FIFA has done it again. With its usual sparkle of inventive interpretation, amoral reasoning, and snappy bravura, the world football federation has deemed the Kingdom of Saudi Arabia fit for hosting the largest sporting event on the sporting calendar – not counting the Olympics. The FIFA Men’s World Cup will be hosted, yet again, in…
The post FIFA’s Cooked Findings: Saudi Arabia’s World Cup Bid appeared first on The AIM Network.
Ok, let’s start with a couple of simple dialogues: Number 1: “Twelve year old Gilbert has been sentenced to eight years for his car theft which seems a little harsh as it was his first offence.” “No, adult crime, adult time.” “Will he be allowed to have access to any social media while in detention…
The post The True Cost Of Renewables And Social Media For Kids!! appeared first on The AIM Network.
Australian Council of Social Service (ACOSS) Media Release ACOSS has referred the Federal Government to the Commonwealth Ombudsman following the latest revelations that income support payments may have been illegally cancelled, affecting at least 1,000 people between April 2022 and July 2024. The referral comes after CEO Cassandra Goldie wrote to Employment Minister Murray Watt,…
The post ACOSS refers Federal Government to Ombudsman appeared first on The AIM Network.
DXY continues its consolidation. But AUD crashed anyway. As CNY let go. Oil is going to break. Dirt too. Miners are breaking. EM pfft. Junk jaws are opening on US tariffs. Yields fell. Stocks up. US jobs were Goldilocks with firm job creation but rising unemployment and easing wage growth. Total nonfarm payroll employment rose
The post Australian dollar crashes towards 0.50s appeared first on MacroBusiness.
Sydney’s housing market is in a slump as 2024 draws to a close, with auction clearances and values declining simultaneously. CoreLogic’s final auction results for last weekend showed that Sydney recorded its sixth consecutive weekly result below 60%. Sydney’s final clearance rate was 58.2% last weekend, down from the 59.0% recorded prior week. One year
International Reading: Airline passengers would get paid for major delays under rules considered by Biden administration – NBC Trump names his own pick for IRS commissioner, breaking from tradition – Wahington Post Tesla Named ‘Deadliest Car Brand in America’ in Bombshell Car Safety Study – Latin Times For many Americans, it’s taking months to find
Viktor Orbán’s obsequious letter to Benjamin Netanyahu offering him sanctuary from the International Criminal Court (ICC) in Hungary is not a surprise. It is another red flag in the Islamophobic world of the transnational Right. The mass and prolonged slaughter of Palestinian Muslims (and Christians) cannot be seen as a crime committed against other humans…
By Christopher Kennedy Good money has been placed on the USA descending into civil war. My money, (all of $5 so far) is on America falling apart. So taking this scenario into account at what stage do we understand the Australian options a bit better? The question is how he will effect Australia Asian affairs?…
The post What to do if the USA falls into civil war appeared first on The AIM Network.
Asian stock markets are generally lower over continued macro concerns and the lead up to tonight’s US jobs print with the only bright spark coming from China over stimulus bets. The USD is relatively steady and strong against the other undollars while the Australian dollar remains under pressure just above the 64 handle. Oil futures
The post Macro Afternoon appeared first on MacroBusiness.
By Denis Hay Description: Explore why HECS burdens Australian students while other countries offer free education. Learn how monetary sovereignty can enable debt forgiveness. Why Free Education Matters Education is a fundamental right, yet in Australia, students bear the burden of HECS debt, which has affected their financial well-being for years. While nations like Germany…
By Denis Bright The LNP’s advertising agencies continue to compromise our national sovereignty. Voter choice continues to be compromised by slick marketing strategies employed at the recent Queensland elections. The return to truth-telling should surely be taken up on both sides of the political divide by candidates like Maggie Forrest as the federal LNP’s challenger…
The Reserve Bank of New Zealand’s aggressive monetary policy, which raised the official cash rate to a peak of 5.50%, has successfully deflated the nation’s house price bubble. According to CoreLogic, home values across New Zealand declined by 0.4% nationally in November, the ninth consecutive monthly fall. Home values also declined by 0.8% over the