Opinion

Fog of War Clouds India’s Stocks Rally

Military posturing has revived animal spirits. Cooler heads will suggest the gains are unlikely to last. Anjani Trivedi Bloomberg It’s amazing what a bit of chest-beating and military posturing can do. India’s war of words with and air strikes on Pakistan have reinvigorated the re-election campaign of Prime Minister Narendra Modi. Opinion polls (if you believe them) are predicting a bigger margin of victory for Modi’s National Democratic Alliance than they were two months ago. A creeping skepticism that had ... Read More »

The sudden shift that should have all of us worried about the global economy

The markets’ responses to the latest US Federal Reserve Board’s interest rate and balance sheet decisions were telling. Stephen Bartholomeusz Brisbane Times The immediate reaction of the share market was to mark stocks up, before a more considered assessment sent them back down. Bond rates eased and the US dollar slid against its major trading partners’ currencies. The nature of the Fed’s announcements – a majority of the members of its Open Market Committee expect no rate increases this year and the Fed ... Read More »

Harmony in Australia Means Stop Racist Dog-Whistling

Long History of Politicians Stoking Fears Over Refugees Elaine Pearson HRW Today is the International Day for the Elimination of Racial Discrimination, known in Australia as Harmony Day. It’s especially relevant given last Friday’s attack in Christchurch, New Zealand, where an Australian right-wing extremist gunned down at least 50 people and wounded dozens more in two mosques. The attacker livestreamed the shootings and… New Zealand’s prime minister, Jacinda Ardern, has shown leadership with compassion and… Harmony in Australia… Read More »

Big gods came after the rise of civilisations, not before, finds study using huge historical database

When you think of religion, you probably think of a god who rewards the good and punishes the wicked. Authors: The Conversation But the idea of morally concerned gods is by no means universal. Social scientists have long known that small-scale traditional societies – the kind missionaries used to dismiss as “pagan” – envisaged a spirit world that cared little about the… Their concern was less about whether humans behaved nicely towards one another and more about whether they carried ... Read More »

Walking Is About More Than 10,000 Steps – Here’s How It Can Change Your Life

Got a pair of shoes that don’t rub? You’re ready. Rachel Moss HuffPost It’s something many of us take for granted, but the simple act of walking has the power to transform both our physical and mental health. The cheapest form of exercise you’ll find, walking doesn’t require specialist boots, trainers or fitness clothing. If you’ve got a pair of shoes that don’t rub, you’re ready. Still need a little convincing? Read on to find out more about the proven benefits of putting ... Read More »

The Guardian view on the Brexit crisis: take back control by giving it up

The prime minister will only a get a grip on the Brexit crisis by learning to loosen hers on the terms of departure from the EU Editorial The Guardian Almost two years after Theresa May triggered article 50 it is still unclear when, in what form and how Brexit will occur – even to the prime minister. Any country invoking the Lisbon treaty’s clause of departure leaves the European Union after two years. It is a mark of failure that Mrs May ... Read More »

“Dear Prime Minister …”: An Open Letter to Jacinda Ardern

Dear Prime Minister Ardern, I am a 13-year-old Muslim girl from Australia and I would like to publicly share my appreciation with you. Summer Joyan ABC I belong to the generation that was born after 11 September 2001. I have never really contemplated how dark the anti-Muslim and anti-immigrant language is that permeates Australian society, because it is all I have ever known. I guess I’ve become used to hearing political leaders use that same language. But then, after seeing ... Read More »

Recep Tayyip Erdogan: The New Zealand killer and the Islamic State are cut from the same cloth

Fifty innocent people lost their lives in last week’s terrorist attacks in Christchurch, New Zealand. By Recep Tayyip Erdogan The Washington Post March 19 Recep Tayyip Erdogan is president of Turkey. Dozens of other Muslims, who had gathered at local mosques to perform the Friday prayer, survived the assault with injuries. There were many historical references on the murder weapons and in a manifesto that the suspected terrorist published online. The number of times he mentioned both Turkey and myself was both curious and worth ... Read More »

