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There are more than 200 results, only the first 200 are displayed here.
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?
Governments lose elections, but Oppositions still must demonstrate that they are a capable alternative. Both the Morrison Coalition government and the Albanese Labor Opposition played their part last Saturday. There were many sub-plots in the pattern of voting, but this election was primarily lost and won in the four biggest mainland cities.
‘We removed him from the mausoleum’, wrote the Soviet poet Yevgeny Yevtushenko. ‘But how do we remove Stalin from Stalin’s heirs?’ The poem was published in 1962 but it’s still a good question. Today one of Stalin’s heirs commands a barbaric war against Ukraine with the enthusiastic cheerleading of another such heir – the leader of the Moscow Patriarchate reestablished by Stalin.
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.
In purely economic terms, the upcoming Federal election is extremely unusual. The shut down of the Australian economy for almost two years because of health measures really has no precedent in our history. Only war can produce that type of shock. The Federal government’s financial response was as extreme as the state of emergency measures, including a sharp increase in Australian government debt. It remains to be seen, however, if the government gets much credit for injecting so much free money into the economy. It is unlikely.
On May 3, the Prime Minister of the Solomon Islands, Manasseh Sogavare, vented his fury in parliament at ‘the continual demonstration of lack of trust by the concerned parties, and tacit warning of military intervention in Solomon Islands if their national interest is undermined in Solomon Islands.’ The targets of the speech — Australia and the United States — were clear enough.
As a kid, all I wanted was answers. As soon as I’d get one, I’d chase the next. Nowadays, I’m happy with holding onto questions. Rephrasing, examining, thinking. The answers I have don’t always add up, and my mania for meaning, for definitive proof, is abating. I am increasingly aware that all of us, regardless of creed, creditworthiness, consciousness or credentials, lack definitive answers to life’s mysteries.
In a space of 40 years, Russia has been our enemy, then our friend and now is an enemy again. Russia is again attacking Ukraine. We are convinced the Ukrainian cause is just. But we also know that we face a domestic far-Right terrorism threat at home. What if young impressionable foreign fighters with little knowledge of Ukrainian history, politics and internal conflicts find themselves fighting with and influenced by anti-Semitic and Islamophobic neo-Nazi groups?
Palm Sunday alternates between March and April. When, as this year, it is celebrated in April it keeps company with a number of days that provoke us to ask what and who matter, what and whom can you trust. If it is a cruel month, it is so because it tests, even mocks, our comfortable assumptions. In a year overshadowed by manifestations of climate change, of persistence of Covid and of the horrors of war, it is not a bad month to endure an election.
People who understand more about international affairs than I do tell me that the Ukrainian/Russian matter is complex, but to me the matter seems simple enough, involving the obsessions of a powerful man, and the suffering of an innocent population. As usual, it is the women and the children who are bearing the brunt of the conflict, while President Putin remains supremely indifferent to their fate. And, as so often, I wonder what makes him tick.
A house bursts into flames as it’s submerged in floodwaters. A doctor tells a cameraman filming a dying Ukrainian child to send the footage to Putin. A newspaper delves into the murder of a young woman. It’s like a fever dream: a pandemic bleeds into the edges of a global war. The news presents information, and it has no moral duty to tell us how we should feel about it or help us untangle the knot of feelings which emerge.
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.
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