Retired American generals Philip Breedlove and Ben Hodges have claimed that a tiny German force in Lithuania could defend the country against a large-scale Russian invasion, citing opaque “war games” conducted in Washington.
China’s Friday growth data was OK with Q3 GDP edging down to 4.6% yoy in Q3 from +4.7. For September, industrial production rose 5.4%, fixed asset investment 3.4% yoy in September and retail sales 3.2%, in part thanks to cash-for-clunkers stimmies. However, the headline data as usual disguised deep weakness. The GDP deflator roared back
I’m pleased to report that, in the final week of voting for the Victorian council elections, I’ve now finished my guide to the 33 most populous Victorian councils, as originally planned.
I had originally written guides for the 16 most populous but ran out of time to do any more. For the remaining 17 I’ve been able to do most of the work, but I had to skip the part of the process where I read through council minutes to be able to assess who is in power or in opposition on each council. I’d love comments from informed locals that can clarify that information.
By Bert Hetebry The preamble to the American Constitution opens with, “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.” But what is happiness? What would make you happy?…
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The II BRICS+ Fashion Summit took place in Moscow on October 3-5, 2024. Who attended, what are their expectations from BRICS and why is the summit such a huge cultural phenomenon?
The East with a love for fashion: the faces of the BRICS+Fashion Summit BY Ksenia Muratshina
BRICS plus the rest of the world
Last week, I reported a host of indicators showing how Victoria has transformed into an economic wasteland. These indicators included data from the Australian Securities & Investment Commission (ASIC) revealing that Victoria recorded the fewest businesses registered per 1,000 existing firms last financial year: As shown above, Victoria registered only 80.5 new businesses per 1,000 existing
Paris seeks UNESCO cultural heritage status for distinctive zinc rooftops
The French culture ministry wants to etch the unique zinc-plated rooftops of Paris and their workers in the UNESCO list of Intangible Cultural Heritage. Though iconic, the roofs are often criticised for their inadaptability to hot temperatures brought on by climate change.
The DXY face-ripper finally eased: AUD firmed: North Asia too: Gold bubble alert. Oil is caput: Commods did better: Miners stopped falling: EM yawn: Junk snooze: Yields stable: Stocks only go up: Markets are still long 19k contracts for AUD, opening the way for more falls into the US election: Goldman has more on why:
The post Australian dollar exceptionally awful appeared first on MacroBusiness.
https://consortiumnews.com/2024/10/20/watch-cn-live-brics-rising/
Vijay Prashad: A World Without Context
Providing an excess of information that comes without proper, democratic analysis and is almost entirely controlled by a small oligarchy is its own form of censorship. And it eliminates knowledge and wisdom.
A victory for Democratic nominee Kamala Harris could usher in a crackdown on freedom of speech in the US, tech billionaire Elon Musk has warned.
Speaking at a rally for Republican candidate Donald Trump in Pennsylvania on Saturday, the Tesla and X CEO was asked what kind of administration he would expect to see from Harris if she wins the November election.
Australians are experiencing the longest per capita recession on record, with six straight quarterly contractions and seven declines in the preceding eight quarters to Q2 2024. The OECD’s latest economic outlook downgraded Australia’s GDP growth forecast for the 2024 calendar year to only 1.1%, down from 1.5% in the previous edition published in May. The
We all know the gap between ALP and LNP on most things is pretty much non-existent but occasionally a gap opens up. Today that gap is the living standards of Australian workers. The failed Albanese government spent three years crawling to corporations via: out-of-control immigration to crush wages and evict workers into a homelessness crisis,
By James Moore “America never has been discovered. I myself would say that it had merely been detected.” – Oscar Wilde, The Picture of Dorian Gray. Very little in America is what it appears to be; especially in politics. The ether is filled with lies and misrepresentations and even those who make their living parsing…
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