Moronson backtracks on Jerusalem

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What a fool, via Domainfax:

The Morrison government has told Indonesian ministers there is “less than 5 per cent” chance it will go ahead with a divisive new policy on Israel, in a comment that could clear the way for a diplomatic retreat to seal a $16.5 billion free trade agreement.

Indonesian Trade Minister Enggartiasto Lukita has been assured there is very little chance Australia will move its Israeli embassy from Tel Aviv to Jerusalem after a ferocious reaction to the idea from Muslim countries.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.