Stock markets failed to advance further overnight as the USD rebounded in the absence of any great news save for the Israeli invasion of Lebanon and the reaction to the latest PBOC stimulus. Wall Street failed to put in another record high, while European stocks fell back slightly. The USD advanced against all the majors
The post Macro Morning appeared first on MacroBusiness.
In a dramatic turn of events, NATO's once-solid support for Ukraine is showing cracks as key member states like Hungary, Poland, and Germany reconsider their military aid.
Hungarian Foreign Minister Peter Szijjarto's meeting with Russia’s Sergey Lavrov at the UNGA highlights the growing divide within NATO, while Poland and Germany signal a reduction in assistance to Ukraine.
UNSW Sydney Media Release Research led by UNSW Sydney sustainability scientists challenges the basis of leaving major socioeconomic and environmental decisions to the market. Our current economic system is based on poor science and should not be used to guide government decision-making when faced with threats to existence like climate change. That’s the conclusion of…
The Coalition recently proposed legislation to require firms in specific industries to divest assets if they are deemed to have abused their market power. The divestiture powers will especially target supermarket and hardware companies with yearly revenue of more than $5 billion, including Coles, Woolworths, and Bunnings. On Tuesday, Prime Minister Anthony Albanese announced a
“Not business-as-usual:” Network mulls sun tax and “solar soaks” to cope with EVs and electric homes
Analysis by Money.com.au shows that first home buyers need to save nearly double the deposit to purchase an average Australia compared to 12 years ago: “Since the ABS began measuring dwelling values in Australia, the average property price has surged by 99% — from $489,900 in 2012 to $973,300 in 2024”, notes Money.com.au. “Back in
Last weekend, after Donald Trump posted “I HATE TAYLOR SWIFT!” on Truth Social, my first thought was: “Who is Taylor Swift?”
On the eve on the UN International Day of Peace, I searched ministerial websites for media statements that might reflect the Australian Government’s commitment to this year’s theme “Building a Culture of Peace” but I found no indication that the Albanese Government has a vision of its role as a middle power working to support international law and prevent the ravages of militarism.
The bodies meant to protect us from floods are unaccountable, self-serving and feudal in character. No wonder they keep failing.
By George Monbiot, published in the Guardian 18th September 2024
Labour’s first stage of government resembles a vast forensic excavation. As it works through the Conservatives’ midden of horrors, it discovers an ever greater legacy of underinvestment, neglect and corruption. However disappointing the new government’s compromises might be, we shouldn’t forget how overwhelming this task must feel.
The bells are tolling for the demise of the university classroom – at least its physical manifestation. Administrative barbarians are readying their knives and brandishing their drivel-fed visions about pedagogy, a word they scant define, let alone spell. They find it unseemly that an academic could turn up, in person, to teach students who, likewise,…
The post The Campus Life Killers: Ending Face-to-Face Lectures appeared first on The AIM Network.
By now, we all know how the gas cartel has trashed Australian economic management (even though you won’t read about it anywhere else): …Inflation fell to a three-year low last month as millions of households received $75 electricity bill rebates from the federal government, but prices for other goods and services continued to increase quickly,