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For Europe, especially Germany, there should be enough gas in storage to limp through winter but by next spring there may be severe trouble. The leaders of Europe and the United States expected that they would win the economic war against Russia and force the invader to withdraw. Not only did that not happen, it is likely to lead to severe unintended economic consequences.
When former Facebook employee Frances Haugen released a trove of documents revealing internal research on the negative effects its social media products were having on mental health, the darker side of social media became hard to ignore. So how might the harmful effects of social media be mitigated into a social benefit for a saner, more coherent society?
Last month I travelled to Ethiopia, visiting an IDP (Internally Displaced Persons) camp filled with thousands of people facing a hunger crisis. The triple threats of conflict, COVID and climate have created the perfect storm, with serious impacts on countries that depend heavily on grain, fuel and fertiliser imports from Russia or Ukraine, including Yemen, Somalia, Ethiopia and Sudan.
Joined by our son, I dug four feet down, two feet across, into wet, clayish soil. Deep into the darkness. We can see Cinder’s resting place from our bedroom window, not far from a little apple tree we’d planted some weeks before. She would have loved the spot, we think.
While the church in East Timor has its hands full serving its large membership, a big challenge is to work out what its role should be in post-war Timor. Rather than entrench its comfortable status quo, Cardinal Virgilio, educated in the Philippines and from an order skilled in youth education, must ensure that the church’s new status is used to move it towards the model advocated by Pope Francis.
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?
Next week we officially enter winter. The associations of winter are largely negative. They mourn the loss of the summer that has passed. For that reason it may seem incongruous that winter should begin immediately after a Federal Election campaign that ended with the excitement of the people’s choice of a new Government. The potential for a new beginning might fit better with spring.
We are now three months into the Ukraine war. From an invasion it has turned into a war of attrition that has cost many lives, displaced civilians, destroyed cities, and led to sanctions and the making of alliances with effects that have spread suffering far beyond Ukraine. In this Roundtable, Andrew Hamilton SJ, David Halliday, Michele Frankeni and Dr Stewart Braun explore the ethics of the war and likely paths to peace.
The lives of migrants often consist of divisions and collisions at the border between the old life and the new. But sometimes both lives come together in unexpected ways, and one such conjunction is about to happen to me. On Anzac Day my granddaughter will join the great flow of Orthodoxy, but I hope one day she will know about her little trickle of Australian blood.
The country’s most recent conflict — ongoing skirmishes with Russian-backed separatists in Crimea, Luhansk and Donetsk, just 230km east of here — had been memorialised at an open-air exhibition: a latticework of bronze flowers had been superimposed upon an ambulance wrecked in battle; bullet-ridden place names from affected villages were lined up like a column of condemned POWs.
Russia’s invasion of Ukraine has led to severe financial sanctions being imposed on the country that are likely to have lasting consequences. Problem is, they may not be the ones the sanctioners are expecting. They may even come to regret what they have done.
Australia’s Reserve Bank mainly concentrates on keeping inflation within an acceptable range and maintaining a high level of employment. Social equity has never been considered to be part of its mandate. It should be. Interest rates have been the biggest cause of economic and social division in Australia, not just between rich and poor, but also between older and younger generations.
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