Prime Minister François Bayrou sparked outrage from the opposition, and indignation from his allies, when he referred to a feeling of being “flooded” by immigration taking root in France. The prime minister was accused of citing the "Great Replacement" conspiracy theory that has fuelled the far right for decades.
For the second year running, lies have emerged as the primary risk facing humanity, in the Global Risks Survey 2024-25 conducted by the World Economic Forum of 900 experts worldwide.
German Chancellor Olaf Scholz has called US billionaire's Elon Musk backing of a rival party in the country’s upcoming election “disgusting.”
The SpaceX and Tesla founder has endorsed the right-wing Alternative for Germany (AfD) ahead of next month’s parliamentary vote. Appearing via video link at the party’s rally over the weekend, Musk urged Germans to reject the notion of generational guilt.
KPMG Australia is upbeat about the outlook for the housing market in 2025, spurred on by expected interest rate cuts. The firm expects house prices in Sydney to rise by 3.3% this year, followed by 7.8% growth in 2026. Prices in Melbourne are forecast to rise by 3.5% in 2025 and 6% in the following
The post Aussie house prices tipped to soar after rate cuts appeared first on MacroBusiness.
The Ukraine conflict could end in two months of Kiev is deprived of the money and ammunition it depends on to continue fighting, Russian President Vladimir Putin has said.
Speaking to reporter Pavel Zarubin on Tuesday, Putin was asked about the possibility of a negotiated end to the Russia-Ukraine conflict.
President of Poland Andrzej Duda said that gas flows from Russia to Western Europe should never be restored, even if Russia and Ukraine reach a peace agreement.
Source: Duda in an interview with BBC; European Pravda reports
When dreaming up a name for a bold new research hub, the team at the University of Auckland Business School took on a semantic minefield. “We knew when we called our centre Dialogues on Inclusive Capitalism that the word ‘inclusive’ would upset half the world, and ‘capitalism’ would upset the other half,” says Professor Susan Watson, dean of the Business School and interim head of the centre.
Swan Bay, first light AUD/USD EUR/USD USD/JPY GBP/USD Gold West Texas Intermediate Brent Australia 200 US S&P 500 UK 100 Japan 225
The post Macro Afternoon: 29 January 2025 appeared first on MacroBusiness.
