De Gwindos worried about geopolitical risks... " Rising geopolitical risks present “considerable downside risks,” the ECB warned in the report. Risks remain “high” on a historical basis, it added, given factors such as rising debt service costs, signs of banking profits peaking, and the ongoing downturn in commercial real estate. An abrupt market correction poses a “potential vulnerability,” De Guindos warned. “That is a risk that we have to take into consideration when looking forward.”“And that’s the element that you cannot ignore, you cannot overlook this potential impact that could affect risk aversion, risk attraction, commodity prices, growth, overall growth in the global economy.” https://www.cnbc.com/2024/05/16/markets-are-underestimating-geopolitical-risk-ecbs-de-guindos-says.html
Dutton budget reply not too bad, he's got a lot more sense than Albo thats for sure.
Pauline wants net zero immigration for a few years until we sort the housing and homeless crisis, Pauline more sensible than Dutton with this.
Malcolm Roberts wants to reverse Labors mistakes and start deporting them, he's even more sensible than Pauline.
Walmart hits record high, lots of sales, they're seeing more higher income earners shopping there for a cheap feed, people like @big e that shop at Aldi i suppose.
Putin and Xi buddy up while our western leaders have got absolutely no idea what to do, our western leaders are not use to competition because of the old commie globalism system they use to have.
