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Your Democracy Thursday, November 14, 2024 - 07:24 Source

South Dakota's Governor Kristi Noem has been tapped to lead Homeland Security, the same organisation that oversees multiple entities including the Coast Guard and the Secret Service

She has been a fierce critic of immigration policy. 

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MacroBusiness Thursday, November 14, 2024 - 07:00 Source

Tuesday’s monthly arrivals and departures figures from the Australian Bureau of Statistics (ABS) revealed that a record 393,874 people arrived in Australia on a net permanent or long-term basis in the first nine months of 2024. While net arrivals have slowed since March, the figures suggest that net overseas migration into Australia remains hot. Immigration

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Your Democracy Thursday, November 14, 2024 - 06:47 Source

Marco Rubio was elected to the Senate in 2010, and has previously taken a hard stance on ChinaIranVenezuela and Cuba

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Cheeseburger Gothic Thursday, November 14, 2024 - 06:18 Source

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Your Democracy Thursday, November 14, 2024 - 06:00 Source

Boris Johnson continues to stir tensions with Moscow more than two years after leaving office, the Russian Foreign Ministry spokeswoman has said, after the former UK prime minister suggested deploying troops to assist Ukraine.

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The Australian Independent Media Network Thursday, November 14, 2024 - 05:50 Source

UNSW Sydney Media Release Researchers at UNSW uncover evidence of the negative psychiatric impacts of Australia’s onshore and offshore detention systems in the largest study of its kind. A study of immigration detention in Australia has shown refugees detained offshore for any amount of time face a 20 times greater risk of PTSD and other…

The post Risk of PTSD 20 times higher for people held in offshore detention: study appeared first on The AIM Network.

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MacroBusiness Thursday, November 14, 2024 - 05:32 Source

DXY is a SpaceX rocket. AUD broke its uptrend. With markets long the battler, there is nothing to stop it falling. As North Asia begins the competitive devaluation to defy Trump tariffs. Gold could/should crash in this environment. We’re gonna need more stimmies, Capt’! Miners flushed. EM lol. Junk is melancholy rather than scared. As

The post Australian dollar freefall has no parachute appeared first on MacroBusiness.

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Your Democracy Thursday, November 14, 2024 - 05:25 Source

President-elect Donald Trump announced Tuesday billionaire backer Elon Musk and supporter Vivek Ramaswamy will lead a new “Department of Government Efficiency,” while Fox News host Pete Hegseth will serve as secretary of defense, the latest in a flurry of appointments in the days since Trump won the election, tapping some of his staunchest defenders and loyalists for roles in the administration.

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MacroBusiness Thursday, November 14, 2024 - 00:10 Source

Wednesday’s wage price index data from the Australian Bureau of Statistics (ABS) was weaker than expected, growing by 0.8% in Q3 and 3.5% year-on-year. The result was slightly lower than economists’ expectations of 0.9% growth in Q3 and 3.6% growth year-on-year. The following chart plots the growth in Australian wages in real inflation-adjusted terms against

The post Australian wages won’t recover until the mid 2030s appeared first on MacroBusiness.

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Your Democracy Wednesday, November 13, 2024 - 20:40 Source

President-elect Trump has announced Tom Homan as his new administration’s border czar, putting a 30-plus-year immigration enforcement veteran at the head of his mass deportation pledge.

Homan, the second Trump appointee announced after White House chief of staff Susie Wiles, ran Immigration and Customs Enforcement (ICE) in an acting capacity in 2017 and 2018 before announcing his retirement.

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The Australian Independent Media Network Wednesday, November 13, 2024 - 18:43 Source

By Tess Lawrence Chief advocate for the Alliance for Gambling Reform, Tim Costello AO, has issued an Open Letter to the Premier, Jeremy Rockliff, and all members of the State Parliament, urging them to resist the efforts of the gambling lobby to undermine the promised poker machine mandatory pre-commitment card reforms. Mr Costello released the…

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The Australian Independent Media Network Wednesday, November 13, 2024 - 18:18 Source

CSIRO News Release Global carbon dioxide (CO₂) emissions from fossil fuels have reached a record high in 2024 but total emissions from fossil fuel and land use changes over the last decade have stabilised, according to the Global Carbon Budget released today. The report is produced by leading research international organisations, including CSIRO, Australia’s national…

The post Global carbon dioxide emissions from fossil fuels continue to increase appeared first on The AIM Network.

