RBA shoots down inflation hawks
Deputy governor Guy Debelle dismissed talk of spikes in wages and inflation by showing that Australiaâs economy remains quagmired by globally weak price pressures.
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The wonkish deputy governor of the Reserve Bank of Australia, Guy Debelle, delivered some profoundly important home truths in a speech on Thursday night.
For all the doomsayers upset by the (predictable) housing boom, and who claim it is precipitating unacceptable inequality, Debelle had a brutal rejoinder: would you rather the much higher unemployment and far greater income inequality that would result from millions of additional Australians on the dole?
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BRIDGEPORT, Conn. – Connecticut s Beardsley Zoo has released its calendar for May through June 2021. Spring is a wonderful time to visit the Zoo, as many of the animals are more active in chilly weather. As we all hope that the pandemic is in its last stages, the Zoo is still a great place to get outside with the family for fresh air. Calendar subject to change without notice. Please check BeardsleyZoo.org or Facebook for the most up to date information.
Connecticut s Beardsley Zoo is closer than you think and open daily from 9:00 am to 4:00 pm. Adult admission (ages 12 & older) is $16.00; children (ages 3 -11) are $13.00, senior admission (62 and older) is $13.00 and children under 3 years old are free. Zoo members also are admitted free.
Asia LPG market near contango on weak pre-summer N Asia demand, ample supply
Softening North Asian heating demand ahead of summer and healthy supply to Asia from the US and Middle East in June have flattened the prompt month market structure and could soon move it into contango for the first time in seven months, trade sources said May 3.
June/July CP propane swaps structure was indicated at parity May 3, steady to the April 30 value, and narrowing from a $4/mt backwardation April 28, S&P Global Platts data showed.
The front month structure has been in backwardation since Oct. 8, after standing at parity Oct . 7 and at a contango of between $1 and $17/mt between Sep. 18 and Oct. 6, according to Platts data.
Singapore Softening North Asian heating demand ahead of summer and healthy supply to Asia from the US and Middle East in June have flattened the prompt month market structure and could soon move it into contango for the first time in seven months, trade sources said May 3.
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June/July CP propane swaps structure was indicated at parity May 3, steady to the April 30 value, and narrowing from a $4/mt backwardation April 28, S&P Global Platts data showed.
The front month structure has been in backwardation since Oct. 8, after standing at parity Oct . 7 and at a contango of between $1 and $17/mt between Sep. 18 and Oct. 6, according to Platts data.
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