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Your Democracy Thursday, July 31, 2025 - 20:04 Source

 

History sneers. Raw. Cyclical. Cruel. Every peace treaty gives birth to a field of ruins. Every solemn oath transforms, as soon as it is proclaimed, into a broken promise. Subtly—and sometimes ferociously.

 

From Potsdam 1945 to Istanbul 2025: The Metaphysics of Broken Promises

BY Cassandre G

 

The Tainted Oath

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MacroBusiness Thursday, July 31, 2025 - 16:30 Source

While north Atlantic share markets remain buoyant due to solid earnings on Wall Street and the implied stability of the new US/EU trade deal “framework”, Asian share markets are weaker nearly across the board as peripheral nations – including India and Brazil – await the self imposed tariff deadline tomorrow set by the Trump regime.

The post Macro Afternoon appeared first on MacroBusiness.

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MacroBusiness Thursday, July 31, 2025 - 14:00 Source

You know it’s bad when major miners play second fiddle to the gas cartel. Via The AFR: Rio Tinto’s Jakob Stausholm delivered Labor a brutal parting warning that Australia’s energy prices are incompatible with its goal of manufacturing at home, and warned the economy risks being undercut by more competitive markets in the battle for

The post Gas cartel destroys Made in Australia appeared first on MacroBusiness.

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MacroBusiness Thursday, July 31, 2025 - 13:30 Source

The 2023-24 Victorian Budget stated that it expects the federal government to provide an additional “matching contribution” of around $9.6 billion for the first stage of its Suburban Rail Loop (SRL) project. The State Budget also stated that the Victorian government plans to raise around $11.8 billion from so-called “value capture”, which would involve charging

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MacroBusiness Thursday, July 31, 2025 - 13:00 Source

As noted many times, the idiocy of the Australian economy often plays out in the singular goal of local fund managers. To be long either mining or banks at the right moment, so you can outperform your peers. That’s all there is to it in the Houses and Holes economy. Recently, we had some bold

The post Mining rotation collapses appeared first on MacroBusiness.

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MacroBusiness Thursday, July 31, 2025 - 12:30 Source

US President Donald Trump has flagged an increase in his ‘liberation day’ baseline tariff to between 15% and 20%. Trump said countries that do not negotiate a special deal with the US will face an increase in the baseline tariff, which was originally set at 10%. “We are going to be setting a tariff, for

The post Why should Australia negotiate another US FTA? appeared first on MacroBusiness.

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MacroBusiness Thursday, July 31, 2025 - 12:12 Source

Who would want to be a traditional brick-and-mortar retailer in Australia? Not only are they dealing with intense competition from online behemoths like Amazon, Temu, and Shein, but they are still facing sagging sales growth. The latest retail trade data from the Australian Bureau of Statistics (ABS) highlights the point, with retail sales volumes rising

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