After a stupid statement by the silly old fart Bob Katter stating that every school should have an armoury in which each child could store their rifles, I wrote a piece about him and the reason he was so keen to sell more guns to Australians. That reason was that his son-in-law owns a large supplier of arms, ammunition and accessories1. Ever the spiv.
The fatal shooting of a woman in Minneapolis, Minnesota, by an ICE agent was a “tragedy of her own making,” US Vice President J.D. Vance has said, throwing his full support behind the agency.
Analysts are beginning to assess the implications of the Trump administration’s toppling of the Maduro government in Venezuela, not only for the Americas but also for the world. In 2024, Venezuela exported around 1 million barrels of oil per day. In January 2025, a little under half of that, around 390,000 barrels per day, was
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The ferrous complex is up to its usual New Year games as speculation mounts about imminent yawnulus. There is some evidence for increased fiscal support in early-year bond issuance; however, the usual caveats apply. More and more, such spending is directed away from commodity-intensive uses. Additionally, the yawnies must now contend with the anti-involution investment
A huge fill in the US trade deficit overnight gave the USD some more power, while the latest US initial jobless claims suggest another weaker NFP print tonight that should encompass post shutdown data. Wall Street stumbled around however as did European stocks with oil putting in a surprise breakout, most likely due to protests
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Are Russia and China, the BRICS, willing to continue to let Trump redraw the ‘mappa mundi’ according to his own exclusive interests? Or is it time to see a real alternative to US hegemony take shape?
No alternative to US hegemony?
Ricardo Nuno Costa
DXY is threatening a little again. AUS has a nasty candle but has not yet broken support at previous resistance. CNY is supportive. A rare up day for oil. Metal mania has turned DXY bust. Another nasty candle on big miners. EM sag. Junk refuses to corroborate any rally. US long-end warming up. Stocks struggling
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A new analysis finds that the richest 15 billionaires in the U.S. saw their wealth skyrocket by nearly $1 trillion in the first year of President Donald Trump’s second term, which also contained one of the single largest cuts to welfare benefits in U.S. history.
With corporate media forcing PM Albanese into a small target corner on messaging, the right is filling the rhetorical void. Andrew Gardiner looks at the repercussions.
Albo’s search for the middle leaves him exposed on both flanks
by Andrew Gardiner
Australia’s visa laws allow exclusion on grounds of character and incitement of discord. Those tests raise serious questions about whether Israel’s president should be welcomed while the killing in Gaza continues.
In the years since the Global Financial Crisis, the Australian economy has become ever more reliant on government for positive outcomes. Much of the revenue required to underpin this ongoing intervention has been derived from the explosive rise in resource exports, which rose by well over 200% at their peak in 2023 compared with their
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Asian share markets are not doing well as the positive lead from Wall Street dissipated overnight with commodity volatility continuing to dominate other risk markets while bonds go sleepy. Currency markets are selling off commodity currencies while Euro and Pound Sterling are trying to stabilise after a wobbly start to the new year, relatively speaking
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Price and emissions savings seen in 2025 could soon be in the rear vision mirror as the Queensland Government commits to expensive, polluting fossil fuels.