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Keywords: Fina

  • ECONOMICS

    Dawn of the multipolar world: A new order in global finance?

    • David James
    • 13 June 2023
    1 Comment

    From Moscow to Beijing, a change in global finance looms, set to challenge the long-standing economic hegemony. This imminent shift could redefine global power structures, disrupt currency markets and international trade. Amidst this uncertainty, one thing is clear: the game of geopolitical chess is no longer played on a Western-centric board.

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  • ARTS AND CULTURE

    Cruise

    • Geoff Page
    • 08 June 2023
    1 Comment

    We pass North Head, that place of isolation, unspoiled silence still where campfire smoke would once have greeted / Arthur Phillip with his claim. We’re on our second drink by now / and some among us pause, imagining a Gadigal / imagining that we’re / the first ship of some Final Fleet / returning whence it came.

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  • RELIGION

    Behind the bold discussions of the German Synod

    • Susan Sullivan
    • 25 May 2023
    4 Comments

    In the final German Synodal Way assembly, the Church addressed difficult issues, openly discussing obligatory celibacy and blessing same-sex couples and divorced Catholics. The assembly pushed for Church teachings to adapt to individual congregations' realities, but how this approach will affect the global Church is unclear.

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  • ECONOMICS

    When transactions mask reality

    • David James
    • 01 May 2023

    As the economy becomes more focused on monetary exchange, we overlook underlying realities that are hidden from plain sight. Largely invisible aspects of our economic life such as transactionalisation and industrial efficiency are transforming our society and can shape our future in unexpected ways. So what does this mean for the future of capitalism and our society?

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  • ECONOMICS

    The debt crisis we all saw coming

    • David James
    • 03 April 2023

    As the collapse of Silicon Valley Bank, Signature Bank, and Credit Suisse poses a renewed threat to the global financial system, the question arises: how can we manage out-of-control debt? With global debt exceeding 230 per cent of GDP, could nationalising banks be the solution to the ongoing crisis, or will the debt merry-go-round continue to spin out of control?

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  • 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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