Blogotariat

Oz Blog News Commentary
MacroBusiness Monday, July 14, 2025 - 10:30 Source

There is no end to Victoria’s disease when it comes to energy. Victoria is doing OK on its renewables rollout, though it has slowed recently. The problem is the price it will pay for it. Unlike other states, VIC and its capital, Megacity One, are gloomy places and will rely more on wind than sun.

The post LNG imports are pure Victoria disease appeared first on MacroBusiness.

Read more Views: 71
MacroBusiness Monday, July 14, 2025 - 10:00 Source

This economy is not growing at 5% in anybody’s mind except for the CCP’s and its menagerie of grovellers. Property is stuffed. Prices are still falling. Cars are doing better on the cash-for-clunkers. This was true of consumption more broadly, but much of that is over now after the vouchers were pulled. But exports are

The post The Chinese economy is on life support appeared first on MacroBusiness.

Read more Views: 82
xkcd.com Monday, July 14, 2025 - 10:00 Source

'Tin pest' makes more sense to me. Tin just doesn't want to be locked down in a shape like that. I get it. But why would any metal want to grow hair??

Read more Views: 38
Cheeseburger Gothic Monday, July 14, 2025 - 09:38 Source

I was having breakfast with a mate this morning who had just started watching Foundation on Apple TV, and I warned him that the first series was a bit ordinary but that he should stick with it because it got so much better in the later series.

I don't know how we segued from that to Blade Runner but I think we were talking about unfilmable books. Rob told me something I’d never known. Blade Runner was not a title Ridley Scott came up with because the original Philip K Dick story, Do Androids Dream of Electric Sheep? would’ve been a box office disaster.

Read more Views: 83
The Tally Room Monday, July 14, 2025 - 09:30 Source

This weekend’s Tasmanian state election is likely to be the last major election in 2025, barely halfway through the year, but that means the rest of this year will be redistribution season.

Two federal redistributions, in Queensland and Tasmania, are set to resume later this month when Parliament returns. Federal redistributions in South Australia and the ACT are also due soon. I will return to this topic in the next few weeks.

Read more Views: 83
MacroBusiness Monday, July 14, 2025 - 09:30 Source

Markets are so fun sometimes. Iron ore is in all sorts of trouble, but traders love to push a counter-trend rally. The latest MySteel data is still down as expected. Westpac sums it beautifully. Iron ore has been incredibly stable A good example of why to stay calm has been the relative lack of volatility

The post Iron ore hands bears a gift appeared first on MacroBusiness.

Read more Views: 66
MacroBusiness Monday, July 14, 2025 - 09:00 Source

Wall Street was unable to make another new record high as the Trump regime again pushed out more bully-boy letters (resplendent with spelling mistakes and ALL CAPS) to former allies and major trade partners, but saved the ink for the EU after markets closed on Friday night. Canada posted a very solid jobs report and

The post Macro Morning appeared first on MacroBusiness.

Read more Views: 65
Your Democracy Monday, July 14, 2025 - 08:50 Source

Ukraine will receive its first batch of long-range missiles financed by Germany by the end of July, a top German general has said, acknowledging that Kiev’s battlefield situation is deteriorating.

In an interview with ZDF, Major General Christian Freuding, who oversees the coordination of Berlin’s military support for Kiev, said Germany is “ready to make these weapons systems available.”

Read more Views: 67
Your Democracy Monday, July 14, 2025 - 06:41 Source

Western nations’ hegemonic aspirations and dismissal of Russia’s security concerns have led to the ongoing standoff between Moscow and the West, President Vladimir Putin said in an interview released on Sunday. Ideological differences are only a pretext to advance the West’s geopolitical interests, he claimed.

Putin added that he expected the collapse of the USSR to alleviate tensions between Russia and the West.

Read more Views: 117
Your Democracy Monday, July 14, 2025 - 05:55 Source

On July 6, BRICS member states signed the Joint Declaration of the 17th BRICS Summit, “Strengthening Global South Cooperation for More Inclusive and Sustainable Governance”, in Rio de Janeiro.

Read more Views: 120
Your Democracy Monday, July 14, 2025 - 04:44 Source

US President Donald Trump has pushed back against claims of a cover-up in the Jeffrey Epstein case, defending his administration’s handling of the release of files related to the disgraced financier and convicted sex offender’s death in jail.

Read more Views: 115
Renew Economy Sunday, July 13, 2025 - 15:32 Source
Read more Views: 126
John Quiggin Sunday, July 13, 2025 - 11:14 Source

I can’t be bothered engaging with people who use “woke” as a pejorative, or similar Trumpist rhetoric. I’ve therefore banned a couple of commentators (Jack Strocchi and Svante) who persisted in using it, despite warnings. There are plenty of other places where they can bloviate if they choose. Anyone offended by my decision on this is welcome to a full refund on the way out.

Read more Views: 117
Your Democracy Sunday, July 13, 2025 - 08:21 Source

On June 22, 2025, South Korean presidential spokesperson Kang Yu-jung announced that President Lee Jae-myung would not be participating in the NATO summit scheduled for June 24–25 in The Hague. She referred to domestic priorities and the escalating uncertainty in the Middle East as reasons for the decision.  

Why Lee Jae-myung Did Not Attend the NATO Summit

Konstantin Asmolov

 

Read more Views: 129
MacroBusiness Sunday, July 13, 2025 - 08:03 Source

DXY is trying to rally as EUR falls. AUD is doing OK, but I am increasingly concerned it will top out here. That said, the big short is relentless support. Lead boots have stalled. Gold a bit better. BTC has broken out. Metal flamed out. The big mining bear has room to rally and remain

The post Australian dollar sell signal as tariffs return appeared first on MacroBusiness.

