Starts off looking like a southern gothic crime thriller starring a beat down Kevin Bacon as a gnarled bounty hunter…
Ok, you have my attention.
Goes sideways. Hard.
It looks kind of terrible, and yet… terribly good fun.
The pet shop has gone mad this weekend with all and sundry declaring ANZUS dead and Australia alone in the world. America may abandon NATO though I doubt that as well. It looks more to me like America wants Europe to pay its own way in its defence. There is no danger to America from
The post America will not abandon Australia appeared first on MacroBusiness.
Goldman with the note. Our US economists recently revised their growth forecasts and are now below consensus for the first time in almost three years. At the same time, our European economists responded to the unprecedentedGerman spending plans by upgrading their Euro area growth forecasts despitethe looming tariff threats. As a result, we are also
While Wall Street rebounded on Friday night it was basically just a short covering exercise after falling for four weeks straight with expectations of higher volatility continuing this trading week amid the ongoing trade war and a very busy economic calendar, including the latest Fed meeting. European stocks got a breather as well but are
The post Macro Morning appeared first on MacroBusiness.
It’s been evident since Trump’s inauguration that the US, as we knew it, is over. I’ve been looking at some of the US-centred organisations and economic dependencies that will need to be rebuilt. But I hadn’t given much thought to the university sector, where I work, until I got an urgent email asking everyone at the University of Queensland to advise the uni admin if we had any projects involving US funding.
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.
I reported last week how Australian households have endured the largest decline in real per capita disposable incomes on record after falling by around 8% from their mid-2022 peak. Australia’s decline in real per capita household disposable incomes has also been the largest in the OECD since the beginning of the pandemic. Analysis of the
Last year, former federal Treasury official Stephen Anthony warned that Victoria could require a federal “bailout” amid soaring state debt, which hit $27,729 per person in 2023-24. “Victoria is on a suicide mission to record borrowing, just as global interest rates are about to hit 5%”, Anthony warned. “Potholes can’t get filled, emergency departments can’t
Washington under President Donald Trump has created more “uncertainty”than the Covid-19 pandemic, Luis de Guindos, the vice president of the European Central Bank (ECB), has claimed.
Knowing well in advance that Russia would reject it, the U.S. and Ukraine announced with fanfare that its ceasefire deal was in “Russia’s court” in what was an exercise of pure public relations, writes Joe Lauria.
Exclusive: Victoria Nuland and Robert Kagan have a great mom-and-pop business going. From the State Department, she generates wars and from op-ed pages he demands Congress buy more weapons. There’s a pay-off, too, as grateful military contractors kick in money to think tanks where other Kagans work, writes Robert Parry.
By Robert Parry*
CoreLogic’s preliminary auction results reported a clearance rate of 71.4% for Sydney. This was the sixth consecutive week that the preliminary clearance rate was above 70%. The following chart shows the strong rebound in final Sydney clearance rates since the beginning of the year. Sydney’s final auction clearance rate has rebounded from an average of
Prime Minister Anthony Albanese has said it is in "Australia's national interest" to stand with Ukraine following a virtual meeting with other world leaders designed to drum up support for ceasefire discussions.
US bombs Yemen: As it happenedThe US president has ordered a “powerful military action” against the Yemeni-based Houthi militants
Dozens of people were killed or injured after the US launched a major airstrike campaign against Yemeni-based Houthi militants, with President Donald Trump personally observing the operation as it unfolded.
