The International Monetary Fund (IMF), one of the chief instruments of global capital, has been calling on China for some time to reorient its economic policies and reduce its reliance on exports, with the implied threat there will be retaliation from other major powers if it does not do so.
IMF calls on China to restructure its economy
by Nick Beams
Iran has not backed down in the face of the increasing US military presence in the Middle East, much to the frustration of President Trump. Meanwhile, there have been further student protests in Iran.
Iran: Trump 'curious' as to why Tehran hasn't 'capitulated'
BY Louis Oelofse | Matt Ford with AFP, Reuters
A group of locals are appealing a permit issued for the on-shore transmission infrastructure to connect the Marinus Link undersea cable with the Tasmanian grid.
The post Locals launch last-ditch legal challenge in bid to stop Marinus Link appeared first on Renew Economy.
French developer of the troubled Hinkley Point C nuclear power plant says it likely to be delayed by a further 12 months, costing the company an additional €2.5 billion.
The post World’s most expensive nuclear power plant blows out again, by €2.5 billion and 12 months appeared first on Renew Economy.
Lol, you go girl. Our favorite thorn in the side of the fake left, Drew Pavlou, has been deported back to Australia. Pavlou recently decided to test Billie Eilish’s Grammy Awards statement that “no one is illegal on stolen land.” He joked that, as an illegal immigrant, he would fly to Los Angeles and “occupy”
The post Drew Pavlou deported to Australia appeared first on MacroBusiness.
I have been recording an increasing bearishness in the market over the past few weeks. Now it appears the tail risk might be on the other side of the boat, or on both sides. Short interest has rocketed. It’s in the Sardines too. Weirdly, tech is the least shorted. It’s mostly defensives. With vol on
The post Tariffs rescue the shorts appeared first on MacroBusiness.
State Labor government shifts into caretaker mode after locking in "pivotal" plan to launch a major competitive tender for new solar, wind and storage projects.
The post State Labor pledges huge renewables tender for land “twice the size of Kangaroo Island” appeared first on Renew Economy.
South Australian Premier Peter Malinauskas let the veil slip last week, claiming in a talk to CEDA that Australia needs high inflows of migrants from poor developing nations to wipe elderly Australians’ bums: “My message to One Nation voters is: who’s going to feed you and bathe you and wipe your bum when you’re 90,
Since the end of 2019, Australia has recorded the strongest net overseas migration (NOM) in the nation’s history, with 266,000 net migrants arriving annually, including the Covid-19 border closures: According to Shane Oliver at AMP, Australia’s cumulative housing shortage is tracking somewhere between 200,000 and 300,000, depending on assumptions about the number of people per
Former Treasury official turned director of Macroeconomics Advisory, Stephen Anthony, is one of the few economists who understands the pitfalls of Australia’s transition to an all-renewable energy future. Anthony penned an article in the Daily Telegraph warning that the foolhardy push to close down Australia’s stable, baseload coal power for intermittent, weather-dependent renewables will drive
Renewables dedicated offshoot of finance giant Macquarie emerges as buyer of oil giant's gigawatt-scale portfolio of solar and storage projects around Australia.
The post Investment giant snaps up 1 GW solar and battery portfolio of retreating oil supermajor appeared first on Renew Economy.
Iron ore futures have been on a significant sag in Singapore over the Chinese Lunar New Year break. Chinese markets reopen tomorrow, and we typically see a bounce in ferrous prices after the holiday. That said, I am looking through it this year and holding my shorts. The market is fundamentally weak with far too
The post Iron ore’s long losing streak set for reprieve? appeared first on MacroBusiness.
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
Last week, the Australian Bureau of Statistics (ABS) released wage data for the December quarter, which revealed that real inflation-adjusted wages fell by 0.3% in 2025, tracking at the same level as December 2011. The Reserve Bank of Australia’s (RBA) latest Statement of Monetary Policy also projected that real wages won’t recover over its forecast
Anthony Albanese is a renowned backroom bovver boy. He doesn’t care about policy or the country. He cares about power and keeping his side in charge of it. And boy, is he on a winner with One Nation. As noted last week, ON is now destroying the opposition LNP at the state level just as
The post Albo is deliberately building One Nation appeared first on MacroBusiness.