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Oz Blog News Commentary
The Australian Independent Media Network Monday, April 15, 2024 - 09:05 Source

By James Moore   The first criminal trial of an American president is likely to bring more division, and even suffering, to the country he proposes to once more lead. The salaciousness of the story that has brought him before the bar of justice will further demean the highest office in the land, which tends to…

The post What kind of an American are you? appeared first on The AIM Network.

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MacroBusiness Monday, April 15, 2024 - 09:00 Source

War jitters caused Wall Street to pull back sharply on Friday night with continued volatility from weekend events likely to spill over to Asian markets on the open this morning. The USD rebounded to higher strength levels, crushing other undollars – including gold for the first time in weeks – while bond yields pulled back

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Monday, April 15, 2024 - 08:16 Source

German Defense Minister Boris Pistorius has claimed that Russian President Vladimir Putin, like Nazi dictator Adolf Hitler, “will not stop once the war against Ukraine is over.” The German government, meanwhile, continues to arm neo-Nazi units in Ukraine.

“Putin will not stop once the war against Ukraine is over,” Pistorius said in Berlin on Wednesday, at the launch of a book on Britain’s wartime prime minister, Winston Churchill.

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Your Democracy Monday, April 15, 2024 - 07:30 Source

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Your Democracy Monday, April 15, 2024 - 06:00 Source

Liberal democracies remain shamefully complicit with Israel, despite its ongoing genocide against the Palestinian people.

Students of world politics have long understood that when it comes to the strategic interests of leading states, international law is marginalised unless it is useful in waging a propaganda war against adversaries.

 

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MacroBusiness Monday, April 15, 2024 - 00:20 Source

Historical analogies can be very useful at times. There is an excellent replay happening in iron ore that is one of them. The last time China undertook a great structural reform was with the ascension of Xi Jinping in 2012. At that time, it suddenly began to become de regeur to discuss Chinese “rebalancing” In

The post We are about to find out if Australia needs iron ore appeared first on MacroBusiness.

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MacroBusiness Monday, April 15, 2024 - 00:15 Source

Helloooooo Japan: The stock of aggregate financing, a broad measure of credit, expanded 8.7% from a year ago, the slowest pace on record since the data began in 2017. Financial institutions offered 3.1 trillion yuan worth of new loans, according to Bloomberg calculations based on data released by the People’s Bank of China on Friday, less than the 3.6

The post Chinese credit Titanic sinks appeared first on MacroBusiness.

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MacroBusiness Monday, April 15, 2024 - 00:05 Source

CBA economist, Harry Ottley, has published a terrific statistical report on Australia’s rental market, which unambiguously shows that the unprecedented surge in net overseas migration after the international border was reopened in late 2021 is behind the collapse in the rental vacancy rate and the hyperinflation in rents. The surge in rents would have been

The post ‘Population shock’ behind Australia’s rental crisis appeared first on MacroBusiness.

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Your Democracy Sunday, April 14, 2024 - 18:26 Source

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Your Democracy Sunday, April 14, 2024 - 17:16 Source

Negotiations between Germany and Russia are possible but only after Moscow gives up on its goals in the Ukraine conflict, Chancellor Olaf Scholz said on Saturday. The German leader told the newspaper TAZ that he would only talk with President Vladimir Putin if Russia “abandoned” its campaign.

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Your Democracy Sunday, April 14, 2024 - 16:03 Source

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The Australian Independent Media Network Sunday, April 14, 2024 - 15:48 Source

It seems Prime Minister Anthony Albanese does. In Brisbane this week he announced that the ALP Government would be considering legislation that would bring some high technology manufacturing back to Australia. While some of us may be pining for the return of the ‘Aussie designed and made’ Holden or Ford, along with the Lightburn fridge,…

The post Remember when they had vision appeared first on The AIM Network.

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Renew Economy Sunday, April 14, 2024 - 12:47 Source
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The Australian Independent Media Network Sunday, April 14, 2024 - 11:19 Source

While the Australian government continues to pirouette with shallow constancy on the issue of Israel’s war in Gaza, making vacuous utterances on Palestinian statehood even as it denies supplying the Israeli Defense Forces (IDF) with weapons (spare parts, it would seem, are a different, footnoted matter), efforts made to unearth details of the defence relationship…

The post Secret Agreements: The Australian-Israel Defence Memorandum of Understanding appeared first on The AIM Network.

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Digitopoly Sunday, April 14, 2024 - 10:20 Source

Generative AI has created a gold rush today, but that rush has not yet grown into either a productivity boom or a financial bubble. There are good reasons to think this rush could become either one.Which one is just around the corner? Could it be both? In case you forgot, we did live through a productivity bonanza that morphed into a financial bubble during the commercialization of the Internet. That alone makes it plausible to forecast that history will repeat itself a quarter of a century later. You may also have more self-centered reasons to pay attention.

