George Beebe, long-time head of Russia analysis at the CIA, a 27-year veteran of the agency and now the current head of Grand Strategy at the Quincy Institute in Washington, is just the kind of American the world needs right now. Understated, immensely knowledgeable and decent, he understands the Russo-Ukraine war in its widest sense and says three options remain open, only one that does not risk disaster for us all.
SHFE has not yet given up hope: Dalian was not so lucky: The steel PMI improved some: This is related to a pre-stimulus pick-up in infrastructure seen in cement demand: I can’t find any reasons to be bullish. Perhaps seasonality will be enough to hold prices into the New Year. Meanwhile, more supply is coming:
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'Two Genocidaires v. the World': US, Israel Oppose Lifting Cuba Blockade"The world has spoken—it's time for the U.S. to listen and lift the blockade."
A rough night for stock markets on both sides of the Atlantic with tech stocks leading the charge down with Wall Street falling more than 2% across the board on earnings scares, not Halloween or other clowns riding around in garbage trucks. Tonight’s US non-farm payrolls employment print will now prove quite volatile as other
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Why is EU’s rotating presidency praising a country that flipped off the bloc?Hungary’s Viktor Orban has congratulated Georgia on an election that saw the pro-Western party lose
BY Rachel Marsden
Hungarian Prime Minister Viktor Orban took a break this week from annoying the EU establishment at home to annoy it abroad.
DXY is suddenly struggling as election doubts surge: Respite for AUD: North Asia got the memo: Is gold an equity now? The Crap Complex buckled. Dirt down: Miners down: EM down: Junk down: The yield curve is flattening out. Enough damage done in the sell off? Stocks think so: It’s not easy to distinguish the
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An investigation from the Australian Financial Review’s Michael Read showed that the proportion of taxpayers declaring rental income has fallen over the last decade: As shown above, the share of investors more than quadrupled from 5% of taxpayers in 1980 to a peak of 21% by 2014. It has since fallen to around 19%. The
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I was surprised to open the mail box and find a postcard from my daughter the other day. She’s travelling at the moment but it never occurred to me that she would do something so antique as sending hard copy. I’m glad she did though. I quite liked it.
It has been well documented that Australians are experiencing the longest recession on record following six consecutive quarterly declines in per capita gross domestic product. The household sector has driven this decline in per capita GDP. As of Q2 2024, real per capita household consumption had fallen by 2.4% from its peak. Even worse, real
Cameron Murray’s The Great Housing Hijack is self-recommending. You certainly don’t need a review of any sort to tell you to go read it if you have any interest in the peculiar case of the housing market. Nevertheless, here I supply my own review of sorts and extrapolate on what I consider a couple of Murray’s core points.
The Great Housing Hijack in Miniature
The release of an LGBTQ-themed poppy badge has triggered a heated debate in the UK ahead of Remembrance Day.
In the lead-up to the memorial day on November 11, which honors armed forces members who have died in combat, the Royal British Legion (RBL) has listed a poppy brooch with a pride flag attached to it as part of its annual fundraising campaign, the Poppy Appeal.