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Keywords: Fina

There are more than 200 results, only the first 200 are displayed here.

  • ECONOMICS

    Ballooning risks of finance fictions

    • David James
    • 14 March 2023

    Was Russia's removal from the SWIFT system the moment when the global financial system detached itself from reality? The financial system is at risk from unpayable debt and the delusion that money can be created out of money itself, and wider trust underpinning finance is steadily evaporating.

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  • ENVIRONMENT

    Storm brewing over Pacific nations as climate and debt crises collide

    • Cardinal Soane Patita Paini Mafi
    • 06 March 2023
    4 Comments

    Increasingly frequent and severe weather events are leaving Pacific Island nations struggling to rebuild. The region needs nearly US $1 billion per year in financing to adapt to climate change but with lengthy delays and complex grant applications, accessing funds is a challenge.

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  • ECONOMICS

    Best of 2022: The rise of the machines

    • David James
    • 12 January 2023

    There is a great deal of commentary about the growing importance of artificial intelligence, or AI, especially in business circles. To some extent this is a self-fulfilling prophecy — if people think something will have a seminal effect then it probably will. But if the supposed commercial benefits are significant, the dangers are potentially enormous.

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  • ECONOMICS

    Russia sanctions reveal growing split in the global financial system

    • David James
    • 14 December 2022

    What the failed attempt to crush Russia’s economy has revealed is that America’s and Europe’s dominance of the global financial system is something of an illusion; more like money changing hands in a giant casino rather than actual wealth. 

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  • AUSTRALIA

    Scott Morrison and the Bell inquiry

    • Binoy Kampmark
    • 30 November 2022
    1 Comment

    In 2020 and 2021, Scott Morrison secretly had himself appointed to administer the health, finance, treasury, home affairs and industry, science, energy and resources ministries. The newly elected Prime Minister Anthony Albanese charged Former High Court judge Virginia Bell with the task of investigating the affair.

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  • AUSTRALIA

    Amoral putting: The LIV Golf circuit comes to Adelaide

    • Binoy Kampmark
    • 24 November 2022
    5 Comments

    LIV Golf chief executive officer Greg Norman, financed by the pockets of the House of Saud via Saudi Arabia’s sovereign wealth fund, continues the corporate march across the putting greens of the planet. Complementing the Saudi Kingdom’s funding, South Australia's Major Events Fund is contributing $40 million and in doing so, Premier Malinauskas has linked his government with a regime with a notorious human rights record. 

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  • ECONOMICS

    In finance, story matters most

    • David James
    • 16 November 2022
    1 Comment

    Financial markets are made up of human beings and human beings have always been storytellers — long before science, or modern finance, or accounting even existed. Accordingly, the main skill of successful analysts, advisers, financial gurus and commentators is the construction of compelling narratives. They are, if not exactly creators of fairy stories, not too far removed from it. 

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  • AUSTRALIA

    Matters of interest

    • David Halliday
    • 14 November 2022

    How much financial strain can a system tolerate? With families simultaneously staring down the four horsemen of wage stagnation, higher prices of goods, higher bills, and higher mortgage repayments, something’s got to give.

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  • ECONOMICS

    Managestocracy

    • David James
    • 28 October 2022

    Who wields the most power in the world? If one follows the money trail, it becomes clear that Western societies have become ruled by a new type of aristocracy: a management aristocracy. 

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  • ECONOMICS

    Real world problems can’t be solved by finance fictions

    • David James
    • 18 October 2022
    3 Comments

    The world is facing cross-currents: a collapsing financial system that is balanced by the benefits of massive, long term improvements in production efficiencies, mainly because of technological advances. It is a bad news/good news story that can only be seen accurately if the intractable errors of contemporary economics are jettisoned. We are in a battle between finance fictions and reality. 

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  • ECONOMICS

    Blowback to Russia sanctions in Europe as gas crisis looms

    • David James
    • 03 October 2022
    5 Comments

    For Europe, especially Germany, there should be enough gas in storage to limp through winter but by next spring there may be severe trouble. The leaders of Europe and the United States expected that they would win the economic war against Russia and force the invader to withdraw. Not only did that not happen, it is likely to lead to severe unintended economic consequences.

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  • ARTS AND CULTURE

    Stray thoughts: Striving for solemnity

    • Andrew Hamilton
    • 03 October 2022

    In the last few weeks, we have been drowned, smothered or mired in words that have striven for solemnity. Such occasions as the death of Queen Elizabeth II and the various Grand Finals are held to transcend the everyday and so to demand elegiac or epic words. It is easy to laugh at the manifest failures to reach those heights, whether by Poets Laureate who should have known better, or by excitable journalists. There is, however, something endearingly human in the attempt.

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