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Renew Economy Monday, April 27, 2015 - 12:35 Source

7 of the “ideas and developments” that have already helped these cleantech solutions break through big barriers, and/or will help them get to the next stage.

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MacroBusiness Monday, April 27, 2015 - 12:19 Source

The big iron short squeeze continues today in the equity market but it’s a bit of fizzer versus the underlying price. BHP has only managed to flop up 1.5% as it’s $500m Singapore tax shifting comes hope to roost and RIO is also under-performing London up only 2%.  FMG is again the standout as it flies

The post Iron ore miners balk at dead cat appeared first on MacroBusiness.

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MacroBusiness Monday, April 27, 2015 - 12:08 Source

By Leith van Onselen Business Spectator’s Victoria Thieberger has penned an article today spruiking the great boom in services exports which can apparently more than offset the commodity bust: Earnings from services exports last year totalled $59 billion, a little less than the $66bn earned from iron ore exports, and are growing quickly. The rise

The post More sell ‘em services delusion appeared first on MacroBusiness.

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Prosper Australia Monday, April 27, 2015 - 12:03 Source

Prof Michael Hudson on the Ancient Near East by Renegadeeconomists on Mixcloud 04/01/2015 An interview on the new Michael Hudson book – Labor in the Ancient World, the latest in the series on the Ancient Near East, co-edited with Piotr Steinkeller.  Karl: Welcome to the Renegade Economists with your host, Karl Fitzgerald. This week we’re stepping back […]

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Jack the Insider Monday, April 27, 2015 - 12:03 Source

LAST week Environment Minister, Greg Hunt, announced the winners of the Carbon Abatement Fund, the bright, shining light of the Abbott government’s Direct Action policy.…

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MacroBusiness Monday, April 27, 2015 - 11:56 Source

From MNI via Forexlive: Ma Jun, chief economist of the research bureau under the PBOC: Says recent PBOC deposit reserve and interest rate cuts were not meant to create a strong stimulus effect Simply to maintain a neutral monetary policy position Said capital inflows no longer providing funds for the Chinese economy, liquidity could be

The post PBOC: We’re not stimulating appeared first on MacroBusiness.

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New Matilda Monday, April 27, 2015 - 11:51 Source

Media companies use staff Twitter accounts for marketing, then turn on employees when things go wrong, says the MEAA. Max Chalmers reports.

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The Australian Independent Media Network Monday, April 27, 2015 - 11:38 Source

The Abbott government suffers from a bad case of premature congratulation.

We have had a parade of Hockey, Cormann, Frydenberg, Abbott and others telling us that they have halved Labor’s debt – which is a rather bizarre claim considering the gross debt has increased by $83 billion (and counting) since they took office.

Joe Hockey tells us that “job creation across the economy is running at around 15,000 new jobs a month. This is three times larger than the average of around 5,000 jobs a month last year.”

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MacroBusiness Monday, April 27, 2015 - 11:32 Source

From Morgan Stanley: What’s Puzzling You? Peak multiples and arguably peak earnings for the ASX 200 leave us cautious on the outlook for Australian Equities. Our Index Target remains below current levels but we acknowledge that the benchmark could trade above this in the short term whilst Yield compression buffers the reality of negative earnings momentum. Index Target Update: We update

The post Morgan Stanley: ASX past peak earnings appeared first on MacroBusiness.

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Table Talk: Bob Ellis on Film and Theatre Monday, April 27, 2015 - 11:15 Source

My friend Rob McLachlan, with whom I wrote the Chifley play a Local Man, is a Canadian-born Bathurst resident and local historian and a fierce fan of a local boy, Charles Bean, the war historian, and I emailed him, saying:

From Bob Ellis

I’ve now seen Deadline Gallipoli twice. What did you think of it?

And Rob replied, saying:

Hello Bob,

I don’t have cable vision (or anything but “free to air”) television, so I can’t comment. Sorry. I live in a different world. However, I did see at the National Film and Sound Archives a most interesting documentary that you should try to see – if at all possible.

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MacroBusiness Monday, April 27, 2015 - 11:09 Source

The Sauce may be a grab bag of disaffected student nut-jobs but they are much better at analysing iron ore dynamics than the MSM. Take this: Strongman Iron, Australia’s fourth largest iron ore producer, will mothball its entire Pilbara operations this week, as iron ore prices continue to tumble around the globe. Strongman is the

The post Inside Strongman Iron’s meltdown appeared first on MacroBusiness.

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New Matilda Monday, April 27, 2015 - 10:58 Source

White good. Black bad. So says the smiling, congenial host of Channel 7’s Sunrise. And yes, she still has her job.

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MacroBusiness Monday, April 27, 2015 - 10:44 Source

Given the boom in NZ versus the grinding slump in Australia, it’s a great question posed today by UBS: This week saw the release of Q1 inflation data for both Australia & NZ. As has been the case since 2012, inflation in NZ continues to be well below that for Australia, at 0.1% y/y in Q115, compared

The post Why is Australian inflation much higher than NZ? appeared first on MacroBusiness.

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Cheeseburger Gothic Monday, April 27, 2015 - 10:29 Source

And that means free shipping if you order with the offer code 'thedave3'

The link is here. I get a royalty top up if you buy from them.

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MacroBusiness Monday, April 27, 2015 - 10:19 Source

By Leith van Onselen The spectacular investor-driven Sydney property bubble is a frequent theme this blog, with home prices there rising by around 35% since June 2013, according to RP Data (see next chart). This rapid lift in housing prices has, of course, been driven by an unprecedented orgy of investor speculation, whose share of

The post NSW government still loving the Sydney bubble appeared first on MacroBusiness.

