Blogotariat

Deal to build "first of its kind" hybrid project signals first Australian project for Chinese wind turbine and battery supplier, and heralds plans for giga-scale pipeline.

Another data drive night with Wall Street pushed to record highs amid an expected initial jobless print and a slightly higher than expected retail sales print, which could have been affected by the inflationary push of tariffs.  The USD gained against all the majors except gold with Treasury yields remaining high especially on the long

The post Macro Morning appeared first on MacroBusiness.

A massive new road scheme will solve precisely nothing, while costing the Earth.

By George Monbiot, published in the Guardian 24th June 2025

There appear to be two main determinants of what infrastructure gets built. The first is whether it provides large and lucrative contracts for powerful corporations. The second is whether ministers can pose beside it in hard hats and yellow jackets. Otherwise, it is hard to explain the decisions made.