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MacroBusiness Monday, June 23, 2025 - 09:30 Source

Goldman has presented four possible scenarios for the oil market arising from the US attack on Iran’s nuclear facility: Scenario One, we stay in the present scenario where we do not have a meaningful or any loss of supply… I think in that situation we stay around these sort of levels because we are seeing some curtailment of

The post How high for oil as world goes nuclear? appeared first on MacroBusiness.

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Your Democracy Monday, June 23, 2025 - 09:17 Source

The mainstream French media ignored the reality of Nazism's existence in Ukraine for years and refused to acknowledge the widespread presence of Nazi ideology within the Ukrainian armed forces, even when Ukrainians wore swastikas or other Nazi symbols during military training in France. And then, suddenly, one of the major French media outlets noted "hundreds of similar cases." Why?

 

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The Tally Room Monday, June 23, 2025 - 09:15 Source

Last month I posted about the increase in the proportion of votes that were cast early (postal, pre-poll and remote) as opposed to those cast on election day. 55.7% of votes were cast early, with just 43.6% casting their votes on the day.

For today’s post I am looking at how those voters actually voted, and how it’s changed over time.

Starting with the two-party-preferred vote, applying my estimate of the Bradfield 2PP, the gap between election day and the early vote is the widest I’ve seen since at least 2004.

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MacroBusiness Monday, June 23, 2025 - 09:00 Source

Oil prices will likely gap 20% higher this morning when markets open given the illegal attack on Iran by the Trump regime over the weekend, with equity futures indicating higher volatility as well. This will truly re-set risk markets across the board, with all eyes on US Treasuries for signs this conflagration could have an

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Monday, June 23, 2025 - 08:00 Source

The Q1 national accounts, released earlier this month, showed that the private sector economy remains locked in recession. Australia’s per capita GDP declined by 0.2% over the quarter, the ninth decline in 12 quarters. It was also the longest (but not deepest) decline in GDP per capita in modern recorded history. The decline in per

The post Australia’s private sector economy tanks appeared first on MacroBusiness.

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Your Democracy Monday, June 23, 2025 - 07:53 Source

Foreign Minister Penny Wong has continued her round of morning media interviews, stopping by ABC's News Breakfast, where she's reiterated the government's support of the US' strikes on Iran's nuclear facilities.

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Your Democracy Monday, June 23, 2025 - 06:27 Source

Israel flew over to Iran with fighter jets and has since gone totally ballistic — literally and figuratively. So what does the European Union’s insane clown posse have to say about it? Get yourself some popcorn. The Eurojokers are doing their best stand-up comedy again without even realizing it.

 

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Your Democracy Monday, June 23, 2025 - 05:03 Source

 

As the world reacts to the entry of the US into Israel’s attack on Iran, Greg Barns says the actions betray the rules based order.

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Your Democracy Monday, June 23, 2025 - 04:39 Source

 

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Your Democracy Monday, June 23, 2025 - 04:24 Source

‘If Iran falls, we’re next’: What Russian experts and politicians are saying about the US strikesRT has gathered reactions in Moscow, ranging from geopolitical alarm to bitter irony, following the US attack on Iran’s nuclear sites

 

By Georgiy Berezovsky, Vladikavkaz-based journalist

 

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John Quiggin Monday, June 23, 2025 - 04:19 Source

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.

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MacroBusiness Monday, June 23, 2025 - 00:05 Source

The ABS released its official population data for Q4 2024, which showed that both immigration and population growth continue to ease back from record highs. In Q4 2024, Australia’s population grew by 91,100, down from 121,600 in the same quarter the year before. Net overseas migration (NOM) of 68,000, down from 99,500 in Q4 2023,

The post The truth about Australia’s housing crisis appeared first on MacroBusiness.

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Renew Economy Sunday, June 22, 2025 - 20:43 Source

glenrowan solar farm

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Your Democracy Sunday, June 22, 2025 - 18:43 Source

"We have received divers and sundry reports both by your own subjects and others, who have visited some parts of Your Majesty's empire ... This has encouraged us to find a shorter route by sea from us to your country than the usual course that involves encompassing the greatest part of the world."

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Your Democracy Sunday, June 22, 2025 - 18:13 Source

UNITED NATIONS -- United Nations Secretary-General Antonio Guterres on Saturday branded the US strikes on Iran as a "dangerous escalation in a region already on the edge — and a direct threat to international peace and security."

"There is a growing risk that this conflict could rapidly get out of control — with catastrophic consequences for civilians, the region, and the world," Guterres said in a statement.

