German Chancellor Olaf Scholz criticized U.S. President Donald Trump's proposal to tie military aid for Ukraine to access to the country's rare earth resources, calling it "very selfish and self-centered," Spiegel reported on Feb. 4.
The SMH’s Matt Wade published an article claiming that Sydney will remain Australia’s largest city for at least another decade. This is based on the Centre for Population’s latest forecasts, which predict that Sydney’s population will be 6.5 million by 2034-35, versus Melbourne’s 6.4 million. “At the turn of the 21st century, Greater Sydney’s population
There will be no such thing because such innovative graft is beyond any Australian politician. Instead, there will be Albohouse. Prime Minister Anthony Albanese has succeeded in renting out his $4.3 million clifftop home on the NSW Central Coast after lowering the price, likely bringing in thousands a month for the four-bedroom property. The latest
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The Market Ear with more. MEGA Coming into Tariff Monday, Europe was experiencing its second-best start to the year and SXXP hit an ATH – of course, skeptics will highlight that this is against a low bar, and the outperformance is mostly valuation-driven (as opposed to earnings-inspired). However, 21 of 25 EU sectors have outperformed
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There are two key reasons why the federal government loves running a high immigration program. First, immigration stimulates the aggregate economy, as measured by GDP. Running a high immigration policy allows the government to claim that it is an effective economic manager, even when per capita GDP growth is negative (as it is right now)
There’s no reason to stop it. Inflation is tumbling. Inflation expectations re-anchored. Wage growth is smashed. The recent consumer bounce is fragile and related to lifting expectations of easing. It is also still meaningfully below the RBA forecast. Goldman has more. We also upgrade our tracking estimate for GDP growth in 4Q2024 by 10bps to
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Ukrainian leader Vladimir Zelensky has expressed readiness to negotiate with Russian President Vladimir Putin if it is the only option to bring the Ukraine conflict to its end.
He made the remarks during an interview with British journalist Piers Morgan, with excerpts published on Tuesday. When asked if he was prepared to meet with the Russian president, Zelensky indicated his willingness to do so.
You know an election is coming up when Labor-leaning economist Stephen Koukoulas (‘The Kouk’) writes a propaganda piece in the Labor-leaning Independent Australia, claiming, “The miraculous Australian economy is the envy of the world”. Kouk claims, “The economy is kicking off 2025 in a fabulous spot structurally, even though the cyclical impact of high interest
It is happening in real-time in front of our faces. Emergency alerts about a shortage of electricity reserves hit an all-time record for a last quarter of the year in 2024, new data has revealed, as NSW’s two largest coal power stations suffered a spate of debilitating faults. The Australian Energy Market Operator issued 144
One has to ask why the Coalition seems to endorse the laundering of ‘dirty’ money into Australian property. Last year, the Coalition opposed legislation that included real estate agents, lawyers, and accountants in Australia’s anti-money laundering and terror financing regulatory net. These global “Tranche 2” anti-money laundering (AML) rules were first promised by the former