Asian share markets are generally higher in the first session of the trading week however volatility continues to rise in currency markets as the Trump regime tries to take away the Federal Reserve’s independence via open legal threats against Chairman Powell. The USD sank immediately on the news while oil prices are slowly rising as
The post Macro Afternoon 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.
I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.
The wind, solar and battery project secured state and EPA approvals in an astonishing four months.
The post Massive 2 GW wind, solar and battery project lands all state planning approvals in breathtaking four months appeared first on Renew Economy.
Solar installer fined $9,000 over unsafe home battery installations, including one that sparked fire
A solar installer has been fined for unsafe home battery installations, including one that sparked a minor fire.
The post Solar installer fined $9,000 over unsafe home battery installations, including one that sparked fire appeared first on Renew Economy.
A 600MW wind project has the green light to start construction, but government wants turbine numbers cut and restrictions placed on operations.
The post Victoria gives green light to contested wind project, with fewer turbines and operating limits appeared first on Renew Economy.
There are many reasons a RIO takeover of GLEN is not a bad idea. One is largely a producer; the other, largely a trader. Together, they form a vertically integrated monster that can gouge China to death. Their suites of reserves match nicely, too. RIO is big in iron ore and aluminium, GLEN in coal
The post Don’t go to GlenRio appeared first on MacroBusiness.
Another two major solar and battery projects have been referred to independent commission after objections from mostly long distance and interstate opponents.
The post Another two big solar and battery projects sent to independent panel by long distance objectors appeared first on Renew Economy.
If it tries, it will fail. But will it try? From Goldman: Qiushi article on the property market: On January 1, Qiushi magazine (the official theoretical journal of the Chinese Communist Party) published an article titled “Improve and Stabilize Expectations in the Property Market,” which emphasized the importance of the real estate sector in the
Since late December 2025, there have been widespread protests throughout Iran, which were first triggered by the country’s economic woes, including skyrocketing inflation and a catastrophic currency crash. Protests have more recently evolved into larger anti-regime demonstrations. Media reports more than 500 fatalities in protests and more than 10k arrests. The government has severely restricted
When the ABS released the previous installment of its Household Spending Indicator (which has replaced its retail sales index) last month, the data was further fuel for the narrative that the next move in interest rates would be up. The data revealed that October held the highest month on month growth in nominal household spending
It no longer matters where you live in Australia. Whether you’re a young person enjoying the beach in Sydney, the machetes in Melbourne, the boredom in Adelaide, the terrible driving in Perth, or any paddock in between, you can forget about owning your own home. The latest Cotality affordability report, out late last year, is
Shortly after the capture of Venezuelan President Nicholas Maduro, U.S. President Donald Trump held a press conference announcing that the U.S. would effectively “run” Venezuela. “We’re going to be running it with a group, and we’re going to make sure it’s run properly,” Trump said. Trump went on to add that the U.S. would be
The US AI jobpocalypse took a breather on Friday night. Although job growth remains anaemic, labour market indicators were better for those who fear AI fallout. Youth unemployment fell to 10.4%. Moreover, the Challenger layoffs series recorded the lowest number of sackings in several years, with year-on-year declines of less than half. Layoffs attributed to
With the release of the latest poll from DemosAU, one of the Coalition’s worst fears has been realised: they are now neck and neck with One Nation in the primary vote. According to DemosAU, the Coalition gained 23% of the primary vote, along with One Nation, while Labor received 29% and the Greens 12%. Both
The post One Nation in dead heat with LNP appeared first on MacroBusiness.