Blogotariat

The Simandou iron ore project is nicknamed the “Pilbara killer” because it threatens Australia’s dominance in the global iron ore market, particularly the Pilbara region of Western Australia. This is because Simandou offers massive volumes of higher‑grade ore that could reshape pricing power and supply chains. Simandou in Guinea holds reserves of at least 3

The post The Pilbara Killer is a budget killer appeared first on MacroBusiness.

Lachlan Murdoch won the battle to follow in his father’s footsteps and obtain control over News Corp, a media conglomerate in decline. Is he up for it? David Tyler asks.

Imagine inheriting a media empire after spending $1.1B per sibling just to buy them off. Then discovering you’ve just spent billions to secure control of something that looks glorious on the surface but is, underneath, a paper tiger gasping for oxygen. That’s Lachlan Murdoch in 2025.

Booming solar and continued wind energy growth has outpaced rising electricity demand so far in 2025, keeping fossil generation flat for the first time since the global Covid 19 pandemic.<

Risk markets continue to price in some stability returning to US governance with European shares also rallying on the better risk equation (aka less AI malevolence) with Wall Street again stumbling around overnight. The USD was relatively stable in the absence of any economic reports although it firmed against Yen and Pound Sterling while Euro

The post Macro Morning appeared first on MacroBusiness.

UK Prime Minister Keir Starmer has insisted he runs a "united team" after a senior minister was forced to repeatedly deny that he planned to oust the embattled premier.

Sir Keir's comments came after Downing Street sources said Britain's leader would fight off any leadership challenge, as the anonymous briefing exposed tensions at the heart of the beleaguered government.

It beggars belief that the outgoing head of the RSL, Greg Melick, has abused the quiet solemnity of Remembrance Day to lecture and berate the Albanese government on its defence policy.

Worse, he carelessly flung around the tired epithet of ‘appeasement’ at the Prime Minister and his Ministers.

Paul Keating

The IEA blows up claims that weather dependent variable energy resources have a greater cost impact on bills.

The developer behind Australia's biggest wind project in Victoria is seeking federal environmental approval for potentially its first big battery project in Australia.

Another mixed day for Asian stock markets without a clear lead from Wall Street overnight as political machinations and a few central bank speeches within the region. The USD was largely unchanged although some commodity currencies moved higher while gold and the Australian dollar remained steady after holding on to their post weekend gap gains.

The post Macro Afternoon appeared first on MacroBusiness.

When one mentions Zbigniew Brzezinski, it is like advancing the concept that the devil is a great proponent of Christianity because it gives him (the devil is male, transgender or female — depending on your bent) more material to work with.

So what about good old professor Jeffrey Sachs? This is a case of understanding the game being played.... and it appears Jeffrey Sachs realised he had been played like a pawn on the grand chessboard of geopolitics...

Speculation is rife on what caused the spectacular failure of a transformer at the site of Australia's most powerful battery, and what it all means.