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Oz Blog News Commentary
New Politics Sunday, June 4, 2023 - 09:00 Source

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Renew Economy Sunday, June 4, 2023 - 07:39 Source

 Queensland government.

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Your Democracy Sunday, June 4, 2023 - 07:19 Source

Ukraine is ready to launch its long-awaited offensive, President Vladimir Zelensky told the Wall Street Journal (WSJ) in an interview published on Saturday. He did not reveal the exact date, but said Kiev can no longer “wait for months.” 

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Your Democracy Sunday, June 4, 2023 - 06:13 Source

"My bad mood is vanishing thanks to hard work. I've embarked on a modern subject—a barricade. And if I haven't fought for my country at least I'll paint for her.

 

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Your Democracy Sunday, June 4, 2023 - 04:28 Source

 

In September, the Victims of Communism Memorial Foundation—established by a bipartisan act of Congress in 1993—opened the Victims of Communism Museum in Washington, D.C., which aims to spotlight the plight of the alleged 100 million victims of Communist ideology.

 

By

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MacroBusiness Sunday, June 4, 2023 - 00:10 Source

The AFR View released an editorial this week asserting that “Australia’s housing affordability crisis is due to the supply side, stupid.” That, The AFR claimed, is the lesson policymakers must learn, according to research from former Reserve Bank economist Tony Richards. The crux of Richards’ argument was that, in the 20 years leading up to

The post Australia confronts permanent housing shortage appeared first on MacroBusiness.

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MacroBusiness Sunday, June 4, 2023 - 00:01 Source

DXY rebounded Friday night with tearaway jobs: AUD did too: as China readies property stimulus: Commodoties popped: Miners roared: Even junk got a fillip: As the Treasury curve was run down: And stocks melted up: It is a mad, mad market interpreting everything as bullish and stopping in all and sundry. US jobs were excellent,

The post Australian dollar melts down as AI stocks melt up appeared first on MacroBusiness.

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MacroBusiness Sunday, June 4, 2023 - 00:01 Source

On Friday, ANX raised its terminal RBA cash rate to 4.35%. Credit Suisse Group AG’s Yaying Dong predicts that by September the Reserve Bank’s cash rate will be 4.6%, as services inflation becomes “much more entrenched.” Stephen Anthony, an economist who has worked for the International Monetary Fund and the Australian Treasury, predicts a longer

The post RBA hawks swoop on Albo’s inflation shock appeared first on MacroBusiness.

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John Quiggin Saturday, June 3, 2023 - 15:52 Source
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New Politics Saturday, June 3, 2023 - 13:00 Source

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MacroBusiness Saturday, June 3, 2023 - 12:20 Source

Former RBA governor Ian Macfarlane this week warned that the fixed rate ‘mortgage cliff’ poses a serious concern for Australian households and the financial system, and may require intervention from regulator APRA and the federal government. “It will be resolved by the bank’s customer – the borrower – taking a haircut, probably APRA bending a

The post Fixed rate cliff spurs record mortgage refinancing appeared first on MacroBusiness.

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Your Democracy Saturday, June 3, 2023 - 12:07 Source

Phil Butler:  Many people in my country are beginning to understand the lies and control mechanisms put in place by our elites. Liars are easily found over time.  A Cold War mentality of our elite dinosaurs grafted onto the new breed of soulless elites is now crystal clear. The proxy war in Ukraine, the aggression toward China, and the hubris of Western leadership are finally tipping the scales.

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THE BLOT REPORT Saturday, June 3, 2023 - 10:04 Source

I promise this will be the last examination of the idiocy of Gerard Rennick, at least for a while. The first effort in dealing with his idiocy was stuff that was available in the media1, while the second was an examination of his speech in parliament on the Climate Change Bill 20222. This third instalment is a continuation of the latter, as Rennick’s speech3 was too long and the instances of idiocy too numerous to cover in an essay of reasonable length. So, here we go again.

