Blogotariat

Oz Blog News Commentary
MacroBusiness Monday, August 18, 2025 - 09:30 Source

DXY is still trending up but it’s a struggle. AUD is chopping wood for now. CNY is stalled. Oil and gold meh. Metals meh. Miners bear. EM still OK. Junk too. Yields rose. Stocks eased. No news from the Alaska summit. Societe General has a snapshot of AUD technicals. AUD/USD: UP MOVE LIKELY TO EXTEND

The post Australian dollar falls into the Jackson Hole appeared first on MacroBusiness.

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MacroBusiness Monday, August 18, 2025 - 09:00 Source

Friday night saw the release of the latest US retail sales numbers with import prices spiking and consumer inflation expectations rising again, getting traders further worried on Wall Street. The USD was on the ropes against all the majors, with oil prices also pushed slightly lower after stalling all week while Treasuries where sold off

The post Macro Morning appeared first on MacroBusiness.

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Renew Economy Monday, August 18, 2025 - 08:18 Source
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Renew Economy Monday, August 18, 2025 - 08:15 Source
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MacroBusiness Monday, August 18, 2025 - 08:00 Source

The Australian Bureau of Statistics (ABS) claims that international education is Australia’s fourth largest export, earning the country $51 billion in 2023–24. The ABS calculates this fantastical education “export” figure by summing expenditure by student visa holders on tuition fees and goods and services. In 2024-25, the ABS estimated that $30.2 billion was spent by

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Your Democracy Monday, August 18, 2025 - 07:36 Source

Ukraine’s Vladimir Zelensky and several Western European leaders are due in Washington on Monday for talks with US President Donald Trump.

The visit comes after Trump met Russian President Vladimir Putin in Alaska on Friday, in their first face-to-face talks since the escalation of the Ukraine conflict in 2022. Both leaders voiced cautious optimism that the discussions could help move towards a resolution of the hostilities between Moscow and Kiev.

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Your Democracy Monday, August 18, 2025 - 05:55 Source

On March 4, 2018, Sergei Skripal, a 66-year-old former Russian intelligence officer turned British defector was allegedly poisoned with Novichok nerve agent in Salisbury, England, along with his 33-year-old daughter Yulia.

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Your Democracy Monday, August 18, 2025 - 04:44 Source

The Trump-Putin encounter in Anchorage has angered some, disappointed others and baffled many more. Yet it has told us much about the state of the war in Ukraine, and the obstacles to the ending of hostilities.

Anyone wishing to make sense of the event would not have been helped by Trump’s proverbial incoherence and self-promotion. Nor was the banal coverage on offer in much of the Western mainstream media any more helpful.

 

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John Quiggin Monday, August 18, 2025 - 04:39 Source

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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Your Democracy Monday, August 18, 2025 - 04:33 Source

The Republican budget measure that U.S. President Donald Trump signed into law ... contains a provision that analysts say will allow private jet owners to write off the full cost of their aircraft in the first year of purchase, a boon to the ultra-rich that comes as millions of people are set to lose healthcare under the same legislation.

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MacroBusiness Monday, August 18, 2025 - 00:05 Source

A major reason for the decline in Australia’s productivity and living standards is that Australia has grown its population rapidly via mass immigration (i.e., 8.7 million population increase this century, the fastest in the advanced world) but has failed to provide the extra workers with extra tools, machinery, and technology; extra homes for the millions

The post Why Australia’s productivity growth won’t recover appeared first on MacroBusiness.

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Renew Economy Sunday, August 17, 2025 - 23:59 Source
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Your Democracy Sunday, August 17, 2025 - 20:49 Source

News reports about Schwarzenegger's father, Gustav, Nazi links first surfaced in 1990, at which time Arnold Schwarzenegger asked the Simon Wiesenthal Center, an organization he had long supported, to research his father's past.

 

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Your Democracy Sunday, August 17, 2025 - 19:00 Source

The German, UK and French governments want to decide on Sunday whose representative will accompany Volodymyr Zelensky during his visit to Washington on August 18, the German newspaper Bild reported, citing government sources.

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MacroBusiness Sunday, August 17, 2025 - 16:58 Source

By Lucinda Jerogin, Associate Economist at CBA The RBA cut the cash rate by 25bp to 3.60% in a unanimous decision and was widely expected. The Wage Price Index printed broadly in line with expectations, rising by 0.8%/qtr in Q2 25 to be 3.4% higher annually. The unemployment rate retreated to 4.2% in July. The

The post The economic week ahead appeared first on MacroBusiness.

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Renew Economy Sunday, August 17, 2025 - 16:36 Source

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Your Democracy Sunday, August 17, 2025 - 16:00 Source

 

There is a hypothetical alternative version of the 12-minute joint press conference between Vladimir Putin and Donald Trump where the leaders announced they had in fact reached an agreement and it was one that bargained away parts of a country not permitted entry to the negotiating room. 

