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Oz Blog News Commentary
MacroBusiness Thursday, August 24, 2017 - 10:30 Source

Oh dear: What is its strategy? I thought it was about muscling into new markets, especially Melbourne? What’s all of this guff about adding value to sundry services? Perhaps it’s because the 15 new offices in NSW and VIC led to shrinking market share in both: If you combined this with the pounding that sales

The post McGrathmaggeddon does it again appeared first on MacroBusiness.

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Popular Science Thursday, August 24, 2017 - 10:23 Source

B vitamins are often sold with the promise of boosting flagging energy levels. But men who smoke might want to skip them, according to a new study in the Journal of Clinical Oncology. While smoking kills some six million people a year, the study found that men who smoked and took large doses of vitamins B6 or B12 significantly increased their risk of lung cancer.

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Popular Science Thursday, August 24, 2017 - 10:23 Source

A graphic reconstruction of the eight-man submarine H.L. Hunley as appeared just before its encounter with the Union ship Housatonic, which it sunk.

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Popular Science Thursday, August 24, 2017 - 10:23 Source

Sine-wave speech is a form of artificially degraded speech that humans can understand with proper training. But many people who experience auditory hallucinations can understand sine-wave speech without training.

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Popular Science Thursday, August 24, 2017 - 10:23 Source

Life on Earth has survived vast changes in climate, from a warm period 450 million years ago, when most of the present-day United States was underwater, to the last ice age 20,000 years ago, when New England was buried beneath a mile-thick glacier. Though climate change triggered mass extinctions, life went on.

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Popular Science Thursday, August 24, 2017 - 10:23 Source

So you looked. Everyone told you not to, but it seemed so easy to sneak one little peek. Or maybe you just thought it would be okay to watch through a pair of sunglasses. Sure, you wouldn't stare at the sun through your sunglasses normally. But you were sure it was fine to chance it for such a momentous occasion.

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Popular Science Thursday, August 24, 2017 - 10:23 Source

That's a wrap on another total solar eclipse. And while the coincidental geometry and views of the phenomenon are certainly awe-inspiring, it's worth noting it's not that hard to see a total eclipse. Yes, it's a rare scenario—the last time the path of totality swept across the entire nation was in 1918—but a smaller swath of the country will be hit with totality in 2024, and 2045 will usher in a path almost as nation-wide as the one we were treated to this year. If you're willing and able to travel a smidgen further, South America is set to see total eclipses in 2019 and 2020.

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Popular Science Thursday, August 24, 2017 - 10:23 Source

 
Last week, China's dominant fighting vehicle manufacturer, China North Industries Corporation (Norinco), displayed a bevy of export armored vehicles as part of its Armor Day celebrations. These festivities, now in their second year, laud the power of Chinese military and offer an occasion to show off to senior foreign military officers, who were likely there as potential buyers. 

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Global Guerrillas Thursday, August 24, 2017 - 10:15 Source

Here's a framework for understanding how social networking is changing US politics.  It's raw, simple and (hopefully) useful.  

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The political parties and the media aren't the primary actors in the US political system anymore.  Increasingly, politics is being waged online by networks.  A fight between two powerful and very different online social networks (I gave them names that are both descriptive of how they operate and easy to remember):  

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MacroBusiness Thursday, August 24, 2017 - 09:49 Source

Via Credit Suisse: Iron ore supply deficit to China continues – steel demand accelerated. It is probably fair to say that almost every commodity analyst looking at the seaborne iron ore market over the last few years has calculated that the iron ore market is in over-supply and getting worse. But we have all been

The post More on the sudden iron ore shortage appeared first on MacroBusiness.

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The Australian Independent Media Network Thursday, August 24, 2017 - 09:28 Source

“Will Donald Trump be assassinated, ousted in a coup, or just impeached?” – The Spectator “When was the last time an actor assassinated a president? It’s been a while, and I think it’s time” – Johnny Depp “I’ve thought an awful lot about blowing up the White House” – Madonna “I hope Trump is assassinated” – Missouri State Sen.…

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MacroBusiness Thursday, August 24, 2017 - 08:55 Source

DXY was down last night: AUD up against DMs: Down against EMs: Gold firmed and is still at the verge of break out: Brent rose too as US inventories sink: Base metals were mixed: EM stocks soared to new highs: High yield is still dragging the chain: US yields fell: German too, Italy is suddenly

The post Trump speaks, markets tank appeared first on MacroBusiness.

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The Melbourne Urbanist Thursday, August 24, 2017 - 08:53 Source

We’re not as connected with our neighbours as previous generations were, mostly because we’re better off; we have greater mobility and more choice Why don’t neighbours matter as much anymore?

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MacroBusiness Thursday, August 24, 2017 - 08:41 Source

By Chris Becker   Impatience and uncertainty are creeping into markets with a volatile reaction to Trump’s NAFTA and government shutdown statements over is ridiculous Mexican wall  last night. US stock markets retreated alongside the USD as a result, with bond yields falling even as rating agencies scratched their heads on the inability of the

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Thursday, August 24, 2017 - 08:28 Source

Given that’s what we’re doing, and screwing ourselves royally in the process, here’s some advice on how to do it properly. First, you set up a special economic zone where the normal rules do not apply. This should include lower taxes and no industrial relations laws. Put it somewhere out of the way of the

The post How to run a cheap foreign labour economic model appeared first on MacroBusiness.

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