The latest interest rate futures pricing has Australia’s official cash rate sitting at 4.17% by the end of 2026. Thus, financial markets are tipping at least two and possibly three 25 bp interest rate hikes by the end of this year. If these forecasts came to fruition, variable mortgage rates would climb to around 6%
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Together, 45 global livestock companies produce more greenhouse gases than all but eight countries. Plus, crimes against nature are big business that rely on criminal networks, corrupt officials and eager customers, and global warming marches on.
The ferrous jaws must close! The CNY steel inventory restock has begun from a higher level than last year, according to CISA data. The iron ore port mountain is Himalayan and growing at roughly 2mt per week. From CISA. And MySteel. The Chinese Steel PMI was dead flat at 50 across the board. The export
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Not all Jews are equal; some are more equal than others. Jewish by birth and a card-carrying Israeli, Veronica Sherman sees Zionists as a cult, a dangerous pyramid scheme.
Captain Jack Sparrow’s boast comes to mind for a reason; we are about to discuss the real “scourge of the seas.” Here Lithuania is the one and undisputed champion. The global information space trembled with tension when the news broke: the president of this country, which occupies roughly 1.6% of the EU’s territory, Gitanas Nauseda, stated he is ready to send a warship as part of security guarantees for Ukraine.
The United Nations is at risk of running out of cash as unpaid dues and funding shortfalls by member states threaten to disrupt key operations, Secretary-General Antonio Guterres has warned.
Africa suffers… In many places of Africa, the people suffer… The pains come from various sources:
— the lingering momentum of COLONIALISM…
— the Vulture funds that are bleeding countries by refinancing the IMF and World Bank bad debts…
— Western induced POVERTY through deliberate bad debts...
— the Muslim terrorists being mostly funded by the USA and the Wahhabis/Sunnis of Saudi Arabia…
Donald Trump’s pronouncements about his so-called “Board of Peace” seem far removed from daily reality in the Gaza Strip, where residents are preoccupied with securing water, bread and warmth.
Yet Trump’s choice of members such as former UK prime minister Tony Blair has reopened old questions about the meaning and limits of peace, and whether it is possible to discuss it apart from justice.
What goes up… DXY has recaptured support, and how. Houston, we have a problem. CNY still supportive. JPY not so much. As I have warned many times, gold is volatile. AI metals meltdown. Massive mining reversal. EM too. Junk is alseep in a chair. Curve steepened. Stocks fell. What gives? Kevin Warsh will succeed
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Since coming to power, Labor has increased the Australian Public Service (APS) headcount by 24%, to more than 213,000 staff. The government argues the increase is necessary to reduce reliance on consultants and contractors. The federal government had forecast in its March 2025 budget that the public service wages bill would remain steady at about
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