Donald Trump has expressed frustration and stated that he is “pissed off” with Russia. He has then warned Russia that he would impose secondary tariffs on all Russian oil exports unless Putin agrees to a ceasefire in Ukraine. Donald Trump also stated that the US will “100% take Greenland” and he warned Zelensky not to back out of the Mineral Deal. It is also being reported that Zelensky is getting ready for elections in the summer.
DXY was firm last night. AUD was not. Lead boots are holding on. Gold parabola. Trump needs to shut up about Iran, or he’ll derail the Bessent Plan via oil. Another copper bubble goes “pop”. Big Miner’s big bear is still hungry. EM meh. Junk stressy but not enough. Every time it falls, stocks party,
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In 2023, the federal government set up a review of the National Intelligence Community (the NIC). It was to report in the first half of 2024.
On 21 March 2025, Prime Minister Anthony Albanese released, with a flourish, the review’s report, titled “Independent Intelligence Review 2024”.
A prototype is a product or service’s early sample, model, or release. It is built to test a concept or process and serves as a tangible representation of an idea. Some prototypes are primarily commercial, while others are scientific.
In late 2021, the Labor Party released its Powering Australia Plan, which promised to reduce NEM wholesale electricity costs by $11 per MWh, from $62 to $51, by 2025. Labor claimed that its Powering Australia Plan would save Australians $275 on their residential power bills by 2025 and an additional $103 by 2030. On dozens of
With Donald Trump overturning assumptions about international order, we must re-examine the fundamentals of our foreign and defence policies. Former Senator and submariner Rex Patrick proposes four ideas to advance the debate.
A sea of red across Asian stock markets in response to the poor finish to the trading week on Friday night on Wall Street with Japanese bourses falling sharply as exporters worry about the next round of Trump tariffs. The USD is losing ground against most of the major currency pairs although the appreciation in
The post Macro Afternoon appeared first on MacroBusiness.
New Zealand’s unemployment rate increased to 5.1% in Q4 2024 from 4.8% in Q3 2024. In comparison, Australia’s unemployment rate was 3.9% in the fourth quarter of 2024 (4.1% in January), the largest difference since Q3 2012. As a result, large volumes of Kiwis have left New Zealand for Australia. New data from Stats NZ,
The idiot MSM is at its gotcha worst. Peter Dutton has again refused to offer a figure for how much power prices would come down under a government he leads, while assuring those prices would nonetheless be lower than they would be under a re-elected Labor government. Assuming Dutton dropped the spot gas price to
The post How much will Dutton drop electricity prices? appeared first on MacroBusiness.
Iron ore continues its plod sideways as steel falls away. The Office of the Chief Economist’s quarterly forecast is out is an interesting mix of fear and greed. It has finally mustered the courage to include the Pilbara killer in its supply outlook but it has spread the ramp up of shipments very conservatively so
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