Britain goes full Orwell accusing Putin of imperialismForeign Secretary David Lammy launched into a weird rant against Russia, accusing it of the crimes Britain has committed...
The National Bank of Canada has released stunning data showing the extent to which government spending is holding up Canada’s economy while still shrinking at an alarming rate per capita. According to the National Bank of Canada, per capita “GDP has seen a cumulative decline of 3.9% since its peak in 2022, the first time
The freedom for individuals to choose their sources of information makes it difficult to govern effectively, former US Secretary of State John Kerry has said.
Speaking at a World Economic Forum (WEF) panel on Green Energy last week, Kerry criticized the First Amendment of the US Constitution, which protects freedom of speech and the press.
Chinese stocks have soared higher in one of their best one day performances in a decade as traders don’t want to miss out before the week long holiday. The reaction to the PBOC stimulus has been considerably overdone but not yet stopped! Local shares gained in sympathy while Japanese shares slumped on the back of
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By Denis Hay Description An Australian currency sovereignty government can improve social services instead of focusing on a budget surplus. Learn why in this comprehensive guide. Introduction Australia, with sovereignty over its currency, has the unique ability to manage its economy differently from countries that do not control their money supply. Yet, the Australian government…
Productivity Commission Media Release Labour productivity fell by 0.8% across the economy in the June quarter, but rose by a modest 0.5% over the year to June 2024. This marks a return to the weak productivity growth trend of the five years leading up to the COVID-19 pandemic. “During the pandemic, aggregate productivity rose but…
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The Real Estate Institute of New Zealand’s (REINZ) House Price Index (HPI) reported a 16.7% decline nationwide from the market peak in 2021. This has brought real inflation-adjusted housing prices back to pre-pandemic levels at the start of 2020. The Reserve Bank of New Zealand commenced an interest rate easing cycle last month with an
Assistant Minister for Immigration, Matt Thistlethwaite, said the quiet part out loud in a recent speech to the Sydney Institute. Thistlethwaite admitted that over recent decades, Australia’s immigration program has provided minimal economic benefits and lowered liveability in our major capital cities. “For many decades Australia has not had a migration strategy”, Thistlethwaite said. “Migration
Goldman with the note. The August core PCE price index rose by 0.13% month over month, while the year-over-year rate edged up to 2.68%. Core services excluding housing increased 0.16% and market-based core PCE increased 0.15%. Both personal spending and income increased by 0.2% in August. The saving rate edged down to 4.8% from an
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So much for the grand plan for national development: Peter Dutton says it is “completely unacceptable” that no arrests and visa cancellations have happened since the protests in Melbourne and Sydney on Sunday where some waved Hezbollah flags or portraits of slain terrorist leader Hassan Nasrallah. On both sides: Australia has suggested the world should set “a