Blogotariat

One of the biggest remaining coal generators in Australia is learning to dance - around rooftop solar - and is regularly switching off in the middle of the day.

Following May’s election, the nation’s electorate fundamentally changed the requirements to pass legislation through the nation’s upper house. Prior to the election, Labor held 25 senate seats, with the Greens holding 11, giving them 36 votes in a chamber that requires 39 for an unassailable majority. When Parliament sat for the first time post-election, the

The post The Greens hold the power appeared first on MacroBusiness.

The hyper-taut ferrous complex should not be confused with equilibrium. The market is indeed stable, but this is not owing to calm price pressures. Steel demand is stable due to exports. Steel production is far too high on anti-innovation stupidity. This is a market with Godzilla pulling at one end and King Kong at the

The post The shared doom of iron ore and gas appeared first on MacroBusiness.

Perfection prevails NDX continues trading inside the perfect trend channel that has been in place since May. Buying the 21 day remains a simple but profitable strategy. We are here Nothing new, but NDX seasonality from here is very strong. SPX +7300 SPX is +14%YTD. Goldman’s Garrett points out: “Only 4 other instances where SPX

The post FOMO Mania Meets AI Nuclear Fever appeared first on MacroBusiness.

The current European nonentities have replaced titans—flawed, perhaps, but figures with gravitas, charisma, and historical will. There was Merkel, who could take a punch; Macron, young and with the ambitions of a new Napoleon; and even Johnson with his chaotic but distinct style

The EU’s House of Cards: How Talentless Pygmalions Are Molding a World Out of Nothingness

The Church of England has appointed its first female Archbishop of Canterbury, ending 1,400 years of male leadership. Former top British nurse, Sarah Mullally, was installed as the confession’s highest-ranking clergy by a church synod on Friday.

Though female priests were first ordained in 1994, women were not permitted to take senior posts until 2014, a reform that followed years of internal schisms and debates within the Church.

Rupert Murdoch built more than a media empire. He built a cathedral of grievance where facts die on the altar and paranoia pays the rent. [...]

The post A Cathedral of Grievance: How Murdoch Built The Monster He Can No Longer Control appeared first on The AIM Network.

As a private citizen, I have long sought to understand how finance has imposed its influence on the States themselves. I discovered, by consulting the most eminent economists, that the answer, far from being complicated, is quite simple, as described by Michael Hudson, an American economist, considered by his peers to be one of the greatest in the world....

Monetary power and public debt

BY Thomas Erpé

Civilisation is under attack from Australian doctors, warns pro-Israel psychiatrist Doron Samuell. Royal Children’s Hospital agrees. Wendy Bacon and Stephanie Tran investigate.

Before and during the First World War, members of the German armed forces had sworn an oath of allegiance to the Kaiser. This changed after Germany’s defeat, and the establishment of a democratic Weimar Republic. Not only did the political leaders of the new Weimar Republic seek to democratise the military by changing its social makeup but also by changing the oath of allegiance. The new oath required soldiers to swear loyalty to the Constitution and its institutions, rather than to any individual.

However, for many career soldiers, the idea of swearing an oath to a constitution was alien1.

The Trump Plan is designed to reframe the issues in favour of Israel. Palestinians have been betrayed again.

The indicted war criminal Netanyahu has got what he wants. The felon, Trump, so eager for a Nobel Peace Prize, has obliged him. Tony Blair’s involvement suggests satire rather than diplomacy.

If you want bona fide proof that the Australian Treasury has become a propaganda arm of the federal government, look no further than its modelling of the impact of Labor’s 5% deposit scheme for first home buyers. Under Labor’s First Home Guarantee scheme, which came into effect on Wednesday, almost all first home buyers can

The post Australian house prices are rigged to blow appeared first on MacroBusiness.