offset by a $21.8b increase in total liabilities.

The post Household wealth surged in Q4. Now comes the bust. appeared first on MacroBusiness.

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A Hyundai Kona electric with towbar has successfully completed a test run towing a newly-acquired camper trailer.

The post Tow Story: Kona Electric hauling a camper trailer appeared first on RenewEconomy.