Blogotariat

Australian newcomer Tesseract ESS adds Chinese energy storage giant Hyperstrong to its team offering commercial and industrial solar and battery PPAs.

The nuclear debate is afoot: The Australian Energy Regulator says the nation’s coal-fired powers stations are too decrepit to keep running until nuclear power can be operational because it will take eight to 10 years just to establish the regulatory framework for nuclear. But the opposition, which plans to roll out the first of its seven nuclear power

The post Australia too fat, dumb and corrupt for nuclear power appeared first on MacroBusiness.

They’re all liars. Dr Chalmers will tell finance ministers that under the Albanese government, inflation has halved. “We’ve recorded faster employment growth than all major advanced economies; real wages are growing again; and our two straight surpluses have helped repair the budget,” he will say. Inflation in Australia has proved to be more persistent than

The Market Ear on stocks. Fast buying Coming into this week, HFs have net bought US equities at the fastest pace YTD. GS PB Grossed up Hedge fund gross leverage at 100th percentile. Looks full. MS PB Bought a lot Long/short equity hedge funds have significantly increased net exposure, risk control and CTA funds have

The post Mountains of dry powder appeared first on MacroBusiness.

SHFE was down yesterday. SGX popped overnight: Mad Dalian likewise: Steel margins have collapsed again, most notably for flat: As mills ramped output into the stimulus mirage:: Steel inventories are materially above last year now. Iron ore will rise from here as well. MySteel: The inventories of imported iron ore sintering fines maintained by the

The post Iron ore has a moment in the sun appeared first on MacroBusiness.

IMF upgrades Russia to world’s fourth-largest economyThe country is outperforming Japan in terms of purchasing power parity, according to the Washington-based organization

The International Monetary Fund (IMF) has ranked Russia as the world’s fourth-largest economy based on purchasing power parity (PPP).      

Overnight saw the release of the latest US weekly initial jobless claims which came in lower than expected, with USD selling off slightly against most of the other major currencies. Wall Street actually climbed higher after its mid week slump while European shares found a bid on solid PMI numbers. Euro had some relief from

The post Macro Morning appeared first on MacroBusiness.

The Victorian government’s plan to address the housing crisis by pushing for mid-level and high-rise apartment buildings to be developed in designated “activity centres” of Melbourne has been labelled as “not feasible to build and sell, especially at scale” by property developer Max Shifman. Shifman notes that new apartments cost significantly more to build or

Neither Democrat Kamala Harris nor Republican Donald Trump could possibly get elected in Belarus or Russia with their empty rhetoric and personal attacks against each other, Belarusian President Alexander Lukashenko said on Wednesday, calling both candidates “idiots.”

Economists at the National Bank of Canada published research arguing that Canada was caught in a “population trap” of declining productivity and living standards. The economists noted that the nation’s population growth was “too high relative to the stock of capital available in the country”. Canada’s population increased by 1.25 million in 2023, all via

A few years ago I wrote about this elective class I taught called “Oral English”. It consisted of students making short speeches, having debates and discussing various issues. Now when I say “discussing” what I actually mean is getting louder and louder until the various opposing forces were shouting at each other at which point…

The post Lidia Thorpe Stars In “The King And I”! appeared first on The AIM Network.

NATO, Migrants in the EU and the Coming War in Moldova

by Thierry Meyssan