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Your Democracy Saturday, July 20, 2024 - 09:00 Source

Russia unaffected by global IT meltdown – ministry

A massive Windows 10 outage linked to the CrowdStrike antivirus platform has hit air traffic control systems, banks, and broadcasters

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Your Democracy Saturday, July 20, 2024 - 07:18 Source

Sorry, we want war: Why EU elites will ignore Hungary’s OrbanThe Hungarian leader, who is currently president of the EU Council, is trying to actually make an impact with his term...

Hungary, represented by its Prime Minister Viktor Orban, took over the rotating six-month presidency of the Council of the European Union in July 1, and promptly decided to do something unconventional: actual work. So out came the knives. 

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MacroBusiness Saturday, July 20, 2024 - 00:10 Source

It doesn’t really matter much that Donald Trump is an observable psychopath who holds democratic conventions in contempt and has a business model that revolves around borrowing billions, harvesting government contracts, and avoiding paying tax. It doesn’t matter that he arranged a near coup that went within a hair’s breadth of overthrowing US democracy when

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MacroBusiness Saturday, July 20, 2024 - 00:05 Source

International reads: The U.S. government wants to crack down on apps that let people get their paychecks before payday – Fortune Average Chinese national now eats more protein than an American: United Nations – SCMP Jamie Dimon says whoever is elected president can’t sit in denial and must realize ’we have a problem’ with national

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

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The Australian Independent Media Network Friday, July 19, 2024 - 21:42 Source

By Bert Hetebry How quickly at times we judge people just because they may not look or act or be like us, (like me?). Judgementalism: Having a judgmental attitude or behaviour, tending to form opinions too quickly, especially when disapproving of someone or something. (Cambridge English Dictionary). Judgement: The ability to make considered decisions or…

The post Judgementalism, judgement, justice appeared first on The AIM Network.

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Your Democracy Friday, July 19, 2024 - 18:38 Source

America had the biggest ‘The Emperor’s New Clothes’ moment in its history when US President Joe Biden debated Donald Trump last week, turning in a performance that confirmed many Americans’ fears that he does not have the cognitive capabilities to be President at his advanced age.

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Cheeseburger Gothic Friday, July 19, 2024 - 16:02 Source

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MacroBusiness Friday, July 19, 2024 - 16:00 Source

A sea of red across most Asian markets as they end the trading week on a downer as the two negative sessions in a row on Wall Street continues to upset confidence. The latest Japanese inflation figures were not as upsetting although core inflation above 2% is still worrying the BOJ. The USD continues to

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Friday, July 19, 2024 - 15:46 Source
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Renew Economy Friday, July 19, 2024 - 15:05 Source

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Renew Economy Friday, July 19, 2024 - 14:54 Source
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Your Democracy Friday, July 19, 2024 - 14:39 Source

It’s official: the royals are returning down under. King Charles and Queen Camilla are scheduled to visit Australia and Samoa in October, attending events in Canberra and New South Wales (with more details to come).

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Renew Economy Friday, July 19, 2024 - 14:38 Source
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Renew Economy Friday, July 19, 2024 - 14:25 Source
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Your Democracy Friday, July 19, 2024 - 14:20 Source

The Iwo Jima 2.0 pic, immortalizing the Trump fist surviving an assassination attempt, has taken the world by storm – generating everything from a meme tsunami on China’s Weibo to fresh anime in Japan. Not to mention the deluge of hats and T-shirts.

This carefully composed pic changes everything – in more ways than one. So let’s engage in a first attempt to deconstruct it.

 

Iwo Jima 2.0: What story is this picture telling?

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MacroBusiness Friday, July 19, 2024 - 14:00 Source

Productivity Commission boss Danielle Wood noted it has always been hard to boost productivity in labour-intensive industries such as the aged and disability care sectors. With the care sector certain to form a larger part of the economy, Wood says that productivity in other industries will have to improve to combat the negative impact on

The post NDIS turns into giant productivity sponge appeared first on MacroBusiness.

