
Today's summit of world leaders has made one thing clear - there is a lot of frustration and concern about the direction climate change is heading.

If you only skimmed the headlines from News Corp, you’d be forgiven for thinking China was launching a krill-powered naval strike from Antarctica, staging an electric vehicle blitzkrieg across the outback and forcing Hyundai into some humiliating act of surrender.

Col Doug Macgregor predicts political turnover in Western governments (London first) and expects Emmanuel Macron to be removed from power — arguing new leaders will be less hostile to Russia and more interested in restoring trade.
They portray Putin as having outlasted his committed opponents; Russian strategy is to wait until Western political will weakens.
NATO Secretary General Mark Rutte is applying double standards by claiming that Moscow is conspiring with China and other nations to “undermine global rules,” Russian Foreign Ministry spokeswoman Maria Zakharova has said.
One month ago, I argued that the Australian Treasury’s modelling of Labor’s 5% deposit scheme for first home buyers was proof that Treasury had become a propaganda arm of the federal government. Under Labor’s First Home Guarantee scheme, which came into effect at the beginning of October, virtually all first home buyers can purchase a
Asian equities are doing well as markets start to price the possibility that the US tariffs maybe reversed following initial comments from the US Supreme Court challenge, although that institution is as compromised as Congress so don’t hold your breath. Only local stocks failed to perform well with the USD still firm against most of
The post Macro Afternoon appeared first on MacroBusiness.

Chris Minns’ police unleashed pepper spray on hundreds of peace protestors yesterday. Today the Premier is the drawcard for an Israel business lobby lunch with ties to the genocide in Gaza. Wendy Bacon reports.
The New Zealand economy continues to push through its housing bust and economic downturn. Yesterday, unemployment came in at 5.3% for the September quarter. The participation rate continues to fall to 70.3% as jobs become more scarce, holding down the headline unemployment rate. As illustrated below by Justin Fabo from Antipodean Macro, the underutilisation rate
A new study, entitled “Perverse policy incentives and inferior economic outcomes” has exposed the failings of Australia’s migration system, particularly the student visa system. The study’s abstract is presented below: Between 1999 and 2012, Australia enacted a raft of policies that advantaged overseas students when applying for permanent residency, through the so-called 880 visa series. These policies




