This report assesses the global macro-financial environment and its implications for Australia’s financial stability, with a focus on non-bank financial institutions (NBFIs), sovereign debt dynamics in advanced economies and banking sector funding resilience. Despite a rapid recovery in global risk sentiment following volatility in early 2025, underlying vulnerabilities persist, including elevated leverage and liquidity mismatches in parts of the global NBFI sector, rising so

Professionals usually refer to the term “China’s National Team” when describing a group of  state-linked institutions to trade exchange-traded funds that allows authorities to influence broad market segments quickly, reversibly, and with limited formal announcements. For instance, entities such as the Central Huijin Investment Ltd. is backed by the Ministry of Finance - who operates on a large enough scale to move markets but not enough to be opaque to preserve deniability an

“Existence Precedes Essence” Existence Precedes Essence is a core principle of existentialist philosophy - suggesting that human beings are not born with a predefined purpose or nature, instead, they first exist, and only later define themselves through their actions and choices. For most objects, essence precedes existence - for instance, a knife is designed to cut before it is made. Its purpose (essence) therefore comes first. For human beings, life does not possess any inh

Japan is heading into a snap lower-house election at a particularly delicate juncture, where domestic economic pressures intersect with mounting regional security risks and long-running questions about the country’s political direction. Prime Minister Sanae Takaichi, who assumed office about more than three months ago, has opted to dissolve the lower house early to capitalise on an unusually strong surge in public approval. Since taking office, Takaichi has accelerated increa

Japan’s 40-year bond yields rose to 4%, the highest level since this bond was first issued in 2007. In fact, no Japanese government bond of any maturity has had such a high yield in over 30 years. This movement was due to concerns about a proposed sales tax cut on food, supported by Prime Minister Sanae Takaichi. In addition, the emergence of the Centrist Reform Alliance has further increased uncertainty by raising the risk of electoral competition leading to looser fiscal co

Abstract In today's globalised world, the prevalence of AI is a double-edge sword for education. On the one hand, it supports students in their learning and intrinsic ability improvement, while on the other hand, the potential of misuse and violation of academic integrity of using AI is considerable. In this scenario, determining the role of AI ethical awareness is crucial for successful education and sustainability. This essay argues how AI ethics could foster development vi

Australia’s mining industry remains a central pillar of the national economy. The sector contributes around 13–14% of nominal GDP, over 60% of total merchandise exports, and more than $450 billion in annual export earnings during the 2023-2025 period. The sector has transitioned from the extraordinary commodity price conditions of the early 2020s toward a more normalised operating environment, characterised by easing prices for energy transition minerals, resilient demand for

Australia enters 2026 having achieved a rare post-pandemic soft landing, which could be attributed to flexible macroeconomic policy framework and strong institutional credibility. Despite a highly restrictive monetary stance through 2022–2024, the economy avoided recession and maintained positive growth supported by robust population growth. Real GDP expanded by around 2.1% year-on-year to September 2025, with full-year growth estimated at approximately 1.8%, outperforming ma

Author: Aayam Introduction: The Game of Control In today's world Power is not always about armies or bombs. It’s also about money, systems, and influence. Every country believes it’s independent — making its own choices, shaping its own economy. But behind this surface, there’s an invisible web made of financial institutions, global corporations, and media networks — all connected through one powerful language: money. This is how global power truly operates — not through inva

McCarthyism encompassed far more than the theatrical journalism of Senator Joseph McCarthy or the spectacle of televised hearings. One lesser-known fact is that the coercive infrastructure long pre-dated McCarthy himself. The House Un-American Activities Committee had already existed since 1938, and the Smith Act of 1940 criminalised radical advocacy years before the senator rose to prominence. In 1947, President Truman institutionalised a federal loyalty-security program thr

“Eisenhower’s farewell address” refers to the final public speech of the 34th president of the United States, delivered on television broadcast on January 17, 1961. Perhaps best known for advocating for a nation guard against the influence of the military industrial complex, the speech expressed concerns about planning for the future of dangers regarding deficit spending and the domination of science-based public policy by what Eisenhower called a “scientific-technological el

Author: Aayam On September 11, 2001, the world witnessed one of the most shocking events in modern history. Two passenger planes, each...

Quantitative Easing (QE) is one of the largest monetary experiments in modern history. In the most basic terms, this specific...

Truong My Lan is a notorious property tycoon and one of the richest businesswomen in Vietnam’s history. She is also known for...

Niccolò Machiavelli was born in a fractured Italy, divided among the Kingdom of Naples in the South, Milan in the Southwest, the Republic...

The Trump Administration is negotiating to buy a 10% stake in Intel Corp (Nasdaq: INTC) - in other words, a partial nationalisation of a...

It is common knowledge that the USD is the world’s reserve currency, therefore its fluctuations often coincide with major shifts in global markets. While a weaker US dollar usually correlates with rising global liquidity and risk asset prices, this relationship is not purely causal, rather, it is mediated by monetary policies, credit cycles and investor behaviour.   A weaker US dollar can stimulate global liquidity through several transmission mechanisms. When the dollar depr

Author: Vu H. Ngoc The UK government announced the implication of VAT at the standard rate of 20% for private school fees from 1st...

“Surveillance Capitalism”, a concept popularised by academics such as Shoshana Zuboff, is defined as a modern economic order in which...

After a long period of economic boom, Mexico has been experiencing an underwhelming rate of growth in the last decade - and the reasons...