Global Macro

On Tuesday night (Australian time), U.S.

As the war in the Middle East continues to rage and escalate, propaganda and false claims are proliferating, proving that the first casualty of war is always the truth.

After an Easter weekend of madness (literally), there is little hope of the Strait of Hormuz reopening to material hydrocarbon volumes for another month.

As the war in the Middle East and throttling of maritime trade through the Strait of Hormuz continue, each passing day brings more news of nations seeking to secure their own domestic energy and food security.

Amidst an environment increasingly defined by crisis-driven reality smacking policymakers in the face, the failure of decades of Australian policymakers to prepare a resilient energy security policy is being laid bare.

Goldman Sachs analyst Joseph Briggs recently contended that artificial intelligence could potentially automate tasks that account for 25% of all work hours in the US and 6% to 7% of all jobs.

At 10:44AM (Australia Eastern Daylight Time) on Sunday, U.S.

When the Gallipoli campaign was first conceived of during the First World War by First Lord of the Admiralty Winston Churchill, it was seen as a bold but viable plan to knock the Ottoman Empire out of the war and allow the Entente to focus its forces more heavily on the Western Front.

In a recent interview with the U.K.’s Financial Times, U.S.

  When all is said and done, the RBA can do 3 things this Tuesday It can lift rates It can leave rates alone It can drop them The last is the easiest to dismiss.

Proponents of high immigration claim that it is necessary to alleviate purported labour shortages.

As the war in the Middle East continues to drag on, the Trump Administration is seeking a means by which it can be brought to a swift conclusion.

Since the latest round of conflict in the Middle East kicked off on the 28th of February, the cost of a barrel of oil (WTI) has risen by $23.98 compared with the final close of markets prior to the war, representing a rise in oil prices of 35.6%.

President Donald J. Trump oversees Operation Epic Fury at Mar-a-Lago, Palm Beach, FL, Feb. 28, 2026. (White House photo by Daniel Torok) We have become spectators in the demolition of an era.

Since U.S.

The evidence from around the world shows that when you raise energy costs, your economy deindustrialises.

Recently, Canadian news outlet ‘The Globe and Mail’ provoked controversy and furious social media discussions with one of its analyses. In it, the author asserted that, based on per capita GDP adjusted for Purchasing Power Parity (PPP), Canada was now poorer than the U.S.

Real per capita household disposable income is arguably the single best measure of material living standards.

Earlier this month, I reported on China’s insatiable appetite for coal-powered electricity.

A new era has dawned in Japan with the reelection of Prime Minister Sanae Takaichi’s government.

Silver surfed a massive wave, then wiped out.

Back in 2020, China exported around 1 million vehicles, well behind the automotive powerhouses of South Korea, Japan, and Germany, and not too dissimilar to where exports stood at the start of the 2010s.