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Your Democracy Sunday, April 14, 2024 - 09:22 Source

In the document (45 pages) of August 31, 2022 following an investigation in Xinjiang by the UN High Commissioner for Human Rights (OHCHR), chaired by Michelle Bachelet, the word “genocide” does not appear once. times.

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Your Democracy Sunday, April 14, 2024 - 09:11 Source

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Your Democracy Sunday, April 14, 2024 - 08:05 Source

Retired UK general Sir Richard Barrons has told the BBC that there is “a serious risk” of Ukraine losing the conflict with Russia this year. With ammunition and manpower running low, Barrons warned that Ukrainian forces may be unable to hold back a major Russian offensive this summer.

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AustralianPolitics.com Saturday, April 13, 2024 - 20:09 Source

A knife attack at the Bondi Junction Westfield shopping centre in Sydney has resulted in the deaths of seven people, including the killer. The dead include four women and one male who died at the shopping centre. The mother of a nine-month old baby subsequently died in hospital. The baby was also stabbed in the attack. The killer, a lone 40-year-old male, known to police, was shot dead by a NSW Police Inspector who was the first police officer to arrive on the scene. Prime Minister Anthony Albanese and Federal Police Commissioner Reece Kershaw held a press conference shortly after 7pm tonight.

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AustralianPolitics.com Saturday, April 13, 2024 - 20:09 Source

Following a knife attack at the Bondi Westfield shopping centre which has resulted in the deaths of seven people, including the killer, Prime Minister Anthony Albanese and Federal Police Commissioner Reece Kershaw have held a press conference. The dead include the mother of a nine-month old baby who was also stabbed in the attack. The killer, a lone male, was shot dead by a NSW Police Inspector who was the first police officer to arrive on the scene. Watch PM Albanese and Federal Police Commission Kershaw’s press conference (8m):

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The Tally Room Saturday, April 13, 2024 - 18:12 Source

6:57 – Just in case there was any doubt, the Liberal Party’s Simon Kennedy has won this by-election.

I will continue to liveblog but I admit I won’t be as diligent as I might be for a more interesting election.

With three booths reporting preference counts, Kennedy is on 73.2%.

6:53 – The AEC is conducting a preference count between Liberal and Greens, but since that count wasn’t conducted in 2022, we can’t do matched swing. Thus we only have the raw figure, not a projected figure. After one booth, Kennedy is on almost 69%.

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Your Democracy Saturday, April 13, 2024 - 13:51 Source

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Renew Economy Saturday, April 13, 2024 - 12:59 Source

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MacroBusiness Saturday, April 13, 2024 - 12:09 Source

DXY is up and away: AUD is back at critical support: North Asia is under intense pressure: Oil and gold hanging in there: Base metals still chasing no landing: But not big miners: And EM hates no landing: So does junk: Yields fell but it was a steeper week for sure: Stocks hate no landing:

The post Australian dollar eaten alive in bear frenzy appeared first on MacroBusiness.

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MacroBusiness Saturday, April 13, 2024 - 08:10 Source

Shane tees off again.  Shane is pro the Population Ponzi.  Invariably long on rant and short of rationale or data Shane has been the less conspicuous but ever present mainstay of the Ninefax pro Ponzi stable. Let us examine his offering……   Migrants – what are they good for? A lot, actually Shane Wright Senior economics

The post Shane’s nonsensical Ponzi Spruik appeared first on MacroBusiness.

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New Politics Saturday, April 13, 2024 - 08:00 Source

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Your Democracy Saturday, April 13, 2024 - 07:31 Source

NATO has been sold to the world as some kind of international security agency. How Orwellian can you get? Peace means war, security means chaos and threats, and rules-based order means domination and exploitation.

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Your Democracy Saturday, April 13, 2024 - 06:45 Source

Is An American Parliament the Answer to Our Rotting Democracy?

Professor Max Stearns argues for a new system of government that would see the U.S. catch up with the rest of the world’s democratic systems.

 

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Your Democracy Saturday, April 13, 2024 - 06:17 Source

After watching the five (if I can still count) idiotes on The View talking about the recent solar eclipse, one can hope that Artificial Intelligence is more intelligent than these cackling crapping geese…

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Your Democracy Saturday, April 13, 2024 - 05:41 Source

Atomic war is possible. World peace hangs on the finger of the United States, blackmailed by Ukrainian "integral nationalists" and Israeli "revisionist Zionists". If Washington doesn’t deliver weapons to massacre the Russians and Gazans, they won’t hesitate to launch Armageddon.

 

Is the possibility of a World War real?

by Serge Marchand , Thierry Meyssan

 

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