Keywords: West Bank

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  • ECONOMICS

    A strange financial circus

    • David James
    • 12 October 2021
    2 Comments

    Over the last two years, money printing has created the illusion of strength in savings. But when reality resurfaces, and actual returns are required from actual economic and business activity, the global financial system will come under extreme stress. 

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  • ECONOMICS

    The battle for the future of money

    • David James
    • 07 September 2021
    4 Comments

    There is a three-way battle looming over the future of money and the stakes could scarcely be higher. Conventional money, mainly debt created by banks — the ‘folding stuff’ is only a tiny proportion of the total — is in trouble. Total global debt is now so large relative to the world economy it cannot be serviced, which is why monetary authorities have resorted to dropping interest rates. When they almost hit zero, the next step was quantitative easing (QE): printing money by getting the central bank to buy back government and corporate bonds and putting them on its ‘balance sheet’. 

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  • INTERNATIONAL

    Why Afghanistan matters

    • Andrew Hamilton
    • 24 August 2021
    14 Comments

    Most early commentary on the swift coming to power of the Taliban in Afghanistan has focused on how it happened and who was to blame for it. Much of the blame has been focused on United States President Biden and former President Trump. Increasingly attention has turned to the plight of people in Afghanistan, particularly women and those who helped the occupation forces and women. 

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  • ECONOMICS

    Why inflation isn't higher

    • 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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  • EDUCATION

    What's the point of schooling?

    • Tim Hutton
    • 29 June 2021
    62 Comments

    The question being asked, however, is one that puts the cart before the horse. The question of ‘What do you want to see in the national curriculum?’ presupposes the answer to another question: What even is the purpose of schooling?

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  • AUSTRALIA

    The Murugappan family and the cynicism of refugee politics

    • Binoy Kampmark
    • 24 June 2021
    27 Comments

    The Murugappan family have found themselves in the middle of this nasty tangle, their fates politicised and manipulated.

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  • AUSTRALIA

    Campaining for Afghan women's rights

    • Hava Rezaie
    • 22 June 2021
    7 Comments

    I was born Hazara in Afghanistan. It is a place where my people suffer constant persecution and discrimination, and additionally, where women are considered second-class citizens. When I was two years old, my parents fled Afghanistan. We first arrived in Iraq and were subsequently given refugee status in Iran. Despite the challenges of growing up a foreigner in Iran, I completed my teaching degree, and also qualified to be a lawyer.

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  • ECONOMICS

    Teetering on the financial brink

    • David James
    • 08 June 2021
    4 Comments

    An often overlooked fact about the financial system is that it entirely depends on trust. When trust starts to evaporate, especially between the big players such as banks and insurance companies, the whole artifice is put into peril. Trust in the system is now at an extreme low and that points to extreme danger.

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  • INTERNATIONAL

    Palestine remains embroiled in the quagmire of politics and legitimacy

    • Ramona Wadi
    • 14 May 2021
    9 Comments

    The relationship between Israel and Palestine is one of coloniser and colonised not a relationship between two states. While the specific recognition of a Palestinian state by the Labor Party was covered broadly by the media, the legitimisation of the two-state paradigm remains.

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  • AUSTRALIA

    The digital divide in a new normal

    • Nicola Heath
    • 23 February 2021
    3 Comments

    For those of us who already regularly shopped, banked, studied and worked via the Internet, it was easy to adapt to telehealth appointments with doctors and video calls with friends and family. Of course, these activities require access to the Internet — something 2.5 million Australians are without. A further 4 million access the Internet solely using a mobile connection. For these citizens, the pandemic exacerbated the existing digital divide.

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  • FAITH DOING JUSTICE

    Without JobSeeker, inequality will rise

    • Julian Butler
    • 11 February 2021
    4 Comments

    The size and spread of government payments in past 12 months has held steady, and to some extent, improved the circumstances of many on low incomes or government support. The withdrawal of that support risks returning many to payments that do not provide for basic human needs.

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  • ECONOMICS

    GameStopping the system

    • David James
    • 09 February 2021
    5 Comments

    The controversy over the shares of US video game company GameStop has again exposed what has long been obvious: there is something seriously rotten in the state of the world’s financial markets. It was a battle between a hedge fund, Melvin Capital, which manages $US13 billion, and a small group of ‘amateur’ investors who communicated with each other on a Reddit forum called WallStreetBets.

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