Blogotariat

Oz Blog News Commentary
MacroBusiness Monday, August 1, 2022 - 10:00 Source

Here it comes: Anthony Albanese has set up a showdown with LNG companies after the consumer watchdog warned that gas exporters were putting jobs and businesses at risk from massive price hikes and ­record east coast shortages next year. In a damning Australian Competition & Consumer Commission report released on Monday, cashed-up LNG exporters have

The post Albo bashes gas cartel appeared first on MacroBusiness.

Read more Views: 39
xkcd.com Monday, August 1, 2022 - 10:00 Source

"My parents were both omnitaurs, which is how I got interested in recombination," said the normal human.

Read more Views: 16
Your Democracy Monday, August 1, 2022 - 09:52 Source

Russia and the EU’s messy energy divorce places both sides in a race against time

For half a century, both sides have benefited from close cooperation, but that era is drawing to a close

By Fyodor Lukyanov, the editor-in-chief of Russia in Global Affairs, chairman of the Presidium of the Council on Foreign and Defense Policy, and research director of the Valdai International Discussion Club.

Read more Views: 40
MacroBusiness Monday, August 1, 2022 - 09:40 Source

The ferrous complex was mixed on July 29: Once again, a mad night bid drove the price action in Dalian futures. I contend that this is Wall St speculators. There is not much reason to buy so furiously on the ground. MySteel indexes continue the roughly sideways pattern for demand and crash for supply: Iron

The post Daily iron ore price update (overnight frenzy) appeared first on MacroBusiness.

Read more Views: 32
MacroBusiness Monday, August 1, 2022 - 09:30 Source

Risk sentiment remains quiet upbeat as share markets continue to ignore inflationary spikes and poor economic data with the latest US personal income and consumer sentiment results intially pushing USD higher before retracing later. Currency markets are still pushing for a weaker USD although the Euro remains in an holding pattern with the Australian dollar

The post Macro Morning appeared first on MacroBusiness.

Read more Views: 31
The Australian Independent Media Network Monday, August 1, 2022 - 09:29 Source

Regrettably there has been some disingenuous commentary today in the media emanating from the mouths of some members of the Federal opposition about the proposed referendum to amend the constitution, so that there is an Aboriginal and Torres Strait Islander Voice to Parliament (the Voice) enshrined within the Commonwealth Constitution. It is disingenuous commentary because…

The post The Voice appeared first on The AIM Network.

Read more Views: 25
Cheeseburger Gothic Monday, August 1, 2022 - 09:25 Source

Congrats to Jason for the launch of his latest splodey/thinky sci-fi mash up. It’s the story of a 21st century combat vet who survives long enough to make it into the era of consciousness transfer and space colonisation. Our of his tired old broken down wrinkly carcass and into a nice new virtual rig to head out to the stars. What could possibly go wrong?

It’s a great Golden Age pastiche of some of my fave SF tropes. Even the cover art, by Jason’s daughter, is early 1950s Amazing Stories adjacent.

Read more Views: 28
MacroBusiness Monday, August 1, 2022 - 09:20 Source

It looks like we may have found a bottom in the Chinese property bust. Exhibit A is sales have stopped falling: However, Exhibit B, developer spreads, tells us why there is little to cheer about. I can’t see much of a rebound coming. It is a structural drop as developers are shaken out. Nor is

The post Chinese property bust finds a bottom, but… appeared first on MacroBusiness.

Read more Views: 26
MacroBusiness Monday, August 1, 2022 - 09:00 Source

Finally, after ten years of making the problem worse, the ACCC has been fully macrobated on the gas cartel: it is a gas cartel that threatens national energy security it makes money at $5Gj the local shortfall will get much worse it is destroying manufacturing and driving a power shock we need much stronger domestic

The post ACCC condemns gas cartel appeared first on MacroBusiness.

Read more Views: 28
Renew Economy Monday, August 1, 2022 - 08:54 Source

genex kidston pumped hydro storage solar queensland - optimised

Read more Views: 34
MacroBusiness Monday, August 1, 2022 - 08:30 Source

Via AIG: Much worse to come. Full report.

The post Aussie PMI fades appeared first on MacroBusiness.

Read more Views: 19
Renew Economy Monday, August 1, 2022 - 07:52 Source

Read more Views: 31
Your Democracy Monday, August 1, 2022 - 07:17 Source

MOSCOW (Sputnik) - British Foreign Secretary Liz Truss does not intend to authorize a second referendum on Scottish independence if she is elected UK prime minister, she told The Telegraph.

"Scottish Nationalists accepted that their referendum was a once in a generation opportunity, and I will hold them to that," Truss said on Saturday, adding "I will work to strengthen our whole Union."

 

Read more Views: 32
MacroBusiness Monday, August 1, 2022 - 00:05 Source

DXY is down, down: But, the AUD squeeze has also hit trouble: Markets are still moderately short AUD: Oil and gold are gesturing at reflation: And metals: Plus miners: EM stocks not so much: But junk is ripping: As Treasuries rally hard: Sending stocks barmy: Friday evening printed two nasty inflation outcomes. Europe is still

The post Australian dollar short squeeze flames out appeared first on MacroBusiness.

Read more Views: 62
MacroBusiness Monday, August 1, 2022 - 00:05 Source

CoreLogic has released its full dwelling value results for July, which shows that values nationally fell by 1.3%, with price falls recorded across five capital cities and the combined regions: As already documented, Sydney and Melbourne led the price falls on both a monthly and quarterly basis. In fact, Sydney’s price decline is the sharpest

The post Aussie rents boom as house prices bust appeared first on MacroBusiness.

