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Renew Economy Friday, July 26, 2024 - 11:55 Source
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MacroBusiness Friday, July 26, 2024 - 11:30 Source

The Australian Bureau of Statistics (ABS) reported that Melbourne’s population increased by 1.7 million people (49%) between 2001 and 2023, primarily due to net overseas migration. The Victorian government predicts that Melbourne’s population will reach 9.0 million by 2056. If this objection came true, Melbourne’s population would have increased by 5.5 million in just 55

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MacroBusiness Friday, July 26, 2024 - 11:00 Source

Earlier this year, the Australian Population Research Institute (Tapri) released a comprehensive poll demonstrating that Australian voters strongly oppose excessive immigration and a Big Australia. Tapri’s December 2023 national survey of 3000 voters (released in April 2024) reveals a sizable and expanding voting base concerned about immigration levels. 74% of respondents desired lower net overseas

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MacroBusiness Friday, July 26, 2024 - 10:40 Source

The US is powering along despite a similar wind drought to the recent Australian experience. Why? Gas. U.S. natural gas-fired power generation jumped this week amid the lowest wind power output in 33 months seen on Monday while demand for cooling is rising in the summer. The US coal-to-gas switching strategy, which has converted rather

The post AI burns energy superidiot appeared first on MacroBusiness.

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Your Democracy Friday, July 26, 2024 - 10:38 Source

Kenya’s Leadership has bred Poverty since 1963, and is reaping Riots

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Your Democracy Friday, July 26, 2024 - 10:20 Source

The United States of America, my beloved homeland, has been taken over by an elite mafia capable of anything and everything. I do not think many of my countrymen would disagree, given the events of the past couple of decades. Today, it seems as if killing has become the key to our leadership’s domestic and foreign policy. 

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MacroBusiness Friday, July 26, 2024 - 10:20 Source

Melbourne is becoming an economic wasteland. According to data from the Australian Bureau of Statistics (ABS), Victoria experienced a net reduction of 7,606 businesses during the financial year 2022-23. The rising cost of doing business in Victoria drove numerous companies to migrate interstate or internationally, with increased state taxes being one of the primary factors

The post Melbourne is an economic wasteland appeared first on MacroBusiness.

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MacroBusiness Friday, July 26, 2024 - 10:00 Source

Goldman wraps yesterday’s rate cut. The PBOC cut the 1-year MLF rate by 20bp with RMB 200bn liquidity injections this morning (July 25th). In our view, this move is a dovish surprise due to the unusual timing of the MLF loan extension (typically on the 15th of each month) and a larger-than-expected rate cut (vs.

The post China’s bond unbubble appeared first on MacroBusiness.

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Your Democracy Friday, July 26, 2024 - 09:33 Source

DEALDEAL

According to comments reported by Chinese diplomacy, Ukrainian Foreign Minister Dmytro Kouleba declared during his meeting with Wang Yi that kyiv was ready to negotiate with Moscow, adding to demand “sensible and substantial” negotiations. For its part, Ukraine says it is ready to involve Moscow “at a certain stage”.

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