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Created
Fri, 17/03/2023 - 05:55

CREATIVITY thrives in regional areas, and here in the Coffs Harbour region we see the evidence all around us with a flourishing cultural and arts scene that stamps the Coffs Coast as an exciting and growing creative hub. Local performing arts in particular resound with a vibrant energy and sense of determination that fosters a...

The post Theatre groups and ensemble players say “Let us entertain you” appeared first on News Of The Area.

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Fri, 17/03/2023 - 05:52

KORORA VIEW Club hosted 30 members and guests at Sawtell RSL Club on March 7 to celebrate International Women’s Day (IWD). This year’s theme for IWD was ‘Embrace Equity’ with the aim to raise awareness about gender bias and to promote inclusivity, diversity and equality. Advertise with News of The Area today. It’s worth it...

The post Korora VIEW Club promotes inclusivity, diversity and equality as it celebrates International Women’s Day appeared first on News Of The Area.

Created
Fri, 17/03/2023 - 05:00
Josh Marshall has a story that will make you want to throw something it’s so infuriating. You can read it here. He did a brief twitter threat with the basic outline: Rarely do I stumble upon something quite so gross and stupid as this. So if you’ll indulge me for a brief thread, I’d appreciate it. Over the last couple days there’s a claim making the rounds in right wing media that Silicon Valley Bank went under in part because it gave more than $73 million to “BLM”. So they were so focused on woke culture they forget to run the bank, etc. Even if the claim about why the bank went under was silly I couldn’t believe that even a medium sized bank could have possibly given that sum of money. A little poking around quickly led me to newly published database put out by the Trumpist think tank Claremont Institute. It probably won’t surprise you that of course SVB didn’t donate $73 million to “BLM”. But that only scratches the surface of this hideous little bundle of racist garbage.
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Fri, 17/03/2023 - 04:59
There are few who think as clearly, who are as articulate, and who are prepared to speak out in the face of incredible stupidity in Australian politics as Paul Keating. And, as he made clear in his address to the press club this week, AUKUS is nothing if not an exercise in security policy stupidity. Continue reading »
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Fri, 17/03/2023 - 04:58
I am an Australian-born person of Chinese ancestry and have been disturbed by the alarmist fearmongering and drive to war with China from the media and the government. While I have been a faithful public servant and model citizen for many years, once again I am sadly returned to my childhood traumas and anxieties about Continue reading »
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Fri, 17/03/2023 - 04:55
When a severe political cancer returns after a period of remission, we have a recurrence. In serious cases, cells from the original cancer regrow and spread virulently. One of America’s best-known commentators, Fareed Zakaria, recently compared the current grave dysfunctionality and panic-driven decision making in Washington to the worst of the McCarthy era in the Continue reading »
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Fri, 17/03/2023 - 04:54
A couple of decades ago the phrase international best practice seemed to be on the lips of just about every business leader, business and economics journalists and the odd politician. In fact, much of it was a justification for various overseas study tours and traditional employer attempts to reduce wages and worsen working conditions. It Continue reading »
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Fri, 17/03/2023 - 04:53
This week, the House Select Committee on Workforce Australia Employment Services held one of its public hearings. During the opening remarks, the Committee chair, Julian Hill remarked that he had asked the Department of Employment what a good service model looks like, and they couldn’t answer. He said they looked like a bunch of “well-paid, Continue reading »
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Fri, 17/03/2023 - 04:53

 In this article, I am going to give a basic introduction to insolvency (bankruptcy), as well as a discussion of the principles of how losses are apportioned to the various classes of creditors of American banks. I will only attempt to look at American banks since bankruptcy procedures are specific to each legal jurisdiction. Although I was not a credit analyst, I worked with them and had some training on the topic. The article “U.S. Corporate and Bank Insolvency Regimes: An Economic Comparison and Evaluation” by Robert R. Bliss and George G. Kaufman (URL: https://www.chicagofed.org/-/media/publications/working-papers/2006/wp2006-01-pdf.pdf) covers this topic, and I will use it to justify some assertions about the procedures. I will then discuss some of the issues of the resolution of Silicon Valley Bank, which is underway at the time of writing....

Bond Economics
Primer: American Bank Insolvency Losses
Brian Romanchuk
Created
Fri, 17/03/2023 - 04:49
There’s something irrational about President Biden’s knee-jerk dismissal of China’s 12-point peace proposal titled “China’s Position on the Political Settlement of the Ukraine Crisis” “Not rational” is how Biden  described the plan that calls for de-escalation toward a ceasefire, respect for national sovereignty, establishment of humanitarian corridors and resumption of peace talks. “Dialogue and negotiation Continue reading »
Created
Fri, 17/03/2023 - 04:00

I used to be like everyone else, hunched over a tiny screen, watching seventeen-year-olds give each other psychiatric diagnoses on TikTok. Then I misplaced my smartphone after the doorbell rang while I was playing Wordle on the toilet. Now I’m a mindfulness expert.

It all started forty-five minutes ago. Normally I would drink my morning coffee while hate-scrolling through Facebook to see which multilevel marketing scheme my high school nemesis is into now. Today, I chose to savor my beverage in the present moment. It was revelatory. The Trader Joe’s oat milk is way grittier than the Whole Foods brand. Also, two scoops of collagen powder is too much collagen powder. You can really taste the hoof.

Created
Fri, 17/03/2023 - 03:30
That was this morning, not 2020.. It’s been well documented that Hydroxychloraquine is useless against COVID, Ivermectin as well. There was just another study on the latter a couple of weeks ago. And then there’s this: Just before 7 am on March 3, Danny Lemoi posted an update in his hugely popular pro-ivermectin Telegram group, Dirt Road Discussions: “HAPPY FRIDAY ALL YOU POISONOUS HORSE PASTE EATING SURVIVORS !!!” Hours later, Lemoi was dead. For the last decade, Lemoi had taken a daily dose of veterinary ivermectin, a dewormer designed to be used on large animals like horses and cows. In 2021, as ivermectin became a popular alternative COVID-19 treatment among anti-vaxxers, he launched what became one of the largest Telegram channels dedicated to promoting the use of it, including instructions on how to administer ivermectin to children.
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Fri, 17/03/2023 - 02:57

Discrimination against Palestinians at George Washington University is an institutional problem deeply rooted in the administration and powerful entities that support it.

The post Title VI Complaint Filed Against George Washington University Over “Hostile Environment of Anti-Palestinian Racism” appeared first on MintPress News.

Created
Fri, 17/03/2023 - 02:40
Mike Clarke, the Director of the Cochrane Centre in the UK, for example, states on the Centre’s Web site: ‘In a randomized trial, the only difference between the two groups being compared is that of most interest: the intervention under investigation’. This seems clearly to constitute a categorical assertion that by randomizing, all other factors […]
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Fri, 17/03/2023 - 01:44
The Al Jazeera ‘Labour Files’ documentary series exposed afresh the rampant racism and war on democracy of the Labour right, both to sabotage the leadership of Jeremy Corbyn and to purge the left from the party under Keir Starmer. Now a new episode sees Martin Forde – the barrister Starmer reluctantly commissioned to investigate the […]