Blogotariat

As the Navy embarks on the ambitious AUKUS program, the Auditor-General has handed Defence a ‘C minus’ on the Canberra Class ship-building program. Rex Patrick reports.

Ever since the Navy took possession of the two Canberra-class landing Ships at a cost of $1.5B each, they’ve been mired in controversy about reliability.

“Accumulation of defects”. A-G report scathing on Navy shipbuilding

Energy efficiency is seen as the "first fuel" and is the main priority in the EU's energy policies. But in Australia it remains the "forgotten fuel", even as we electrify.

Ethics is basically a learned habit of behavior.  —  Aristotle.

Virtue is its own reward.  —  Plato.

Plato:  Welcome, Aristotle!  It’s been a while since I have seen you at the Academy.

Aristotle:  And it is good to see you as well my teacher.  And how have things been?

P:  I hear that you have had the honor of instructing the great Alexander in philosophy and morals.  How has that suited you?

Senate Republicans are racing to pass a budget bill that is pivotal to President Donald Trump's second-term agenda ahead of a self-imposed 4 July deadline.

Party leadership have been twisting arms for an initial vote on the "Big Beautiful Bill" on Saturday, following the release of its latest version - all 940 pages - shortly after midnight.

Four senior executives at Palantir, Meta, and OpenAI have been formally appointed lieutenant colonels in the US Army following the creation of a “special” unit created for rich Big Tech mavens seeking military leadership roles.

US Army appoints Palantir, Meta, OpenAI execs as Lt. Colonels

Today we have the auction results for the two biggest markets Sydney and Melbourne, but using a bit of a different approach. When Domain, Corelogic or any number of other property data sources produce their preliminary auction results on a Saturday evening, it perhaps isn’t based on what one would think at first glance. Instead

The post Vanishing auction results and a different approach appeared first on MacroBusiness.

On June 22, a large portion of the France 2, 8 p.m. newscast, hosted by Laurent Delahousse, was devoted to the US attack on Iran.

The Poetry Of Reality is a podcast hosted by renowned evolutionary biologist, Richard Dawkins. This is an audio and video experience that tracks our acclaimed protagonist in his navigation of the natural world and his pursuit of truth through scientific curiosity.

WELCOME TO The Poetry of Reality

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The Daily Mail has revealed that the grandfather of Blaise Metreweli, who is expected to become the first woman to lead the UK’s foreign intelligence service (MI6), was a Nazi collaborator who oversaw atrocities in occupied Ukraine.

Suddenly, nothing grew

The crops around the planet died

The air went dry without dew

The wind carried sands that fried

Hot like a Venusian summer

Cold like a Martian winter

What happened asked rat number two

Rat number one could not answer

He was dead as two would soon be too

We’re completely out of luck

Number two thought, barely cogent

Those nuking monkeys with their muck

A massive new road scheme will solve precisely nothing, while costing the Earth.

By George Monbiot, published in the Guardian 24th June 2025

There appear to be two main determinants of what infrastructure gets built. The first is whether it provides large and lucrative contracts for powerful corporations. The second is whether ministers can pose beside it in hard hats and yellow jackets. Otherwise, it is hard to explain the decisions made.

Share markets in Asia are again failing to follow the ebullient mood on Wall Street with the latest industrial production numbers in China disappointing while Japanese core inflation numbers are still relatively high, giving the Nikkei a boost above the 40000 point level. The USD is still falling across the board except against gold with

The post Macro Afternoon appeared first on MacroBusiness.