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Your Democracy Saturday, June 3, 2023 - 06:47 Source

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Your Democracy Saturday, June 3, 2023 - 06:20 Source

The lower house of Switzerland’s parliament has voted against a proposed amendment to the national War Materiel Act that would allow Swiss weapons to be re-exported to Ukraine from third countries. The US and several European nations have repeatedly criticized Bern for its refusal to play a more active role in supporting Kiev.

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The Australian Independent Media Network Saturday, June 3, 2023 - 06:00 Source

Who else but Florida Governor Ron DeSantis would be game enough to shape up to Donald Trump? A man who encouraged a pack of low lives to overthrow the Government because he felt (and still does) he had been robbed of a presidential victory. Millions of his followers side with him, despite the evidence to…

The post The rebirth of Donald Trump has biblical overtones. But can he win? appeared first on The AIM Network.

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Your Democracy Saturday, June 3, 2023 - 05:52 Source

 

FREE JULIAN ASSANGE NOW...................

 

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MacroBusiness Saturday, June 3, 2023 - 00:02 Source

Global Macro / Markets / Investing: Ron Paul States Federal Reserve’s ‘Decade of Near 0% Rates’ Caused Today’s Financial Crisis – Bitcoin News The world is finally spending more on solar than oil production – Tech Review EV Charging Wars – It’s VHS Vs Betamax All Over Again – Clean Technica What comes after housing

The post Weekend Reading: 3-4 June 2023 appeared first on MacroBusiness.

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Club Troppo Friday, June 2, 2023 - 23:43 Source

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Your Democracy Friday, June 2, 2023 - 22:51 Source

By David Barsamian and Norman Solomon / TomDispatch

[The following is excerpted and adapted from David Barsamian’s recent interview with Norman Solomon at AlternativeRadio.org.]

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New Politics Friday, June 2, 2023 - 19:44 Source

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Your Democracy Friday, June 2, 2023 - 18:56 Source

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Your Democracy Friday, June 2, 2023 - 16:20 Source

Zelensky and Macron planning ‘peace summit’ without Russia – WSJ

The gathering is aimed at bringing non-Western nations on board with Kiev’s peace plan, which Moscow has rejected

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Cheeseburger Gothic Friday, June 2, 2023 - 16:04 Source

This long report from the Royal Aeronautical Society’s Future Combat Air & Space Capabilities Summit goes on for a long time before it gets to this nugget way down the back end.

I kinda think they buried the lede.

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MacroBusiness Friday, June 2, 2023 - 16:00 Source

Asian markets are green across the board, finishing the trading week with hope an optimism before tonight’s US jobs report. Chinese stocks are leading the way but Japanese bourses are also pushing higher despite Yen appreciating in the short term against USD. Meanwhile the Australian dollar has breached the 66 cent level on those same

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Friday, June 2, 2023 - 15:10 Source

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Renew Economy Friday, June 2, 2023 - 15:03 Source

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MacroBusiness Friday, June 2, 2023 - 14:30 Source

Hot on the heels of this week’s dire dwelling approvals data, which collapsed to a 13-year low: The Australian Bureau of Statistics on Friday released data on the number of loans issued for the purchase or construction of a new home: The total number of construction loans collapsed to just 2546 in April, which is

The post Situation critical for Aussie home builders appeared first on MacroBusiness.

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MacroBusiness Friday, June 2, 2023 - 14:00 Source

The woke mind virus is strong at The Guardian. So strong that it tips over into a kind of madness in which it most loudly whines about the fallout from the very policies that it endorses. No media outfit in Australia is more committed to mass immigration than The Guardian. It labels anybody suggesting that

The post Left, right hyena pack rips at housing carcass appeared first on MacroBusiness.

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MacroBusiness Friday, June 2, 2023 - 13:30 Source

ANZ’s Quarterly Economic Outlook tipped that New Zealand’s economy would “slip into recession in the second half of the year” as “the lagged effects of monetary policy” bite: This forecast recession would be driven by “slower household spending, and reduced business and residential investment”: Despite this sombre prognosis, ANZ still tipped that the Reserve Bank

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