Revised Data Shows Japan’s GDP Shrinks 1.8% in Q1

Hello from the US where, if you’re a fan of things such as civil liberties and not getting shot in the leg by masked thugs sporting law enforcement badges, the situation is somewhat suboptimal. Over in Los Angeles, national guard troops have been brought in to rough up protesters who are demonstrating against immigration raids….

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As expected, the Reserve Bank of Australia (RBA) kept its official cash rates at 4.35% for a sixth meeting in a row in June. In its official statement, the RBA recognized that economic and wage growth has weakened, and the unemployment rate has risen since their May meeting. However, consumption was stronger than expected and…