Blogotariat

Oz Blog News Commentary
The Australian Independent Media Network Wednesday, March 27, 2024 - 09:11 Source

By Bert Hetebry Stan Grant points out in his book The Queen is Dead that “… I cannot but see in China what White nations have done the world over. Genocide is genocide. Under their flags, nations committed to Whiteness have erased entire populations, mine included. They have not been held to account. No, genocide…

The post Does God condone genocide? appeared first on The AIM Network.

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MacroBusiness Wednesday, March 27, 2024 - 09:00 Source

Overnight saw another weak session for Wall Street despite some solid domestic data as consumer confidence fell back slightly but still higher than expectations with European stocks leading the way instead on the lower Euro. The USD rose slightly against all the currency majors with the Australian dollar still struggling as it failed to make

The post Macro Morning appeared first on MacroBusiness.

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THE BLOT REPORT Wednesday, March 27, 2024 - 08:55 Source
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MacroBusiness Wednesday, March 27, 2024 - 08:54 Source

Another one bites the dust: A national building company that collapsed earlier this month owes $29.7 million to creditors. News.com.au previously reported that a group of companies linked to a major building firm with construction sites spanning across four Australian states had gone into administration and had paused all work. Rork Projects (Holdings) Pty Ltd, Rork

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Renew Economy Wednesday, March 27, 2024 - 08:02 Source
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MacroBusiness Wednesday, March 27, 2024 - 08:01 Source

DXY was stable: AUD fell: North Asia is hanging on: Oil and gold eased: Metals meh: Big miner’s headed for big retest: EM yawn: The junk bull gallops on: Yields eased: Stocks too: Credit Agricole says it’s all about Taylor Swift: The PBoC beginning to stand in the way of further CNY weakness by fixing

The post Australian dollar rocked by Taylor Swift appeared first on MacroBusiness.

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Renew Economy Wednesday, March 27, 2024 - 07:03 Source
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Your Democracy Wednesday, March 27, 2024 - 05:31 Source

London High Court Ruling Considered 'Triumph' for Assange But Battle Far From Over

The court has allowed WikiLeaks founder Julian Assange to continue to challenge the decision on his extradition to the United States in UK courts. What does this mean for Assange's legal fight?

Julian Assange will not be extradited immediately to the US, a London High Court has ruled.

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MacroBusiness Wednesday, March 27, 2024 - 05:23 Source

Rebar and SGX futures were belted yetserday: Dalain was hit hard but hung on desperately overnight: This baby is about to break: That is 10% lower than the same week last year. The chart. Worse, inventories rose despite output cuts. Fingering weak end-user demand as the driver. Ready yourself for a deluge of Chinese steel

The post Iron ore resumes five year fall to $20 appeared first on MacroBusiness.

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Your Democracy Wednesday, March 27, 2024 - 04:55 Source

In October 2011, Keir Starmer was asked by a human rights group and law firm to issue an arrest warrant for former Israeli foreign minister Tzipi Livni, who was visiting London, over alleged war crimes.

Starmer was then Director of Public Prosecutions (DPP) at the Crown Prosecution Service (CPS). But two days later, he blocked the application for Livni’s arrest, citing a Foreign Office decision to grant her visit “special mission” status.

 

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Your Democracy Wednesday, March 27, 2024 - 04:00 Source

When Russians went to the polls on March 17 to 19, it was less an election than an acclamation. 

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MacroBusiness Wednesday, March 27, 2024 - 00:10 Source

Within the present flux of Australian ideologies, the one worldview I struggle to identify with most is that dogging Millennials. At least within their media representatives, the progressive mindset that defines the generation appears to be the culmination of decades of Hegelian dialectical evolution. Hegel’s thesis of master and slave philosophy proposes (rightly, in my

The post Who brainwashed the Millennials? appeared first on MacroBusiness.

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MacroBusiness Wednesday, March 27, 2024 - 00:05 Source

Abul Rizvi posted the below Tweet on Monday noting that international students in Australia likely hit an all-time high 700,000 in February: This follows net permanent and long-term arrivals smashing records in January, pointing to even higher net overseas migration: Newly released data from the Department of Education shows that there were a record 582,636

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Renew Economy Tuesday, March 26, 2024 - 20:48 Source
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The Australian Independent Media Network Tuesday, March 26, 2024 - 17:26 Source

Oxfam Australia Media Release   As Yemen enters its tenth year of war, its people face renewed airstrikes and a deepening economic crisis that risks pushing millions into starvation, Oxfam has warned today. Today marks nine years since the escalation of the conflict. A temporary UN-brokered truce expired in 2022 and, whilst it has largely held,…

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Your Democracy Tuesday, March 26, 2024 - 17:16 Source

MOSCOW (Sputnik) - Russia has lodged a demarche with the Australian Charge d'Affaires in Moscow over the distribution of false information by the embassy in connection with the presidential election in the country, the Russian Foreign Ministry said on Monday.

