Economy Archives - May Day Victoria

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[ 31 August 2026 ] United States attacks Iran yet again War
[ 14 July 2026 ] US breaks Iran MoU and promises more attacks War
[ 19 September 2025 ] More than a million take to the streets in France’s political crisis Economy
[ 16 September 2025 ] France Erupts against Macron after the fall of the government and appointment of a new Prime Minister Government
[ 16 September 2025 ] The United States is threatening to invade Venezuela International

More than a million take to the streets in France’s political crisis

19 September 2025 Editor 0

By Joe Montero Crowds of protestors have been in the streets since the French parliament sent don a confidence vote that ended the François Bayrou government and President Emmanuel Macron handed the Prime Minister’s job to another mate. The […]

Reserve Bank low productivity claims distort the reality

2 September 2025 Editor 0

By Joe Montero All the talk about productivity in the Australian economy and its association with interest rates has left most people none the wiser. The Reserve Bank sets the short-term interest rate, and in […]

The Reserve Bank’s interest cut and the growing indebtedness of Australia

13 August 2025 Editor 0

By Joe Montero The Reserve Bank has just cut the interest rate by 0.2 percent. While this might please mortgage holders and others paying oof debt, the question whether and by how much will the […]

Australia’s economy is still far from having been fixed

13 August 2025 Editor 0

By Joe Montero A new financial year has just begun, and this is as good a time as any to consider the state of the Australian economy. The news we are getting from the official […]

It is the United States that threatens Australia’s sovereignty

15 July 2025 Editor 0

By Jim Hayes In the lead up to Anthony Albanese’s trip to China to talk to his counterpart there, Premier Xi Jinping, the China threat to Australia claim raised its ugly head once again. It […]

The BRICS Summit 2025 was incredibly important and will have a lasting impact on the global order

14 July 2025 Editor 0

By Joe Montero The BRICS summit came and went last week in Brazil’s Rio de Janeiro. Western media aligned with United States economic and political global leadership largely ignored the event. This is despite the […]

People should focus less on the Trump personality and more on the interests he represents

14 July 2025 Editor 0

By Joe Montero It’s tempting to indulge in bashing Donald Trump, Elon Musk, and other talking heads in the Trump stable. They certainly invite it. But this indulgence can divert from the deeper reality of […]

Whyalla steelworks must not be allowed to close

23 May 2025 Editor 0

Contributed The threatened closure of South Australia’s Whyalla steelworks must be prevented for two reasons. The ability to produce steel products is a key strategic industry because these products are essential ingredients for many of […]

Morgan Stanley’s analysis unintentionally reveals rise of parasitic capitalism

22 April 2025 Editor 0

By Joe Montero Morgan Stanley, one of the biggest American multinational investment banks and financial services company, revealed that at the end of 2024, reported that United States corporate profits were on a high. Predictions […]

It is up to us to stop Trump’s tariffs from hurting Australia

3 April 2025 Editor 0

By Joe Montero Donald Trump entered to the applause of his inner circle of supporters on 1 April, to announce his Liberation Day. This is where he announced a new wall of tariffs against impots […]