Keywords: Central America
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ECONOMICS
As commodity prices and inflation soar in the ‘real’ world we may be witnessing a prelude to another 2008-style crisis triggered by the foreign exchange markets. The risks certainly look similar and can be described with a simple question. Can the fictions produced by out-of-control financial actors survive reality?
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MEDIA
- Binoy Kampmark
- 11 January 2022
1 Comment
Instead of retaining its control of a fruit market, or preserving an oil monopoly, Facebook harnesses another resource: data. Any regulator or sovereign state keen to challenge the way the Silicon Valley giant gathers, monetises and uses that data will face their ire.
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INTERNATIONAL
- Binoy Kampmark
- 16 December 2021
18 Comments
The legal pursuit of Assange is disturbingly unique not only for using an archaic law against a non-US national; it is also the first instance of an international application of it against a publisher. The law, if applied in the way suggested by the charges, criminalise the receipt, dissemination and publication of national security information, irrespective of motive. If the US Espionage Act 1917 were applied in this way, it would appear to subvert the free press provision in the United States Constitution.
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ECONOMICS
- David James
- 08 November 2021
4 Comments
The Glasgow United Nations Climate Change Conference has been advertised as an effort to focus on sustainable environmental solutions. What got much less attention, if any, is that it is probably at least as much about having a sustainable financial system. Many noted that China, did not send its leader: Xi Jinping, president of the world’s greatest CO2 emitter. There was also another significant absence: the financiers who are hoping to profit from the trillions allocated into climate change projects.
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INTERNATIONAL
- Jim McDermott
- 14 September 2021
3 Comments
Giovanna Slon was just beginning her third year at Fordham University in the Bronx when a plane hit the World Trade Center on Tuesday, September 11, 2001. ‘At 8:47am, my R.A. bangs on my door and tells me “You have to get up. There’s something happening.”’
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INTERNATIONAL
- Binoy Kampmark
- 24 August 2021
10 Comments
The New York Times editorial on 15 August was all about tragedy in describing the fall of Kabul to the Taliban. ‘Tragic because the American dream of being the “indispensable nation” in shaping a world where the values of civil rights, women’s empowerment and religious tolerance rule proved to be just that: a dream.’
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ECONOMICS
- David James
- 12 August 2021
4 Comments
The biggest mystery of the financial markets is why, when the monetary authorities have been printing money with their ears pinned back, is inflation for the most part not a problem? What happens with inflation is crucial to the short-term survival of the whole system. Global debt, which is running at well over 300 per cent of global GDP, is only sustainable because interest rates are exceptionally low (the base rate in Australia is only 0.1 per cent). And interest rates are low because inflation is not a problem.
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RELIGION
- Andrew Hamilton
- 05 August 2021
60 Comments
Critical Race Theory, which has recently been banned ineffectively by the Australian Senate from the National Curriculum, has everything going for it as a lightning rod. It has an acronym (CRT), opacity and an air of self-importance. It is also associated with a controversial social movement: Black Lives Matter. The theory does not need to be understood before generating heat.
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INTERNATIONAL
The atrocities committed in the Taliban siege of Mazar-i-Sharif in the late 1990s have not been forgotten. Nevertheless, the ‘progress’ brought by the invading forces — after twenty years’ hard fighting against the forces which they themselves had previously armed and trained against the Soviets — is equally debatable.
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RELIGION
- Andrew Hamilton
- 08 July 2021
38 Comments
Looking from outside at the debates among American Catholics about whether President Biden should be refused communion has been a little like watching the crowd in a Rangers v Celtic game in Glasgow. Much that was said and done fervently in the name of faith showed little familiarity with it. To understand the issue we must enter the Catholic imaginative world in which the Eucharist is central.
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MEDIA
- Binoy Kampmark
- 23 February 2021
2 Comments
Instead of retaining its control of a fruit market, or preserving an oil monopoly, Facebook harnesses another resource: data. Any regulator or sovereign state keen to challenge the way the Silicon Valley giant gathers, monetises and uses that data will face their ire.
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INTERNATIONAL
- Daniel Sleiman
- 04 February 2021
8 Comments
Despite talk against ‘vaccine nationalism’ the pharmaceutical companies are ultimately beholden to investors and shareholders. Their effectiveness percentages are pitches. They will sell to those who can afford to buy. And naturally that’s wealthy countries.
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