Society

Banks Pull Back From Funding French Politics

The money has always followed the power in French politics, as the party in office has built-in advantages for financing campaigns. Gregory Viscusi Bloomberg Now, that gap is widening, with banks becoming more reluctant to make up the shortfall. As he prepares for European Parliament elections in May, President Emmanuel Macron has a two-part edge: free airtime from a series of public debates and enough money to fund his party’s activities. Cash-strapped rivals are begging for donations and relying on ... 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 »

How European ideas motivated Christchurch killer

The self-described ‘fascist’ may have picked up ideas during a trip to France in 2017. Europe can’t turn a blind eye to the Christchurch killings. By NICHOLAS VINOCUR Politico Even though the attack happened on the other side of the world, the man who carried it out declared that he started his planning after a trip to France — inspired by ideas that have filtered into right-wing discourse across the European Union. The links were on display in a 73-page manifesto ... Read More »

Total Debt Worldwide Hits US$240 Trillion, And The Bank Of Canada Is Worried

“Whether you’re a homeowner or a business person … high leverage can leave you in a vulnerable financial position.” Andy Blatchford Canadian Press HuffPost OTTAWA — The Bank of Canada’s senior deputy governor says an explosion of global debt over the last decade is a top concern that she argues is holding back economic growth and creating vulnerabilities in the world’s financial system. The global financial system is in better shape than it was in 2007 before the financial crisis, ... 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 »

Bosnia accuses Croatian spy services of arming Islamists

Authorities in Bosnia and Herzegovina have accused the government of Croatia of deliberately arming militant Islamists in order to damage Bosnia’s reputation and sabotage its campaign to join the European Union. Joseph Fitsanakis IntelNews The claims were aired by a Bosnian government minister on Thursday, a day after allegations of a weapons-smuggling plot by Croatia were made in the Bosnian media. On Wednesday, Zurnal, a Bosnian investigative website, alleged that the Croatian intelligence services had recruited a Bosnian national and ... 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 Darkest Hours: Power Outages Raise the Temperature in Venezuela

The crippling blackouts across Venezuela are a grim portent of things to come as U.S. oil sanctions kick in and the country’s crisis deepens. Phil Gunson ICG All concerned to end Venezuelans’ suffering should vigorously pursue a negotiated transition leading to a power-sharing deal. On Thursday 7 March, at around five in the afternoon, the lights went out in Venezuela. Within a couple of hours, as the tropical night descended, around 90 per cent of the country was plunged into ... Read More »

Russia’s Next Land Grab Won’t Be in an Ex-Soviet State. It Will Be in Europe.

First he came for Georgia, then for Ukraine. Vladimir Putin’s next target is likely to be a non-NATO nation in the EU. By Mikheil Saakashvili FP Not many observers would consider the world’s coldest shipping lane a geopolitical hotspot. But that may be about to change. Last week, reports emerged that a new Kremlin policy will require all international naval ships to give Russia 45 days’ notice before entering the Northern Sea Route, which connects the Atlantic and Pacific Oceans ... 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 »

‘I can’t go to school, I have to save the planet’

Children and teens across Australia are joining a global strike today against leaders’ inaction on climate change. Here’s what they’re saying. School strike 4 climate By Laura Chung and Charlotte Grieve The Sydney Morning Herald A16-year-old Swedish schoolgirl called Greta Thunberg started a global campaign for student action that led to today’s worldwide protests against inaction on climate change. Children and teenagers in Australia have taken to the streets to add their voices to calls for change. As Finnish educator ... Read More »

A Mass Shooting of, and for, the Internet

Before entering a mosque in Christchurch, New Zealand, the site of one of the deadliest mass murders in the country’s history, the accused gunman paused to endorse a YouTube star in a video that appeared to capture the shooting. Kevin Roose The New York Times “Remember, lads, subscribe to PewDiePie,” he said. To an untrained eye, this would have seemed like a bizarre detour. But the people watching the video stream recognized it as something entirely different: a meme. Like ... Read More »

Christchurch Shooting Updates: 40 Are Dead After 2 Mosques Are Hit

Forty people were killed in shootings at two mosques in central Christchurch, New Zealand, on Friday, in a terrorist attack that Prime Minister Jacinda Ardern described as “an extraordinary and unprecedented act of violence.” The New York Times • Officials said that four people were in custody, and that a number of explosive devices were found attached to vehicles that they had stopped. • A Muslim leader in New Zealand said the attack was especially shocking as it took place ... Read More »

‘This is New Zealand’s darkest day’: Prime Minister Jacinda Ardern responds to Christchurch shootings

Prime Minister Scott Morrison has confirmed the man responsible for the horrific New Zealand mass shooting was Australian-born, labelling him an “extremist, right-wing, violent terrorist”. Shannon Molloy, news.com.au Townsville Bulletin Addressing reporters in Sydney, Mr Morrison extended his sympathies to all New Zealand people and “particularly those of Islamic faith”, following the Christchurch attacked that claimed at least 40 lives. “Australia and New Zealand — we’re not just allies, we’re not just partners. We’re family. As family members… we grieve, ... Read More »