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A shift is afoot in the west's financial markets that represents the most important economic change since the emergence of the new financial instruments in the 1990s that ultimately led to the global financial crisis. It is likely to result in a new way of thinking about money, which will change the substructure of developed economies.
The crisis brought to a head this ambivalence of governments. It underlies the attack by three NSW government ministers on the community groups responding to the fires. The ministers criticised them for doing ineffectually what the government was not doing and for spending money on administration that it should have provided.
Cardinal Sarah's scandal-causing book arguing against changes to the rule of mandatory celibacy was a transparent attempt to thwart proposals coming out of the Amazonian Synod of 2019. Whatever the fallout, it should not be allowed to scare Australia's bishops off from discussing the subject during Plenary Council 2020.
Trump had asked the Iraqis to mediate with the Iranians and Soleimani, one of Iran's most respected generals and emissaries, was there for the purpose. If this is true, and no-one from the US side has denied it, this was that most ancient of perfidies — a murder under a flag of parley.
If the dark days of 1940 provided an opportunity for a chancer and publicity hound like Winston Churchill to emerge as an inspirational leader and reputed giant of the 20th century, why hasn't the catastrophic breakdown of the natural world done something similar for the likes of Boris Johnson, Donald Trump and Scott Morrison?
At the next global financial crisis, when questions about what we want our monetary system to do for us become a matter of survival, why not devise a transactional system that is not just geared towards the consumption of goods and services, but involves monetary exchanges for social goods, such as sustainable production, or civic benefit?
Due to this stance, immigration is arguably not being leveraged to actually benefit the country, including its flailing economy. This is despite a government report released last year stating that immigrants increase GDP and helped avoid the 2008 financial crisis.
Here, al-Baghdadi seemed to reprise a previous villainous role: that played by Osama bin Laden, the recognisable face of Al-Qaeda. It was similar in another respect: slaying the symbolic head might provide some form of catharsis, but it would hardly redress the logistic realities on the ground.
While expecting an indefinite US presence in Syria was unrealistic as part of bargaining for a homeland, the Kurdish forces are right in feeling the sting of yet another historical abandonment. They have been more than useful fighters, a point that is also held against them. The question now is how bloody this next chapter will prove for them.
Anyone at Friday's climate strike couldn't help but notice just how much the terms of the debate have shifted in recent years. The crisis is one of being. Climate change denialism isn't simply a political position anymore. To deny the science is to embrace nihilism; it is to be complicit in one's own extinction.
One of the ironies of the intensifying tariff war between America and China is that that neither of the two giants seems to have a viable economic model. Both countries' systems are based on dodgy financial engineering and printing money, or just inventing new types of money out of thin air.
While the current economic climate is cause for concern, it is not the time to panic. A more sensible alternative to austerity is for governments, business, unions and charities to look for ways we can together soften the impact of any global downturn. This will require bipartisan agreement to sacrifice some or all of the budget surplus.
97-108 out of 200 results.