Goldman cracking a joke about Chinese property. Going into the fifth year of the current downturn, we summarize our outlook for the China property industry in the following three points: 1) We are finally at an inflection point of the ongoing downward spiral in the housing market on the back of a comprehensive and coordinated
SHFE and SGX are stuck on a ledge: Mad Dalian likewise: There is no steel recovery coming, sorry. WorldSteel: Africa produced 1.9 Mt in September 2024, up 2.6% on September 2023. Asia and Oceania produced 105.3 Mt, down 5.0%. The EU (27) produced 10.5 Mt, up 0.3%. Europe, Other produced 3.6 Mt, up 4.1%. The
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Dozens of Palestinians were killed by Israeli forces in northern Gaza on Monday as Israel is intensifying its attacks on the area in an effort to forcibly displace hundreds of thousands of civilians as part of an ethnic cleansing plan.
Another listless night on risk markets with a no significant economic data to impact events with both European stocks and Wall Street largely unchanged while the USD continued to strengthen. Euro broke below the 1.08 level, while the USDJPY pair jumped through the 151 handle while the Australian dollar is trying to firm at the
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The West should seriously consider placing “conventional deterrence”assets, which could include long-range missile sytems, on Ukrainian soil once the hot phase of the conflict is over, French Defense Minister Sebastien Lecornu has said.
Behold the DXY express elevator: And AUD lift to hell: North Asia is no help: Gold and DXY do not move like this together. Either the world is about to end or the gold bubble is: Metals are fighting the king: Miners not so much: Nor EM: The junk siren just went off for risk:
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Joint Media Release: Public Health Association of Australia / Royal Australasian College of Physicians (RACP) / Australasian Society for Infectious Diseases (ASID) / Climate and Health Alliance (CAHA) Leading Australian health experts have joined together today to call for the Government to urgently commit funds to establish a permanent Australian Centre for Disease Control (Australian…
Six months before the 2022 federal election, Anthony Albanese waxed lyrical about how a Labor government would tackle housing affordability: Albanese said that “Australians who work-full time should be able to afford a house or cover the rent”. “20 years ago, the average home cost 4 times the average salary. Now it’s more than 7
Famed singer Lizzo has told Democrats that if Kamala Harris wins next month’s US election, “the whole country will be like Detroit.” Former President Donald Trump has made the exact same claim, albeit disparagingly.
Speaking at a campaign rally in Detroit on Saturday, Lizzo told the crowd that she is “proud to be from this city.”
I saw.
I saw the "world's most moral army" stage the death of its enemy like assassinating an avatar in a video game.
I have seen cohorts of voyeurs become accomplices through the eye of the killer drone.
I saw the embassy in France of "the only democracy in the Middle East" spreading the corpse trophy on social media.
Both Charles and Camilla are having their gilt edged fault lines exposed on their Australian tour. We should be thankful for Lidia Thorpe’s courage and outspokenness.
The housing industry and YIMBYs argue that Australia’s shortage of housing could be solved by rezoning our cities for greater densities, thereby allowing apartments to be built in the ‘missing middle’ of our cities. However, their simplistic claims ignore the fact that construction costs have soared by around 40% since the beginning of the pandemic: