Overnight saw the release of the latest FOMC minutes with Wall Street pushing up higher against the trend as European shares finally fell back after weeks of trending higher. The USD continues to make a comeback against the major undollars with Euro slipping although Yen is firming once more. Meanwhile the Australian dollar is holding
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Clive Palmer and Pauline Hanson traded barbs after an attempt to unify their party fell apart, over disagreements about who should lead and bankroll their hoped-for singular right-wing populist movement.
If national governments across the globe are prepared to put minimising the climate threat ahead of protecting the fossil fuel industry, they will have to make major changes to how the net zero concept is being applied. This will require carbon offsetting to be brought in line with its intended application, and a consequential major reduction in its use.
The Trump administration’s decision to pause USAID funding has plunged hundreds of so-called “independent media” outlets into crisis, thereby exposing a worldwide network of thousands of journalists, all working to promote U.S. interests in their home countries.
USAID Falls, Exposing a Giant Network of US-Funded ‘Independent’ Media
The British government is debating the possibility of an air policing mission over Ukraine, The Times reported on Tuesday. The potential deployment of Typhoon fighter jets from bases in Poland is viewed as an alternative to stationing a significant number of ground troops and would require Moscow’s consent, the report says.
The RBA is a paid propagandist for the immigration-led, labour market expansion economic model. This means it must lie about the wage-suppressing effects of immigration or voters will demand the model (some might say scam) is shut down. But even the best liar occasionally lets slip the truth, and yesterday’s SoMP is a great example.
In the 2023-24 financial year, a record 3,000 construction firms in Australia were declared bankrupt (insolvent). New data from ASIC suggests that construction insolvencies have worsened in 2024-25. In the first seven months of this financial year, 1,999 construction firms were declared insolvent. This was 26% higher than the same period in 2023-24 (1,583) and
This is how Labour’s war on regulations will stymie its own policies. It is irrational and self-destructive.
By George Monbiot, published in the Guardian 11th February 2025
This might sound astonishing, but the UK government’s core programme now appears to be the same as Donald Trump’s: dismantling the administrative state. There’s less theatre, but the results could prove harder to contest. Absurd? Consider the evidence.
Most Asian share markets are trading higher despite the lack of a solid lead from Wall Street overnight with the USD pushed back after lifting slightly higher over the long weekend break. More Makeup Mussolini tariff news barely moved risk markets while the RBNZ served up another interest rate cut that sent Kiwi slightly higher
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INVESTIGATION BY JULES LETAMBOUR TO COME.
