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There are more than 200 results, only the first 200 are displayed here.
Now that it is becoming hard to avoid just how much trouble the global financial system is in, it is interesting to speculate about what should be done about it. The first thing to understand about the global financial system is that the assumptions that were used to shape it are demonstrably false.
Journalist and author Elle Hardy spent 15 months researching and writing her 2021 work Beyond Belief: How Pentecostal Christianity is Taking Over the World. She notes the estimation that by 2050, one billion people around the world (one in 10 humans) will be a Pentecostal follower of Jesus (and their pastor).
Former detainee, Kurdish-Iranian refugee Mostafa ‘Moz’ Azimitabar, seeks compensation from the Federal Government for what he alleges was unlawful detention. Detained offshore in Papua New Guinea (PNG) and in Australia for almost eight years, Moz is seeking compensation in the Federal Court of Australia for the physical and emotional toll of his detention, particularly from the final 14 months of detention in two Melbourne based hotels.
Monetary authorities are caught in an impossible situation. Inflation is rising: it is over 5 per cent in Australia and over 9 per cent in the United States. Inflation is often seen as a way out of excessive debt because it erodes the real value of money and therefore the real value of the debt. But what is increasingly being discussed are ways to cancel the debt.
Ozark is, at heart, an unflinching look at evil. I’ve always known I’d come back to each new release of episodes in part because the darkness is made watchable by the likeable faces of Jason Bateman and Laura Linney. They play the couple at the centre of a family amidst sinister violence and corruption. Indeed, the juxtaposition between the content and those faces is a key part of what makes the show so intriguing.
The question that should be posed is how effective has the Reserve Bank been at ‘managing’ the economy and financial system? ‘Not very’, has to be the answer. Not that the RBA is alone. The same pattern has been seen across the developed world. Central banks have one weapon at their disposal, the cost of money (the interest rate), and there is not much evidence they have used this tool to make their systems sustainable. Mostly, they have made matters worse.
After four years, the Fifth Plenary Council of Australia is nearly at a close with the second and final assembly in July. So what has been the significance of the Plenary Council so far, and what can we expect from the final session? In this Roundtable, Geraldine Doogue, John Warhurst, Greg Craven and Julian Butler reveal their hopes and expectations for the process and discuss likely outcomes.
After the Election media focus has now switched from the fresh personalities and style of the new Government to the difficulties that face it. These include the financial pressures created by heavy debt and inflation, the constraints imposed by pledges made before the election, an energy crisis, international conflicts and their effects on trade, and differences within the Party. Faced by such challenges the Government is unlikely to be able to fulfil its promises and its supporters’ hopes.
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.
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