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Trump’s tariff-led reshaping of global trade is weakening the US dollar’s long-standing dominance. As central banks diversify away from US assets, what was once called an “exorbitant privilege” is beginning to look more like a burden — one shaped as much by petulant politics as economic mismanagement.
While much of the world drifts toward political extremes, Australia did something quietly radical: it chose the centre. In a night of subdued triumphs and unexpected grace, it was a reminder that democracy’s strength may still lie in its capacity for moderation, mercy, and surprise.
As Australia heads toward a federal election, the government’s latest budget offers relief but fails the deeper test of justice. In a nation facing rising inequality and entrenched disadvantage, what’s missing is a vision anchored in the common good, a politics that serves not just voters, but the voiceless.
Countering a rise in youth crime with tough new bail laws will ensure community safety, but risks compounding the very crisis they aim to solve. As more children are placed in detention, the changes raise urgent questions about justice, policy failure, and the long-term social cost of prioritising punishment over prevention.
Australia’s Federal Budget offers a mix of tax cuts, spending increases, and modest relief for households, but fails to address the seismic shifts in global economics. With rising defense spending and minimal solutions for mounting debt, it remains unclear whether this budget can navigate the country’s economic vulnerabilities in an unpredictable world.
Europe’s escalating defence spending, driven by the Russian threat, marks a shift toward militarisation. The EU’s new budget plan, designed to free up billions for weapons and security, raises critical questions about how far Europe will go in fortifying itself and the long-term impact on its stability.
As Australia heads towards another federal election, the influence of big money in politics looms larger. In the U.S., billionaires and corporate interests have eroded trust in government. Campaigns there cost billions of dollars, while ours, for now, do not. But can we keep it that way?
With cuts to USAID, international aid programs confront mounting challenges. Amid evolving power dynamics and strategic realignment, humanitarian assistance now faces fundamental questions about its future.
For 200 years, the power of presidential mercy has shaped America’s justice system. But with tensions heightened by numerous controversial pardons by both Trump and Biden, has this constitutional safeguard become a political weapon, that threatens the balance of democracy?
In a negotiated truce, Israel and Hamas have ended a conflict that raged for over a year, since Hamas’ attack on October 7, 2023. As hostages are exchanged with Palestinian prisoners, hopes flicker across a battered region bracing for precarious next steps. But can the truce hold amid vague terms, fragile politics, and Gaza’s looming reconstruction?
At COP29, the world’s wealthiest nations promised to confront climate change—but delivered only a fraction of the required funds, leaving developing countries with a trillion-dollar shortfall. As Pope Francis warns of a sick planet, the question remains: Who pays for the climate crisis, and who bears the consequences?
As cost-of-living pressures weigh heavily on Australians, could mission-driven organisations like charities and not-for-profits disrupt markets by prioritising people over profit? Empowering these organisations to compete in key markets may result in more equitable systems that address community needs.
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