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What a bloody mess we're weavingwhen the truth is all-deceivingDogs wag tails, tails wag dogsWould-be could-be Hitler blogsMaybe truth comes from within

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by Chris Becker In short, nyet. The crypto lovers are going ga-ga over “news” that Russia, under “enormous pressure” by US sanctions after liquidating its very modest US Treasuries portfolio, will now diversify into Bitcoin. From ZH, where the cycle has hit the apex: According to Vladislav Ginko, an economist at the state-funded Russian Presidential

The post Will Russia save Bitcoin? appeared first on MacroBusiness.

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The Cave 15.1.2019 Rahaf Mohammed Al-Qunun   “Imagine a cave,” Socrates asks of Glaucon, his most loyal acolyte and Plato’s big brother. “Alright,” says Glaucon. “Now imagine a line of people[1],” continues Socrates. “They are manacled at the wrists and neck and so are forced to seat there in that same spot all the time,…

The post The Cave appeared first on The AIM Network.

Terregra Renewables has appointed Balance Utility Solutions as the EPC contractor for the 5MW Mobilong Solar Farm.

The post Terregra appoints Balance as solar EPC contractor appeared first on RenewEconomy.

Hawaii utility announces seven grid-scale solar-plus-storage projects to add approximately 262MW of solar energy and 1,048MWh of energy storage to the islands.

Elizabeth Knight has a look today at impact investing and millennials: Whether or not you subscribe to the view that today’s youth are an entitled, smashed avocado-eating, device-obsessed group, it won’t be that long before they move from being just consumers to being investors. And this they will do very differently from their parents and grandparents.

The post Impact investing is bullshit appeared first on MacroBusiness.

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by Chris Becker With Japanese markets reopening today but the Brexit vote later tonight, markets are pushing a risk-on mood with stocks up: S&P futures are spiking, up 0.5% or more: And risk proxies Aussie dollar and US Dollar/Japanese Yen (USDJPY) also lifting: The PBOC has fixed the Yuan at about where it was yesterday

The post Australian dollar steady as markets await Brexit appeared first on MacroBusiness.

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By Leith van Onselen Last year, Labor launched its Investment Guarantee, which would see “all businesses in Australia will be able to immediately deduct 20 per cent of any new eligible asset worth more than $20,000, with the balance depreciated in line with normal depreciation schedules from the first year”. The policy appears to have

The post Business backs Labor’s 20% asset write-off appeared first on MacroBusiness.

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By Leith van Onselen Last month, the Morrison Government stacked the board of the Fair Work Commission (FWC) with business interests, thus ensuring that it remains a ‘toothless tiger’: The Australian can reveal that Jobs and Industrial Relations Minister Kelly O’Dwyer has ­appointed six new deputy presidents — including four who have worked directly for employer

The post Civil war breaks-out at Fair Work over Coalition business appointees appeared first on MacroBusiness.

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After being dropped by virtually every media outlet in the country, Mark Latham is aiming to return to what he (thinks he) knows best – sucking on the public teat. After finishing an economics degree, Latham was elected to the Liverpool City Council at age 26, becoming mayor at age 30.  At 33, he was…

The post Rather than public office, Mark Latham should seek help appeared first on The AIM Network.

By Leith van Onselen A special Roy Morgan survey taken in mid-December shows 44% of Australians think 2019 will be ‘better’ than 2018, 32% say 2019 will be ‘the same’, only 14% say 2019 will be ‘worse’ and 10% don’t know. Australians are far more positive about 2019 than they were a year ago when

The post Aussies hopefull 2019 will be a better year appeared first on MacroBusiness.

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By Leith van Onselen L-plate Treasurer, Josh Frydenberg, is now claiming that low and middle-income earners would bear the brunt of Labor’s proposed capital gains tax reforms. According to Frydenberg, some 194,000 so-called middle-income earners had a capital gain in 2016, compared with just 70,635 people whose taxable income exceeded $180,000. From The Australian: “Bill Shorten is proposing

The post Frydenberg spins more lies against Labor’s capital gains tax policy appeared first on MacroBusiness.

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It was reported yesterday that independent MP Cathy McGowan will retire from her seat of Indi at this year’s federal election.

She will be hoping to be succeeded by rural health researcher Helen Haines, who has been endorsed by Voices for Indi, the community group who supported McGowan in winning Indi off the Liberal Party’s Sophie Mirabella in 2013.

There is very little history of independent MPs successfully handing over their seat to a fellow independent, with so much of the appeal of an independent being locked up in that individual. But there are some reasons to think this could be an exception.