Blogotariat

DXY is easing: AUD is stalled: North Asia is a lead weight: Oil is creeping higher: Dirt yawn: Miners held on: EM yawn: But EM junk is still risk bullish: Yields rose: Stocks firmed: Not much to report in dataland. Goldman has neat discussion on DXY: FX has been trapped in a narrow range. US data

The post Australian dollar crushed under US megaboom appeared first on MacroBusiness.

France is leading a new coalition that aims to provide Ukraine with “medium and long-range missiles and bombs,”President Emmanuel Macron has announced. He has also not ruled out deploying ground forces to support Kiev in future.

Macron made the remarks following a summit of Ukraine’s backers on Monday, intended to demonstrate unwavering support for Kiev amid the suspension of American aid.

I picked up a 4-pack of ramen noodles at the shop as a lazy writer stand-by meal. My attention was immediately captured by this Korean offering. It was promise of ‘spicey hot’ flaming chicken wot done it.

The end of the Second World War was a calamitous catalyst, laying the bricks and mortar for institutions that were always going to look weary, almost comically so, after some decades. The United Nations was meant to be the umbrella international organisation, covering an eclectic array of bodies that seem, to this day, unfathomably complex.…

The post Old Problems with the New: Reforming the UN Security Council appeared first on The AIM Network.

Scott Morrison, the former Prime Minister (2018-22), has delivered his valedictory speech to the House of Representatives.

Morrison will resign as the Liberal member for Cook later this week.

First elected to parliament in 2007, Morrison was re-elected five more times. He served nearly six years in opposition before becoming a Cabinet minister upon election of the Abbott coalition government in 2013. Becoming prime minister on August 24, 2018, Morrison won the 2019 election, but was defeated at the election of May 21, 2022.

Independent modelling proposes an economy run on sunshine that could recharge the Northern Territory and avoid environmental harm from taxpayer-subsidised gas.

Author of the renowned “Game of Mates”, Dr Cameron Murray, has published a new book entitled “The Great Housing Hijack”, which explains how vested interests pull the strings on the property market in Australia. He also offers solutions to Australia’s housing policy quagmire. Below is the blurb for the book: Everyone claims to want affordable

The post Australia’s Great Housing Hijack appeared first on MacroBusiness.

South Australia fast tracks its target of "net 100 pct" renewables to 2027 - rather than 2030 - as a result of the state's new wind and solar developments and ambitious hydrogen plans.

Recent revelations have proved Russia had no choice but to extinguish the growing threat within Ukraine.

“We have been left no other option to protect Russia and our people but for the one that we will be forced to use today,” Russian President Vladimir Putin noted solemnly during his announcement of a special military operation in the Donbass. “The situation requires us to take decisive and immediate action.”

Roy Morgan’s latest polling of voting intentions shows that two-party support for the ALP has decreased 2.5% to 50%, bringing it level with the L-NP (up 2.5%). If these results were replicated at the next federal election, we would have a hung parliament, with minor parties and independents deciding who would form our next government.

The post Coalition would win if it replaced Peter Dutton appeared first on MacroBusiness.

Now this is amusing. I somehow missed it a few months ago: Industry super fund QSuper handed back the keys to a prime New York City midtown office tower after its investment went under water just 2½ years after valuing the asset at $US540 million ($855 million) on its books. The decision to appoint a

The post Towering Inferno just beginning appeared first on MacroBusiness.

As the global gas price crash proceeds everywhere but Australia, locals should take a moment to thank Qatar for stepping in where their own government is too cowardly to tread. As we know, gas prices in Asia and Europe are about 20% lower than in Australia. That is, for Australian gas. Say what? This is

The post Aussies can thank Qatar for lower energy bills appeared first on MacroBusiness.

Perth has become Australia’s housing boom town. CoreLogic’s daily dwelling values index shows that Perth has recorded the largest house price rebound after values nationally bottomed in late January 2023: Perth dwelling values have rebounded by 18.7% from late January 2023, easily beating the 11.0% increase across the five major capital cities. Perth values also

The post Perth is the new housing boom town appeared first on MacroBusiness.