Friday night’s US non-farm payrolls aka unemployment print was bad but good for stock markets as Wall Street rebounded while the latest election shenanigans were bad but good as well? This week will be dominated by the US elections, starting Tuesday amid another slew of earnings releases. The USD pushed back against the mid week
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Australian capital city home values have risen for 18 months after recording a 0.2% increase in October, the smallest monthly gain since home prices started rising in February 2023. Momentum is slowing as sales volumes fall, advertised stock levels lift, auction clearance rates soften, and affordability constraints bite. The slowdown in momentum is being driven
Just 15 years ago, Chinese consumers were flocking to Western brands. Now they prefer Chinese ones.
The fate of the Starbucks Group is telling: Sales and profits in its current 7,300 stores in China are declining. The Chinese are not drinking less coffee, but prefer Chinese brands, partly because they offer more for less money.
The Australian Bureau of Statistics (ABS) published its final monthly housing finance release on Friday, which will move to a quarterly series, with the next one due in February 2025. In September, the total value of housing lending fell by 0.3%, the first monthly fall since March 2024. The value of owner-occupier loans rose by
Yeltsin grinned while Clinton cried.
The Russian president had just blurted out his unfiltered reaction to American news reporting.
It was October, 1995. Clinton and Yeltsin had just spoken at the United Nations 50th anniversary meeting.
The next day the two presidents got together at Hyde Park, New York for a bilateral meeting followed by a press conference.
Browsing through the new releases at a local bookshop I found a new book by Robert Fisk. I was most surprised since he died in 2020, so I leafed through it and yes, it is definitely a Robert Fisk book; Night of Power: The betrayal of the Middle East. It covers the Middle East and…
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British King ‘making millions’ from secret property empire – The TimesThe royal family earned nearly $65 million last year alone, including rent received from the army, NHS and schools, a media investigation has found
Das Europaparlament attackiert eine UN-Resolution, die Chinas UN-Mitgliedschaft regelt. Ziel ist die Aufnahme Taiwans in UN-Organisationen. Damit attackiert das Europaparlament zugleich eine rote Linie Beijings.
masterminds against China
The Australian economy is stuck in the longest per capita recession on record following six straight quarterly declines. The household sector, which has seen a sharp decline in per capita consumption, has driven the decline in per capita GDP. On Friday, the Australian Bureau of Statistics (ABS) released its monthly household spending indicator (MHSI), which
By James Moore My mother almost died from an abortion. There were already six children in our little 830 square foot house, and a seventh one was not acceptable to my father. Joyce, who I called Ma for all her days, had earlier decided to take control of her life away from, James, my violent…
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By Denis Hay Description Discover the kindness revolution: How Indigenous wisdom on kindness and connection can guide Australia toward a fairer, more compassionate society. Note: This article has been inspired by comments made and discussions with one of my Facebook members, Stephen Tardrew. Introduction: A New Path Beyond Blame Australia is at a crossroads. The…
If you want to read an excellent example of schizophrenia, take time and read the NY Times piece published on Friday — As Russia Advances, U.S. Fears Ukraine Has Entered a Grim Phase. It is a mixture of truth and lies. The following passage is emblematic:
