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Climate change will hurt globalisation

The world has been feeling the impact of climate change. Australia’s east coast is recovering from last weekend’s wild winds, waves and flooding, caused by a weather pattern known as an east coast low. Climate change didn’t exactly cause the storms but no-one can say it didn’t have an influence. For example, what is the impact of…

Why Hillary Clinton should be worried

Donald Trump is closing in on Hillary Clinton. According to the RealClearPolitics poll, Trump has narrowed Clinton’s lead to a single percentage point. Clinton’s lead has shrunk to 3 points in the NBC News/Wall Street Journal survey http://www.nbcnews.com/meet-the-press/clinton-s-lead-over-trump-shrinks-3-points-new-nbc-n577726 and Trump is up by two points in the ABC News/Washington Post poll http://www.langerresearch.com/wp-content/uploads/1177a1ClintonTrump.pdf And the latest poll…

Australia goes the full Stasi: AFP raids on the NBN

(picture: David Rowe AFR) The Turnbull government has turned Australia into a police state with the National Broadband Network raiding the office of former Labor Minister for Communications Stephen Conroy. The raids were in relation to leaked documents given to The Sydney Morning Herald, The Australian Financial Review, The Australian, the ABC and Delimiter detailing cost…

Israel and Saudi Arabia: strange bedfellows?

One of the most fascinating developments in the Middle East is the growing connection between Israel and Saudi Arabia. Strange bedfellows but it makes sense. As reported here, a number of nations, including Saudi Arabia, the Gulf States, and Egypt, are interested in restarting Israeli-Palestinian negotiations based on the Arab Peace Initiative that was endorsed in…

Reasons why Elisabeth Warren won’t be Hillary Clinton’s running mate.

The Boston Globe reports that Clinton will consider putting another woman on the ticket. For sure, there are Democrats who think Hillary Clinton is creating a dream team if she picks Elisabeth Warren as her running mate. They say it would generate energy and attract women, young liberals and older white liberals. She’s also beloved by Democrats on the…

China is preparing for war over the South China Sea

At the beginning of the twentieth century, Germany was exerting its influence as a new and growing political and military power. The result was the First World War. We could be seeing the same thing happening with China now. Beijing is setting itself up to be repeatedly provoked in the South China Sea Tensions are…

Sadiq Khan�s lessons for Labour

The rise of Sadiq Khan, the son of a bus driver and seamstress who grew up on a public housing estate and who has just been elected mayor of London – and who happens to be Muslim – is nothing short of extraordinary. But it might also tell the Labour Party how it could win the next…

Quelle surprise: most of the Greek bailout money went to the banks

So Greece received something like 128 billion Euros in all those bailouts. But a new study by the European School of Management and Technology (ESMT).has found that most of the money went to the banks. “Most of the money was used to actually transfer risks from private creditors to public creditors,” EMST Jorg Rocholl told Deutsche Welle. “This…

Scott Morrison hits Australian farmers

On April 19, cattle-ranch empire S. Kidman & Co., the largest landholder in Australia, agreed to a sale to a mostly Chinese consortium for A$370.7 million (US$289 million). Then, 10 days later on Friday to be precise with an election looming Australian treasurer Scott Morrison blocked the deal, saying that because of the portfolio’s size and significance, its…