Blogotariat

The ferrous jaws must close! SMM wraps it nicely. Today, iron ore futures were in the doldrums. Traders quoted actively, while steel mills purchased as needed and inquired cautiously, resulting in a slightly subdued overall trading atmosphere. This week’s SMM pig iron production survey showed that China’s average daily hot metal output reached 2.3492 million

The post Iron ore needs lower prices appeared first on MacroBusiness.

Commentators ideologically opposed to renewables have sat in their dens in the recent heatwaves waiting for the grid to fail. It didn’t.

The post The most important power station in the nation is no longer a distant coal plant – it’s on our rooftops appeared first on Renew Economy.

Nothing much to move markets overnight except a looming war in Iran and a pause in the continued structural decline of the USD with both the Fed and Bank of Canada holding interest rates with ECB officials broadcasting a similar sentiment. A small bounceback in USD wasa not across the board however as the Australian

The post Macro Morning appeared first on MacroBusiness.

In a recent poll conducted by Ipsos for ITV News in the U.K., over 2,000 Britons were surveyed on their attitudes toward current levels of migration, among other things. What it found amongst those who had an opinion was that high migration is opposed by a majority of Britons, not only among white Britons but

The post Ethnic minority groups oppose high migration appeared first on MacroBusiness.

Ben was joined by George Hasanakos from pollster DemosAU to discuss the surge in support for One Nation, which has pushed them ahead of the combined Liberal-National vote in a number of polls, as well as the split in the Liberal-National coalition. They discuss how these two trends impact on how polls are conducted.

This podcast was recorded before the publication of polls by YouGov and Essential that continued the continuing trend.

THE SPEECH BY MARK CARNEY IN DAVOS WAS AN EYE OPENER ON WHAT THE DECEIT OF THE WEST HAS BEEN — AND A CON-JOB ON WHAT THE FUTURE SHOULD BE... IT HAS BEEN EXTRAODINARILY WELL RECEIVED AROUND THE WESTERN COUNTRIES AS A "MEA CULPA"... IT IS FAR FROM IT.

The biggest isolated grid in Australia, and the world, hits a remarkable wind and solar peak share of 91 pct, and as its big batteries displace coal and gas in evening peaks.

The post World’s biggest isolated grid sets remarkable wind and solar peak of 91.1 pct, as batteries displace coal and gas appeared first on Renew Economy.

Record renewables and storage, falling prices and emissions, lowest coal and plunging gas delivers much needed boost for federal government's energy transition.

The post “Landmark moment:” Prices plunge as renewables supply half of grid, batteries surge and coal hits new low appeared first on Renew Economy.

The devastation of Israel’s war on Gaza has not spared the besieged strip's cultural heritage and museums, mosques, churches, and archaeological sites have been destroyed or heavily damaged.

Asian share markets are generally higher but all the activity has been localised here on a very hot CPI print that has all but guaranteed an interest rate rise at the RBA February meeting. This kept the Australian dollar elevated but that’s more about the “Sell America” trend as all undollars are dumping the “King”

The post Macro Afternoon appeared first on MacroBusiness.

Work begins on contested wind project, which has fought off court challenges and vandalism, and is now owned by a state government agency.

The post Construction work begins on first Latrobe Valley wind project, just one month after state takeover appeared first on Renew Economy.

New Zealand Prime Minister Chris Luxon has announced that the general election will be held on 7 November 2026, with Parliament dissolving on 1 October. The announcement comes amid tight and volatile polling, with NZ First rising sharply, Labour gaining ground, but the National‑led coalition still ahead. Recent polls from RNZ–Reid Research and Roy Morgan show

The post Reserve Bank holds the keys to re-election appeared first on MacroBusiness.