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Oz Blog News Commentary
Your Democracy Friday, September 27, 2024 - 06:30 Source

President Vladimir Putin’s warning that Russia plans to update its national nuclear doctrine is “irresponsible,”according to US Secretary of State Antony Blinken.

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Renew Economy Friday, September 27, 2024 - 06:02 Source
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Your Democracy Friday, September 27, 2024 - 05:55 Source

After Thuringia and Saxony voted, Germany has just had another important regional election, this time in the land of Brandenburg. As in the two preceding cases, the Brandenburg election is far more than a local event. Its results reflect and affect German politics as a whole. But Brandenburg is also special, because it was the last of the three. We can now assess their results as a whole.

 

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The Australian Independent Media Network Friday, September 27, 2024 - 05:45 Source

By Bert Hetebry The statistics are horrific. On October 7 last year, 1200 Israelis were killed and over 200 hostages were taken in an attack on a music festival near the Gaza/Israel border. Included among the fatalities were a number killed by ‘friendly fire’ when the IDF were deployed to take care of the situation.…

The post Why are so many women and children being killed in Gaza and Lebanon? appeared first on The AIM Network.

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Your Democracy Friday, September 27, 2024 - 05:25 Source

Former US President Donald Trump has hammered Ukrainian leader Vladimir Zelensky for refusing to negotiate with Russia, arguing that the country is now “obliterated” while Kiev is reduced to sending “young children and old men” to the front lines amid its conflict with Moscow.

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MacroBusiness Friday, September 27, 2024 - 00:10 Source

Australians are already enduring the longest per capita recession on record following six consecutive quarterly declines and seven declines over the past eight quarters: The OECD’s latest economic outlook report has downgraded Australia’s GDP growth forecast for 2024 to 1.1%, compared with 1.5% in its previous report in May. The OECD also forecasts that Australia

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Your Democracy Thursday, September 26, 2024 - 22:26 Source

 

https://www.youtube.com/watch?v=E8Y08fI5A0c

The UN Speech that Shocked the World: Russia's Harsh Criticism of Zelensky and Western Intervention

 

MORE TO COME...

 

YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.

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Your Democracy Thursday, September 26, 2024 - 19:54 Source

Prime Minister Justin Trudeau used his debut appearance on The Late Show with Stephen Colberton Monday to make his case for another term despite facing existential challenges to his leadership and mounting "frustration" from Canadians struggling with the cost of living.

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Renew Economy Thursday, September 26, 2024 - 18:39 Source
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Renew Economy Thursday, September 26, 2024 - 18:07 Source
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The Australian Independent Media Network Thursday, September 26, 2024 - 16:51 Source

RMIT Media Release Debate around negative gearing reform and capital gains tax has heated up in the past few days. This morning, Prime Minister Anthony Albanese told the ABC he’s ruled out taking negative gearing reforms to election. RMIT’s Dr Liam Davies, an expert in social and affordable housing, can respond to the PM’s comments.…

The post RMIT expert responds to PM’s negative gearing comments appeared first on The AIM Network.

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MacroBusiness Thursday, September 26, 2024 - 16:00 Source

It’s green across the board as Asian share markets ignore the mixed sessions overnight with Chinese stimulus helping lift all boats.  Australian shares have finally moved higher after being in doubt following the RBA’s inaction with the higher USD also helping. Euro is struggling to make headway while the Australian dollar has rebounded slightly to

The post Macro Afternoon appeared first on MacroBusiness.

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The Australian Independent Media Network Thursday, September 26, 2024 - 15:27 Source

Oh no, it wasn’t the government who asked for Treasury to look into the possibilities around changing the tax benefits of negative gearing and capital gains. It was actually David Pocock and Jacqui Lambie, but let’s not let the facts get in the way when there’s such good news on inflation… All right, you got…

The post It’s Not Just The Gearing That’s Negative!! appeared first on The AIM Network.

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Cheeseburger Gothic Thursday, September 26, 2024 - 15:14 Source

For a guy who spends a lot of money on Apple gear for my office, I’m also a guy who almost never updates his phone. My current fondle box is an old iPhone 11.

I mostly use it for reading stuff in news apps and on Substack and for listening to music, podcasts and audiobooks. I’ve recently been dictating into it, because the speech recognition in Microsoft’s iOS Word app is pretty good, and I like to walk around the office while I talk. Like everyone else, my photos app is full of sandwiches, pets and receipts.

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The Australian Independent Media Network Thursday, September 26, 2024 - 14:11 Source

By Denis Hay Description Explore how neoliberalism in Australia led to tradie shortage, changing training and employment. Learn how we can rebuild a skilled workforce. Introduction Australia is grappling with a severe shortage of skilled tradespeople – a crisis that is stalling industries, inflating project costs, and threatening the nation’s economic growth. Construction delays are…

The post Neoliberalism and Tradie Shortage in Australia appeared first on The AIM Network.

