Earlier this year, former Treasury economist Stephen Anthony encapsulated the Victorian government’s running of the state with the following remarks: “Victoria is on a suicide mission to record borrowing, just as global interest rates are about to hit 5%”. “Potholes can’t get filled, emergency departments can’t afford clean linen, primary schools can’t fix heaters”. “Things
Russian President Vladimir Putin was joking when he endorsed US Vice President Kamala Harris’ election campaign, Foreign Minister Sergey Lavrov has said. The outcome of the election doesn’t matter, Lavrov added, because Washington is controlled by the “deep state.”
The most recent QUAD summit concluded in the United States late last week, where the group's member states particularly focused on expanding mutual maritime security cooperation.
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.
In Germany's recent elections, a far-right, anti-immigration party claimed its first state victory since WWII.
The country has spent decades reckoning with its Nazi history, but far-right extremism and violent plots, particularly targeting Jews, Muslims, and immigrants, have been on the rise.
This environment has paved the way for the AfD (Alternative for Germany) party to gain political ground.
Whenever the issue of housing affordability is raised, politicians and industry representatives always propose reducing barriers to purchase via demand-side measures. For example, the Albanese government recently spruiked that its expanded Home Guarantee Scheme accounted for one in three new first-home buyer mortgages last financial year: Banks have also pushed for mortgage terms to be
By Denis Hay Description Explore the hidden influence of neoliberalism shaping our institutions. Learn about the impact on policy and the path to a fairer political system. Introduction Neoliberalism has deeply infiltrated Australia’s key institutions, shaping policies that prioritize market interests over public welfare. From economic agencies to healthcare and local government, this ideology has…
https://www.youtube.com/watch?v=u15U2GOPB1k
Oprah Winfrey's Ridiculous, Celebrity-Filled, Town Hall For Kamala Harris, with Maureen Callahan
The BRICS alliance has proposed setting up a new currency for trade among member countries as part of its de-dollarization strategy. Pending the August 2023 BRICS Summit, this initiative was speculated to be the principal topic of discussion. However, this proved to be wishful thinking. The possibility is still imminent, with Brazilian President Luiz Inacio Lula da Silva showing support for the BRICS currency last year.
Ukrainian leader Vladimir Zelensky has slammed former President Donald Trump’s running mate, J.D. Vance, as “too radical” in his views on ending Kiev’s conflict with Moscow.
Zelensky’s comments were published as he arrived in the US, where he is expected to attend the UN General Assembly in New York and meet with President Joe Biden at the White House.
Peter Purves Smith, ‘New York’ 1936, Art Gallery of NSW AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225
The post Macro Afternoon: 23 September 2024 appeared first on MacroBusiness.
Asian share markets were in a mixed mood today with the absence of Japanese shares due to a holiday coupled with some poor local domestic economic news mixed up with a rate cut by the PBOC keeping everyone on their toes. The USD remains under the pump following last week’s FOMC meeting while the Australian
The post Macro Afternoon appeared first on MacroBusiness.