Australians are about to be jilted. There is a very widespread disenchantment and disillusionment with politics, the media, any given person being reported on or even doing the reporting, and a pervasive sense of ‘this country is increasingly stuffed’ on the streets. The issues at the core of that are issues which both mainstream sides
Polls have just opened on the east coast in today’s federal election.
I won’t be posting today, but you can discuss the election here.
I’ll put up another open thread at 6pm. I won’t be liveblogging tonight – I’ll be helping with the ABC’s election coverage. But I’ll be back on Sunday with some written analysis and a podcast.
We live in troubling times, globally and regionally, with not the least of our troubles being the current occupant of the White House.
Treasury chief Bessent says President Trump handed Zelensky "a royal flush" with the US-Ukraine mineral deal which he can use in negotiations with Russia, signalling that there's "no daylight between the Ukrainian people, the American people, between our goals." There's just one problem, experts say: the entire deal looks like a propaganda stunt.
Germany's spy agency BfV has labeled the entirety of the far-right Alternative for Germany (AfD) party as an extremist entity.
International Reading: McDonald’s suffers worst U.S. sales decline since 2020, warns of ‘anti-American sentiment’ abroad – NBC McDonald’s Store Traffic Falls Unexpectedly As Diners Grow Uneasy About Economy – Huff Post Tim Cook says Trump tariffs could cost Apple more than $900M in June quarter – The Hill Trump’s tariffs: ‘It feels like Covid 2.0.
https://www.youtube.com/watch?v=Z2eYVI3M6lA
Trump threatens China again: "STOP BUYING IRAN OIL!"
President Trump has made another idiotic move, announcing on Truth Social that anyone who buys oil from Iran will be banned from "doing business" with the U.S. "in any way, shape, or form."
The Trump administration is prepared to dedicate another 100 days to mediating a peace deal between Russia and Ukraine, US Vice President J.D. Vance told Fox News in an interview published on Wednesday. He said the US has made progress by getting both sides to present their ideas for resolving the conflict.
Risk markets are having a solid finish to the trading week while recent news that the Chinese may actually be open to talking about tariffs with the US, plus the Canadian auto industry seemingly getting another exemption on parts, with futures indicating an even better start in Europe. All eyes will be on the latest
The post Macro Afternoon appeared first on MacroBusiness.
I recently attended a forum on Climate and Economics in my local area with some very interesting topics discussed, ranging from the LNP’s nuclear power ideas to the dangers of not meeting Net Zero by 2050 and, of course, the upcoming Federal Election. Here are some snippets from the forum. The full transcript and audio
