Blogotariat

Oz Blog News Commentary
Your Democracy Saturday, January 13, 2024 - 12:42 Source

About 120 members of the European Parliament in Strasbourg have signed a petition to strip Hungary of its voting powers in the European Union, an influential Finnish MEP announced on Friday.

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The Australian Independent Media Network Saturday, January 13, 2024 - 09:10 Source

Media Release Refugees in every part of Australia are invited to donate blood this Valentine’s Day, Wednesday February 14, 2024, as part of an Australian Red Cross Lifeblood team called “10,000 Refugees Contributing to Australia”. “There are thousands of us who are hoping to call Australia home. It’s a way to show our vitality and deep…

The post Refugees in Australia invite one another to donate blood appeared first on The AIM Network.

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The Australian Independent Media Network Saturday, January 13, 2024 - 08:47 Source

What a show. As US Secretary of State Antony Blinken was promoting a message of calm restraint and firm control in limiting the toxic fallout of Israel’s horrific campaign in Gaza, a decision was made by his government, the United Kingdom and a few other reticent collaborators to strike targets in Yemen, including the capital…

The post Futile and Dangerous: Bombing Yemen in the Name of Shipping appeared first on The AIM Network.

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Your Democracy Saturday, January 13, 2024 - 08:27 Source

Donald Trump’s potential election as US president in 2024 is “clearly a threat” to Europe, judging by the policies he pursued during his first term in office, European Central Bank (ECB) President Christine Lagarde has warned.

Lagarde’s comments, which were delivered in an interview with France 2 on Thursday, come amid growing anxiety among EU leaders over a potential Trump victory in November’s election.

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Cheeseburger Gothic Saturday, January 13, 2024 - 07:50 Source

We became a one-car family when my old car somehow became my daughter’s uni car. It’s meant that even though I work from home, I’m out on the road most mornings dropping Jane to the pool or gym before dropping her to the office. (It’s always gym for me. I’m not a swimmer.)

I realised the other day that I’d eaten the same breakfast for about three weeks running. The old reliable breakfast wrap. Probably called a burrito on the other side of the lake.

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MacroBusiness Saturday, January 13, 2024 - 00:05 Source

International Reads: Trump risks backlash with wish for economic crash in ‘next 12 months’ – The Hill Trump predicts stock market crash if he doesn’t win in 2024 – The Hill Biden Hits Trump Directly on Economy Comments: ‘He Already Is’ Hoover – The Messenger Google confirms it just laid off around a thousand employees

The post Weekend Reading and MB media appearances appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, January 12, 2024 - 19:44 Source

All right, I have no idea whether Dutton has shares in Coles. Actually, he may have shares in Woolworths for all I know but whatever the truth, you can make a lot out of something that hasn’t happened… Still it would be embarrassing if – after calling for the Woolworth boycott – if it were…

The post Peter Dutton Still Yet To Deny He Has Shares In Coles! appeared first on The AIM Network.

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The Australian Independent Media Network Friday, January 12, 2024 - 19:10 Source

By guest columnist Tess Lawrence Michelle Obama for President? Yes, of course. Is it even a thing? Absolutely. It makes sense out of Donald Trump’s nonsensical but dangerous bid to reclaim his title of Heavyweight Champion Idiot of the Free World. He’s turned Uncle Sam into Uncle Spam. Uncle Sham. And then there’s all that…

The post Michelle Obama for President? Yes, she can! appeared first on The AIM Network.

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John Quiggin Friday, January 12, 2024 - 18:17 Source

This Crooked Timber post on declining population has prompted me to get started on what I plan, in the end, to be a lengthy critique of the pro-natalist position that dominates public debate at the moment. My initial motivation to do this reflected long-standing concerns about human impacts on the environment but I don’t have any particular expertise on that topic, or anything new to say. Instead, I want to address the economic and social issues, making the case that a move to a below-replacement fertility rate is both inevitable and desirable.

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Your Democracy Friday, January 12, 2024 - 17:24 Source

Climate scientists don’t like surprises [Gus: WHY NOT IF IT'S GOOD NEWS?]. It means our deep understanding of how the climate works isn’t quite as complete as we need. But unfortunately, as climate change worsens, surprises and unprecedented events keep happening.

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Cheeseburger Gothic Friday, January 12, 2024 - 17:21 Source

I was on Facebook the other, checking my messages, because some people just can’t quit that place (yes, I know, I should quit that place too, but my messages!).

I saw this post by former Brisbane alderman, turned full time artist David Hinchcliffe. A paint off!

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Your Democracy Friday, January 12, 2024 - 16:50 Source

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The Australian Independent Media Network Friday, January 12, 2024 - 15:59 Source

By John Haly The burden of supplying job vacancies falls on the government and business sectors. Instead, the government and media typically blame the unemployed, portraying them as unmotivated, parasitic welfare recipients. This is despite, by any unemployment measurement, there are more unemployed than open job positions. This suggests that the real issue is a…

The post Too much Interest, as Size Matters appeared first on The AIM Network.

