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Your Democracy
Wednesday, July 6, 2022 - 08:48
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The Olympics are now the summit of political games, sponsorship favourism, secrecy and drugs, including those that WADA is not looking for. It is a compliment to any team to manage to swim in these murky waters without spitting turds…
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MacroBusiness
Wednesday, July 6, 2022 - 08:30
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The iron ore complex recovered with a 4% rise in spot prices, led by news that Brazil’s exports of the precious metal (sic) had taken a tumble, combined with another stoppage of the Simandou project in Guinea. Here are the latest prices: ING has the skinny on both Australian and Brazilian supply, as Chinese steel The post Daily iron ore price update (Simandou slips) appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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Your Democracy
Wednesday, July 6, 2022 - 06:55
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The Albanese Government is continuing the Coalition's habit of using condescending language to discuss Pacific Island relations, writes Dr Binoy Kampmark. |
Your Democracy
Wednesday, July 6, 2022 - 06:23
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The recent festival of big Western politics – which began with a meeting of the European Council, continued with the G7 Summit, and ended with a major NATO gathering – provides plenty of food for thought about the fate of the world. On the surface, what we have seen is impressive: The West is showing unprecedented unity in the face of the Russian campaign in Ukraine.
BY Fyodor Lukyanov
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Renew Economy
Wednesday, July 6, 2022 - 06:00
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John Quiggin
Wednesday, July 6, 2022 - 05:49
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Following up my initial response to Lane Kenworthy, I decided to approach the question from a different direction and ask “Would we be better off without corporations?”. That is, I’d like to consider a society in which all large enterprises were publicly owned. There would still be room for owner-operated private businesses, worker-controlled co-operatives, partnerships and perhaps some other forms of business I haven’t thought about. |
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The Australian Independent Media Network
Wednesday, July 6, 2022 - 00:08
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“Marxist” teachers are teaching our kids “absolute leftwing rubbish”. NSW Senator, Hollie Hughes, Shadow Minister for denying climate change and promoting fossil fuels, moonlighting as Opposition national curriculum cop, reads from the Republican playbook’s false alarmism about critical race theory and gender whispering being taught in schools. The Coalition sideshow is pumping now Dutton’s obsessed… |
MacroBusiness
Wednesday, July 6, 2022 - 00:05
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Yesterday’s 0.5% hike in the official cash rate (OCR) by the Reserve Bank of Australia (RBA) sent another arrow through the hearts of Australian mortgage holders. Following three consecutive monthly rate hikes, the OCR has lifted to 1.35%, up from April’s record low of 0.1%. In a matter of days, every variable mortgage holder in The post Australian home owners banished to mortgage hell appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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MacroBusiness
Wednesday, July 6, 2022 - 00:04
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It’s been one of the worst starts to a calendar year for US stocks – since 1939 in fact – and as we hit the halfway point (or starting point of a new financial year) its still fascinating to see the majority of forecasters in a bullish mood: The S&P500 started 2022 at 4770 points The post Wall Street bulls see light at end of the tunnel appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Wednesday, July 6, 2022 - 00:01
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Global Macro / Markets / Investing: Former top Apple lawyer pleads guilty to insider trading – CNBC MicroStrategy’s Bitcoin holdings take a record $3.4 billion hit. The company says it’s playing the long game – Fortune BP sells stake in Canadian oil sands to push into offshore projects – FT Coal Makes a Comeback as The post Links 6 July 2022 appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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Renew Economy
Tuesday, July 5, 2022 - 22:30
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Renew Economy
Tuesday, July 5, 2022 - 20:45
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Your Democracy
Tuesday, July 5, 2022 - 19:32
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Of all the people on planet earth, the Irish should understand the Donbass inhabitants seeking independence. But the media at large — even in Ireland — point at “Russia invasion of Ukraine” rather than to “the liberation of the Donbass” from the fascist Ukrainian government.