Stagnant Capitalism

A decade after the 2008 financial crisis, faith in markets’ self-regulating abilities once again lies in tatters. Yanis Varoufakis Project Syndicate There simply is no single real interest rate that would spur investors to funnel all existing savings into productive investments, and employers to hire all who wish to work at the prevailing wage. ATHENS – When the Great Depression followed the 1929 stock-market crash, almost everyone acknowledged that capitalism was unstable, unreliable, and prone to stagnation. In the decades ... Read More »

A letter to our leaders: as Australian Muslims we live in fear, please remember our pain

How is it right that in our parliament it is OK to call Islam a ‘disease’, it is OK to refer to a ‘final solution’, it is OK to ridicule our religious attire? Anonymous The Guardian Dear Mr Morrison and Mr Shorten, I am an Australian Muslim woman. I am highly educated and hold a professional job. In fact, I spend a great deal of my working life with the Australian legal system. I am a wife. I am a ... Read More »

Christchurch shootings, and the power that comes from denying killers their ‘fame’

You’re asking yourself why. Of course you are, it’s a normal and a human reaction. Especially when the images roll and blur and the numbers flash and the horror is beyond imagining. How could someone do this? Why would they? Glynn Greensmith WAtoday You scour websites, refresh social media, and flick the radio dial to try and find the latest news. How many people? What do we know? It’s completely understandable, and it’s why news outlets across Australia right now ... Read More »

Jews are unsafe in Turkey and should leave now

Turkey’s mercurial leader Recep Tayyip Erdogan took his diplomatic spat with Israeli Prime Minister Benjamin Netanyahu to a new level on Wednesday when he implicitly threatened the well-being of Turkey’s already dwindling Jewish community. Michael Rubin Washington Examiner “Do not provoke,” Erdogan said, before noting that he had not yet taken any action against Turkish Jews or their houses of worship. This is, of course, not the first Turkish government threat against its Jewish community. A decade ago, then-Foreign Minister ... Read More »

The Psychology Of Getting Julian Assange, Part 4: Why Even Some Lefties Want To See Him Hang

Convinced Julian Assange handed Trump the election? Certain he raped two women in Sweden? Want to see him rot in jail? The fourth in a five-part series by clinical psychologist Dr Lissa Johnson explains the science behind smear and propaganda, and how and why it works. New Matilda On Sunday March 3rd and 10th, hundreds attended rallies organised by the Socialist Equality Party of Australia in Sydney and Melbourne, demanding that the Australian government secure freedom for Julian Assange. Acclaimed journalist and film-maker John Pilger spoke at the Sydney rally ... Read More »

The Fed Should Buy Recession Insurance

If the United States falls into recession in the next year or two, the US Federal Reserve may have very little room to loosen policy, yet it is not taking any steps to cover that risk. J. Bradford DeLong Project Syndicate Unless the Fed rectifies this soon, the US – and the world – may well face much bigger problems later. BERKELEY – The next global downturn may still be a little way off. The chances that the North Atlantic ... Read More »

Picking Up the Pieces After Hanoi

The collapse of last month’s summit between US President Donald Trump and North Korean leader Kim Jong-un was perhaps the inevitable result of a process in which the two leaders dominated, optimistic about their personal relationship and confident in their abilities. Richard N. Haass Project Syndicate The question is what to do now. NEW YORK – When last month’s summit between US President Donald Trump and North Korean leader Kim Jong-un ended without a deal, the result was not surprising. ... Read More »

Australia has a long history of protests. Our rights should be better protected

We also have a history of governments trying to suppress protest. It’s time this changed Hugh de Kretser The Guardian The deputy prime minister recently told school students they should be in school “learning about Australian history” instead of joining the global student strike for climate action on Friday. Half of what he said was good advice. For if the students researched Australia’s protest history, they would learn that protest has been critical to so many social advances that we often now ... Read More »