For ten years, MB has demanded East Coast gas reservation, painstakingly describing why it is necessary no matter what side of politics or the renewable/nuclear divide you stand on. Throughout, we have watched in astonishment as the MSM failed to join these basic dots, either not discussing it or falling in behind party political lines,
The Chinese depression is proving to be a real barnstormer. When you can write your own GDP numbers, then why not? Quarterly GDP was 1.6% and annual 5.2%. For December, industrial production was cooking at 6.2% year on year. Fixed asset investment was solid 3.2%. And retail sales 3.7%. Hilariously, the GDP deflator scorched higher
It is amusing to watch, in the usual dark way, how China keeps promising to decarbonise steel while in actuality pumping ever more carbon. December data from the NBS showed steel output slowed into year end, with annual production falling 1.7% to 1.005bn tonnes. Down roughly 50mt from the peak. The slump would have been
Green across the board across both sides of the Atlantic on Friday night with Wall Street having its best week since the election in November as traders weigh up the lifting of the Trump Circus Tent come Monday morning. The USD had a late surge after pulling back against most of the undollars throughout the
Australia’s economy is on public sector life support. The overwhelming majority (87%) of jobs created over the past two years have been in the non-market (government-funded) sector. Much of this job growth has been related to the NDIS, which has driven explosive growth in the healthcare and social assistance sector. “When governments, as they often