Sticky tariff induced inflation in the US overnight sent Wall Street lower as the expectation of rate cuts were diced as the latest PCE came in higher than expected. The Trump regime continues to bully Canada with the probability of 35% tariffs rising as no deal or framework before the August 1st “deadline” while Mexico just
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Data from the Australian Energy Market Operator shows that wholesale electricity prices on the East Coast were 23% higher year-on-year in the June quarter. The wholesale price averaged $140 per megawatt-hour during the quarter—the highest level since 2022, when the wholesale price topped $260 per megawatt-hour following Russia’s invasion of Ukraine. AEMO attributed the spike
US President Donald Trump has issued a warning to former Russian President Dmitry Medvedev, calling him a “failed”leader and cautioning him against combative rhetoric.
Through its love affair with Israel and intimidated by the Zionist lobby, our legacy media has enabled the genocide of Palestinians in Gaza, Israel’s apartheid regime and the illegal occupation of Palestinian land over the past century.
At the end of 2024, CoreLogic (now Cotality) reported that Australians were paying a record share of their income to rent the median home. Cotality’s latest quarterly rental report also noted that median rents have increased by 43% nationally over the past five years, forcing the typical tenant household to pay $10,350 extra per year
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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
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.
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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
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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