Read more Views: 126
MacroBusiness Sunday, July 13, 2025 - 07:40 Source

Everything old is new again in Australia’s parasitic media. Nothing more so than house prices as we head into another monetary policy easing cycle. The media, which largely relies on real estate revenues to exist, loves to pretend to care. These days, ABC is dedicated entirely to pretence. This small gathering of homeowners and politicians

The post Pretending to care about house prices is new again appeared first on MacroBusiness.

Read more Views: 121
Your Democracy Sunday, July 13, 2025 - 07:25 Source

CALL AGAINST WAREuropean leaders are preparing for war. A vast rearmament program is underway. And it is the working class they will ask to pay the price for their weapons and their wars, through taxes, cuts to our social benefits, a decline in our living standards, and our blood and sweat.The order established after World War II is disintegrating—politically, financially, and militarily.

 

Read more Views: 116
Your Democracy Sunday, July 13, 2025 - 06:34 Source

As summer warms Istanbul's waters, the megacity's authorities are having to battle a noxious algal bloom dubbed "sea snot".

Read more Views: 111
Your Democracy Sunday, July 13, 2025 - 05:55 Source

Chinese Foreign Minister Wang Yi told his Russian counterpart on 10 July that Beijing and Moscow should strengthen strategic coordination to promote peace in West Asia.

Read more Views: 117
MacroBusiness Saturday, July 12, 2025 - 18:54 Source

If you are curious about the differences in methodology between myself and the usual auction data providers, there is an explanation down the page.   This weeks result brought something of a rare result to the Sydney and Melbourne auction markets. The headline sold to listed clearance rate in Sydney eclipsed that of Melbourne, with

The post Sydney booms ahead as Melbourne falls behind appeared first on MacroBusiness.

Read more Views: 124
THE BLOT REPORT Saturday, July 12, 2025 - 17:32 Source

Quite often online when someone is amazed or annoyed by something (quite often an incidence of MAGA stupidity or bastardry), they will use the exclamation ‘JFC!’, short for ‘Jesus F*****g Christ’. I have been known to use a similar one; ‘JHC!’ or with increased exasperation requiring more emphasis, ‘Jesus H. Christ’, or with a tinge of disgust at my inability, for example, to pot a sitter at our weekly snooker game, ‘Jesus H. Christ on a bike’.

Read more Views: 124
George Monbiot Saturday, July 12, 2025 - 16:57 Source

How “humour” opens the door to far right politics.

By George Monbiot, published in the Guardian 10th July 2025

Read more Views: 149
Renew Economy Saturday, July 12, 2025 - 09:41 Source
Read more Views: 128
Your Democracy Saturday, July 12, 2025 - 07:45 Source

Membership of the Chinese Communist Party has just exceeded 100 million. It has long been the largest political party in world history.

When Prime Minister Albanese meets President Xi Jinping, he is not only meeting the head of the second largest economy in the world in nominal dollars, and by far the largest in purchasing power parity terms, but also the head of the biggest political party the world has ever seen. This matters.

 

Read more Views: 115
Your Democracy Saturday, July 12, 2025 - 07:38 Source

Western Europe is “losing” the economic competition with its main rivals, China and the US, and is struggling with a shortage of globally competitive companies, JPMorgan Chase CEO Jamie Dimon has said.

Since 2022, when the EU imposed sweeping sanctions on Russian energy over the Ukraine conflict, growth across the bloc has stagnated. Germany, once its economic powerhouse, is now experiencing its third year of economic downturn. 

 

Read more Views: 129
Your Democracy Saturday, July 12, 2025 - 06:57 Source

 

The US has removed Syria’s al-Qaeda franchise from its list of designated terrorist organisations just days after the UK added nonviolent activist group Palestine Action to its own list of banned terrorist groups.

The Western empire will surely find ways to be even more hypocritical and ridiculous about its “terrorism” designations in the future, but at this point it’s hard to imagine how it will manage to do so.

 

Read more Views: 114
The Failed Estate Saturday, July 12, 2025 - 01:35 Source

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!

Read more Views: 117
Your Democracy Friday, July 11, 2025 - 22:06 Source

Britain and France have unveiled a new agreement to coordinate their nuclear arsenals more closely, citing what they see as heightened “threats”to security in Europe. Moscow has called the move part of NATO’s overtly anti-Russian policy, warning it would factor the agreement into its military planning.

Read more Views: 119
MacroBusiness Friday, July 11, 2025 - 21:06 Source

  ‘North Head from above Balmoral, Sydney Harbour’ 1866 Conrad Martens, Art Gallery of NSW   Global Macro Nvidia becomes world’s first $4tn company– BBC Why is Trump targeting Brazil – and will it backfire for Bolsonaro?– BBC Snap, crackle, sale: Nutella maker Ferrero plans to buy WK Kellogg for $3 billion– AP US economy

The post Weekend Links: 12 – 13 July, 2025 appeared first on MacroBusiness.

Read more Views: 117
MacroBusiness Friday, July 11, 2025 - 15:30 Source

More bullying from the Trump regime as it hits former ally Canada with blanket 35% tariffs in its latest letter “diplomacy” that briefly saw the Loonie sell off sharply and rattle some Asian share markets before some stability prevailed. Some more co-ordinated US Treasury selling in the coming days or weeks could enhance the TACO

The post Macro Afternoon appeared first on MacroBusiness.

Read more Views: 159

Pages