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The Tally Room Friday, April 13, 2018 - 09:30 Source

Since I last posted about this, I’ve published eight more guides, with the links listed below:

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MacroBusiness Friday, April 13, 2018 - 09:30 Source

China is slowing. We know it. It’s obvious in credit and growth will be next: Capital Economics is so bearish now that it reckons China will be slashing interest rates by mid year: China is in the crosshairs as the Trump administration shifts towards greater protectionism. The measures announced so far won’t have a big impact on

The post The impossible trinity returning to a China near you appeared first on MacroBusiness.

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MacroBusiness Friday, April 13, 2018 - 09:15 Source

Just to prove that anything is possible in politics, Trump wants back into the TPP after years of trashing it withing inches of his life, via The Australian: Donald Trump has ordered his senior economic and trade advisers to examine the possibility of the United States re-entering the 11 nation Trans Pacific Partnership. The surprise

The post Non-core promise: Trump wants in to TPP appeared first on MacroBusiness.

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Inside Story Friday, April 13, 2018 - 09:15 Source

Like much else in the United States at the moment, the sheer scale of the problem is breathtaking. Every day, 115 Americans die after overdosing on opioids, a class of drugs that includes prescription painkillers, heroin and potent synthetics like fentanyl.

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MacroBusiness Friday, April 13, 2018 - 09:00 Source

Some details leaked to the AFR’s Ben Potter: …Coal plants will have to compete on a level playing field with gas peaking plants, hydro and battery storage and “demand response” for the supply of “dispatchable” energy to firm up wind and solar power in the National Electricity Market, industry sources said. Concerns remain about the

The post Do-nothing energy guarantee to do…nothing? appeared first on MacroBusiness.

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The Australian Independent Media Network Friday, April 13, 2018 - 09:00 Source

This is a dance of confused ends and mistrustful glances, mixed with occasional moments of misplaced adoration. Mark Zuckerberg of Facebook fame has never been an empathetic sort and his testifying before the US Congress has done nothing to dispel that assessment. That stands to reason: the least sociable of types, the most awkward of…

The post Admiring Facebook: Mark Zuckerberg goes before Congress appeared first on The AIM Network.

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Your Democracy Friday, April 13, 2018 - 08:56 Source

sticking

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The Global Mail - Syndicated Stories Friday, April 13, 2018 - 08:20 Source

Decentralized technology may very well be the way of the future, as multiple industries are working to use blockchain into their space. However, there is one big problem standing in the way: moving current online data and information into the blockchain. Doing […]

The post Chainlink and its LINK coin: A starter’s guide appeared first on The Global Mail.

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MacroBusiness Friday, April 13, 2018 - 08:05 Source

DXY rose last night: AUD was mixed against EM: And EM: Gold got flogged: And base metals: Big miners fell: EM stocks firmed a touch: But junk is sending an interesting signal as US warms up but EM turns cold: The Treasury curve flattened again: Bunds went the other way: Stocks rose firmly: The key

The post The US is the only game in town appeared first on MacroBusiness.

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Inside Story Friday, April 13, 2018 - 07:41 Source

When Tony Abbott told the Sydney Institute last month that Australia’s migration program should be cut from 190,000 per annum to 110,000, government ministers from Scott Morrison down queued up to tell him he was wrong. “You’d have to drop [the intake] by 80,000,” said the treasurer. “The hit to the budget of that would be about $4 billion to $5 billion over the next four years.”

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The Global Mail - Syndicated Stories Friday, April 13, 2018 - 06:40 Source

When bitcoin was first introduced to the world in 2009 by Satoshi Nakamoto, many believed it would revolutionize currency and global trade as we know it. Almost a decade later though, that promise remains largely unfulfilled, primarily due to the […]

The post BitBay and its BAY token: A starter’s guide appeared first on The Global Mail.

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Your Democracy Friday, April 13, 2018 - 06:27 Source

half and half

James Mattis, the US defense secretary, has said Washington is still looking for evidence on who carried out Saturday’s chemical weapons attack in Damascus and said his main concern about a military response was how to stop it “escalating out of control”.

 

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The Global Mail - Syndicated Stories Friday, April 13, 2018 - 04:00 Source

While banking giant Santander is being praised in the cryptocurrency community this week, another one bank, JP Morgan Chase, is getting ready for a legal battle. Chase has been hit with a million dollar class-action lawsuit that accuses the banking institution of charging […]

The post JPMorgan Chase hit with lawsuit for surprise fees related to cryptocurrency purchases appeared first on The Global Mail.

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The Global Mail - Syndicated Stories Friday, April 13, 2018 - 02:00 Source

Spanish banking giant Santander has recently launched a new service, based on blockchain technology, that allows customers to complete international transfers on the same day or by the next day. Additionally, the service lets customers see the exact amount one […]

The post Santander launches blockchain-based money service for international transfers appeared first on The Global Mail.

