As the gas cartel unleashes another energy shock… There is nothing it will not destroy in due course. We can no longer make plastics, nor glass, nor many forms of steel. Soon it will be any and every metal processing as well. AFR. The chief executive of Nyrstar Australia says the metal processor urgently needs
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DXY eased lower. AUD higher. Lead boots too. Will gold have another crack? Metals paused. EM meh. Junk rejection. Short end sold on the passage of Trump Big Beautifil Bill. Stocks sold in EOFY. Deutsche says the hiccup in US capital flows is very large indeed. The US trade numbers have been very volatile in
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US President Donald Trump has said that he might entertain the idea of deporting Elon Musk and could consider getting the Department of Government Efficiency (DOGE) to look into the billionaire’s government contracts.
Wall Street took a step back after the US Senate passed the Billionaire Tax Bonus Bill while the Trump regime waved off concerns that not even a single nation has done a trade deal coming up to the July 9th deadline. Meanwhile Fed Chair Powell said they would have cut already if not for those
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Russian President Vladimir Putin has spoken with his French counterpart Emmanuel Macron by telephone, the Kremlin press service said on Tuesday. It is the first phone contact between the leaders since September 2022.
The conversation revolved around the situation in the Middle East, as well as the Ukraine conflict.
Germany’s new chancellor Friedrich Merz has plunged the country into a deep political and geopolitical crisis, driven by aggressive pro-war rhetoric and a failing foreign policy agenda centered on Ukraine.
One way to get a robust, comparative fix on how obscene American global preaching about human rights has become is (borrowing a vivid image from Caitlin Johnstone) to imagine what the world might think about a scorching lecture from a Taliban leader on the Western oppression of women and women’s rights.
Lugansk People’s Republic liberated: How it happenedRussian troops have gained control over all areas of the region, ending Kiev’s occupation
Some charts from Westpac make the point. After increasing by 0.6% in May, the Cotality house value index increased by 0.6% in June. The current price increase is 2.3% since January, after a minor 0.8% drop at the beginning of the year. At 2.7% annually, growth was somewhat stable. Similar increases were seen in all
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I posted something similar on Facebook a few days back, and thought I might get some useful feedback here.
I’ve been spending some time in the 1950s. The other 1950s, of course, which I buggered up jamming a nuclear-powered aircraft carrier into a wormhole and back to the Battle of Midway.
Would you like a peek?
(That’s not really a question, I know).
The new financial year is seeing some calm return to Asian share markets with Japanese bourses pulling back amid tariff dramas with the Trump regime, while Yen is firming on solid manufacturing data from both China and Japan as we await the US ISM print later tonight. Oil markets continue to steady after their recent
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