SYDNEY, April 22 (Reuters) - Papua New Guinea Prime Minister James Marape says his nation does not deserve to be labelled cannibals, and urged the U.S. to clear up the remnants of World War Two littered across the Pacific, after remarks by President Joe Biden last week about his missing serviceman uncle.
Stocks continued their rebound overnight although this correction maybe far from over as earnings season and downgrades get underway on Wall Street. The USD at first lost ground but it too rebounded on more interest rate cut speculation as inflation concerns linger. European stocks moved higher on more dovish speak from the ECB. The Australian
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What’s the scam with Penny Wong’s so-called “transparent” Binskin Inquiry into the Zomi Frankcom World Central Kitchen aid worker’s killings in Gaza? Stuart McCarthy reports.
Scams don’t get much more blatant than a government appointing an international arms dealer to “investigate” an apparent war crime involving his own weapon systems, against a humanitarian aid agency, in the name of “full transparency”.
The Australian public has bought a big-long gas pipeline from foreign tax cheats – but there’s no gas. It’s a white elephant! Jemena and sleepy regulators AEMC are the culprits. Energy consumers and taxpayers the victims. Michael West reports.
Energy bosses cover for tax cheat, public gets elephantine bill
Price action is tiring in Shanghai and Singapore: Maybe Dalian for iron ore and coking coal: Scuttlebutt is meh: Iron ore prices will likely consolidate in the near term as uncertainty lingers on how much hot metal output can rise further, analysts at Everbright Futures said in a note. “The main driving force behind a
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What the present moment reveals, once again, is that Western aggression during the “Cold War” was never about destroying socialism, as such. It was about destroying movements and governments in the periphery that sought economic sovereignty. Why? Because economic sovereignty in the periphery threatens capital accumulation in the core.
Late last year, BetaShares’ chief economist, David Bassanese, questioned why Australia does not impose stricter limits on foreigners buying local homes: Bassanese alluded to an article that stated: Wealthy Chinese buyers are taking private jets to Melbourne to purchase mansions in Toorak – the city’s most expensive suburb – on the spot, says Toorak buyer’s
The job of downsizing is an onerous one, and in our case has consisted of seven carloads of books to Lifeline, a charity which provides crisis support, suicide prevention services and mental health support. We also have taken eight carloads of stuff, we cannot bear to part with, to a storage facility, hopefully as an interim measure until we can find a place for it in our new unit. However, downsizing does have some bright spots. Wading through all the stuff in our house which we have accumulated over the 32 years since we bought it, is, as you would expect, like a trip back in time.
Jim Chalmers, the Federal Treasurer, has warned that global circumstances mean that the May Budget will lack the revenue growth of last year’s budget. Listen to Chalmers’ press conference (25m): Watch Chalmers’ press conference (25m):
More optimism across Asian stock markets after a very poor trading week due to the Israeli/Iranian conflict across the Middle East, with a weekend bid in risk that is seeing USD retreat slightly while most stocks are rising despite the tech correction on Wall Street. Earnings season may stall any recovery if the inflationary mood
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