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MacroBusiness Thursday, September 26, 2024 - 13:30 Source

Another Matt Barrie masterclass chock full of MB: An outright disaster.

The post Matt Barrie annihilates population ponzi Australia appeared first on MacroBusiness.

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MacroBusiness Thursday, September 26, 2024 - 13:00 Source

Back in May, Laura Tingle ruthlessly attacked Opposition Leader Peter Dutton’s announcement that a future Coalition government would modestly cut immigration. Tingle immediately played the racism card in an article claiming that “the opposition leader has opened the doors to migrants being blamed not just for housing shortages but for all these other problems, too”.

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Renew Economy Thursday, September 26, 2024 - 12:31 Source
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MacroBusiness Thursday, September 26, 2024 - 12:30 Source

The Victorian government has repeatedly demonstrated that it cannot control the costs of its “Big Build” infrastructure projects. Consider the following projects whose costs have skyrocketed, adding to the state’s massive debt pile: The West Gate Tunnel project’s cost is expected to double from its initial $5 billion estimate. The $11 billion Metro Rail tunnel

The post Victoria is a union cartel state appeared first on MacroBusiness.

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MacroBusiness Thursday, September 26, 2024 - 12:05 Source

Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer Damien Klassen dives into SMSF investing and looks at the most common mistakes that investors make. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at the Macrobusiness Fund, which is powered

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MacroBusiness Thursday, September 26, 2024 - 12:00 Source

We know Albo is an inveterate economic liar. He can barely open his mouth without referring to some fantasy economy in his head. Today he gives inflation the Albo makeover: Prime Minister Anthony Albanese says it’s not correct that headline monthly inflation has temporarily dropped to a three-year low of 2.7 per cent in August from

The post Now Albo lies about inflation appeared first on MacroBusiness.

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Renew Economy Thursday, September 26, 2024 - 11:58 Source
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MacroBusiness Thursday, September 26, 2024 - 11:30 Source

A history lesson is on order: In October 2000, Daniel Scotto, the most renowned utility analyst on Wall Street, suspended his ratings on all energy companies conducting business in California because of the possibility that the companies would not receive full and adequate compensation for the deferred energy accounts used as the basis for the California

The post Dutton’s gas plan is INSANE appeared first on MacroBusiness.

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MacroBusiness Thursday, September 26, 2024 - 11:00 Source

On Wednesday, The SMH reported that the Albanese government had commissioned modelling of reforms to negative gearing and capital gains tax concessions. The proposed changes are reportedly modest in scope, such as capping the number of properties a taxpayer could negatively gear. Any reform would also be grandfathered so that existing investors were not impacted.

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MacroBusiness Thursday, September 26, 2024 - 10:30 Source

The UBS Global Wealth Report showed that Australia has 1.9 million US-dollar billionaires worth $US5.4 trillion ($A8 trillion). UBS anticipated that the number of US-dollar millionaires would rise by 21% to more than 2.3 million by 2028, owing to rising home prices and intergenerational wealth transfer. A new report from CoreLogic explains why Australia has so

Read more Views: 130
MacroBusiness Thursday, September 26, 2024 - 10:00 Source

Goldman with more hosing off of the Chinese shrinkulus. China will likely remain as a “trade” until the housing issues are resolved It is well understood by market participants that the ailing housing market is a “pain point” in the Chinese economy and is at the core of the many structural imbalances that have fueled

The post Chinese shrinkulus is deliberate appeared first on MacroBusiness.

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MacroBusiness Thursday, September 26, 2024 - 09:30 Source

SHFE futures played catch up yesterday, SGX soared but faded overnight: Mad Dalian put in new highs overnight: For all the bullishness, nothing has changed. Mills still can’t make money. Demand is terrible and getting worse. There’s way too much iron ore. $80 ahead.

The post Iron ore discounts grow appeared first on MacroBusiness.

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Renew Economy Thursday, September 26, 2024 - 09:27 Source
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MacroBusiness Thursday, September 26, 2024 - 09:00 Source

Stock markets failed to advance further overnight as the USD rebounded in the absence of any great news save for the Israeli invasion of Lebanon and the reaction to the latest PBOC stimulus. Wall Street failed to put in another record high, while European stocks fell back slightly. The USD advanced against all the majors

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Thursday, September 26, 2024 - 08:18 Source

In a dramatic turn of events, NATO's once-solid support for Ukraine is showing cracks as key member states like Hungary, Poland, and Germany reconsider their military aid.

Hungarian Foreign Minister Peter Szijjarto's meeting with Russia’s Sergey Lavrov at the UNGA highlights the growing divide within NATO, while Poland and Germany signal a reduction in assistance to Ukraine.

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