Read more Views: 38
MacroBusiness Monday, August 1, 2022 - 00:01 Source

Global Macro / Markets / Investing: ‘Soon it will be unrecognisable’: total climate meltdown cannot be stopped, says expert – The Guardian Outrageous: Exxon Mobil, Chevron, Shell and TotalEnergies produced a combined profit of $51 billion – Reuters $2,245.62 a second: ExxonMobil scores enormous profit on record gas prices – CNN Manufacturers use ‘shrinkflation’ to

The post Links 1 August 2022 appeared first on MacroBusiness.

Read more Views: 66
Your Democracy Sunday, July 31, 2022 - 12:26 Source

A common response from Western nations to the Ukraine war is one of “support for Ukraine” or “standing with Ukraine” as it suffers ongoing attack from Russia.

Read more Views: 84
The Australian Independent Media Network Sunday, July 31, 2022 - 11:45 Source

They really do want to kill him. Perhaps it is high time that his detractors and sceptics, proven wrong essentially from the outset, admit that the US imperium, along with its client states, is willing to see Julian Assange perish in prison. The locality and venue, for the purposes of this exercise, are not relevant.…

The post Penal Assassination: The Gradual Effort to Kill Assange appeared first on The AIM Network.

Read more Views: 63
MacroBusiness Sunday, July 31, 2022 - 10:35 Source

CoreLogic has released its daily dwelling value results for July, which track price changes across Australia’s five major capital cities. At the 5-city aggregate level, dwelling values fell by 1.44% in July, which was is biggest monthly price decline since January 1983: The collapse in prices was driven by Sydney (-2.2%) and Melbourne (-1.5%), with

The post It’s official: Australian house prices are collapsing appeared first on MacroBusiness.

Read more Views: 68
Your Democracy Sunday, July 31, 2022 - 06:54 Source

Read more Views: 78
New Politics Sunday, July 31, 2022 - 00:54 Source

Read more Views: 89
Your Democracy Saturday, July 30, 2022 - 19:35 Source

One of the GODFATHER’s most dramatic episodes is the ‘Day of the Long Knives.’  Michael executes a plan to liquidate all of the Corleone family’s enemies. Everybody from Barzini and Tattaglia to Moe Green and Carlo is eliminated in orchestrated acts of ruthless violence. The Corleone family then bestrode the criminal world – in unchallenged command. 

Read more Views: 83
Renew Economy Saturday, July 30, 2022 - 17:38 Source

Read more Views: 83
The Australian Independent Media Network Saturday, July 30, 2022 - 15:14 Source

By Denis Bright   Australians are still waiting for a real response from the Shadow Treasurer Angus Taylor to Jim Chalmers’s economic statement. Angus Taylor’s media site released a political statement on the forthcoming economic statement on the day prior to the delivery of Dr Jim Chalmer’s economic statement: “The former Coalition Government left Labor with…

Read more Views: 63
THE BLOT REPORT Saturday, July 30, 2022 - 15:05 Source

Former PM Scott Morrison’s chief ally in the Coalition, Alex Hawke posted the following on Facebook:

“From day one the Albanese Labor Government has launched a major culture war to remove the Lords Prayer from being read in our parliament. For over 120 years a prayer has started every single day of Australia’s parliament. Given we are a majority Christian country and that ,regardless [sic] of your beliefs, our culture has been seasoned by christian values such as helping others, compassion to the vulnerable and fairness, how will Albanese and Labor removing these values from our Parliament make us stronger?”1

Read more Views: 89
MacroBusiness Saturday, July 30, 2022 - 13:54 Source

Jason ‘Eagle Nebula The dark patch in the middle is the so-called “Pillars of Creation”.  You can see the comparison with the famous Hubble picture (shot in infra red). The longer pillar is about 4 light years in length. ‘ Saturn A very rushed shot of Saturn earlier this week.  Hopefully I’ll have more opportunity

The post Weekend Sundries: 30-31 July, 2022 appeared first on MacroBusiness.

Read more Views: 59
Your Democracy Saturday, July 30, 2022 - 13:09 Source

The General Secretary of NATO, Jens Stoltenberg, took it upon himself recently to lecture the members of the European Parliament about the need to “pay the price” necessary to keep Ukraine able to function and fight in its ongoing conflict with Russia. What he failed to admit was the major role he himself played in bringing about this conflict.

Read more Views: 66
The Australian Independent Media Network Saturday, July 30, 2022 - 12:59 Source

The statistics of Australia’s longest running drama series about sickeningly idyllic suburbia will interest soap show boffins. It lasted 5,955 episodes over 37 seasons, starting in 1985. Its anaemically thin plotlines, subpar acting, and emphasis on ideals bound to cause indigestion, did not prevent Neighbours from being mandatory viewing.  Neighbours was, especially for British audiences,…

Read more Views: 51
Renew Economy Saturday, July 30, 2022 - 12:24 Source

Read more Views: 51
Your Democracy Saturday, July 30, 2022 - 10:40 Source

Ukraine, on the eve of a decision by residents liberated from Kiev’s Nazi regime to hold a referendum on Zaporozhye Region becoming part of Russia, has turned to nuclear terrorism, trying to destroy nuclear power plants, intimidate civilians and force residents to leave the region. To this end, Kiev’s regime attacked the Zaporozhskaya NPP with UAV strikes on July 20.

Read more Views: 66

Pages