Blogotariat

EU member states are growing frustrated with European Commission President Ursula von der Leyen over her unilateral approach to foreign policy, Politico reported on Wednesday, citing diplomats. The latest criticism reportedly comes after von der Leyen announced a partnership agreement with Jordan.

UN points out major flaw in latest Israeli protestWest Jerusalem’s claim it has quit the UN Human Rights Council is contradictory, as it is not a member of the body, a UNHRC spokesman has clarified

Israel is not currently a member of the UN Human Rights Council (UNHRC), meaning it cannot officially withdraw from a body it is not part of, UNHRC spokesman Pascal Sim has stated.

Labor launched its Powering Australia Plan in late 2021, promising to reduce National Energy Market (NEM) wholesale power rates by $11 per MWh, from $62 to $51, by 2025. Labor boasted that its Powering Australia Plan would save Australians $275 on their residential electricity bills by 2025 and $379 by 2030. The Australian revealed that

Despite the promised riches from Australia's east coast gas export gambit, new report finds main result has been "perennial threats of shortages" and higher prices at home.

Despite an emerging La Nina bringing cooler conditions to the tropical Pacific, last month has been deemed the warmest January on record.

Korean industrial giant unveils plans for a big solar and two ba

Statistics New Zealand released the Q4 Labour Force Survey this week, revealing that employment fell over the quarter and the unemployment rate hit a 4-year high of 5.1%. New Zealand employment fell 0.1% in Q4, the second consecutive quarterly decline, to be 1.1% lower than a year ago. Overall, the New Zealand economy shed a

The post Reserve Bank must cut in February appeared first on MacroBusiness.

Chalk up another win for El Trumpo. President Trump is preparing to issue an executive order Wednesday effectively banning transgender girls and women from participating in female sports events in schools and colleges, fulfilling a promise that fuelled his campaign for the White House. I love a good man/woman. There’s a dude/sheila at my local Bunnings with a mighty

The post Ban men/women from women’s sport appeared first on MacroBusiness.

Charlie McElligott at Nomura today on the resilience of stocks. Trump doing the dance on Tariffs (exploiting oscillating periods of market calm to inject volatility—and vice versa—which will continue into each month’s escalations), but the statement of intent is there: Structurally, he has a desire to rebalance global trade with the U.S.,reverse / reduce the

The post Stocks survive everything appeared first on MacroBusiness.

Goldman with the note. After signing orders imposing new tariffs on Canada, Mexico, and China, President Trump delayed the Canada and Mexico tariffs until March 4. We think a further extension is likely, but the tariff risk for both countries is likely to remain until at least the conclusion of the USMCA review slated for

The post What next for tariffs? appeared first on MacroBusiness.

Australia is poised for virtual power plants that connect households and slash bills but an expert warns nuclear reactors could force users off rooftop solar.

Victoria has the nation’s highest per capita net debt and the lowest credit rating. Victoria’s net debt is also projected to increase over the forward estimates. The growth in Victoria’s net debt is forecast to dramatically increase the amount of taxpayer money spent on interest payments. A new analysis from leading global ratings agency S&P,

The post Victorians pay the price for soaring state debt appeared first on MacroBusiness.

On Wednesday, The Guardian’s Josh Nicholas penned an article claiming that Australians “hold inaccurate and occasionally contradictory attitudes” on immigration. The article is based on a new survey by the pro-immigration Australian National University (ANU), which showed that 53% of those surveyed believe that immigration levels are “too high”. The result aligns with other recent