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Renew Economy Friday, January 12, 2024 - 15:35 Source

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Cheeseburger Gothic Friday, January 12, 2024 - 15:01 Source

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Renew Economy Friday, January 12, 2024 - 14:48 Source

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Renew Economy Friday, January 12, 2024 - 14:12 Source

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Your Democracy Friday, January 12, 2024 - 14:03 Source

Young Austrians are getting too fat to join the military, Defense Secretary Klaudia Tanner warned during a press conference on Thursday, attributing last year’s decrease in the number of military conscripts to growing obesity among the youth.

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Renew Economy Friday, January 12, 2024 - 14:01 Source

wind farm germany rwe

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MacroBusiness Friday, January 12, 2024 - 14:00 Source

Below is this week’s installment of The Treasury of Common Sense with Mike Jeffreys from Radio 2GB. In this interview, we discuss Treasurer Jim Chalmers wage lies, immigration lies, and how dumb policies are wrecking Australian living standards. Specific topics discussed in the interview include: 1) Jim Chalmer’s lies that Labor has delivered wage growth.

The post Australia’s living standards trashed by politicians appeared first on MacroBusiness.

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MacroBusiness Friday, January 12, 2024 - 13:30 Source

Everybody with a brain is shifting away from China: Years of harrowing losses have left Chinese stocks with a diminished standing in global portfolios, a trend that’s likely to accelerate as some of the world’s biggest funds distance themselves from the risk-ridden market. An analysis of filings by 14 US pension funds with investments in

The post Mad Albo maximises China risk appeared first on MacroBusiness.

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MacroBusiness Friday, January 12, 2024 - 13:00 Source

Justin Fabo at Antipodean Macro has posted the below chart showing how resources excluding gold completely dominate Australia’s exports: As noted by Fabo, “rock and gas exports from Australia are roughly $33 billion (currently) every month, or circa 15% of Australia’s GDP”. It is a key reason why the mining sector comprises such a large

The post If only Australia taxed resources properly appeared first on MacroBusiness.

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MacroBusiness Friday, January 12, 2024 - 12:40 Source

Wholesale electricity prices continue to firm modestly as summer transpires: Weak wind is keeping gas output high and raising the overall price: It is important to understand how the AEMO bidding system works. The power supply auction that transpires multiple times per hour has bid stack with renewables at zero, coal in the middle, and

The post Time for a battery boom appeared first on MacroBusiness.

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Your Democracy Friday, January 12, 2024 - 12:35 Source

Britain did not strong-arm Ukraine into abandoning peace with Russia early on in the conflict, former Prime Minister Boris Johnson has said. His remarks came in reaction to the recent revelations about his April 2022 trip to Kiev by a top Ukrainian lawmaker, who has now also tried to walk back his story.

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MacroBusiness Friday, January 12, 2024 - 12:20 Source

The Guardian is unreadable. Systematic censorship of inconvenient facts corrupts its journalism. This pertains especially to its chosen culture wars of immigration, gender and race. Today, the former newspaper turned progressive cancellation sheet adds egregious hypocrisy to its sins. Somehow, culture wars at home are more important than actual wars abroad over oil: It is

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Renew Economy Friday, January 12, 2024 - 12:01 Source

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MacroBusiness Friday, January 12, 2024 - 12:00 Source

Remember all those arguments by the likes of Hugh White that China would take over the global economy? One of the favourite measures to prove it was intellectual property. Raw statistics show an overwhelming Chinese lead: Chinese overlordship was inevitable, they said. Except for a few small problems, such as: The greatest property bubble in

The post China the intellectual fraud appeared first on MacroBusiness.

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MacroBusiness Friday, January 12, 2024 - 11:30 Source

The New Daily’s Michael Pascoe did a great job demolishing the lie that if Australia simply relaxed planning restrictions, and let developers built apartment wherever they want, then Australia’s housing crisis would magically resolve. “Sure, “everybody” says councils are holding up building more housing”, Pascoe writes. “Sure, there are councils that could make building easier

The post The great Australian housing lie appeared first on MacroBusiness.

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MacroBusiness Friday, January 12, 2024 - 11:00 Source

They might. But not endogenously, yet. Charlie McElligot at Nomura. Yet another “Spot Up, Vol Up” day in US Equities, which continues to show that traders remain far-more concerned about missing the “right-tail / crash-UP”tha nany sort of downside risk event(Vol of Vol / VVIX at lows last seen pre March ’23 Banking Crisis), with

The post Why won’t stocks crash? appeared first on MacroBusiness.

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xkcd.com Friday, January 12, 2024 - 11:00 Source

A left-handed sheet bend creates a much weaker connection, especially under moderate loads.

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