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Table Talk: Bob Ellis on Film and Theatre Monday, April 27, 2015 - 10:04 Source

I’ve completed my review of Deadline Gallipoli, and will put up any other assessment of it respondents want to send in. I will also put up any responses on Gallipoli, a big subject, that seem to me worthwhile. The first …

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xkcd.com Monday, April 27, 2015 - 10:00 Source

Although right now I'm more excited about ESPRESSO's radial velocity measurements, so I'm listening to This Kiss, her song about measuring "centrifugal motion" on "a rooftop under the sky".

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Harrangue Man Monday, April 27, 2015 - 09:56 Source

I can't eat cheese anymore, not since my adult-onset of allergy to the A1 protein in milk.But theBoy had leftover grated cheese in a side bowl.I had a pinch ... and another small pinch a half hour later. It was like taking negative medicine (do NOT take two spaced 30 minutes apart).The onset of gas was quick and within a short time I was cooking off every two to ten minutes. I couldn't get to sleep before one am.Then, in the morning, two shits—ironically spaced 30 minutes apart—that were both painful and fulsome. Cue lots of pain medication.Oh, cheese, you sultry tummy-hurting vixen.

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Popular Science Monday, April 27, 2015 - 09:37 Source

It's a transparent armor so good it might turn the phrase “glass cannon” on its head. The Naval Research Laboratory developed a manufacturing process to reliably make a strong, transparent ceramic that also allows infrared cameras to look through it, which most commercial glass can't do. Now that the process is complete, the NRL is sharing the technology with industry so they can scale it up to make giant sheets of transparent, lightweight, bulletproof clay.

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Popular Science Monday, April 27, 2015 - 09:36 Source

Just days after Oklahoma's government embraced the idea that human actions could, in fact, cause earthquakes, the United States Geological Survey (USGS) released a report outlining how they could potentially map people-induced earthquake hazards.

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Popular Science Monday, April 27, 2015 - 09:36 Source

China and Russia, as part of closer strategic ties, have finalized a long-awaited deal for very long range S-400 surface to air missile (SAM) system. The deal is not only the largest Sino-Russian arms deal in over a decade, but S-400 missile defense capabilities would provide China with a quick missile defense upgrade at the moment neighboring states like North Korea acquire more ballistic missiles, and the U.S. and Japan look to buy stealthy anti-ship missiles.

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Popular Science Monday, April 27, 2015 - 09:36 Source

The normal human response to reports of a deadly shark in the water is to boil the sea, move inland, and spend the rest of one's life in peaceful isolation at the top of a remote desert mountain. (Okay, perhaps that's just me). For Animal Planet's River Monsters show, Jeremy Wade instead goes into the ocean to look for salmon sharks.

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Popular Science Monday, April 27, 2015 - 09:36 Source

In 2013, almost 600,000 people died of malaria, a disease caused by a parasite passed to humans through mosquito bites. But these deaths--mostly among children in Africa--are preventable.

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Popular Science Monday, April 27, 2015 - 09:36 Source

People find all sorts of inventive ways to continue the legacy of their recently deceased relatives. Some start charity funds; others hang on to photographs or old keepsakes. But as Katia Apalategui, a 52-year-old French insurance saleswoman, mourned the death of her father seven years ago, she was inspired to try to capture his scent in a perfume. She teamed up with researchers from the Université du Havre, who have also been working on distilling the human scent.

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Popular Science Monday, April 27, 2015 - 09:36 Source

Falcons are perfected aerial machines, evolved over millennia to be very, very good at being falcons.

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Popular Science Monday, April 27, 2015 - 09:32 Source

North of Norway, the robots wait. From a laboratory on Svalbard, a team of researchers led by Christopher Zappa of Columbia University's Lamont-Doherty Earth Observatory are sending at least two Manta UAVs over the Arctic Ocean. Between Svalbard and Greenland, the drones measure melting ice with every flight to help humans better understand climate change and its impact on the Arctic.

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Popular Science Monday, April 27, 2015 - 09:32 Source

The Progress Eagle is a gigantic concept airliner by designer Oscar Viñals. It's an amazing air transit behemoth, with solar panels and a giant wind turbine, all for a glorious future that may never come to pass.

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Popular Science Monday, April 27, 2015 - 09:32 Source

Like its namesake, DORA was born to explore. Specifically, the robot—which was built by a team of students at the University of Pennsylvania—is designed to be a kind of exploration surrogate, able to move its head with the same speed and flexibility as the human seeing through its eyes. DORA's movements are mapped to an Oculus Rift virtual reality headset, so when the goggle-wearer swivels left, the robot follows suit. It provides something seemingly unprecedented in robotics: telepresence from the neck up.

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Popular Science Monday, April 27, 2015 - 09:32 Source

Crispy cricket tacos, bee larvae sandwiches, banana worm bread--you may already know that bug-based recipes are all the rage lately. But even in the face of evidence that eating bugs is good for the planet, you might still think that insects are icky. According to a team of psychologists and culinary experts, arguments that appeal to your logic aren't going to convince you to ingest insects. Instead, it will require appealing to your taste buds and eyes, making food with bugs simply more enjoyable to eat.

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MacroBusiness Monday, April 27, 2015 - 09:00 Source

I have been stunned at the swiftness at which one tiny shift in BHP’s iron ore expansion plans has morphed into global media tub-thumping for a new iron ore bull market. In my view this is classic bear market rally stuff, stuck looking in the rear vision mirror at yesterday’s boom. Leading the charge is Business

The post Are iron ore miners entering a new bull market? appeared first on MacroBusiness.

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