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Your Democracy Sunday, November 9, 2025 - 08:20 Source

“The defense acquisition system as you know it is dead,” Secretary of War Pete Hegseth said in a major speech delivered to industry representatives Nov. 7 at the National War College in Washington, D.C.

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Your Democracy Sunday, November 9, 2025 - 06:55 Source

The US government shutdown is inflicting “far worse” economic damage than had been estimated and could cut fourth quarter GDP growth in half, White House economic adviser Kevin Hassett has warned.

The 38-day shutdown, the longest in US history, is hitting travel, hotel and construction sectors particularly hard, he told Fox Business in an interview on Friday.

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Your Democracy Sunday, November 9, 2025 - 05:44 Source

Former prime minister (and journalist) Tony Abbott has published a political history of Australia.

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Your Democracy Saturday, November 8, 2025 - 17:12 Source

On 7 March, Syrian security forces and affiliated armed factions perpetrated the massacre of more than 1,500 Alawite civilians, including many elderly, women, and children, in 58 separate locations on the Syrian coast.

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Your Democracy Saturday, November 8, 2025 - 14:18 Source

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MacroBusiness Saturday, November 8, 2025 - 11:52 Source

The ferrous complex is buckling. Steel output cuts are so far insufficient to lift steel prices. Iron must fall much further if steel mill margins are to be restored. Weekly data from consultancy firm Mysteel showed that fewer than 40% of the 247 surveyed steel mills were profitable, a level last seen in October 2024.

The post Iron ore enters the perfect storm appeared first on MacroBusiness.

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Your Democracy Saturday, November 8, 2025 - 08:58 Source

WASHINGTON (Sputnik) – US President Donald Trump said on Friday that he intends to address the conflict in Ukraine, along with topics related to trade and energy, during his meeting with Hungarian Prime Minister Viktor Orban at the White House.

 

Trump, Orban Express Optimism About Ending Ukraine Conflict Soon

 

Meeting With Putin

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Your Democracy Saturday, November 8, 2025 - 08:05 Source

It’s that time of the great proxy war crusade against Russia again. Someone in the mainstream West has woken up to, if not the facts about the politics of Ukraine, then at least a quantum of disquiet.

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Renew Economy Saturday, November 8, 2025 - 07:45 Source
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Your Democracy Saturday, November 8, 2025 - 06:55 Source

 

Foreign Minister Sergey Lavrov's interview with Ultrahang Youtube Channel, Moscow, October 26, 2025

Question: Thank you, Mr. Foreign Minister, thank you for giving us your time.

Sergey Lavrov:  My pleasure.

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Your Democracy Saturday, November 8, 2025 - 05:44 Source

 

Moves to restrict just what journalists can report on defence and intelligence matters are underway – and journalists need to get up to speed fast.

Documents obtained by Declassified Australia show that following the June 2019 Federal Police raids on the ABC and News Corp, the Department of Home Affairs began secret efforts to revive a four-decade dead system to censor the Australian media.

 

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Your Democracy Saturday, November 8, 2025 - 05:04 Source

Ever notice that Western foreign interference hysteria inherently presumes that everyone in the general population is just a giant baby?

The observation really leaped out during a court case last week in Paris. Russia was tried in absentia, by headline and soundbite, in what’s being called a “Russian interference case.” The problem? The three Bulgarians actually present in the Paris courtroom weren’t charged with Russian interference.

 

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MacroBusiness Saturday, November 8, 2025 - 00:05 Source

International Reading: Tesla shareholders approve Elon Musk’s $1 trillion pay package – CNN ‘As Ugly and Cruel As It Gets’: Trump Fights Order to Fully Fund November SNAP Benefits – Common Dreams The US national debt has just passed $38 trillion — and economists say they might never recover – News.com Tariff refunds are now

The post Weekend Reading and MB Media Appearances appeared first on MacroBusiness.

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Your Democracy Friday, November 7, 2025 - 18:34 Source

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Renew Economy Friday, November 7, 2025 - 17:46 Source
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MacroBusiness Friday, November 7, 2025 - 16:30 Source

Asian equities are not doing well as markets start agitate over AI amid tonight’s looming US jobs report with the recent strength in the USD about to be tested. Continued volatility over trade wars amid the challenge to the Trump regime’s tariffs in the US Supreme Court are not helping either. The Australian dollar remains

The post Macro Afternoon appeared first on MacroBusiness.

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THE BLOT REPORT Friday, November 7, 2025 - 16:05 Source

As conservative commentator David Frum said several years ago: If conservatives become convinced that they can not win democratically, they will not abandon conservatism. They will reject democracy”1.

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Renew Economy Friday, November 7, 2025 - 15:14 Source
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Renew Economy Friday, November 7, 2025 - 14:12 Source
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Renew Economy Friday, November 7, 2025 - 14:00 Source
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MacroBusiness Friday, November 7, 2025 - 14:00 Source

When the Luxon government came to power in late 2023, it came with a promise to reinstate negative gearing as it previously was and reduce the holding period required for an investment property to be sold tax-free. Under the Ardern government, the duration an investor was required to hold a property for the gains to

The post New Zealand property investor demand rockets appeared first on MacroBusiness.

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Renew Economy Friday, November 7, 2025 - 13:56 Source
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Renew Economy Friday, November 7, 2025 - 13:33 Source
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MacroBusiness Friday, November 7, 2025 - 13:30 Source

Australians have suffered the deepest decline in real wages in recorded history. As of the June quarter of 2025, Australian real wages were tracking 6.0% below their June 2020 peak, at roughly the same level as December 2011. The Reserve Bank of Australia (RBA) released its Statement of Monetary Policy (SoMP) this week, which contains

The post Australia’s real wage depression appeared first on MacroBusiness.

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Renew Economy Friday, November 7, 2025 - 13:28 Source
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MacroBusiness Friday, November 7, 2025 - 13:00 Source

The US jobs market is being buffeted by a number of forces. reduced government spending; tarrif shocks to margins recouped through labour efficiencies; investment uncertainty owing to the orange madman; and AI. The BLS labour market data is still down, but Revelio has a decent correlation with the NFP (roughly 0.75%), and it just printed

The post AI job shock begins in America appeared first on MacroBusiness.

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MacroBusiness Friday, November 7, 2025 - 12:30 Source

The Reserve Bank of Australia (RBA) released its Statement of Monetary Policy (SoMP) this week, which revised its medium-term unemployment rate forecast to 4.4%, up from 4.3%. As illustrated below by Alex Joiner from IFM Investors, the RBA’s unemployment rate forecast to the end of 2027 is below the current unemployment rate of 4.5%: Thus,

The post RBA still delusional on unemployment appeared first on MacroBusiness.

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MacroBusiness Friday, November 7, 2025 - 12:00 Source

The Deloitte Investment Monitor for the September quarter is out. Releasing the latest edition of the quarterly Investment Monitor report, Deloitte Access Economics Partner and lead author, Stephen Smith, said: “The value of projects in the Investment Monitor database is just under $1.2 trillion in September, which is 7% higher than a year ago. “As

The post Infrastructure winddown exacerbates jobs bust appeared first on MacroBusiness.

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Renew Economy Friday, November 7, 2025 - 11:51 Source
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Renew Economy Friday, November 7, 2025 - 11:42 Source
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