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MacroBusiness Friday, April 13, 2018 - 00:25 Source

Via The Australian: China says reports it wants to build a military base in Vanuatu are “sheer fiction” from Australians stirring up trouble. Malcolm Turnbull admits there is tension between the two countries, after Fairfax Media this week reported China asked Vanuatu about building a permanent military base, while Australian ministers have been refused visas

The post Bravo to China tensions! appeared first on MacroBusiness.

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MacroBusiness Friday, April 13, 2018 - 00:24 Source

From the CS forex team: After a soggy start to 2018, AUD could finally have its time in the sun. The currency has suffered from being a favoured short against Emerging Market long positions, due to its now-low carry and perceived high correlation with the emerging market bloc. But with iron ore prices having seemingly

The post Credit Suisse: Buy Australian dollars! appeared first on MacroBusiness.

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MacroBusiness Friday, April 13, 2018 - 00:20 Source

By Leith van Onselen After Immigration Minister Peter Dutton contradicted Prime Minister Malcolm Turnbull on Wednesday, confirming that he did in fact discuss reducing Australia’s immigration intake with senior colleagues, former Prime Minister Tony Abbott has lined up to kick Turnbull. From The New Daily: “Why on earth the Prime Minister himself and other senior ministers

The post Abbott rips Turnbull’s immigration lies appeared first on MacroBusiness.

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MacroBusiness Friday, April 13, 2018 - 00:20 Source

By Leith van Onselen After Immigration Minister Peter Dutton contradicted Prime Minister Malcolm Turnbull on Wednesday, confirming that he did in fact discuss reducing Australia’s immigration intake with senior colleagues, former Prime Minister Tony Abbott has lined up to kick Turnbull. From The New Daily: “Why on earth the Prime Minister himself and other senior ministers

The post Turnbull lies, Abbott rips and Dutton cuts immigration appeared first on MacroBusiness.

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politicalowl Friday, April 13, 2018 - 00:18 Source
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North Coast Voices Friday, April 13, 2018 - 00:18 Source
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North Coast Voices Friday, April 13, 2018 - 00:16 Source

A cousin by marriage of the current Australian Minister for Agriculture and Water Resources David Littleproud, John Norman, finds his agricultural business practices under scrutiny.....The Guardian, 9 April 2018: Fraud charges are expected to be laid against one of Queensland’s biggest cotton irrigators, John Norman, within a matter of weeks.If the trial of the owner-operator of Norman Farming, and former cotto

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MacroBusiness Friday, April 13, 2018 - 00:15 Source

By Leith van Onselen In the week ended 12 April 2018, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, fell by 0.10%: Values fell across three major markets and rose in two: So far in April, values have fallen by 0.10%, driven by Sydney and Melbourne: So far

The post CoreLogic Weekly Australian house price update: falls resume appeared first on MacroBusiness.

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North Coast Voices Friday, April 13, 2018 - 00:15 Source
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MacroBusiness Friday, April 13, 2018 - 00:14 Source

By Leith van Onselen After last week’s brief reprieve, the deflation of Sydney’s housing market continued this week, with values falling another 0.19% in the week ended 12 April: Sydney home values have now declined by a cumulative 4.4% over the past 31-weeks, with values also down 4.3% over the past 36 weeks. Sydney’s quarterly growth

The post Sydney home values fall for seven straight months appeared first on MacroBusiness.

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MacroBusiness Friday, April 13, 2018 - 00:06 Source

It would be in the national interest. Curtis Island only has 1200 odd workers in its three LNG plants. Yet it is doing untold economic damage everywhere else, costing many thousands of jobs. This is because gas is the key input into the entire east coast energy system. As Innes Willox said yesterday: Gas prices went

The post Five reasons why the RAAF should carpet bomb Curtis Island appeared first on MacroBusiness.

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MacroBusiness Friday, April 13, 2018 - 00:05 Source

Iron ore prices for April 12, 2018: Tianjin benchmark rose 0.55 to $64.75. Steel is marking time. My view remains the next big move is down. Coking coal is breaking. Reuters has texture: Coking coal futures in China fell almost 4 percent on Thursday and iron ore also slipped, pressured by worries that demand for

The post Daily iron ore price update (weak demand) appeared first on MacroBusiness.

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MacroBusiness Friday, April 13, 2018 - 00:01 Source

Global Macro / Markets / Investing: SEC preparing cryptocurrency fraud crackdown – Fox Business JPMorgan sued over fees for cryptocurrency purchases – Reuters The Yield Curve Is Flattening Relentlessly – Bloomberg Fix the Roof While the Window of Opportunity is Open: Three Priorities for the Global Economy – IMF Barclays to Shut $1.2 Billion of

The post Links 13 April 2018 appeared first on MacroBusiness.

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Your Democracy Thursday, April 12, 2018 - 16:53 Source

twittlomacy

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Renew Economy Thursday, April 12, 2018 - 15:49 Source

Turnbull hails half a billion dollar, year long project that will turn Victoria brown coal into just three tonnes of hydrogen fuel. Has the world gone completely mad?

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Renew Economy Thursday, April 12, 2018 - 15:49 Source

Victoria says its renewables auction six-times over-subscribed, and warns it won't accept NEG in current form.

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