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MacroBusiness Sunday, August 17, 2025 - 11:57 Source

Last week, the Reserve Bank of Australia (RBA) cut the official cash rate by 0.25% to 3.60%, the third rate cut this year. Recent research from the Australian Financial Review showed that Australian home values typically rise by double-digit rates two years after the beginning of a rate-cutting cycle. This weekend’s preliminary auction results suggested

The post Buyers bull rush Aussie property appeared first on MacroBusiness.

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THE BLOT REPORT Sunday, August 17, 2025 - 10:58 Source

There has been a spate of vandalism and arson of synagogues, cars, a child-care centre, and sundry other sites in the last year or so. Politicians have labelled these attacks as antisemitic and at least some of them may be politically motivated, while the motivation of others is not so clear.

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Your Democracy Sunday, August 17, 2025 - 10:46 Source

Ten years ago ...., the people of Greece voted decisively in a referendum to reject the austerity program that the European Union wanted to impose on them. Yet the Greek prime minister, Alexis Tsipras, soon accepted a deal that was even more punitive.

 

Yanis Varoufakis on the Legacy of Greece’s Oxi Referendum

AN INTERVIEW WITH YANIS VAROUFAKIS

 

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Your Democracy Sunday, August 17, 2025 - 09:47 Source

Based on the original article I published in 2022, in light of the subsequent shift away from “representative democracy,” we need to be clear about what democracy really is. Otherwise, how can we know what we want or what we are willing to defend?

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Your Democracy Sunday, August 17, 2025 - 06:44 Source

The Australian Government risks breaking international law splashing billions in public money on Israel weapons deals. A Stephanie Tran analysis.

The Australian government has funnelled $2.5 billion of taxpayer funds to Israeli arms manufacturers over the past two decades via government contracts.

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Your Democracy Sunday, August 17, 2025 - 05:55 Source

English farmers used controlled burns of gorse 300 years ago. Too hot and dry even for cacti. Urbanisation induces genetic evolution in birds. China powering ahead with the roll out of wind and solar.

 

Peter Sainsbury

Environment: 18th century vicar describes controlled burning in English countryside

 

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Your Democracy Sunday, August 17, 2025 - 04:44 Source

The war in Ukraine will continue and Vladimir Putin has outmanoeuvred yet another US president.

These are the realities arising from the much-heralded meeting here in Alaska between Donald Trump and the Russian leader.

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Your Democracy Saturday, August 16, 2025 - 17:53 Source

Putin shares the view that allowing voters to send in ballots by mail undermines the validity of elections, Trump has told a US private TV broadcaster.

"Vladimir Putin, smart guy, said you can't have an honest election with mail-in voting," Trump told Fox News Channel's "Hannity" after the two leaders met in Alaska. "He said there's not a country in the world that uses it now."

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Your Democracy Saturday, August 16, 2025 - 15:15 Source

The killing of Al Jazeera journalist Anas al-Sharif is shocking but that it is a culmination of planned mass assassination of journalists by the Israeli Government is an outrage.

 

Jeremy Webb

Where is the outrage? Israel's systematic mass assassination of journalists

 

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Renew Economy Saturday, August 16, 2025 - 09:26 Source
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Your Democracy Saturday, August 16, 2025 - 08:18 Source

Richard Werner discussed three different views of banking during his appearance on the Tucker Carlson show:

  1. The financial intermediation theory;
  2. The fractional reserve theory (which includes the “money multiplier”);
  3. The credit creation theory

 

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Your Democracy Saturday, August 16, 2025 - 08:09 Source

DEAL-MAKING COULD BE THE MOST IMPORTANT CHARACTERISTIC OF HOMO SAPIENS — MORE THAN INVENTING THE WHEEL OR WHATEVER. WHEN GORBACHEV DECIDED TO "MAKE THE USSR GIVE UP THE COLD WAR", INSTEAD OF A SITUATION WHERE WE KILL YOU IF YOU TRY TO KILL US, THE DEAL BECAME LOPSIDED: THE WINNER OF THE COLD WAR WAS NOT GOING TO BE "NICE"... IT'S THE BASEST HUMAN NATURE: WE WIN THE RIGHT TO RAPE YOU... AND THE WEST TRIED TO DO THIS TO RUSSIA UNTIL PUTIN CAME ALONG....

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Your Democracy Saturday, August 16, 2025 - 06:19 Source

In 1867, the Russian empire sold Alaska to the US for $7.2 million. Perhaps the location of the upcoming summit between Donald Trump and Vladimir Putin is a nod and a wink to such a great deal? Maybe Putin will like Alaska so much he will have seller’s remorse? 

 

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