In deciding to hold off on another interest rate cut, the Reserve Bank’s board appears to be waiting to find out what the past was like. Michael Pascoe reports.

Amid rising global instability, Washington’s aggressive pursuit of nuclear and geopolitical dominance threatens the foundation of multipolarity—and China knows it.

Washington Warns Beijing and Its Partners: “The Bomb Will Not Save Multipolarity”

Lama El Horr

read more

When Russia recognized the Islamic Emirate of Afghanistan last week, it didn’t just open a new embassy – it opened a new geopolitical front. For the first time since the Taliban’s return to power in 2021, a major world player has gone beyond informal contacts and embraced Kabul’s de facto rulers as legitimate partners.

Most Asian share markets are lifting higher despite a very weak lead from Wall Street, while local stocks are taking a double whammy due to the expected rate cut from the RBA turning into a hold and then the Trump regime’s bullying tariffs on pharmaceuticals. There’s more tariff announcements and letter printing on the way,

The post Macro Afternoon appeared first on MacroBusiness.

With such momentous technology realignments, it’s easy to forget that people are involved. But community offers a social “glue” that will help us do this well.

Electricity bills are out of control, but a fairer, simpler market is possible where energy companies compete for us, so we don't have to shop around.