Blogotariat

The Westpac credit card tracker makes the point. The Westpac Card Tracker Index* declined 1.9pts over the two weeks to April 6. At 133.7, the latest Index read is only slightly above the low seen at the start of March. While quarterly growth momentum is still positive, and materially improved on the weakness seen around

The post Aussie consumer buckles anew appeared first on MacroBusiness.

There’s no landing for the Mag7. The Market Ear. Same old bull trend in Mega Cap Tech stocks US mega cap tech stocks marching on. Here presented vs Russell 2000. GS Hiding in the Magnificent You look away for a second and then investors have piled back into Mag7 and pushed exposure back to record

The post No landing equals hard landing for stocks appeared first on MacroBusiness.

By James Moore   The first criminal trial of an American president is likely to bring more division, and even suffering, to the country he proposes to once more lead. The salaciousness of the story that has brought him before the bar of justice will further demean the highest office in the land, which tends to…

The post What kind of an American are you? appeared first on The AIM Network.

German Defense Minister Boris Pistorius has claimed that Russian President Vladimir Putin, like Nazi dictator Adolf Hitler, “will not stop once the war against Ukraine is over.” The German government, meanwhile, continues to arm neo-Nazi units in Ukraine.

“Putin will not stop once the war against Ukraine is over,” Pistorius said in Berlin on Wednesday, at the launch of a book on Britain’s wartime prime minister, Winston Churchill.

Liberal democracies remain shamefully complicit with Israel, despite its ongoing genocide against the Palestinian people.

Students of world politics have long understood that when it comes to the strategic interests of leading states, international law is marginalised unless it is useful in waging a propaganda war against adversaries.

Helloooooo Japan: The stock of aggregate financing, a broad measure of credit, expanded 8.7% from a year ago, the slowest pace on record since the data began in 2017. Financial institutions offered 3.1 trillion yuan worth of new loans, according to Bloomberg calculations based on data released by the People’s Bank of China on Friday, less than the 3.6

The post Chinese credit Titanic sinks appeared first on MacroBusiness.

Negotiations between Germany and Russia are possible but only after Moscow gives up on its goals in the Ukraine conflict, Chancellor Olaf Scholz said on Saturday. The German leader told the newspaper TAZ that he would only talk with President Vladimir Putin if Russia “abandoned” its campaign.

It seems Prime Minister Anthony Albanese does. In Brisbane this week he announced that the ALP Government would be considering legislation that would bring some high technology manufacturing back to Australia. While some of us may be pining for the return of the ‘Aussie designed and made’ Holden or Ford, along with the Lightburn fridge,…

The post Remember when they had vision appeared first on The AIM Network.

While the Australian government continues to pirouette with shallow constancy on the issue of Israel’s war in Gaza, making vacuous utterances on Palestinian statehood even as it denies supplying the Israeli Defense Forces (IDF) with weapons (spare parts, it would seem, are a different, footnoted matter), efforts made to unearth details of the defence relationship…

The post Secret Agreements: The Australian-Israel Defence Memorandum of Understanding appeared first on The AIM Network.

In the document (45 pages) of August 31, 2022 following an investigation in Xinjiang by the UN High Commissioner for Human Rights (OHCHR), chaired by Michelle Bachelet, the word “genocide” does not appear once. times.

Retired UK general Sir Richard Barrons has told the BBC that there is “a serious risk” of Ukraine losing the conflict with Russia this year. With ammunition and manpower running low, Barrons warned that Ukrainian forces may be unable to hold back a major Russian offensive this summer.

Following a knife attack at the Bondi Westfield shopping centre which has resulted in the deaths of seven people, including the killer, Prime Minister Anthony Albanese and Federal Police Commissioner Reece Kershaw have held a press conference. The dead include the mother of a nine-month old baby who was also stabbed in the attack. The killer, a lone male, was shot dead by a NSW Police Inspector who was the first police officer to arrive on the scene. Watch PM Albanese and Federal Police Commission Kershaw’s press conference (8m):