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Your Democracy Saturday, June 14, 2025 - 10:11 Source

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MacroBusiness Saturday, June 14, 2025 - 08:32 Source

DXY breaking down during Middle East war is about as clear a signal as any that something big has changed. It still couldn’t save AUD. Lead boots march on. The new safe haven. Metals no bueno. Miners suck the big one. EM meh. Junk loves WWIII. Yields up with oil, instead down with safe haven.

The post Australian dollar shot down by Middle East missiles appeared first on MacroBusiness.

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Your Democracy Saturday, June 14, 2025 - 06:51 Source

 

Israel has risked a potentially devastating conflict with Iran that could engulf the region and undermine the world economy with an unprovoked attack on nuclear facilities and Iranian leaders on Thursday, reports Joe Lauria.

Israel has opened the gates of hell in the Middle East.

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Your Democracy Saturday, June 14, 2025 - 06:24 Source

She Won. They Didn't Just Change the Machines. They Rewired the Election.How Leonard Leo's 2021 sale of an electronics firm enabled tech giants to subvert the 2024 election.

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Your Democracy Saturday, June 14, 2025 - 05:45 Source

The commercial or mainstream press is a megaphone for the ruling class. It genuflects before establishment politicians, generals, intelligence chiefs, corporate heads and hired apologists who carried out the corporate coup d’état that created our system of inverted totalitarianism.

 

Journalists and Their Shadows (w/ Patrick Lawrence) | The Chris Hedges Report

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MacroBusiness Saturday, June 14, 2025 - 00:05 Source

International Reading: Trump to Dismantle FEMA After 2025: Let the States Handle It – Atlas News French drivers sue Tesla claiming Musk turned cars into ‘extreme-Right’ symbol: Tesla owners in France have filed a lawsuit against Elon Musk – IBC Canadian Boycott Of U.S. Travel Is Going Stronger Than Ever, New Data Says – Forbes

The post Weekend reading and media appearances appeared first on MacroBusiness.

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Renew Economy Friday, June 13, 2025 - 19:34 Source

Woodside Energy’s North West Shelf (NWS) gas project Western Australia

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Your Democracy Friday, June 13, 2025 - 17:53 Source

The US Defense department is reviewing the 2021 AUKUS submarine deal with the UK and Australia, the Financial Times reported earlier. The review is being led by Elbridge Colby, a senior defense official known for his past skepticism of the pact.

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MacroBusiness Friday, June 13, 2025 - 16:00 Source

The Israeli war on Iran has dominated the final session of the trading week here in Asia with all share markets finishing in the red, with a very small bid towards the USD for a safe haven bid, except gold. The Australian dollar was also finally pushed back below the 65 cent level in the

The post Macro Afternoon appeared first on MacroBusiness.

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John Quiggin Friday, June 13, 2025 - 13:37 Source

Hi everyone

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MacroBusiness Friday, June 13, 2025 - 13:13 Source

Australia’s cafe industry is on the verge of collapse. Over the past two decades, there has been an explosion in the number of cafes operating across Australia. IBIS World estimates that more than 27,000 cafes are operating in Australia, employing 139,000 people. Competition is intense, with multiple cafes often operating at the same locations. However,

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MacroBusiness Friday, June 13, 2025 - 12:30 Source

The Reserve Bank of New Zealand has cut the official cash rate by 2.25% to 3.25% over the past nine months. The rapid monetary easing was in response to a sharp decline in GDP and national income: New Zealand’s unemployment rate also shot up to 5.1% as of Q1 2025: The latest batch of data

The post Reserve Bank must stimulate sagging economy appeared first on MacroBusiness.

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