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MacroBusiness Saturday, September 21, 2024 - 00:01 Source

International Reads: House Republicans reject their own funding bill with a shutdown around the corner – Forbes Andrew Cuomo personally altered COVID nursing-home death report that lowballed fatalities, emails show – NY Post People underestimate the income of the top 1%, researchers find – Phys Ford’s CEO and CFO took a drive in a Chinese

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The Australian Independent Media Network Friday, September 20, 2024 - 20:54 Source

By Bert Hetebry  China seems to be a threat to world peace if we look at the geopolitics being played to in the Pacific region. There are two main players and Australia is being swept up in the battle for regional supremacy. But to gain a bit of understanding, to look behind the fear and…

The post Why is China seen as a threat? appeared first on The AIM Network.

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MacroBusiness Friday, September 20, 2024 - 17:26 Source

‘Winter Morning near Heidelberg’ Louis Buvelot, 1866, NGV     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: 20 September 2024 appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, September 20, 2024 - 16:43 Source

By Denis Hay Why Does Labor Seek Support from the Disgraced LNP to Pass Legislation? Description Analysing why Labor seeks LNP support and bypasses Greens, passing laws affecting Australia’s political landscape and using public money. Introduction: The Puzzle of Labor’s Legislative Strategy Labor’s collaboration with the LNP for passing legislation has raised questions about its…

The post Why Labor Seeks LNP Support for Legislation appeared first on The AIM Network.

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MacroBusiness Friday, September 20, 2024 - 14:00 Source

The Real Estate Institute of New Zealand’s (REINZ) House Price Index (HPI) reported a 16.7% decline nationally from the market peak reached in 2021. This has taken real inflation-adjusted house prices back to their pre-pandemic level at the start of 2020: Independent economist Tony Alexander has released a report arguing that “the pace with which

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MacroBusiness Friday, September 20, 2024 - 13:30 Source

Sales by floor area are terrible: Much worse than worst cases: Inventory stuck fast: And completions peeling towards next year’s cliff: No rescue coming from here for commosities.

The post Chinese property Titanic disappears below the waves appeared first on MacroBusiness.

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MacroBusiness Friday, September 20, 2024 - 13:00 Source

Perth house prices are booming, with values increasing by 23% in the year to August to be up 76% since the beginning of the pandemic in March 2020: Despite the surge in values, Perth’s housing market remains relatively affordable, with median dwelling values tracking $110,000 below the national capital city average in August: Perth has

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MacroBusiness Friday, September 20, 2024 - 12:30 Source

MB has studiously avoided taking any position on the Israel War. It’s simply not relevant to the Australian national interest. The MSM has sort of divided down partisan lines without much enthusiasm. Why, then, has the MSM taken to broadcasting video of Israeli terror attacks on Hezbollah and Gazans via pagers and walkie-talkies? Are videos

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MacroBusiness Friday, September 20, 2024 - 12:00 Source

The fake left might be the single most evil entity since WWII. For years, I have tried to make the fake left see reason on gas. We need it for the energy transition. But we don’t need it from a monopoly cartel that drives electricity prices mad. The worst offender on this front is Melbourne

The post Melbourne Univerity is a gaswhore appeared first on MacroBusiness.

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