Threats of new economic restrictions against Russia are not only “dangerous” and counterproductive, but a sign of the severe incoherence plaguing the Trump administration, the world-renowned US economist and political commentator says.
Anti-Russia Sanctions Ultimatum Will Blow Up in US' Face: Jeffrey Sachs Explains Why
RT has a larger American audience than CNN, former US Director of National Intelligence James Clapper has claimed. Clapper was a key figure behind the Russiagate conspiracy theory, which included claims that RT helped influence the election of Donald Trump over Hillary Clinton in 2016.
The Q1 national accounts release from the Australian Bureau of Statistics (ABS) showed that real per capita GDP decreased by 0.2% over the quarter. This was the ninth fall in per capita GDP in eleven quarters. The chart below compares the present decrease in real per capita GDP to previous episodes stretching back to the
Republican Congresswoman Marjorie Taylor Greene has declared that the situation in Gaza amounts to a “genocide,” blasting the worsening humanitarian crisis and starvation in the enclave.
She also called on Hamas to release the remaining hostages captured during the Islamist group’s October 7 assault on Israel, which left around 1,200 people dead.
Asian share markets are generally weaker across the board as risk markets try to absorb the impact of the latest trade “deal” from the Trump regime while also anticipating some pretty big macro and economic releases in the coming session. Wall Street is the only light of hope for the bubble boys although we have
The post Macro Afternoon appeared first on MacroBusiness.
Via the always excellent Charlie McElligott at Nomura. From Left-Tail To Risk-Tail… 1). The “Trump Collar” helped to compress then collapse realized Volatility off the most extremely 100%ile levels April / May, as the market reconditioned to his reaction function (selling the call at the highs with emboldened tariff rhetoric, but long the put into
The post Do hedge now appeared first on MacroBusiness.
As we know, Australia’s East Coast already has a suite of secretly subsidised coal power stations in NSW, VIC and QLD to go alongside heavily subsidised renewables. The reason for this is that the “duck curve” of renewable energy, which makes power super cheap during the day, then expensive in the evening, does not work
The post Albo aims for energy trinity of doom appeared first on MacroBusiness.