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Renew Economy Wednesday, November 13, 2024 - 18:08 Source
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Renew Economy Wednesday, November 13, 2024 - 18:07 Source
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Your Democracy Wednesday, November 13, 2024 - 17:46 Source

 

‘Who the f--k is this guy?’: Defense world reacts to Trump’s surprise Pentagon pick“Hegseth is undoubtedly the least qualified nominee for SecDef in American history,” one veterans’ advocate said.

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The Australian Independent Media Network Wednesday, November 13, 2024 - 16:32 Source

The scene is memorable enough. November 2016. The Twin Peaks Tavern, Castro District. Men gathered, beside themselves. “It’s shocking how those people voted him in,” splutters one over a Martini. “Yes,” says a companion, bristling in anger at the election of Donald J. Trump, sex pest, dubious businessman, orange haired monster and reality television star.…

The post They Were There First: Election Denialism, the Democratic Way appeared first on The AIM Network.

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MacroBusiness Wednesday, November 13, 2024 - 16:31 Source

Barry’s Reef Trees   AUD/USD EUR/USD USD/JPY GBP/USD GOLD WTI BRENT Australia 200 US S&P 500 UK 100 Japan 225   Easy Listening          

The post Macro Afternoon: 13 November 2024 appeared first on MacroBusiness.

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Renew Economy Wednesday, November 13, 2024 - 15:52 Source
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Your Democracy Wednesday, November 13, 2024 - 15:41 Source

Western countries should allow Kiev to issue an ultimatum to Moscow and allow long-range missile strikes deep into Russian territory if the Kremlin fails to comply with it, German MP Friedrich Merz told Stern magazine in an interview published over the weekend.

The politician leads Germany’s biggest opposition party – the conservative Christian Democratic Union (CDU) – and will be its chancellor candidate at the next parliamentary elections.

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The Australian Independent Media Network Wednesday, November 13, 2024 - 15:30 Source

National Rural Health Alliance Media Release The recently released audit of the Australian health and medical research workforce by the Department of Health and Aged Care throws light on the importance of supporting rural, regional and remote health workforce and researchers through strategic and targeted measures to ensure rural Australians enjoy the same health benefits…

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Renew Economy Wednesday, November 13, 2024 - 15:12 Source
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Renew Economy Wednesday, November 13, 2024 - 15:00 Source
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Your Democracy Wednesday, November 13, 2024 - 14:48 Source
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Renew Economy Wednesday, November 13, 2024 - 14:35 Source
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MacroBusiness Wednesday, November 13, 2024 - 14:30 Source

This is funny from The Market Ear Buy everything you can That is Bernstein’s take on crypto. They write: “…add crypto exposure asap, Call us if you need help”. If you had regulatory concerns, the investment bank urges you to “invert your mental mind”. They see BTC at $200k by year end 2025. King of

The post Sell crypto with both hands appeared first on MacroBusiness.

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MacroBusiness Wednesday, November 13, 2024 - 14:00 Source

Statistics New Zealand released data showing that Kiwis are leaving in droves to escape the worst recession in decades. Annual net permanent and long-term migration inflows fell to 44,900 annually in September, the lowest since January 2023. September saw a net permanent and long-term (PLT) inflow of only 2,310 persons in seasonally-adjusted terms, with the

The post More recession wrecked Kiwis call Australia home appeared first on MacroBusiness.

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MacroBusiness Wednesday, November 13, 2024 - 13:30 Source

President-elect Donald Trump is lining up his China hawks. Just days after he won a return to the White House, the outlines of Donald Trump’s foreign policy are becoming clear: squeeze Iran, support Israel, confront China. The expected appointment of Marco Rubio as secretary of state and the naming of combat veteran Mike Waltz to

The post Should ASIS slip something into Rudd’s prune juice? appeared first on MacroBusiness.

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Renew Economy Wednesday, November 13, 2024 - 13:09 Source
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MacroBusiness Wednesday, November 13, 2024 - 13:00 Source

If we add mining subsidies, it is more $80bn! Prosper with the report. Australian states could capture an additional $14.5 billion in revenue each year by moving to a more flexible royalty model with variable rates that adjust to market conditions. “Australians own the rights to mineral and petroleum resources, but the states as our

The post Mining parasite fattens on $66bn in stolen royalties appeared first on MacroBusiness.

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MacroBusiness Wednesday, November 13, 2024 - 12:37 Source

Westpac sums it up. In the September quarter, the Wage Price Index (WPI) rose 0.8% (3.5%yr), on par with Westpac’s forecast but a touch softer than the market consensus of 0.9%. It is also below the RBA’s expectation which pointed to a 0.9%qtr rise in both the September and December quarters of 2024. Wage inflation

The post Sagging wages scream at RBA bullhawk to cut interest rates appeared first on MacroBusiness.

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