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MacroBusiness Saturday, September 24, 2022 - 11:15 Source

Geoff McVeigh Selected images from Tulip Tops, Sutton ACT, near Canberra September 2022   Blue Wren at Tulip Tops Yellow Faced Honeyeater at Tulip Tops Black Shouldered Kites near Tulip Tops   Haroldus Could you put these pics up so the MB twitchers can ID? I think it’s a Channel Bill Cuckoo? The other birds

The post Weekend Sundries: 24-25 September 2022 appeared first on MacroBusiness.

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Your Democracy Saturday, September 24, 2022 - 09:36 Source

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Your Democracy Saturday, September 24, 2022 - 08:27 Source

Declassified Australia’s Peter Cronau flags and analyzes a report by researchers at Stanford University and Graphika about a massive secret propaganda operation being run out of the U.S.  The report, from late August, has been buried by the Western media.

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Your Democracy Saturday, September 24, 2022 - 07:33 Source

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The Australian Independent Media Network Saturday, September 24, 2022 - 06:00 Source

1 Here are a few jaw-droppers that are guaranteed to shock you. They are not of my pen, although I have written about many of them. So, if you thought you knew it all, you didn’t. Indeed, their unworthiness may surprise you to the point of embarrassment. I know the list surprised me, and I like…

The post More of the same appeared first on The AIM Network.

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Renew Economy Saturday, September 24, 2022 - 03:08 Source

Coal fossil fuel Power Plant smokestacks - optimised divestment

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MacroBusiness Saturday, September 24, 2022 - 00:01 Source

Global Macro / Markets / Investing: Developing countries demand more climate finance as rich nations’ $100-billion pledge remains a broken promise – Money Control The Grim Secrets of Private Equity – New Republic Powell Signals Recession May Be Price to Pay for Crushing Inflation – Bloomberg Fed Rate Hikes Won’t Tackle the Corporate Profiteering Behind

The post Weekend Reading: 24-25 September 2022 appeared first on MacroBusiness.

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MacroBusiness Friday, September 23, 2022 - 16:30 Source

Asian stocks are still in bear market mode going into the end of the trading week with risk sentiment remaining in defensive positions across the risk complex. The USD remains strong against the major currencies, while oil prices have been steady with Brent crude just above the $91USD per barrel level while gold has also

The post Macro Afternoon appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, September 23, 2022 - 15:14 Source

Federal Court Justice Mordecai Bromberg has been in the environmental news again, this time throwing a large judicial spanner in the works of Santos and its drilling efforts in the Timor Sea. On this occasion, the Federal Court found that the National Offshore Petroleum Safety and Environmental Management Authority should never have approved the Barossa…

The post Shoddy Consultations: Santos, Drilling and First Nations Peoples appeared first on The AIM Network.

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Renew Economy Friday, September 23, 2022 - 14:11 Source

france offshore wind

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MacroBusiness Friday, September 23, 2022 - 14:00 Source

CoreLogic’s daily dwelling values index, which measures value changes across Australia’s five major capital cities, fell another 0.38% in the week ended 22 September. It was the 20th consecutive weekly price fall: Every major Australian capital city recording falling values over the week, with Sydney once again leading the way: So far in September, dwelling

The post Aussie house prices fall from coast to coast appeared first on MacroBusiness.

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MacroBusiness Friday, September 23, 2022 - 13:30 Source

Albert Edwards of Societe General makes his great pivot to inflation. The key to this argument is a continuation of crisis policymaking. If there were no Ukraine War then would governments not already be turning away from MMT principles after the inflation breakout of COVID19? That said, there is no shortage of crises to keep

The post Albert Edwards: Ice Age gives way to Great Melt appeared first on MacroBusiness.

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Renew Economy Friday, September 23, 2022 - 13:13 Source

bowen kerry aus us

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MacroBusiness Friday, September 23, 2022 - 13:00 Source

Patheon with the note. FX Intervention Begins, as the BoJ Feigns Innocence The BoJ always struggles to match other central banks for excitement, and had an especially tough act to follow after the Fed’s 75bp hike. In the end, much like a subpar Marvel film, the biggest twist was saved for the end credits. No

The post Why JPY will keep falling appeared first on MacroBusiness.

