Wall Street rebounded again on Friday night on renewed hope that the December rate cut maybe in play all due to the comments of Fed NY Chair Williams. This is going to probably lead to a significant lift on Asian share markets this morning, with SPI futures up at least 1% plus increased chances of
The post Macro Morning appeared first on MacroBusiness.
The rorting of Australia’s immigration system seems never-ending. In addition to the widespread rorting of the student and working holiday maker program and the blowout in asylum seeker claims and bridging visas, Australia’s partner visa program is also being ruthlessly rorted. In 2018, Dr Bob Birrell from the Australian Population Research Institute and former immigration
The Security Council’s backing of the Trump plan for Gaza ignores international law, punishes the Palestinians, and rewards those responsible for genocide.
The EU has reportedly rejected the Ukraine peace deal drafted by the White House, putting forward its own set of conditions for a potential agreement.
European Commission President Ursula von der Leyen made the announcement on Sunday as US officials were discussing Washington’s proposal with EU and Ukrainian representatives in Geneva, Switzerland.
THE PICTURE USED ON THE SPECTATOR ARTICLE IS EITHER DESIGNED TO REPRESENT THE CRAPPY SPECTATOR VIEW ON GLOBAL WARMING OR TO STIR THE POSSUM. GUS THINKS THAT THE SPECTATOR VIEWS ARE BROUGHT FORTH TO SLOW DOWN OUR EFFORTS TO MITIGATE WHAT IS CHANGING CLIMATE INDICATORS OF PLANET EARTH, INCLUDING UNDENIABLE RISING TEMPERATURE. HERE IS THE ARTICLE:
The latest batch of auction and home price data suggests that the steam may be coming out of the nation’s housing market following the Reserve Bank of Australia’s (RBA) decision to keep interest rates on hold. Cotality’s auction clearance rates have been moderating since September, which historically has been a leading indicator for price growth.
By Ashwin Clarke, Senior Economist at CBA Wages measured by the Wage Price Index rose by 0.8%/qtr held up by strength in state government enterprise agreements, in line with both our, consensus, and the RBA’s expectations. The annual rate remained at 3.4%. The Minutes of the November Monetary Policy Board meeting highlight the key questions
The post The economic week ahead appeared first on MacroBusiness.
Thierry Meyssan had already drawn his readers’ attention to the bias of the United Nations Secretariat. Here, he revisits the controversy between Germany, France, and the United Kingdom and Russia, Iran, and China regarding the coherence of international law. This is not about technical legal issues, but rather about either the superiority of the Western perspective or the hierarchy of international norms.
The Venezuelan parliament has approved a 15-year extension of joint ventures between state company PDVSA and Russian oil firm Roszarubezhneft, according to a statement on the National Assembly’s website.
The deepening energy cooperation comes despite sweeping US sanctions on both nations and amid accusations that Washington wants to depose President Nicolas Maduro under the guise of an anti-drug campaign.
Ukraine said Saturday that its officials will meet US counterparts in Switzerland to discuss Washington’s proposed peace plan. Kyiv will seek to push back against provisions that mirror some of Moscow’s toughest demands, while European leaders said the US plan "is a basis which will require additional work".