Search Results: economy

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  • EUREKA STREET TV

    US Bishops reckon with same sex marriage support rollercoaster

    • Peter Kirkwood
    • 08 July 2015
    7 Comments

    Journalist Michael O'Loughlin is national reporter for Crux, the Boston Globe's regular supplement on Catholic Church issues. His book The Tweetable Pope: A Spiritual Revolution in 140 Characters, to be published in September. In this video interview, he analyses the US Bishops' response to the recent US Supreme Court ruling on same sex marriage.

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  • ECONOMICS

    The IMF has failed Greece

    • David James
    • 01 July 2015
    6 Comments

    International Monetary Fund prescriptions have a long history of failing, and countries that ignore them are often the ones that do surprisingly well. Few have been asked to be more servile than the Greeks. When the IMF came in with what is amusingly referred to as its austerity 'plan', the Greek economy was expected to grow at over 2 per cent. After the 'plan' had taken effect, the country’s economy had shrunk by a quarter.

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  • ARTS AND CULTURE

    Greeks suffer as leaders quarrel

    • Gillian Bouras
    • 23 June 2015
    6 Comments

    My youngest son, who lives in central Athens, is on the phone. ‘What do you think I should do with my money?’ he asks. The New York Times likens Europe and Greece to two prize-fighters, but I suspect that this is a male take on the matter. The women on the scene, Chancellor Angela Merkel and IMF chief Christine Lagarde, are more or less playing the part of the firm mother to naughty, quarrelling boys.  

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  • INTERNATIONAL

    Magna Carta's spotlight on today's political arbitrariness

    • Binoy Kampmark
    • 17 June 2015
    3 Comments

    It was far from democratic and arose from circumstances of pure opportunism, but the Magna Carta was created as a break on arbitrary rule and power. Therefore contemporary moves to undermine such principles as the rule of law are prescient. Australia's parliament commemorates its birthday even as it extends the reach of national security laws and endorses a draconian refugee policy.

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  • ARTS AND CULTURE

    A rant about America's weapons fired economy

    • Brian Doyle
    • 17 June 2015
    21 Comments

    Here's a story. A man who was a soldier in the American army in Iraq tells it to me. A friend of his, one of his best and closest friends, was nearly pierced through by a bullet fired by a sniper. American surgeons removed the bullet and discovered it was a 5.56mm cartridge manufactured in Lake City, Missouri. For profit.

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  • INTERNATIONAL

    Italian perspective on Australia's asylum seeker shame

    • Anna Martin
    • 12 June 2015
    31 Comments

    Over the last few months, I have been completing a Masters in International Criminal Law at the United Nations Interregional Crime and Justice Research Institute in Turin, Italy. Over the last two weeks, our classes revolved around human rights — always a bit of a cringeworthy topic when one comes from Australia. Certainly Italy's attitude and approach to asylum seekers puts Australia's to shame.

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  • AUSTRALIA

    Quake forces Nepalis to walk on water

    • Angela Ford
    • 02 June 2015
    2 Comments

    As a kiwi I had grown up with earthquakes. I remember them large, small and intrusive. Awed by their power, I cherished the still that followed. This is what made Nepal’s second major earthquake so different for me. I will never forget the beginning of the 7.3-magnitude quake, but will never recall the end.

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  • AUSTRALIA

    Fossil fuel divestment economics in line with morality

    • Michael Mullins
    • 01 June 2015
    3 Comments

    The Norwegian Parliament has just ordered its $A1.15 trillion Sovereign Wealth Fund to divest from coal. This represents the largest single divestment from fossil fuels in human history, and our biggest sign yet that the age of coal is over and the financial case for investing in fossil fuels is likely to disintegrate. Australia will crash and burn both economically and morally if we do not follow suit.

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