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MacroBusiness
Monday, September 9, 2024 - 09:00
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Risk markets did not like the “soft but not too soft” US jobs print on Friday night with their initial reaction flipping into risk-off mode halfway through the session as Wall Street tanked and the USD soared back into strength. Treasury yields eventually only finished slightly down while currency markets absorbed volatility around the print The post Macro Morning appeared first on MacroBusiness. |
MacroBusiness
Monday, September 9, 2024 - 08:00
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The CEO of consultancy EnergyQuest claims that the “only” solution to a looming gas supply crisis is to import LNG from offshore into the southern states. At Port Kembla, a little more than 100 kilometres south of Sydney, the energy company controlled by iron ore magnate and climate evangelist Andrew Forrest—Squadron Energy—is building a $1 The post Energy failure: East Coast Australia to import gas appeared first on MacroBusiness. |
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Your Democracy
Monday, September 9, 2024 - 07:50
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John Quiggin
Monday, September 9, 2024 - 07:35
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Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here. |
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The Australian Independent Media Network
Monday, September 9, 2024 - 07:33
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Oxfam Australia Media Release Four young grassroots climate leaders from the Asia-Pacific region and the Kimberley will today meet with Australian political leaders in Canberra calling on them to urgently ban fracking, phase out fossil fuels and address the climate crisis affecting their communities. Hosted by Seed Indigenous Youth Climate Network and Oxfam Australia, the… |
The Australian Independent Media Network
Monday, September 9, 2024 - 07:01
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New industry forecasts released by Master Builders Australia show the country has moved further away from achieving the National Housing Accord target of 1.2 million new homes. Five months after the first forecasts covering the full five-year Accord period, Australia is projected to increase its housing shortfall from 112,000 to over 166,000 homes. From 1… The post Australia moves further away from National Housing Accord target appeared first on The AIM Network. |
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MacroBusiness
Monday, September 9, 2024 - 07:00
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CoreLogic declared that “the end of the rental boom is in sight” after “rents flatlined in July and August”: The stabilisation follows a 39% rent rise between August 2020 and June 2024. CoreLogic also shows that the annual growth in rents is also slowing. Nationally, the annual pace of rental growth peaked at 9.7% over The post Rental boom over, but rental inflation to remain appeared first on MacroBusiness. |
Your Democracy
Monday, September 9, 2024 - 06:52
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“This pact exists throughout Brazil. It’s not privileged to Rio de Janeiro. Truth be said, it’s a very organic, structured relationship between Rio de Janeiro politicians, militia groups and the police. How does it function? |
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Your Democracy
Monday, September 9, 2024 - 05:34
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Rearranging the deck chairs on the Titanic: Why has Zelensky purged the Ukrainian government?Over half of the country’s ministers have been dismissed. Why did Vladimir Zelensky decide to gut his team during an ongoing conflict? |
The Australian Independent Media Network
Monday, September 9, 2024 - 05:14
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By Roger Chao Digital Serfs In the glow of the screen, where pixels dance and flicker bright, We trade our days for data streams, surrendering the night. Our minds once clear, but now cluttered, hum with endless scrolling, In the depths of cyberspace, we’ve bartered hearts for trolling. The morning sun, obscured behind the blinding,… The post Digital Serfs appeared first on The AIM Network. |
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Your Democracy
Monday, September 9, 2024 - 04:44
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The global order is under threat from a number of state actors, the heads of the American and British foreign intelligence agencies – the CIA and MI6 – claimed in a joint op-ed published by the Financial Times on Saturday. In the piece, Bill Burns and Richard Moore pledged that Washington and London would work in lockstep to retain the status quo in a world where technology has considerably accelerated geo-political trends. |
MacroBusiness
Monday, September 9, 2024 - 00:10
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Treasurer Jim Chalmers was busy claiming that record federal spending has kept the economy out of recession. “I’m old enough to remember when government’s budgets helping to avoid recession was seen as a good thing”, Chalmers said. “We’re going for a soft landing in the economy. Our political opponents really want to see a hard The post Soft landing for economy means hard landing for households appeared first on MacroBusiness. |
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The Australian Independent Media Network
Sunday, September 8, 2024 - 20:44
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By Bert Hetebry Politically the world seems to be moving very much to the right, and with it there is an attack on thinking, especially critical thinking where an issue is questioned, analysed, interpreted and evaluated to make a judgement about the issue. Critical thinking is a dangerous activity, and should be banned. It has… The post Stop (critical) thinking! appeared first on The AIM Network. |
The Australian Independent Media Network
Sunday, September 8, 2024 - 19:03
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By James Moore Time to tip a hat to America. We’ve only had 45 school shootings this year and what happened in Georgia is (only) the deadliest incident since the March 2023 massacre at the Covenant School in Nashville, which is where (only) six people died. The number of mass shootings in all venues is… The post Cemetery America appeared first on The AIM Network. |
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The Tally Room
Sunday, September 8, 2024 - 12:00