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The Australian Independent Media Network Tuesday, March 26, 2024 - 17:14 Source

Community Housing Industry Association Media Release   An additional 2,090 homes housing more than 4,000 young people experiencing homelessness could be built by drawing on $1 billion already set aside by the Commonwealth, according to new modelling that will be presented to federal politicians in Canberra today. The money was allocated last year to the National Housing Infrastructure…

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MacroBusiness Tuesday, March 26, 2024 - 17:00 Source

Asian share markets are still absorbing the outcome of last week’s volatility without a solid lead from Wall Street as the USD and bond yields continue their see-saw inversion. The still relatively high USD continues to weigh on risk sentiment as the Australian dollar has remained depressed just above the 65 handle. Oil prices are

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Tuesday, March 26, 2024 - 16:33 Source
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Renew Economy Tuesday, March 26, 2024 - 14:41 Source
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Renew Economy Tuesday, March 26, 2024 - 14:39 Source
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MacroBusiness Tuesday, March 26, 2024 - 14:00 Source

On Monday, Newspoll released polling showing that Labor’s primary vote had collapsed to a record low: Now, Roy Morgan has released polling showing that the Coalition and Labor are neck-and-neck at 50% on a two-party preferred (TPP) basis, while the Coalition is ahead 38% to 31.5% on primary vote. “Support for the ALP was down

The post Another poor poll for Albo’s Labor appeared first on MacroBusiness.

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Your Democracy Tuesday, March 26, 2024 - 13:53 Source

The US and the EU support Ukraine not because they love the Ukrainian people, but because this serves their geopolitical interests, the EU foreign policy chief Josep Borrell told CNN on Monday.

Appearing on Christiane Amanpour’s show, Borrell repeated the assertion of Brussels and Washington that Ukraine was not in any way involved in the Crocus City Hall terrorist attack in Moscow, and urged the US to pass the $60 billion aid package for Kiev.

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MacroBusiness Tuesday, March 26, 2024 - 13:30 Source

The disastrous Guardian is at it again with a whole series on how negative gearing and capital gains tax concessions “screwed Millennials” out of housing. This is true, and the 1990s halving of the capital gains tax should be reversed. Scrap negative gearing too! But this still won’t fix housing and will worsen it in

The post Millennials throw themselves out of housing appeared first on MacroBusiness.

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MacroBusiness Tuesday, March 26, 2024 - 13:24 Source

Westpac with the note. The Westpac Melbourne Institute Consumer Sentiment Index declined 1.8% to 84.4 in March, from 86 in February. Last month we saw some promising signs that the consumer gloom that has dominated over the last two years might finally be starting to lift. The March survey update shows that progress continues to

The post Consumers resolutely negative appeared first on MacroBusiness.

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The Australian Independent Media Network Tuesday, March 26, 2024 - 13:10 Source

Two British ministers, the UK Foreign Secretary David Cameron and Defence Secretary Grant Shapps, paid a recent visit to Australia recently as part of the AUKMIN (Australia-United Kingdom Ministerial Consultations) talks. It showed, yet again, that Australia’s government loves being mugged. Stomped on. Mowed over. Beaten.  It was mugged, from the outset, in its unconditional…

The post The AUKUS Cash Cow: Robbing the Australian Taxpayer appeared first on The AIM Network.

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MacroBusiness Tuesday, March 26, 2024 - 13:00 Source

Bank lending is up and away in the US:   Given that we haven’t even had rate cuts, we might ask if the Fed matters. TSLombard: Higher interest rates have proved a lot less destructive than investors feared in 2022, when the world’s central banks embarked on one of the most aggressive episodes of monetary

The post Why didn’t rate hikes kill the economy? appeared first on MacroBusiness.

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Renew Economy Tuesday, March 26, 2024 - 12:39 Source
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MacroBusiness Tuesday, March 26, 2024 - 12:31 Source

The Australian Bureau of Statistics (ABS) has released capital city population data for the 2022-23 financial year, which revealed that Australia’s capital cities grew by a record 517,200 to just shy of 18 million people: Australia’s capital city population has grown by a whopping 5.5 million people (44%) since 2001. The next table from the

The post Capital city renters buried under population deluge appeared first on MacroBusiness.

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Your Democracy Tuesday, March 26, 2024 - 12:22 Source

A bold, provocative reckoning with our current political delusions and dysfunctions.

Ever since its publication in 1651, Thomas Hobbes's Leviathan has unsettled and challenged how we understand the world. Condemned and vilified by each new generation, his cold political vision continues to see through any number of human political and ethical vanities.

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