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When America sneezes the world catches cold. No wonder crowds are demonstrating against Wall Street. Successive economic crises reveal that we have forgotten the economic lessons learned after the Great Depression. I am one of the dwindling number of Australians who was alive at that time.
Two weeks ago two grandmothers met at a popular rendezvous in central Athens. Their talk was the usual leapfrog business, but there was an undercurrent of worry: What was going to happen to this country? Was any sort of solution going to present itself? Suddenly the riot squad hove into view.
Respect for the people whose lives will be affected by the Bluescope crisis should lead us to ask wider questions about the society their children will inherit. The ways in which Australia shapes its economy creates a society in which human beings may flourish or be diminished.
London is burning. Throughout the rest of the world, stock markets are tumbling at a rate not seen since the 2008 global financial crisis. Unemployment in the US and parts of Europe is high and refuses to come down. What we are seeing in Britain could be just the beginning.
If one were to believe the news cycle, the current crisis in Somalia would seem to have arisen without warning. But it is part of a pattern we have had plenty of opportunity to observe and recognise. In fact Eastern Africa is historically well acquainted with famine.
Panayiotis runs the mini-market he inherited from his father. I have known father and son for 30 years. 'How do you see things at this stage of the krisi?' I ask him, for I'm always asking people what they think of Greece's financial crisis. 'What crisis?' he grins. 'Greece has got a crisis; Greeks haven't.'
The media said the US Catholic Bishops' John Jay report blamed the 1960s sexual revolution for church sex abuse. More significantly, it implied that the roots of the sexual abuse crisis instead lie in the shallow Catholic culture of earlier decades.
Journalistic accounts of the defeat of Ivory Coast's Laurent Koudou Gbagbo seem to contain an unhealthy note of gloating. The Ghana Business News shows a more modest creature who posted his impressions on Twitter even as the crisis was unfolding.
193-200 out of 200 results.