DXY broke support on China shrinkulus: AUD is a China rocket: North Asia to the moon! Gold way overbought. Oil not out of the woods by a long shot: Metals have priced a new boom. Good luck with that: Mining melt-up: Arise EM! Junk is the tell for what it means for macro. Nuthin! Yields
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Oxfam Australia Media Release Oxfam is responding to the escalating crisis in Lebanon, providing essential support to the hundreds of thousands of people who have been forced to flee as Israeli airstrikes bombard their homes and communities. The influx of internally displaced people, primarily from southern Lebanon, will quickly create disastrous conditions for local communities,…
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Zelensky ‘greatest salesman in history’ – TrumpEvery time the Ukrainian leader comes to the US he walks away with $60 billion, according to the former president
ladimir Zelensky wants Kamala Harris to win the election “so badly,” former US President Donald Trump told a campaign rally in Pennsylvania on Tuesday.
Over the twelve years we’ve run this site, there have been many bad policy decisions, many stupid ideas, and an overwhelming number of greedy little men exploiting the nation. At various times, this has seemed threatening to the future of the country, even if it survived. However, nothing can match the harm that the East
The SMH’s Editorial warned that Sydney risks “becoming a city with no grandchildren, but also one with no aged care workers, police officers, shop assistants or rubbish collectors”, due to the city’s unaffordable housing. It notes that “there are 33 suburbs on the north shore, in the eastern suburbs and in the inner west with
The Israeli military carried out a series of airstrikes on Lebanon on Monday, reportedly killing over 500 people, including 50 children and 94 women. The strikes, which have been described as the deadliest since the 2006 Israeli-Hezbollah war, come amid the Jewish State’s expanding campaign against the Lebanese militant group.
Turkey’s interest in joining BRICS stems from several reasons, primarily rooted in its geopolitical ambitions. The country is frustrated with its stalled EU accession process, which has seen little progress over the past few decades. Moreover, Turkey seeks to diversify its alliances, reduce its reliance on the West, and strengthen ties with emerging powers like China, Russia, and India.
A history lesson is on order: In October 2000, Daniel Scotto, the most renowned utility analyst on Wall Street, suspended his ratings on all energy companies conducting business in California because of the possibility that the companies would not receive full and adequate compensation for the deferred energy accounts used as the basis for the California
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The Q2 national accounts and the latest labour force data showed that the public sector is powering the Australian economy, masking the deep private sector recession. Government spending hit a record-high share of GDP in Q2 after growing by 1.5% over the quarter: By contrast, the market sector declined by 0.6% over the quarter. Australian
David Littleproud was spruiking the idea that the excise on beer should be frozen… unlike those English bastards we like our beer cold so just using the words “frozen” and “beer” should have been a vote winner. However, it seems that this was just a thought bubble from the Nationals leader which had no support…
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Peter Dutton’s campaign to make Palestinian refugees into figures of fear mirrors the provocations to the recent UK Islamophobic riots. These were inspired by politicians such as Nigel Farage as much as by far-right influencers. Both examples are connected to Donald Trump’s debate amplification of the far-right American lie that Haitian immigrants are eating the…
Asian share markets are all reflecting their central bank positions today with local stocks slipping as the RBA held fire and looks like doing 2/5ths of you know what for the next 12 months, while the PBOC indicated a raft of rate cut measures which saw Chinese markets soar higher. Japanese shares returned from their
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