Australia

"When Trade Stops, War Starts" Jack Ma Warns As China Protests US Sanctions On Iran

Having recently accused the US of 'wasting $14 trillion on war instead of its people', China's second richest man, Jack Ma, continued to voice his concerns to President Trump on a recent trip to Australia, warning retreat from globalization will only result in trouble. This followed China "lodging representations" with the United States over Washington's new sanctions list targeting Iran, which includes Chinese companies and individuals.

Who Are Those Refugees Australia Doesn't Want?

Whether there is an agreement to be had between the United States and Australia for the resettlement of Australia's interned population or not, it is clear that this deal had more to it than the Obama Administration - or the Turnbull government - wanted to admit.

GoldCore's picture

The Trump administration continues to sabre-rattle at global powers and threatens to disrupt the status-quo of international relations. Comments in just 24-hours by Donald Trump and his team have included attacking an Ivy League university, a nuclear power and two of the United States’ key trading partners.

Frontrunning: February 2

  • Futures fall as Fed gives no clarity on next rate hike (Reuters)
  • Yellen Eyes Commercial Real-Estate Froth as Fed Weighs ’17 Risks (BBG)
  • Trump Slams ‘Dumb Deal’ With Ally Australia After Testy Call (BBG)
  • For Many Firms, Trump Dominates Earnings Calls (WSJ)
  • Trump’s Blue-Collar Populism Is Dividing Unions (BBG)

A Time For Caution

"We have argued the current monetary regime is in its evanescence, and that the Fed is trying to raise rates to attract global wealth to dollars and dollar-denominated assets as global leverage, demand and output growth declines. If we are right, then we should not expect other economies to sit by idly... which keep us cautious on equities, bullish on Treasuries and gold, and negative on credit:"

The Other 'Ban' That Was Quietly Announced Last Week

Most of the world is in an uproar right now over the travel ban that Donald Trump hastily imposed late last week on citizens of seven predominantly Muslim countries. But there was another ban that was quietly proposed last week, and this one has far wider implications...

Destroying The "Wind & Solar Will Save Us" Delusion

The “Wind and Solar Will Save Us” story is based on a long list of misunderstandings and apples to oranges comparisons. Somehow, people seem to believe that our economy of 7.5 billion people can get along with a very short list of energy supplies. Unfortunately, a transition to such a short list of fuels can’t really work.