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MacroBusiness Friday, September 23, 2022 - 12:30 Source

Another survey tells us what we already know. The failed mass immigration economic model is dead and buried in the community. Only the unholy alliance between Canberra and the oligarchs keeps it alive: Just 10 per cent of people support increasing the migration intake to solve the skills shortage crisis, according to a new poll.

The post 90% of Aussies don’t want mass immigration model appeared first on MacroBusiness.

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Your Democracy Friday, September 23, 2022 - 12:23 Source

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Renew Economy Friday, September 23, 2022 - 12:19 Source

Carnegie CETO 6 wave generator - optimised

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MacroBusiness Friday, September 23, 2022 - 12:00 Source

The Australian Bureau of Statistics (ABS) this week released quarterly employment data, which shows the healthcare & social assistance industry has comprehensively driven the nation’s jobs growth over the pandemic, while the manufacturing industry has shed jobs. Australia added 57,800 jobs in the August quarter, led by construction (+83,500) and retail trade (+73,500), with public

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Renew Economy Friday, September 23, 2022 - 11:42 Source

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MacroBusiness Friday, September 23, 2022 - 11:30 Source

According to markets, coal is in a new super-cycle with prices far above anything ever seen before. The pre-GFC blowoff was $150. Now look at futures forever: Prices never budge below $300 per tonne. This is FAR above the entire global cost curve. Indeed, it is so far above it that markets are incentivising a

The post World enters new coal golden age appeared first on MacroBusiness.

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MacroBusiness Friday, September 23, 2022 - 11:00 Source

The Poms are doing the right thing: Businesses have been given an emergency package of government support including a cap significantly reducing the price paid for energy from 1 October to help them get through the winter. The UK government has stepped in to discount wholesale power prices for companies, charities and public sector organisations,

The post Chicken Chalmers collapses in quivering heap appeared first on MacroBusiness.

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Renew Economy Friday, September 23, 2022 - 10:56 Source

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MacroBusiness Friday, September 23, 2022 - 10:40 Source

The Market Ear with the latest on fear. I’m still waiting for the big flush… NASDAQ “fear” isn’t buying the “panic” The VXN has stayed very “well behaved” despite the NASDAQ having moved lower recently. Regular readers of TME are familiar with the fact vol is about pace and not direction, but is VXN starting

The post Fear! But not enough… appeared first on MacroBusiness.

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MacroBusiness Friday, September 23, 2022 - 10:30 Source

Of all the outcomes of recent geopolitics, this is the most important long-term in my view: China’s focus of political goals like Covid Zero over economic objectives is making the country less appealing to European companies as a place to invest, a business group said, calling on Beijing to refocus on reform. Recent Chinese policy

The post Will Europe repay the US if fascists invade Taiwan? appeared first on MacroBusiness.

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MacroBusiness Friday, September 23, 2022 - 10:20 Source

The ferrous complex bucked the trend and jumped on September 22, 2022: Here’s the cause: China’s daily crude steel output recovered further in the middle ten days of September, with the volume increasing to a three-month high of 2.89 million tonnes on average, according to industry data provider Mysteel. Average daily crude steel output over

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

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MacroBusiness Friday, September 23, 2022 - 10:00 Source

I wonder when Wall Street will admit to the truth. The Chinese growth era is over and endlessly pushing out the recovery is pointless. Not until they rid themselves of their commodity long, I guess! Goldman kicks the Chinese can again when the base case now is now that not only is no recovery coming,

The post China “recovery” delayed forever appeared first on MacroBusiness.

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xkcd.com Friday, September 23, 2022 - 10:00 Source

Evidence suggests the 1899 transactions occurred as part of a global event centered around a deity associated with the lotus flower.

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MacroBusiness Friday, September 23, 2022 - 09:40 Source

The DXY rocket paused as last night Japan piled into JPY: AUD rose from the pit but sank versus JPY: All of this supported commodities at the margin. If the BOJ can succeed then it makes the job of the Fed harder: Miners backed off the cliff: EM stocks went over it: Junk is in

The post Australia dollar rescued by Japan appeared first on MacroBusiness.

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Renew Economy Friday, September 23, 2022 - 09:39 Source

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Your Democracy Friday, September 23, 2022 - 09:25 Source

The EU’s von der Leyen is completely wrong about anti-Russia sanctions, and here’s why

The bloc’s joint figurehead claims Moscow is presiding over an economy in ‘tatters,’ but we have heard that before

By Ivan Timofeev, Valdai Club Programme Director & one of Russia’s leading foreign policy experts.

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