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We’re now less than two months out from the Queensland state election, and the ACT election. So it seemed about the right time to unlock those election guides for everyone to read. But while that means two less exclusive benefits for Patreon donors, I’m launching something else that I think Patreon members will appreciate. Discord is a chat app which is used by the communities of quite a few podcasts, amongst other uses. I’ve now launched a Discord for the Tally Room, as an exclusive benefit for people who donate $5 or more per month. |
Renew Economy
Sunday, September 8, 2024 - 11:50
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The Australian Independent Media Network
Sunday, September 8, 2024 - 10:09
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As I said the other day, it’s easy to make predictions; getting them right is the hard bit. So, I approach any future event with the supreme confidence that – barring something unforeseen – I’ll be 100% correct. If I happen to be wrong, well, that was because of something that I didn’t predict, but… The post The Strange Case Of The Unelectable Albo! appeared first on The AIM Network. |
Your Democracy
Sunday, September 8, 2024 - 07:14
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Your Democracy
Sunday, September 8, 2024 - 06:45
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Before the last election in 2022, the Labor opposition promised to establish an integrity commission that would have a broad jurisdiction and strong investigative powers including the capacity to hold public hearings when it was in the public interest to do so. |
Your Democracy
Sunday, September 8, 2024 - 06:08
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In his first public statements since his arrest by France on Aug. 24 at Paris’ Le Bourget airport, Telegram CEO Pavel Durov blasted French authorities for detaining and charging him, but also admitted that Telegram is not perfect and that he’ll work to clean up instances of criminals abusing the platform. |
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Your Democracy
Sunday, September 8, 2024 - 05:30
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On September 22 and 23, the United Nations member states will gather in New York City at the UN headquarters for the historic Summit of the Future with the intention to sign the Pact for the Future. This document is expected to radically accelerate the push towards the completion of the UN Sustainable Development Goals (SDGs) and the Agenda 2030. |
Your Democracy
Saturday, September 7, 2024 - 20:57
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War in Ukraine must end ‘this fall’ – Zelensky Kiev has asked its Western helpers to redouble their pressure on Moscow Ukrainian leader Vladimir Zelensky has urged NATO countries to pressure Russia to agree to Kiev’s peace terms this fall. He made his statement during a meeting with US Defense Secretary Lloyd Austin at the Ramstein Air Base in Germany. Regular gatherings at Ramstein are designed to coordinate military aid to Kiev. |
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Your Democracy
Saturday, September 7, 2024 - 14:06
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https://www.youtube.com/watch?v=CxJVmPObidE&list=TLPQMDcwOTIwMjRdi35KC8MsbA&index=2 INTEL Roundtable w/ Johnson & McGovern - Weekly Briefing Wrap Up
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The Australian Independent Media Network
Saturday, September 7, 2024 - 12:58
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By Roger Chao Plastic Apocalypse Where the tide leaves in sorrow, where the oceans weep beneath the sky’s wide and endless dome, Lies a silent affliction, a slow creeping bane that shrouds the earth in synthetic foam. It slithers through rivers, it clings to the trees, a cursed creation of humanity’s lore, An eternal… The post Plastic Apocalypse appeared first on The AIM Network. |
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MacroBusiness
Saturday, September 7, 2024 - 11:35
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Elizabeth Knight is one of Australia’s best economic and business journalists, and she regularly writes informative, perceptive and lucid commentary on markets, the economy, and the actions of the corporate world. Knight is one of very few in the Nine world of whom you can assume you will read something intelligent. Her piece this week, The post The tragedy of Australian economic commentary appeared first on MacroBusiness. |
New Politics
Saturday, September 7, 2024 - 08:00
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MacroBusiness
Saturday, September 7, 2024 - 07:38
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DXY was stable overnight: AUD was blasted anyway: North Asia carry crashes are back: Oil broke closing technical support: Metals mayhem: Miners mauled: EM at the neckline: Junk hiccupping: Treasury curve through the roof: Stocks through the floor: US jobs were Goldilocks really: Total nonfarm payroll employment increased by 142,000 in August, and the unemployment The post Australian dollar plunges off recession cliff appeared first on MacroBusiness. |
Your Democracy
Saturday, September 7, 2024 - 07:18
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Next week, Land Forces 2024 will take place in Naarm. “Land Forces 2024 International Land Defence Exposition” to give its full, rather innocuous title, is the largest land-based weapons expo held in the Southern Hemisphere and — as its website proudly announces — “the premier gateway to the land defence markets of Australia and the region, and a platform for interaction with major prime contractors from the United States and Europe.”
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MacroBusiness
Saturday, September 7, 2024 - 07:15
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SHFE and SGX were smashed this week: Overnight, Mad Dalian hit another new low: Coking coal is in free fall: Scuttlebutt is still terrible: In August, domestic steel demand weakened further, while steel production decreased, according to CSLPC. Iron ore’s slump comes as the China Iron & Steel Association advised mills against the impulse to The post Iron ore smashed again as steel heads for Hades appeared first on MacroBusiness. |
Your Democracy
Saturday, September 7, 2024 - 06:56
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The Eastern Economic Forum began on Tuesday and [ran] through Friday. It [was] hosted by the Far Eastern Federal University in the Russian Pacific coast city of Vladivostok. Sputnik is live as Russian President Vladimir Putin takes part in the Eastern Economic Forum in Russia’s Far Eastern Federal District. |
