Blogotariat

The Hungarian prime minister said the EU Commission's call for people to prepare a 72-hour emergency kit was scary. "What's on these people's minds? Are they up to something?" the politician lamented, speaking on public radio.

Hungarian Prime Minister Viktor Orbán was the first national leader to react to the EU Commission's advice for people to prepare a 72-hour survival kit for emergency situations.

Having written two celebrated books on fascism in the 20th century, Jewish-American scholar John Stanley draws direct parallels with the second Donald Trump presidency.

"Fascism is what the Trump administration is now doing," he told DW of the president's second term in office.

As almost everyone who can read knows, the Mango Mussolini has inflicted tariffs on numerous countries around the world. However, several of the tariffs have been aimed at places with no trading relationship with the United States., two of which are Heard Island and the McDonald Islands1.

Donald Trump is trying to slash his nation’s trade deficit. Australians may recognise this task: we tackled it in the late 1980s, failed, and found that it mattered less than we thought. 

Hello, US readers! You’ve just started an interesting economic experiment to see whether government policy can change a trade deficit into a trade surplus.

My bet: you will find, just as Australians did, that the answer is “no”. Most people find it hard to think about trade in a very organised way, and end up doing things that have effects they didn’t expect. Effects like recessions.. 

Peter Dutton’s election campaign is faltering just as momentum should be building, fuelling growing unease inside the Coalition that his abrasive image and perceived ideological closeness to Donald Trump is pushing away the swing voters he needs to win.

Russia will have little difficulty reaching its target of 1.5 million active military personnel, despite the ongoing conflict in Ukraine, NATO’s Supreme Allied Commander in Europe Christopher Cavoli has predicted.

During a US Senate Armed Services Committee hearing on Thursday, the four-star US Army general evaluated Moscow’s ability to enhance its military capabilities.

On Thursday, Australian time, the Trump Administration announced its “Liberation Day” retaliatory tariffs, which impose tariffs of between 10% and 48% on trading partners. This will see the US’ effective tariff rate rise to its highest level in more than a century. The announcement of the tariffs led to heavy falls on global stock markets.

The post Trump tariffs to trigger house price boom appeared first on MacroBusiness.

Lyndon LaRouche (8 September 1922 – 12 February 2019), was an American economist, and political activist who founded various political organizations under the umbrella of what was termed the LaRouche Movement, and the Schiller Institute, founded by his spouse, Helga-Zepp-LaRouche.

The electric car maker Tesla was created by engineers Martin Eberhard and Marc Tarpenning who reputedly sought to make electric cars that were fast and fun to drive. The company was officially incorporated in 20031.

In January 2008, both Eberhard and Tarpenning were forced out of the company at the behest of investor Elon Musk, who subsequently took over as CEO2. Their departure was supposedly because of their inexperience in running such a company. 

Wind and solar farm output jumped 12% in March quarter from the same period last year, and helped send market prices into negative territory more often.

Engie's Laura Caspari explains why batteries are paired better with solar than wind, and why data centre load could unlock more renewables. Plus: News of the week.

Last week’s federal budget revealed that the cost of the National Disability Insurance Scheme (NDIS) will reach $50.8 billion next financial year, exceeding the $51 billion allocated to the defence budget. The cost of the NDIS is also projected to reach $63 billion by mid-2029. The growth of the NDIS is the key driver behind

The post NDIS will continue to drive job growth appeared first on MacroBusiness.

With a hung parliament looking very likely at the upcoming federal election, there has been quite a lot of looking back at the last hung parliament in 2010.

Amongst other elements, there has been some parallels drawn between the experience of the crossbenchers in 2010 and how the current crossbench could jump if they find themselves in a position to decide who forms government this year.