Blogotariat

By Denis Hay Description: Explore Labor and LNP cooperation, how bipartisan deals harm democracy, and how Australia can reform using monetary sovereignty. Introduction The Australian Labor Party has long stood as the champion of workers and the underprivileged. Yet, in recent years, it has become increasingly common to see Labor aligning with the Liberal National…

The post Labor and LNP Cooperation in Unpopular Policies appeared first on The AIM Network.

The West is essentially using Ukraine as a tool to fight Russia, former UK Prime Minister Boris Johnson has admitted, insisting that it should not hold back on arming Kiev.

In an interview with the Daily Telegraph on Thursday, Johnson chastised the West for what he sees as a lack of resolve in supporting Ukraine, stressing that it should set aside concerns about potential escalation.

DXY has finally flamed out and is consolidating at the top of its range. EUR the reverse. AUD is not bouncing hard. The market is prematurely long. JPY is bouncing on rate hopes but the CNY smash lies ahead. Oil is hanging on for grim death. I expect to lose the struggle eventually. Gold ain’t

The post Australian dollar stumbles toward tariff cliff appeared first on MacroBusiness.

MOSCOW (Sputnik) - French President Emmanuel Macron has guaranteed Israeli Prime Minister Benjamin Netanyahu immunity from the International Criminal Court (ICC)'s arrest warrant in exchange for a role in ceasefire talks in Lebanon, Le Point news magazine reported on Friday.

With Oreshnik now entering the picture, everywhere the Hegemon will try to harass China they will also have to face Russia.

International Reading: Trump tariffs would increase the price of cars made by US automakers by over $2K: Wells Fargo – Business Insider Elon Musk wants to ‘delete’ a federal agency designed to prevent another financial crisis and protect people from scams – Yahoo Elon Musk publicized the names of government employees he wants to cut.

The post Weekend Reading and media appearances appeared first on MacroBusiness.

Russian President Vladimir Putin has apologized to Angela Merkel for bringing his pet dog to their meeting 17 years ago, dismissing the former German chancellor’s claims that he wanted to make her feel uncomfortable on purpose.

Black labrador Koni briefly joined Putin and Merkel during their meeting in Sochi, Russia in 2007. Merkel, who is afraid of dogs after being reportedly bitten by one in 1995, later said that she felt uneasy by the presence of Putin’s dog in the room. 

‘Many countries in the Global South are bitterly disappointed’Not a failure, but certainly a disappointment: Yvonne Blos from Baku on the results of COP29, the fight for climate finance and hopes for next year...

This interview was conducted by Alexander Isele.

Charles Darwin University Media Release A First Nations conservation and land management program from the Northern Territory is playing a key role in saving the national bird of the Philippines, the critically endangered Philippine eagle. A group of Philippine rangers and Indigenous leaders have been in Gove this week taking part in extensive field work and learning on Country with Yolŋu rangers…

Deutsche with an excellent wrap. 1. Free trade agreements (FTAs) are not safe. Canada and Mexico are part of the USMCA which was negotiated by Trump himself. It is clear that even countries with existing agreements with the US can be subject to tariffs. See here for our analysis on who is most vulnerable. 2. Right after

The post Trump tariffs to intensify appeared first on MacroBusiness.

CoreLogic released its final auction results for last weekend, which were universally weak. As illustrated below, clearance rates were below 60% across all capital cities except Perth. Holding below the 60% mark for the sixth consecutive week, the combined capital city clearance rate was 57.3% last week, the same as the previous week (57.3%). Melbourne’s

The post Fading auction market drags house prices lower appeared first on MacroBusiness.

Former Home Affairs Minister Clare O’Neil lamented that Australia’s migration system was too temporary and held the country back. “Today, really for the first time in our modern history, our uncapped, unplanned temporary program is the centrepiece and driver of our migration system. This simple fact is the source of huge problems”, she said. “In

The post Temporary visa numbers continue to swell appeared first on MacroBusiness.

Australians are stuck in the most prolonged per capita recession on record, with per capita GDP falling six consecutive quarters and seven times in the previous eight quarters. The International Monetary Fund’s (IMF) latest World Economic Outlook report projected that the Australian economy will grow by only 1.2% in 2024, down from its April forecast

The post Australia’s record per capita recession gets extended appeared first on MacroBusiness.