marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
Australia
03/29/2022
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By Kevin Hughes
Filmmaker Gonzalo Lira: US is committing suicide with its economic sanctions on Russia
Filmmaker Gonzalo Lira thinks the United States is committing suicide when it imposed economic sanctions on Russia. “The United States is committing suicide. And it’s about to embark on a war with China. You don’t see it yet. But it’s there, it’s already happening,” the American novelist said. Lira said people are now going through some […]
03/28/2022
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By JD Heyes
Australia is rapidly becoming “cashless society” shunning all physical currency
The world continues moving rapidly towards “cashless” societies, shunning physical currency in exchange for an electronic financial system that can literally be turned on and off by governments at will as a means of controlling their people. When the U.S. and the world got off the gold standard in the early 1970s, the move towards […]
03/24/2022
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By Kevin Hughes
Aluminum prices soar as Australia hits Russia with alumina export ban
Australia recently hit Russia with alumina export ban. The move by the world’s top alumina exporter immediately sent aluminum spot prices soaring. Following the ban’s announcement on March 21, Australia’s top alumina refineries stopped shipping alumina to Russia’s United Co. Rusal International PJSC, the world’s second-largest aluminum company by production output. Rusal has a 20 percent share […]
03/23/2022
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By Mary Villareal
Aluminum prices soar as Australia bans alumina exports to Russia
The ban on alumina exports to Russia has added more pressure on aluminum giant United Co. Rusal International PJSC. Moscow-based Rusal shares dropped after Australian Prime Minister Scott Morrison announced that the country is immediately banning exports. Australia supplies almost 20 percent of Russia’s alumina, which is a key ingredient for producing aluminum. Its exports of […]
12/13/2021
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By Ramon Tomey
Shortage of key fertilizer ingredient threatens Aussie food supply chain
A shortage of urea, a key ingredient in fertilizers, threatens the food supply chain in Australia as it troubles Australian farmers who need the chemical for their diesel-powered trucks. National Road Transport Association of Australia (NatRoad) CEO Warren Clark explained how the limited supply of urea affects farmers in the country. At least half of farm trucks […]
12/09/2021
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By Matthew Davis
Australia to overhaul payments system with digital currency issued by central bank
Australia is planning to have a digital currency issued by its central bank and regulate the crypto market in a bid to overhaul how the nation’s consumers and businesses pay for goods and services. Treasurer Josh Frydenberg stressed the need to reform Australia’s current framework to prevent Silicon Valley from determining the future of its payments system. Frydenberg […]
10/05/2021
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By Mike Adams
WAR ALERT: China setting stage for NUCLEAR WAR with Taiwan, Australia, Japan, India and the USA
Today’s Situation Update podcast (see below) is a whirlwind tour of the geopolitical issues now coalescing into what may become a nuclear war originating with communist China. That war, which appears to be growing closer each day with China’s calculated provocations, would ensnare not just the USA and Taiwan but also Australia, India and Japan. […]
04/15/2020
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By Franz Walker
Coronavirus to cause Australia’s unemployment to soar to 10 percent by June
The unemployment rate in Australia will likely hit 10 percent for the June quarter because of the global coronavirus pandemic. However, early investigations have shown that unemployment levels would have been 5 percent higher had the government not introduced the $130 billion JobKeeper stimulus package. At least 1.37 million Australians will be out of work by June, according […]
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