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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’.
The New York Times editorial on 15 August was all about tragedy in describing the fall of Kabul to the Taliban. ‘Tragic because the American dream of being the “indispensable nation” in shaping a world where the values of civil rights, women’s empowerment and religious tolerance rule proved to be just that: a dream.’
The souring of relations with China is driven not just by prime ministers, foreign and defence ministers, or even by Cabinet. It is the product of converging interests with immense reach and influence.
The atrocities committed in the Taliban siege of Mazar-i-Sharif in the late 1990s have not been forgotten. Nevertheless, the ‘progress’ brought by the invading forces — after twenty years’ hard fighting against the forces which they themselves had previously armed and trained against the Soviets — is equally debatable.
Like the best religious poetry, Dylan’s works resists easy interpretation and remains open to endless meditation. Dylan’s overtly political songs — ‘Hurricane’, ‘Political World’ — and love songs — ‘Idiot Wind’, ‘Tangled up in Blue’ — have often been challenging. It’s the same with his religious output.
The emptiness is dispelled as I pull into Broome, a frontier city located on Western Australia’s Kimberley coast. The city centre, currently undergoing a major revamp, buzzes with pedestrians. Restaurants require booking. Down on Cable Beach, cameleers are lining up their charges for sunset rides and road-trippers are driving onto the wet sand and setting up camping chairs and cracking beers as they settle in for the show of a lifetime.
Using the term ‘colonisation’ in regard to Israel and its relationship to Palestine and its settlements in the West Bank is contested, with some claiming that the situation is not a perfect parallel to other colonial contexts throughout history.
The laying on of hands has been associated with controverted change in Western religious societies. Central in religious societies, it became neuralgic in cultures seeking to mark out clear boundaries between religion and such domains as politics, science and medicine and demography. To appreciate the significance of the action, it is worth reflecting on its history.
Pope Francis is the first Pope to ever visit Iraq. Although Pope Francis only spent three days in Iraq, his visit received much attention and support from the Iraqi Government and was of major interest to Iraqis both in Iraq and here in Australia. I spoke with several Iraqis in Australia in order to hear their thoughts on this historic visit.
Before travelling to Iraq Pope Francis was criticised. The criticism bears reflection. It leads us to ask what weight we place on courage, a quality much discussed in antiquity.
Despite talk against ‘vaccine nationalism’ the pharmaceutical companies are ultimately beholden to investors and shareholders. Their effectiveness percentages are pitches. They will sell to those who can afford to buy. And naturally that’s wealthy countries.
A serious discussion of freedom of speech must move beyond it as an individual right to see speech as communication. It will then consider all the relationships, personal and public, involved in communication. It presupposes that people share a common commitment to truth. Freedom of speech flows from that deeper human responsibility and freedom to seek truth.
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