Leo Fernandes, Harkeerit Kalsi, Nicholas Vause, Matthew Downer, Sarah Ek and Sebastian Maxted Hedge funds and other alternative investment funds (AIFs) often take positions in financial markets that significantly exceed their investors’ capital by using debt or derivatives. However, such ‘leverage’ can pose risks to financial stability. Regulators seeking to reduce these risks may consider … Continue reading A simple model of the effects of entity and activity constraints on alternative investment funds
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On Monday, the first day of our academic year, I went to a demonstration. The reason for the demonstration are the announced budget cuts for higher education, which our new right/extreme-right government wants to implement. The figures aren’t set in stone yet, but the financial appendix that was presented when the new government took office […]
Today (September 4, 2024), the Australian Bureau of Statistics released the latest – Australian National Accounts: National Income, Expenditure and Product, June 2024 – which shows that the Australian economy grew by just 0.2 per cent in the June-quarter 2024 and by just 1 per cent over the 12 months (down from 1.5 per cent).…
He tried. Oh how he tried: The long line there was the Special Counsel he had Bill Barr name to “investigate the investigators” — the Durham investigation. Like all the others they came to nothing because there was nothing. He, on the other hand, tried to overturn an election and incited an insurrection and then stole a bunch of classified documents and refused to give them back. Big difference. Yuge.
The NSW Liberal party, fresh off discovering one of their politicians has been charged with rape, has been placed into administration by the Federal Lib’s, with leader Peter Dutton telling his NSW counterparts to not worry, as Daddy’s here. ”It... Read More ›
Gosh, I wonder? The leader of House Republicans’ biggest super PAC told donors last month he needed $35 million more to compete with Democrats in the fall. Senate GOP campaign chair Steve Daines used his primetime speaking slot at the Republican convention to lament that massive spending from Democrats was keeping him awake at night. And his House GOP counterpart warned that their party’s challengers trailed Democratic incumbents by a collective $37 million at the end of June. Republicans were already worried about a glaring financial gap even before Kamala Harris’ rise. Now, with the election just two months away, they found themselves in an even more dire position: Democrats have seen a flood of enthusiasm in recent weeks, they’re far outspending Republicans on air and their donors are more energized than ever — with campaign finance data showing a surge in grassroots fundraising in late July after President Joe Biden dropped out. Panic is starting to set in.
JV Last at the Bulwark published one of those essays this morning that make you both depressed and relieved at the same time. Depressed because it tells a truth that you really wish wasn’t true and relieved because you realize you haven’t been crazy for thinking the same thing. He starts off by quoting one of my favorite analysts, Philip Bump of the Washington Post: The Trump era is about Trump in the way that the War of 1812 was about 1812: a critically important component and a useful touchstone but not all-encompassing. Turning the page on the era requires more than Trump failing to get an electoral vote majority. Perhaps a more accurate time span to consider is something like 15 years. The election of Barack Obama as president in 2008 was hailed as a signal moment in the evolution of American politics and demography, but it also triggered a remarkable backlash. Ostensibly rooted in concerns about government spending, it was largely centered on the disruption of the economic crisis (which triggered an increase in spending) and that overlapping awareness of how America was changing.
Trump has primed his cult to believe that Kamala Harris is an illegitimate president. Of course he has. “Obama wasn’t born in the US!” “Clinton shouldn’t be allowed to run!”because of her emails. “Joe Biden didn’t win, they cheated!” Now he’s laying the groundwork to whine that Harris should not have been allowed to run. And his people believe it: Jason Streem, also 46, a dentist from the Cleveland suburbs who supports Trump, objected to the way Harris became the nominee. “She was never part of the running process,” he said in a follow-up interview. “She never received the primary votes.” He called it “the most undemocratic way of picking a nominee.” “It just threw me off,” complained Roger Sierra, 28, of Miami, an independent who supports Trump.
The outcome of the latest conflagration pitting Israel against the indigenous population it has sought to displace, but failed to subdue since long before 1948, remains impossible to predict. As the semi-official death toll in Gaza approaches 41,000 — more than a third of them children or infants — and the Israel Defence Forces extend Continue reading »
Temporary graduate visas are for overseas students who complete their study and wish to undertake work in Australia, often as a pathway to permanent residence. These visas work best when the bulk of temporary graduates seeking permanent residence are able to secure skilled work and eventually a permanent residence employer sponsored (or other) permanent visa. Continue reading »
Canada’s National Post is refusing to comment after one of its columnists revealed himself to be a collaborator with Western-aligned intelligence agencies. A Canadian activist is now threatening to sue the paper after the confessed spy smeared him in a front page article. Adam Zivo, a columnist who covered the war in Ukraine for Canada’s National Post newspaper, has outed himself as an operative of Canadian and Ukrainian intelligence. The admission came as Zivo publicly leapt to the defense of […]
The post Canadian journalist outs himself as Canadian, Ukrainian intelligence collaborator first appeared on The Grayzone.
The post Canadian journalist outs himself as Canadian, Ukrainian intelligence collaborator appeared first on The Grayzone.
Aside from the obvious, his actual performance was just terrible. Here a just a couple of data points I ran across this morning: I guess when people say they liked his policies, they meant his policies to deny people health insurance. How about this one? Or how about Trump’s claim that his tax cuts were the largest in history. (“nobody’s ever seen anything like it!”) How about Trump’s new crusade against Joe Biden in which he claims that nobody died on his watch? He lied, of course: 65 military personnel died in war zones during Trump’s administration. It’s common for some gold star families to blame the administration in charge for the deaths of their loved ones. Weirdly, since Benghazi it only seems to be right wing gold star families blaming Democrats. I didn’t see much of this during Trump’s tenure. Maybe all the families of the fallen were Trump fans? Or, more likely, the non-Trump fan families weren’t interested in becoming part of a political campaign.
Wow. Scyld Shiefling. We’re hearing more and more about him these days. They’re all talking about the things he’s done. Now that was a king. They’re saying he’s a lot like me. Great king, everyone feared him. Armies, entire armies, just throwing down their weapons, begging him not to fight them. Tough guy, Scyld.
King Hrothgar, close friend of mine. He’s being invaded by the spawn of Cain. Cain isn’t sending his best people. Cursed by God, real loser. He’s coming in, crossing into the mead hall illegally. You can’t even go into the mead hall anymore. You used to be able to, the most beautiful mead hall. Horns, so many horns, the finest warriors, brave warriors, all drinking mead, until Grendel, I call him Sleepy Grendel, shows up. It’s so terrible. He eats them. He puts them in his bag. There’s a bag, nobody remembers the bag, but I remember the bag. You used to be able to go there, but now you can’t. So I tell him I’ll go.
China intervened in the annual Pacific Islands Forum (PIF), insisting Pacific leaders remove any mention of Taiwan from their communique on the forum.