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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.
When COVID-19 first arrived, it was described as the great equaliser. Infection could happen to anyone. Your race, creed, or the balance of your bank account didn’t matter to the virus that was spreading. But after a summer of dodging the virus and hunting for rapid tests, it is abundantly clear this isn’t a pandemic of equals. Now we have the data which quantifiably measures just how Australia's socio-economic fault lines were exposed and exacerbated by COVID-19.
The landscape has changed, and there is no going back. Individual journalists are now integrated into the ranks of pundits, urgers and persuaders who abound online. At their employers’ behest, they blog, they podcast, they ‘engage’ as the current jargon has it, with those who post comments to their articles online.
On 8 October, at its 48th session, the United Nations Human Rights Council formally adopted a resolution recognising the human right to a clean, healthy and sustainable environment. It emphasises that ‘environmental degradation, climate change and unsustainable development constitute some of the most pressing and serious threats to the ability of present and future generations to enjoy human rights, including the right to life’.
Defence is a costly business, and few branches of defence are more costly, and questionable, than a country’s submarine capability. Since 2009, Project SEA 1000, the name for Australia’s Future Submarine program, has fascinated strategists and defence planners. In 2016, this resulted in an agreement with the French submarine company DCNS (now called Naval Group) to build an un-designed attack class vessel. Other contenders in the competitive tender — Germany and Japan, for instance — had existing models.
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’.
Even though I tried to count my blessings and to avoid my besetting sin of self-pity, migration was hard. And decades later I still think it was hard. Sometimes I wonder how I survived it.
The COVAX (COVID-19 Vaccines Global Access Facility) scheme, touted as a levelling measure against inequalities in vaccine access, is looking increasingly faulty. But one suggested mechanism to assist in achieving vaccine equity lies in the field of intellectual property rights.
The China story, described this week by the ABC’s Director of News Gavin Morris as ‘the story of our times’, defies simplistic renderings, however much a significant part of Australian-based commentary masquerades as such. The rapid revolutions of the modern media cycle do not permit much nuance or lengthy historically informed pieces.
There will be Great Reset in finance and economics. It is inevitable because the shock has been so great. The first problem is what to do with global debt, which was already at unsustainable levels before the virus hit: over 320 per cent of global GDP. The only way to prevent system-wide failure has been to lower interest rates to near zero levels.
Throughout the summer I risked smoke, storms and sickness to escape into the embrace of the sea, until, one day after that final swim, places of worship were effectively closed, along with beaches, pools, and national parks across NSW.
25-36 out of 200 results.