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MacroBusiness Friday, July 19, 2024 - 13:30 Source

For years, Victorians have suffered from Stockholm Syndrome when it comes to the state Labor government. Victoria’s nine-month lockdown during the pandemic was one of the longest and most severe in the world. The state government, whose incompetence with hotel quarantine and draconian enforcement ought to have scared voters away. There are cost blowouts everywhere

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MacroBusiness Friday, July 19, 2024 - 13:00 Source

Albo’s incredible new power shock surges on: Driven by his hapless $12Gj gas price floor: The East Coast gas export cartel tightened its grip on Australia’s throat yesterday as hydrogen face-planted with Twiggy Forrest: The architect of the first national clean hydrogen strategy, former chief scientist Alan Finkel, says his support for the fuel has

The post Energy superidiot hydrogen dream turns nigtmare appeared first on MacroBusiness.

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Renew Economy Friday, July 19, 2024 - 12:45 Source
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New Politics Friday, July 19, 2024 - 12:43 Source

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MacroBusiness Friday, July 19, 2024 - 12:30 Source

Earlier this year, we were greeted with images of tent encampments mushrooming within Brisbane. A report by 9News highlighted the situation, with “makeshift campsites and tent cities expanding across south-east Queensland”. This included a “tent city in Rothwell, in the heart of Premier Steven Miles’ electorate of Murrumba”. According to PropTrack, Brisbane dwelling values have rocketed

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Renew Economy Friday, July 19, 2024 - 12:10 Source
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MacroBusiness Friday, July 19, 2024 - 12:00 Source

He is as accomplished a liar as any in parliament: On Thursday, the Treasurer on social media platform X said new figures from the Australian Bureau of Statistics showed the Albanese government “has ­created more jobs in a parliamentary term than any government in history”. “We’ve created almost 930,000 jobs since we came to ­office – faster

The post Jim Chalmers loses 70k jobs in 2.5 years appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, July 19, 2024 - 11:35 Source

By Denis Hay Introduction Choosing politicians who prioritize social justice, public ownership, and anti-austerity measures can transform Australia’s political landscape. Jeremy Corbyn’s policies in the UK have shown that such values resonate with many voters, focusing on fair solutions and economic reform. This guide explores how Australia can adopt similar approaches, highlighting the popularity and…

The post Elect Politicians with Jeremy Corbyn’s Values in Australia appeared first on The AIM Network.

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MacroBusiness Friday, July 19, 2024 - 11:30 Source

In December 2023, The SMH reported that year 12 applications to the University Admissions Centre (UAC) hit their lowest in over a decade: The general manager of marketing and engagement at UAC, Kim Paino, noted that the high cost of living, a robust job market, and rising costs of higher education were likely to blame

The post Is a university degree still worth it? appeared first on MacroBusiness.

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Renew Economy Friday, July 19, 2024 - 11:05 Source
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MacroBusiness Friday, July 19, 2024 - 11:00 Source

The Market Ear wraps up the correction. What is happening…? Here are a couple of short/medium term catalysts to explain the weakness (outside the most important one – the MoMo carnage – dealt with in previous email). 1. Rotation rampage……Several days of Big Tech underperformance, as investors expanded their exposures, adding more pro-cyclical exposure and

The post Stocks deflate appeared first on MacroBusiness.

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Renew Economy Friday, July 19, 2024 - 10:54 Source
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MacroBusiness Friday, July 19, 2024 - 10:30 Source

As they should say and don’t, history doesn’t repeat, but it sure does repeat. Why is China trying to combat a real estate crash with higher interest rates? China’s central bank is readying a bold new experiment in global monetary policy — taking a leaf out of the hedge fund playbook and arranging to short

The post China makes all the same mistakes as Japan appeared first on MacroBusiness.

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Cheeseburger Gothic Friday, July 19, 2024 - 10:25 Source

I got back from Tassie late on Wednesday and I’ve been thinking about something I only half realised while I was down there. I didn’t have a bad hot chip/french fry the whole time I was one the island. And I ate a lot of hot chips! They seemed to come with everything. And not the tiny, grudging obligatory serve you’d get anywhere else, but rather these heaped high mounds of salty hot carby goodness.

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