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Created
Fri, 17/03/2023 - 08:41
Up to 10% of branches have passed votes of no confidence in general secretary in last few days as outrage builds over ‘undemocratic’ ‘informal ballot’ Members of the University and College Union (UCU) will mount a demonstration outside the London headquarters of their own union tomorrow, in anger at what they term the ‘sell-out’ of […]
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Fri, 17/03/2023 - 08:13

Economist Michael Hudson analyzes the collapse of Silicon Valley Bank, Silvergate, and Signature Bank, explaining the similarities to the 2008 financial crash. In this discussion with Geopolitical Economy Report editor Ben Norton, Hudson also addresses the US government bailout (which it isn’t calling a bailout), the role of the Federal Reserve and Treasury, the factor Continue Reading

The post Bond Market Play Reveals Systemic Crisis first appeared on Michael Hudson.
Created
Fri, 17/03/2023 - 08:00
The knives are out and it’s getting ugly. And it’s not just coming from Trump: At any given fundraiser or VIP room where he’s present, Ron DeSantis is usually easy to find—in the corner, keeping to himself. Despite having a job that entails exchanging small talk and pleasantries on a daily basis, the Florida governor tends to brush off those obligations and struggles with basic social skills, according to a source close to DeSantis, several of his former staffers, and other GOP operatives who have worked with him and his team. As DeSantis gears up for a potential White House run in 2024, his aloof public persona is being thought of by his rivals—namely, former President Donald Trump—as his Achilles heel in the retail politics-heavy early primary states. And even though he hasn’t announced a bid yet, DeSantis’ apparent desire to test the waters of a presidential campaign—while barely dipping a toe into the aspects he recoils from—is already being put to the test.
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Fri, 17/03/2023 - 07:25

RADHIKA DESAI: Hi everyone. Welcome to the fifth Geopolitical Economy Hour, the fortnightly show about the political and geopolitical economy of our times. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: So this is our third and final show on the theme of de-dollarization, based on our work, particularly on Geopolitical Economy Continue Reading

The post Dollar Diplomacy Down first appeared on Michael Hudson.
Created
Fri, 17/03/2023 - 06:38

ARMED with water skills gained in their school sport surfing sessions, three Woolgoolga High students saved a young woman struggling in a rip on Wednesday 1 March. Year 8 and Year 9 students Koby Kudrins, Jack Hayes and Finn Casper successfully rescued the woman from the surf at Woolgoolga Back Beach. Advertise with News of...

The post Woopi High School students rescue drowning woman appeared first on News Of The Area.

Created
Fri, 17/03/2023 - 06:37
Labour leader’s managed follower numbers raise suspicions and complaints Keir Starmer’s Twitter account has been reported to the social media platform because of the massive number of fake identities following it. Starmer’s account has for years shown clear signs of managed followers numbers, with an already-high high number of fake accounts growing further as every […]
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Fri, 17/03/2023 - 06:30
That’s some obscure right wing influencer but I think his comment is a good example of the incoherence of the current wingnut worldview. In an earlier tweet he says this: It’s possible that he’s agitating for war with Mexico. That’s a growing desire on the right: Yes, she says “cartels” but even Desantis says that we need to withdraw support for Ukraine because we need our weapons for the border. I don’t know how else you can interpret what these people are saying. Let’s face it, they don’t want any part of defending against Russian aggression because Russia is a white, anti-gay, Christian nationalist authoritarian state — their dream. But that doesn’t make them anti-war. They are violent people who want to wage war against non-white people only. And they are itching to wage war, whether it’s against China or Mexico or right here at home. People like Marjorie Taylor Green or Donald Trump are not pacifists, fergawdsakes. I mean, come on… As for training American schoolkids in the classroom to handle semi-automatic weapons, I would guess that’s on the agenda too.
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Fri, 17/03/2023 - 06:10

TERRYWHITE Chemmart recently celebrated the national winners of their HEART Awards for the past year at a gala event held on the Gold Coast. The TerryWhite Chemmart HEART Awards recognises excellence in health, customer engagement, service, and leadership. Advertise with News of The Area today. It’s worth it for your business. Message us. Phone us...

The post TerryWhite Chemmart Coffs Harbour receives national accolade appeared first on News Of The Area.

Created
Fri, 17/03/2023 - 06:03

A FUSION of West Bengal beats and Himalayan folk music describes the genre of The Three Seas band who will be performing at Bellingen Showground on Saturday 1 April on their 2023 tour of Australia. Event Organisers Ahva and Lauren from UMBL Music told News Of The Area, “It’s just so fantastic we get to...

The post The Three Seas tour swings by Bellingen appeared first on News Of The Area.

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.

Created
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.
Created
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 »
Created
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 »
Created
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 »
Created
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 »