What goes up… DXY has recaptured support, and how. Houston, we have a problem. CNY still supportive. JPY not so much. As I have warned many times, gold is volatile. AI metals meltdown. Massive mining reversal. EM too. Junk is alseep in a chair. Curve steepened. Stocks fell. What gives? Kevin Warsh will succeed
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Since coming to power, Labor has increased the Australian Public Service (APS) headcount by 24%, to more than 213,000 staff. The government argues the increase is necessary to reduce reliance on consultants and contractors. The federal government had forecast in its March 2025 budget that the public service wages bill would remain steady at about
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EU foreign policy chief Kaja Kallas has said she “will be very smart” by the end of her term thanks to her reading habits.
Kallas made the remark at a press conference on Thursday after a journalist offered to give her a book on Kurdish history by Masoud Barzani, the first president of Iraq’s autonomous Kurdistan region.
International Reading: ‘The American People Deserve It’: Democrats Reveal Their 3 Demands to Avoid a Shutdown. – Time Scott Bessent said Americans should skip toys for kids’ birthdays and instead invest in Trump’s accounts – Independent Melania Trump to earn at least $28M from Amazon for documentary deal: report – NY Post Partial federal shutdown
Science in the Arctic — and Greenland — is on the frontline of pressing challenges facing humanity, like climate change and genetics. Some researchers worry international collaboration is at risk.
Decades of successful scientific collaboration could be at risk if political relations between Europe and the US continue to fray over trade and defense issues.
US Secretary of War Pete Hegseth has declared that the military is fully prepared to “deliver whatever” President Donald Trump orders regarding Iran, as a major naval armada moves toward the region.
Speaking at a cabinet meeting on Thursday, Hegseth warned Tehran against pursuing nuclear weapons, which Iran has consistently denied seeking.
United Nations Secretary-General Antonio Guterres has stated that the principle of self-determination does not apply to the people of Crimea and Donbass, drawing sharp condemnation from Moscow.
High speed rail is synonymous with the kind of high capital cost infrastructure which seems to paralyse governments in Australia. Here's a solution.
The post Australia’s high speed rail ambitions could be funded through an aviation fuel excise appeared first on Renew Economy.
Nobody wants US dollars. But they want Bitcoin even less. This is a pretty stark break from the narrative we’ve been sold about BTC being “digital gold” or some kind of alternative “reserve currency” that can’t be debased. Indeed, markets are consumed by a global fiat debasement trade at the moment, yet BTC keeps falling.
The post Is this the end for Bitcoin? appeared first on MacroBusiness.
Wednesday’s CPI inflation release for December was a shocker that, alongside the decline in the nation’s unemployment rate to 4.1%, suggests that the Reserve Bank of Australia (RBA) will hike the official cash rate at next month’s monetary policy meeting. The policy-relevant trimmed mean inflation rose by a stronger-than-expected 0.9% over the December quarter to
BNEF says a more needs to be done, and quickly, for Australia to meet its renewable targets. Storage looks good, but wind and solar comes up short. Bowen is batting on.
The post Will Australia reach its renewable targets on time? It will need a lot more wind and solar appeared first on Renew Economy.
London: A photograph of Donald Trump and Vladimir Putin standing side by side in Alaska has been framed and put on display in the White House.
The posed portrait of the US and Russian presidents, taken at the Alaska summit in August, has been hung on a wall in the Palm Room, which links the West Wing to the presidential residence.