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Search Results: imf

  • ARTS AND CULTURE

    Two goats, a sheep and Grexit

    • Gillian Bouras
    • 01 July 2015
    4 Comments

    In the early hours of Saturday, Prime Minister Alexis Tsipras had announced a referendum for July 5. Whether the average Spiro and Soula has much idea of the macroeconomic issues seems doubtful. I certainly haven’t. And there is not much time for them or me to learn. Spiro and Soula and I are naturally concerned about the supply of ready cash.

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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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  • ECONOMICS

    Hapless Joe Hockey

    • David James
    • 10 December 2014
    12 Comments

    One of the fascinating aspects of Australia's political pantomime is the manner in which the Federal Treasurer is forced to metamorphose into a used car salesman who is spruiking the Australian economy. One reason for the relative impotence of the Treasurer is that the Federal government only has control over fiscal policy. Monetary policy, the interest rate, is set by the Reserve Bank, not the government.

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  • AUSTRALIA

    Bishop's aid crusade must heed the poor

    • Paul O'Callaghan
    • 20 June 2014
    3 Comments

    Pope Francis and Julie Bishop both spoke this week, with passion and within days of each other, about how to address poverty in the world's poorest countries. Bishop launched a framework of new performance benchmarks, and her desire to improve accountability and transparency in Australia's aid program is to be commended. Hopefully the framework holds the voices of the poor and marginalised at its centre.

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  • AUSTRALIA

    Australia slips in generosity ranking

    • Paul O'Callaghan
    • 23 May 2014
    6 Comments

    Last week the Federal Government committed to a much smaller and 'just in our neighbourhood' aid program for the long term. This major shift sent a perplexing signal to the world, with Australia abandoning Africa's poorest at a time when Australian mining investment in Africa continues to boom.

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  • ENVIRONMENT

    Coal hard facts for religious investors

    • Neil Ormerod
    • 11 February 2014
    12 Comments

    The international movement to divest from investment in fossil fuels is gathering momentum. Investors are starting to realise that as governments act to restrain fossil fuel consumption, fossil fuel companies will find their assets being written down. This is particularly pertinent to Australia, the second largest coal exporter. And it raises questions for Australian religious bodies about the prudent and moral use of their resources.

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  • INTERNATIONAL

    Best of 2013: Margaret Thatcher versus the Scots

    • Duncan MacLaren
    • 10 January 2014

    While any man's death diminishes me because I am involved in mankind', I must admit to pouring a glass of good malt at the news of Thatcher's passing. The Southern English may laud her as the greatest prime minister after Churchill but for us Scots she was a hate figure who in the last days of her premiership scarcely dared to cross the border for fear of being assassinated.

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  • ECONOMICS

    Banksters' deadly game of Sheldon's three-person chess

    • David James
    • 01 May 2013
    3 Comments

    In The Big Bang Theory Sheldon invents a game of chess which 'utilises a three-sided board with transitional quadrilateral-to-triangular tessellation to solve the balanced centre combat-area problem'. This gobbledegook sounds suspiciously similar to the application of mathematical models to financial securities in derivatives markets.

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  • ARTS AND CULTURE

    Greece's brush with linguicide

    • Gillian Bouras
    • 17 April 2013
    8 Comments

    The label 'crazy script' really infuriated me. The article suggested the Irish were all the better for having parted with their own 'crazy' Gaelic script in the 20th century. But an attack on a culture's language is an efficacious way of destroying the culture itself, and scrapping an alphabet seemed to me to be the thin edge of the wedge.

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  • AUSTRALIA

    Margaret Thatcher versus the Scots

    • Duncan MacLaren
    • 10 April 2013
    72 Comments

    While any man's death diminishes me because I am involved in mankind', I must admit to pouring a glass of good malt at the news of Thatcher's passing. The Southern English may laud her as the greatest prime minister after Churchill but for us Scots she was a hate figure who in the last days of her premiership scarcely dared to cross the border for fear of being assassinated.

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  • RELIGION

    Cardinal's legacy transcends gay scandal

    • Duncan MacLaren
    • 12 March 2013
    25 Comments

    Many Scottish Catholics are concerned Cardinal O'Brien's legacy will be solely one of drunken fumbles with adult men. We need to remember the other O'Brien: his passion for the poor, his courage in having workshops in Catholic schools on HIV/AIDS, his support for married clergy. The lynching must stop, and compassion begin.

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  • ECONOMICS

    Ways out of economic depression

    • Bruce Duncan
    • 18 October 2012
    8 Comments

    Tony Abbott warned that Australia could go the way of Greece with excessive debt. Such claims reflect a climate of exaggerated concern about debt. Instead Australia could be taking advantage of historically low interest rates and embarking on major infrastructure projects, increasing employment and laying the basis for sustained growth in productivity.

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