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Your Democracy
Tuesday, July 5, 2022 - 17:40
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Monday marks the 246th Independence Day of the United States of America. Two-hundred-and-forty-six years ago, the founding fathers of the US wrote that "All men are created equal". The authorities seems to be following this dictum－literally. The equality they promote is limited to men alone. |
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MacroBusiness
Tuesday, July 5, 2022 - 16:30
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Asian share markets are doing well despite the lack of an overnight lead from Wall Street. The defensive USD is keeping Pound Sterling and Euro at bay, with Yen also weakening while the Australian dollar was essentially unchanged after the RBA raised rates 50bps as expected this afternoon, remaining depressed at the mid 68 cent The post Macro Afternoon appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
The Australian Independent Media Network
Tuesday, July 5, 2022 - 15:57
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By Andrew Klein In Western tradition there is a concept of kings and queens ruling by divine right, you have to imagine ‘God’ giving his/her imprimatur to the successful bidder for a Throne. Mostly this occurred after bloody battles and political scheming behind the scenes and more often than not involved members of the church.… The post Divine Right to Rule and the Delusion of the Religious Right appeared first on The AIM Network. |
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Your Democracy
Tuesday, July 5, 2022 - 15:53
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Back in time, when we had plenty of gasbags.... PM John Howard pushes 15 Bn gas deal with the US... All now hanging in the balance with Governor Arnold Beefcakenegger... The PM raised the issue with Vice president Dick Cheney-of-Halliburton at a private lunch yesterday. SEE: Pre-dinner informal talks......
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Renew Economy
Tuesday, July 5, 2022 - 14:39
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MacroBusiness
Tuesday, July 5, 2022 - 14:31
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As expected, the Reserve Bank of Australia (RBA) has just dealt a big blow to mortgage holders, hiking the official cash rate (OCR) by 0.5%, taking it to 1.3% Below is the official statement [my emphasis]: At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 1.35 The post Lunatic RBA steers Australia toward recession with 0.5% rate hike appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Renew Economy
Tuesday, July 5, 2022 - 14:12
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MacroBusiness
Tuesday, July 5, 2022 - 14:00
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In May, former Labor leader and shadow minister for the NDIS and government services, Bill Shorten, admitted that Australia’s stunning jobs market – the best in generations – has been driven by the collapse in immigration over the pandemic: Rafael Epstein: We do have a remarkable number today: the lowest unemployment rate since 1974… Do the The post Craig Emerson: Low immigration good for wages appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Your Democracy
Tuesday, July 5, 2022 - 13:47
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WATCH: Mexican President Obrador Suggests Dismantling Statue of Liberty if Assange Convicted in US
The Mexican president has once again said that he was willing to provide asylum to Julian Assange, adding that he would raise the case during his meeting with Joe Biden next week. |
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MacroBusiness
Tuesday, July 5, 2022 - 13:30
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A certain type of person loves to obsess over an arbitrary point of “fertility falling below replacement” as if that is the point of no return for population collapse. The world’s richest man is worried that there aren’t enough humans. I’ve noticed that many other people obsess over the idea that birth rates declining is The post Debunking fertility rate paranoia appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Renew Economy
Tuesday, July 5, 2022 - 13:30
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Renew Economy
Tuesday, July 5, 2022 - 13:02
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MacroBusiness
Tuesday, July 5, 2022 - 13:00
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The Real Estate Institute of New Zealand (REINZ) has released its July survey of licensed real estate agents, which is wall-to-wall bearish and points to further heavy price falls for the nation’s housing market. Below are key indicators presented in the survey. First, a net 61% of responding real estate agents said they are seeing The post New Zealand housing indicators signal price crash appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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Renew Economy
Tuesday, July 5, 2022 - 12:58
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Your Democracy
Tuesday, July 5, 2022 - 12:52
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Sen. Mitt Romney (R-Utah) on Monday said that former President Trump’s return to office would feed into the “national malady of denial, deceit, and distrust” that the senator said President Biden has not been able to break through. |
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MacroBusiness
Tuesday, July 5, 2022 - 12:30
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Charitable food banks across NSW and Victoria have seen surging demand amid the soaring cost of essentials. On Sunday, thousands of Melburnians queued for hours to receive food hampers at Foodbank outlets in Epping and Dandenong. The charity says demand has doubled over the past month, with Foodbank now feeding 50,000 Victorians each day. More The post Aussie food banks inundated amid cost-of-living crisis appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Renew Economy
Tuesday, July 5, 2022 - 12:04
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