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Keywords: Currency

  • INTERNATIONAL

    Accusing Israel of genocide in Gaza

    • Binoy Kampmark
    • 25 January 2024
    1 Comment

    Proving genocide is an onerous task, notably on the issue of intent. The acts alleged must be specifically intended to destroy the group members in question. The UN Office on Genocide Prevention and the Responsibility to Protect considers this element ‘the most difficult element to determine.’

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  • AUSTRALIA

    After Christianity, what is Australia's civil religion?

    • Michael Jensen
    • 19 January 2024
    4 Comments

    In contrast to the United States, we in Australia ‘don’t do God’, and we rarely acknowledge the religious dimension of our national identity. In an age of declining adherence to the Christian faith, has Australia found a new civil religion? And will it serve us well? 

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  • ECONOMICS

    Best of 2023: Dawning multipolar world in global finance

    • David James
    • 04 January 2024

    From Moscow to Beijing, a change in global finance looms, set to challenge the long-standing economic hegemony. This imminent shift could redefine global power structures, disrupt currency markets and international trade. Amidst this uncertainty, one thing is clear: the game of geopolitical chess is no longer played on a Western-centric board.

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  • INTERNATIONAL

    The twilight of Western dominance in a world split in two

    • David James
    • 13 December 2023
    1 Comment

    As the world thawed post-Cold War, a debate raged over global supremacy, with Western powers predicting a unipolar world dominated by liberal democracy. Contrarily, others envisioned a future shaped by cultural and religious divides. In a shifting geopolitical landscape, the echoes of this debate continue to challenge long-held assumptions on global power dynamics.

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  • INTERNATIONAL

    The rise and fall of the Crypto King

    • Max Jeganathan
    • 21 November 2023
    1 Comment

    The spectacular rise and fall of Sam Bankman-Fried is a story that began with unfettered brilliance and financial wizardry, but quickly unraveled into an all-too familiar cautionary tale of swindlers, conmen, and morally vacuous ambition. 

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  • ECONOMICS

    What happened to the great reset?

    • David James
    • 10 October 2023
    1 Comment

    As Western economies grapple with soaring inflation rates, the once steady financial landscape is shifting, revealing looming challenges beneath mounting global debt. Amid 'Great Reset' calls, many face an uncertain future where the true cost of living is set to be redefined.

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  • AUSTRALIA

    The cost of automated welfare

    • David Halliday
    • 17 July 2023

    In the aftermath of the Robodebt scandal, an unsettling public apathy has emerged. Beyond exposing the pitfalls of automated welfare and demanding accountability, the response — or lack thereof — spotlights a worrying indifference towards the disenfranchised.

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  • ECONOMICS

    Dawn of the multipolar world: A new order in global finance?

    • David James
    • 13 June 2023
    1 Comment

    From Moscow to Beijing, a change in global finance looms, set to challenge the long-standing economic hegemony. This imminent shift could redefine global power structures, disrupt currency markets and international trade. Amidst this uncertainty, one thing is clear: the game of geopolitical chess is no longer played on a Western-centric board.

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  • ECONOMICS

    Ballooning risks of finance fictions

    • David James
    • 14 March 2023

    Was Russia's removal from the SWIFT system the moment when the global financial system detached itself from reality? The financial system is at risk from unpayable debt and the delusion that money can be created out of money itself, and wider trust underpinning finance is steadily evaporating.

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  • ECONOMICS

    Russia sanctions reveal growing split in the global financial system

    • David James
    • 14 December 2022

    What the failed attempt to crush Russia’s economy has revealed is that America’s and Europe’s dominance of the global financial system is something of an illusion; more like money changing hands in a giant casino rather than actual wealth. 

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  • AUSTRALIA

    Australia's OPCAT problem

    • Binoy Kampmark
    • 17 November 2022
    1 Comment

    Australia’s ratification of the Optional Protocol to the Convention Against Torture and other Cruel, Inhuman or Degrading Treatment or Punishment (OPCAT) came about as a reaction to the abuses recorded at the Northern Territory’s Don Dale youth prison. To monitor compliance with OPCAT, UN independent inspection teams are permitted to conduct unannounced visits to any place where people are deprived of liberty. But on October 24, a Corrective Services NSW spokesperson announced that inspection teams were ‘refused entry without incident’.

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  • ECONOMICS

    In finance, story matters most

    • David James
    • 16 November 2022
    1 Comment

    Financial markets are made up of human beings and human beings have always been storytellers — long before science, or modern finance, or accounting even existed. Accordingly, the main skill of successful analysts, advisers, financial gurus and commentators is the construction of compelling narratives. They are, if not exactly creators of fairy stories, not too far removed from it. 

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