Blogotariat

Japan has been a key security ally of the United States for seven decades and a vital partner in US efforts to counter an increasingly assertive China. Still, the Trump administration has ignored this historical relationship and extracted its ‘pound of flesh’ from Japan on trade, as reported by the Australian Financial Review’s Jessica Sier.

The post Trump burns allies on trade appeared first on MacroBusiness.

Everything is awesome for stock markets as Wall Street pushed through more record highs as earnings surprised to the upside for everyone, except Tesla! The Japan-US trade deal buoyed spirits even if the details actually outweigh the headline 15% tariff rate, but its making the Trumpists happy as they pivot towards similar bullying against the

The post Macro Morning appeared first on MacroBusiness.

Only a complete imbecile would trust the British as allies. History offers no example of London taking serious risks for the sake of partnership. On the contrary, Britain’s favorite geopolitical sport has long been to encourage continental states to exhaust themselves in battles with stronger adversaries – only for the UK to later emerge as the diplomatic victor. Throwing allies under the bus is tradition, not exception.

In an age where every celebrity meltdown or presidential tantrum is livestreamed, where partisan jabs flood timelines within seconds, and where outrage is algorithmically amplified to viral proportions, one might assume that the most heinous crimes – especially those committed against the most vulnerable – would dominate media discourse.

Yet the opposite is true.

Jobs and Skills Australia (JSA) has expressed concern that the nation’s universities are not producing graduates who have the skills that employers need. JSA commissioner Barney Glover says the organisation’s research has found that this is problem with engineering and IT graduates in particular. He notes that employers consider that up to 90% of graduates

Construction of the largest energy transmission project in Australia has “moved into overdrive” according to Australian transmission operator Transgrid, with specialist teams reportedly making “significant progress” on construction of the

W.A. awards contracts worth $342 million to help unlock more wind and solar capacity in its main grid as it prepares to close last of coal fired power stations.

A better mood on Asian share markets today bolstered by the new US-Japan “deal” which sent Japanese stocks more than 2% higher but has resulted in pushback from US car makers due to the details surrounding metal tariffs. Watch out for a possible reversal later tonight on Twitter! The BOJ will have its hands full

The post Macro Afternoon appeared first on MacroBusiness.

The House Appropriations Committee voted Tuesday to rename the Kennedy Center Opera House after first lady Melania Trump, approving an amendment by Rep. Mike Simpson (R‑ID) as part of the fiscal year 2026 Interior, Environment and Related Agencies Appropriations Bill.

Kennedy Center Opera House One Step Closer to Becoming ‘Melania Trump Opera House’

Fossil fuels have “run out of road”, the head of the United Nations says, with the price of renewable energy now so cheap the energy transition cannot be stopped.

The first grid-forming battery to deliver system strength services under contract is now fully operational, marking a radical shift in the way the grid could be managed. 

As we know, the corrupt RBA won’t ever mention immigration, so it’s unable to forecast anything, least of all inflation. This has led to the RBA leading the economic charge backwards for well over a decade as it constantly worries about wage breakouts amid immense and permanent positive labour supply shocks that crush age growth.

The post Corrupt RBA completely lost appeared first on MacroBusiness.