Republican Senator Lindsey Graham of South Carolina, one of the lead sponsors of the sanctions bill, stated earlier that the legislation would impose "bone-breaking sanctions" on Russia and its customers.
Actions have causes. That is a fundamental point of philosophy, of life, of reality, of an understanding of the way the world is. Russia’s actions in Ukraine have causes which necessitated those actions. Unbiased observers know what those causes are and why Russia’s special military operation was a necessary consequence.
Fascism: Our Common Enemy
The Pentagon plans to spend nearly $40 billion from the US budget to strengthen the US military presence in the Asia-Pacific region by expanding its military and technical base.
How to Lose Geopolitical Influence in Asia and Sell It as a US National Security Strategy
Rebecca Chan
Mark Litwin, Head of Investment Sales (NSW) at Knight Frank, penned a report on Sydney’s housing market fundamentals, which are underpinned by “persistent undersupply”. Sydney’s most powerful tailwind remains its chronic housing shortage. Population growth—fuelled by the return of overseas migration—has outpaced dwelling completions for much of the past decade. Detached housing in established suburbs
As the Navy embarks on the ambitious AUKUS program, the Auditor-General has handed Defence a ‘C minus’ on the Canberra Class ship-building program. Rex Patrick reports.
Ever since the Navy took possession of the two Canberra-class landing Ships at a cost of $1.5B each, they’ve been mired in controversy about reliability.
Ethics is basically a learned habit of behavior. — Aristotle.
Virtue is its own reward. — Plato.
Plato: Welcome, Aristotle! It’s been a while since I have seen you at the Academy.
Aristotle: And it is good to see you as well my teacher. And how have things been?
DXY held Friday night, but EUR is a runaway locomotive. AUD fell and is eating European dust. Lead boots were made for climbing. Gold is in a spot of bother; improving geopolitics outweighs a falling DXY. Metals reflation is go. Another chance to short the world’s greatest bear market. EM meh. Junk stalled. As yields
The post Australian dollar the new Euro trash appeared first on MacroBusiness.
Senate Republicans are racing to pass a budget bill that is pivotal to President Donald Trump's second-term agenda ahead of a self-imposed 4 July deadline.
Party leadership have been twisting arms for an initial vote on the "Big Beautiful Bill" on Saturday, following the release of its latest version - all 940 pages - shortly after midnight.
A new “water economics” needed to safeguard supplies of domestic water and make it a common good. Australia’s fossil fuels make it a rich “Climate Wrecker”. Carbon capture technologies fail to deliver.
Four senior executives at Palantir, Meta, and OpenAI have been formally appointed lieutenant colonels in the US Army following the creation of a “special” unit created for rich Big Tech mavens seeking military leadership roles.
US Army appoints Palantir, Meta, OpenAI execs as Lt. Colonels
By Lucinda Jerogin, Associate Economist at CBA Australian CPI inflation surprised to the downside at 2.1%/yr in May 2025. The policy relevant trimmed mean measure eased to 2.4%/yr. As a result,we brought forward our expected timing of the next RBA rate cut to July. News offshore was dominated by geopolitical events as hostilities between Israel
The post The economic week ahead appeared first on MacroBusiness.
Today we have the auction results for the two biggest markets Sydney and Melbourne, but using a bit of a different approach. When Domain, Corelogic or any number of other property data sources produce their preliminary auction results on a Saturday evening, it perhaps isn’t based on what one would think at first glance. Instead