Blogotariat

As a child of the Cold War, action movie star Steven Seagal told RT that he was taught to fear Russia, but that visiting his grandparents’ homeland made him realize that it was home to some of the “deepest and most beautiful culture on Earth.” 

Born in Michigan at the dawn of the Cold War in 1952, Seagal said that he was “raised in a Russian household,” but that his parents soon instructed his grandparents not to speak Russian around him.

US Federal Reserve rate cuts are still coming, in my view, but keep getting pushed back. Goldman: In a speech this evening, Governor Waller said that he is “going to need to see at least another couple more months of inflation data before I can judge whether January was a speed bump or a pothole”

The post RBA and Fed neck and neck to first rate cut appeared first on MacroBusiness.

Most Germans are dissatisfied with Berlin’s policies regarding Ukraine, according to a new survey. Many believe the government is doing too much for Ukrainians that arrived in Germany after the start of the conflict between Moscow and Kiev, while not doing enough to help end the fighting, a poll conducted by INSA polling institute for the tabloid Bild shows.

By Denis Bright   The hopeful possibilities of reaching out to build a better future for Australians and for our peaceful regional neighbours are under challenge across the political spectrum from more opportunistic political goals. There are possibilities of a return to more social democratic agendas through better policy management in our existing market economy. The…

The post Destabilizing Australia: Will the LNP’s Culture Wars Be Victorious? appeared first on The AIM Network.

I see that aviator jackets are back. Specifically, fleece-lined bomber jackets, the sort of thing a chap would wear to climb into his Lancaster or B17 before popping over the channel to drop a bit of payback on of Mr Hitler's minions. Apparently, it's because of Masters of the Air.

Andrew Forrest says Coalition needs to stop the "bull dust" about nuclear energy being the "fairy godmother" to the energy transition.

Over the last month, we have witnessed several major New Zealand banks become more hawkish on interest rates, despite clear signs that the economy is weakening and inflation is easing. ANZ is particularly hawkish, tipping that the Reserve Bank will hike the official cash rate (OCR) by 0.25% at both its February and April meetings.

The post Reserve Bank confronts recession economy appeared first on MacroBusiness.

ANZ Bank senior economist Adelaide Timbrell says higher mortgage interest rates appear to have weighed on house price growth in Sydney and Melbourne in recent months. She adds that this trend is likely to continue in early 2024. The bank has downgraded its house price growth forecast for Sydney in 2024 to 4-5%, compared with

The post Australian house prices turn two-speed appeared first on MacroBusiness.

Figures to be released by the Interactive Advertising Bureau show that online advertising market spending rose by just 3.7% in 2023, increasing from $14.19 billion to $14.72 billion. It was the slowest rate of growth in online advertising since 2020, with interest rates impacting expenditures by advertisers. According to industry sources, uncertainties about interest rates

Turnbull family-owned company wins tender to pursue plans for two pumped hydro projects promising to deliver long duration storage in NSW coal heartland.

CBA economist, Stephen Wu, has released the bank’s preview of the January inflation indicator, scheduled for release on Wednesday by the Australian Bureau of Statistics (ABS). CBA forecasts that the ABS CPI Indicator will record a 3.5% rise in January, up slightly from 3.4% in December. Wu notes that “housing is expected to remain the

The post Housing inflation haunts RBA appeared first on MacroBusiness.

God save us from the iMSM and Ronald Mizen: Confidential Treasury analysis shows decade high wages growth that has pushed the average fulltime salary above $100,000 is now the biggest driver of consumer price inflation, undercutting claims widespread corporate profit gouging is to blame. Pay rises overtook import prices and supply shocks to form the

The post Treasury shares crack pipe with RBA appeared first on MacroBusiness.

Australia’s biggest toll road operator, Transurban, reported a net profit of $230 million for the six months ended December 2023, more than quadrupling its previous corresponding result. Traffic on Transurban’s toll roads also increased by 1.2% in Sydney, 2.6% in Brisbane, and 2.3% in Melbourne. Twitter (X) user Peter Morgan questioned why Transurban has been