Political Polarisation in the US - Part 3: Causes - the impact of the growth of the internet, social media and broadcast media in all its forms creating a worrying set of polarised reverberation chambers developing in American life. #auspol#USpolitics
https://t.co/xKD8EXstcJ
Every year, we dig up billions of dollars worth of resources - and just ship them overseas when we could be creating high-value batteries and other products. It could create thousands of good, skilled, secure jobs and boost Australia's economy.
#AWU#AWUnion#ausunions#auspol
Why did British Gas think they could turn profits 10 x higher during a cost of living crisis?
Because they knew they would get away with itβ¦
They knew the govt would do nothing to stop them
They knew most of the billionaire owned press would distract us
Epic exploitation!
There are new fears homeowners are headed for another interest rate rise after the unemployment rate has surprisingly held steady at 3.5% for the month of June. It coincides with another hit to our cost of living with a surge in wholesale energy prices | @AshleighRaper#AUSPOL
We mentioned the new Wellbeing Budget earlier. One measure that wasn't included was the pub test β or more precisely, the schooner test.
We'll leave you with Sussan Ley's front-bar concern about the cost-of-living squeeze.
Thanks for watching #Insiders#auspol
Starmer: When Sunak took office 9 months ago the NHS waiting list had 7.2 million people, what is it now?
Sunak: The reason why waiting list is higher is because I have refused and failed to pay NHS staff properly in a cost of living crisis #PMQs
Starmer: 7.47 million, that's the highest it's ever been
British Gas profits soar by 889% to record Β£969m as households struggle with huge bills.
It is legalised robbery.
Profiteering = inflation = cost of living crisis.
Govt cuts real wages, does nothing to curb profiteering.
Ofgem does not protect people.
https://t.co/CqoIUUDGAr
Americans are moving into their vehicles. Huge exodus from houses to vans as property taxes and cost of living skyrockets. Does anybody in Washington D.C. understand whatβs happening in America? Workers canβt afford to live in this country.
US equities will deliver annualized total returns of 4% over the next decade, much lower than the 12% seen in the previous 10 years: Bernstein's Sarah McCarthy and Mark Diver https://t.co/ExuLSszVma
In 2016, Nvidia CEO Jensen Huang's bet on AI had him hand-delivering processors to Elon Musk and Sam Altman. Seven years later, his company has joined the $1 trillion club https://t.co/2H5pzyNgnX
European Commissioner Thierry Breton will run an assessment of Elon Muskβs Twitter and meet with Meta CEO Mark Zuckerberg and OpenAI CEO Sam Altman about AI. https://t.co/KvRCl4MRAv
A record $270 billion in bank-held commercial mortgages, of which about $80 billion is in office loans, will mature in 2023: Trepp. CRE loans make up about 25% of total US bank loans outstanding, but account for nearly half of all loans at community banks. https://t.co/AOGPfFmsFc
Since Silicon Valley Bankβs collapse in March, 47 banks restated their Dec. 31 uninsured-deposit figures downward by a total of $198 billion, a Wall Street Journal analysis found https://t.co/w8JGQAtG9t
The UK government has given our commercial banks more than Β£800 billion since 2008 and now it pays them more than Β£40 billion a year to keep it. You canβt make up generosity to bankers on this scale, or the callous disregard towards all those in need implicit within it.