Blogotariat

Let’s call it the Llewellyn Turning Point. That moment when every Emerging Market shifts beyond investment utilising steel into other stuff like human beings. China is there. On the surface, March data looked OK: Industrial production rose 4.5% in March from a year earlier (below economists’ forecast of 6%). Industrial output rose 6.1% for the first quarter (below the 7.0% in

The post Chinese growth decouples from steel appeared first on MacroBusiness.

The terrorism incident in Sydney last night saw the government, Federal Police and ASIO speaking out today in an attempt to calm Australians already unsettled by the Bondi shopping centre murders on Saturday. In western Sydney overnight, a teenager with a knife entered Christ the Good Shepherd Church, an Assyrian community church in Wakely, and stabbed Bishop Mar Mari Emmanuel whilst he was preaching. After members of the congregation detained the youth, live-stream video of the incident was circulated on social media. A riot ensued outside the church with NSW police coming under attack.

The rocky start to the trading week is deepening with stock markets in Asia losing significant ground in response to the escalation in conflict across the Middle East, with a further spike in USD and bond yields. The latest Chinese GDP print did little to assuage risk sentiment either. The Australian dollar is trying to

The post Macro Afternoon appeared first on MacroBusiness.

Columbia Law School researchers identify 33 of the most pervasive myths about solar, wind and electric vehicles and rebut them using transparent, fact-based responses.

The Middle East has, for some time, been a powder keg where degrees of violence are tolerated with ceremonial mania and a calculus of restraint.  Assassinations can take place at a moment’s notice. Revenge killings follow with dashing speed. Suicide bombings of immolating power are carried out. Drone strikes of devastating, collective punishment are ordered,…

The post Suspending the Rule of Tolerable Violence: Israel’s Attack and Iran’s Retaliation appeared first on The AIM Network.

By Jane Salmon, voluntary refugee advocate for over 11 years. Introduction: The facts are obvious. As Senator Meereen Faruqi has written, this Bill would: Create a travel ban on certain countries (it is not clear which ones). Send people to jail for at least 1 year if they don’t cooperate with the Government in their…

The post Senate Submission on Migration Amendment Bill 2024 appeared first on The AIM Network.

Last year, the Albanese government vowed to streamline the list of occupations eligible for employer-sponsored visas. The first draft of the new job list, devised by the government agency Jobs and Skills Australia (JSA), reportedly omits chefs, cooks, bakers, and managers, which has angered the hospitality industry. The hospitality industry is now gearing up for

Japan's largest coal and gas plant owner, which has been making moves into offshore wind – including in Australia – launches a renewables-only platform.

More economists have backed Productivity Commission chair Danielle Wood’s critique of the Albanese government’s “Future Made” subsidies for low-emissions manufacturing. Former Reserve Bank of Australia (RBA) governor Bernie Fraser contends that the plan represents a risk to taxpayers. He notes that governments do not have a good track record when it comes to ‘picking winners’

A toxic gas is turbocharging heatwaves, bushfires and coral bleaching, and going largely unreported under "faulty" emission safeguards, satellite data suggests.

In December 2022, The Australia Institute (TAI) complained that Australia’s transport emissions had risen above pre-pandemic levels, which it blamed on the uptake of SUVs and utes. “The government projects that by 2035, electric vehicles will account for 44% of new car sales compared to less than 1% in 2019. But despite this uptake, transport emissions

The post Shocked! More people means more cars and emissions appeared first on MacroBusiness.

Madeleine King, Minister for Resources in the Albanese government recently announced that she will curtail the ability of Australians to challenge resource corporation projects in court (The West Australian 26/3/24). She has several possible motivations which just might include the prospect of a lucrative post-politics career. This attack on democratic rights is built on decades…

The post Fossil Fuel’s war on protest appeared first on The AIM Network.