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MacroBusiness Thursday, March 21, 2024 - 08:27 Source

DXY eased: AUD popped: North Asia sagged: Oil and gold traded places: Metals meh: Miners are dead cat bouncing: EM warmed up: Junk is bullish: Curve steepened: Stocks only go up: The Fed is going to cut regardless of recent jitters. The forecast “dots” got less dovish but Chair Powell was clear: Powell calls the

The post Australian dollar launches as Fed fuels rocket appeared first on MacroBusiness.

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MacroBusiness Thursday, March 21, 2024 - 07:52 Source

When Albo went to India in early 2923 and signed a bunch of shockingly bad agreements with Narendra Modi about labour mobility, we warned it was a catastrophic mistake. Amazingly, Albo equalised all Indian qualifications with their Aussie equivalents. Even though everybody knows that most of the Indian education system is an immense scam. You

The post Albo’s Indian army invades appeared first on MacroBusiness.

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MacroBusiness Thursday, March 21, 2024 - 07:00 Source

Albo dills do love hypocrisy: Prime Minister Anthony Albanese has accused the opposition of politicising diplomacy after he was asked by Paul Fletcher whether he would reassess Kevin Rudd’s role as ambassador to the US considering he called Donald Trump a “destructive president” in 2020. Albanese said the Liberal MP’s comment was “a cheap-shot question”

The post Pull Rudd now appeared first on MacroBusiness.

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Your Democracy Thursday, March 21, 2024 - 06:43 Source

Recently, the countries of the Global South have been actively expanding their ties, finding new areas of cooperation, creating their own integration associations. In general, they are trying in every possible way to restore justice, to become full-fledged members of the world community, as it is now accepted to say, “independent poles of power”.

 

BY Bakhtiar URUSOV

 

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Your Democracy Thursday, March 21, 2024 - 04:53 Source

Glenn Diesen: Here’s why Western media ‘coverage’ of Russia is incredibly dangerousThe self-deception practiced by journalists writing about the country is leading to dire consequences

Western media coverage of every Russian election is bad. But this time it was even worse than usual.

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MacroBusiness Thursday, March 21, 2024 - 01:30 Source

Bernard Keane is all there is read at the woked-up Crikey. Rarely do I read stuff that I was planning to write myself but BK did  it yesterday: The dearth of talent in the current Coalition line-up is alarming, and a testament to both the toxic effect of Scott Morrison and the damage he caused

The post Invisible man, Angus Taylor, has to go appeared first on MacroBusiness.

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MacroBusiness Thursday, March 21, 2024 - 00:10 Source

You could run a country successfully by doing the opposite of whatever Chanticleer advises: The heartbreaking battle facing first home buyers is getting harder, according to asurvey of home ownership intentions from Westpac. Compared to 2021, first home buyers expect it will take six months longer to raise a deposit that is almost $4000 smaller

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MacroBusiness Thursday, March 21, 2024 - 00:05 Source

No country has screwed up its immigration policy as badly as Canada. The employment, housing, infrastructure, and healthcare systems are all in disarray. Canada’s population increased by more than 1.2 million people, driven by record net overseas migration: This population surge has resulted in a serious housing shortage across Canada: Housing starts have lagged significantly

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Your Democracy Wednesday, March 20, 2024 - 19:27 Source

In perhaps the least surprising news of the year, Vladimir Putin has triumphed at the Russian ballot box and been enthroned for the fifth time as president. He will serve for six more years.

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AustralianPolitics.com Wednesday, March 20, 2024 - 18:03 Source

This is Senator Dave Sharma’s maiden speech to the Senate. Sharma, a Liberal, assumed his NSW Senate position on November 30, 2023. He filled a casual vacancy created by the departure of Senator Marise Payne. At her retirement, Payne was the longest-serving female senator, having held her seat for 26 years, 5 months and 21 days since 1997. Previously, as the member for Wentworth (2019-2022), Sharma delivered a first speech to the House of Representatives.

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Your Democracy Wednesday, March 20, 2024 - 17:38 Source

Having done everything possible to oppose action to mitigate climate change and replace fossil fuels with renewable energy sources, the federal opposition has suddenly decided to embrace the most illconceived and inappropriate solution for us (‘‘Why nuclear power doesn’t add up’’, March 19). Nuclear energy produces the most expensive energy compared with renewables; ...

 

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