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MacroBusiness Sunday, June 22, 2025 - 13:50 Source

US President Donald Trump has confirmed that the United States has bombed nuclear sites in Iran BBC Reuters Al Jazeera ABC Well, it is now on for young and old. We’ve been here before haven’t we…….. The world’s preeminent military power threatening a strike against a Middle Eastern nation known for fomenting trouble.  The message

The post Game on: Trump bombs Iran appeared first on MacroBusiness.

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Your Democracy Sunday, June 22, 2025 - 11:11 Source

MORE TO COME..

 

YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.

 

         Gus Leonisky

         POLITICAL CARTOONIST SINCE 1951.

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Your Democracy Sunday, June 22, 2025 - 10:56 Source

The video presents a critical analysis of the U.S. and Israel’s handling of the escalating conflict with Iran, drawing attention to questionable justifications for military involvement and the broader implications of such actions.

Key points include:

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Your Democracy Sunday, June 22, 2025 - 10:14 Source

Trump confirms US airstrikes on Iranian nuclear sites

President Donald Trump said the US had carried out attacks against three nuclear sites in Iran, including the site in Fordo.

Trump posted on his Truth Social account that a "a full payload of bombs was dropped" on the site, that is known to be located several dozen meters underground, making it more difficult to attack.

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MacroBusiness Sunday, June 22, 2025 - 09:37 Source

By Harry Ottley, Economist at CBA TheAustralian unemployment rate remained steady at 4.1% in May. Population growth in Australia continues to ease, with the annual rate down to 1.7% in Q4 24. News offshore was dominated by geopolitical events as Israel and Iran continued hostilities following initial Israeli strikes a week ago. The FOMC left

The post The economic week ahead appeared first on MacroBusiness.

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MacroBusiness Sunday, June 22, 2025 - 09:27 Source

Cotality’s preliminary auction report revealed that the national clearance rate was 73.9% this weekend, which is the highest preliminary result since July 2024. Melbourne recorded a preliminary clearance rate of 76.6%, which is the highest since May 2023. Sydney’s clearance rate of 73.5% was the city’s highest since the week ending 23 February 2025, following

The post Australian house prices soar into winter appeared first on MacroBusiness.

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Your Democracy Sunday, June 22, 2025 - 08:42 Source

Amalie Emmy Noether[a] (23 March 1882 – 14 April 1935) was a German mathematician who made many important contributions to abstract algebra.

 

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Your Democracy Sunday, June 22, 2025 - 06:59 Source
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THE BLOT REPORT Saturday, June 21, 2025 - 22:31 Source
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Your Democracy Saturday, June 21, 2025 - 20:34 Source

There are few differences between the lies told to ignite the war with Iraq and the lies told to ignite a war with Iran. The assessments of our intelligence agencies and international bodies are, as they were during the calls to invade Iraq, airily dismissed for hallucinations.

 

Chris Hedges: War Deja Vu

 

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Your Democracy Saturday, June 21, 2025 - 17:08 Source

Introducing our new columnist Fred Zhang, who brings you his take on the way the Australian media reports and/or mis- and under- reports on China.

Last week, we saw yet another masterclass in how News Corp reduces complex geopolitical realities into blunt instruments of fear.

 

Fred Zhang

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Your Democracy Saturday, June 21, 2025 - 16:53 Source

This is a report on what is most likely to happen in Iran, as early as this weekend, according to Israeli insiders and American officials I’ve relied upon for decades. It will entail heavy American bombing. I have vetted this report with a longtime US official in Washington, who told me that all will be “under control” if Iran’s Supreme Leader Ali Khamenei “departs.”

 

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Your Democracy Saturday, June 21, 2025 - 14:35 Source

Self-proclaimed ‘crown prince of Iran’ Reza Pahlavi has called for a “nationwide uprising,” but is a political zero with absolutely no shot at winning over ordinary Iranians, says prominent Tehran-based political analyst and commentator Mohammad Khatibi.

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MacroBusiness Saturday, June 21, 2025 - 09:00 Source

In this MacroBusiness podcast, Gunnamatta, banking insider Deep T, and Leith van Onselen unpack the latest productivity summit, Australia’s broken economic model, Australia’s energy policy failures, and other issues. Highlights: 0:00 Introduction 1:26 Why Australia’s productivity stinks 10:27 The economic Ponzi scheme 21:29 The economy is designed to fail 26:13 Australia should be the richest nation

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New Politics Saturday, June 21, 2025 - 08:00 Source

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