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The best and worst of 2022 at FET. Many great posts you might have missed, and some recent podcast interviews.
I was rather intrigued by the understanding of The Western Traffic Commissioner’s decision not to fine Stagecoach South West for their utter incompetence in running a bus service. He says (and I’m quoting directly): Without having made a decision, I remarked to the operator that this appeared not to be a case where a formal... Read more
As we bolt the door on 2022, we look back at the year: one month, one hilarious Mark David cartoon at a time. read now...THE 2022 Support-a-Family Christmas Appeal has come to an end and Nicole Hayes from Lifeline North Coast, Leon Walsh and Phil Hartmann from St Vincent de Paul Society, Jose Porcia from The Salvation Army and Matt Harris and Mandy Dawkins from Lifehouse Care would like to extend a heartfelt ‘Thank You’ to the community of...
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SAWTELL Super Fun Day is one of those events that promises something for everyone and according to Keith Bensley, Organising Committee Chairperson, 2023 is no exception. It’s an early start, with the Fun Run kicking off the annual Fun Day. Advertise with News of The Area today. It’s worth it for your business. Message us....
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TWO projects receiving funding from the Newcastle Permanent Charitable Foundation (NPCF) will benefit the Mid North Coast community, including people on the Coffs Coast. The batyr program, which aims to normalise help-seeking to improve health and social outcomes for 700-plus youth across Mid North Coast communities, receives $49,000 and Epilepsy Action Australia’s Youth Peer Support...
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THE Mums and Bubs tennis program at Woolgoolga Tennis Club is one of 24 tennis clubs, associations and councils across NSW to share in more than $347,000 in round three of the NSW ATP Cup Tennis Legacy Fund. Member for Coffs Harbour Gurmesh Singh swung by the club on Wednesday 7 December to celebrate the...
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A COFFS Harbour man can’t wait to reunite with his children living overseas after scoring $200,000 in a recent Lucky Lotteries Mega Jackpot draw. The North Coast resident won the guaranteed 1st Prize in Lucky Lotteries Mega Jackpot draw 1600 on Thursday 14 December 2022. Advertise with News of The Area today. It’s worth it...
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When The Muppet Christmas Carol premiered 30 years ago in 1992, there were fears it...
Chomsky: Advanced US Weaponry in Ukraine Is Sustaining Battlefield Stalemate Noam Chomsky Interviewed by C.J. Polychroniou December 22, 2022. Truthout. It’s now more than 300 days since Russia’s invasion of Ukraine, and the conflict has intensified rather than subsided, with Ukrainian leaders expressing fears of impending mass infantry attacks from Russia and U.S. Secretary of State Antony […]
Contemporary American Buddhism has a problem, although, thankfully, unlike Christianity it has little to do...
Like I've been saying. As a result of the policy of sanctions, asset freezes, and price caps, era of the free market, free trade and free flow of capital as the basis of global trade is over.For 70 years after World War II, global growth was underpinned by ongoing efforts to boost international trade by eliminating self-defeating trade barriers. Sadly, the United States started dismantling this source of shared prosperity under Donald Trump, and it has now accelerated the process under Joe Biden.
Reason? Lack of systems awareness leading to failure to accurately assess consequences of action. Likely caused by faulty reasoning resulting from cognitive-affective bias and informal fallacies. ("Believing your own bullshit.")
. In April 1945 thousands of concentration camp survivors arrived at the harbour of the town where yours truly lives, Malmö, Sweden. When taking my daily walk with the dog, I often go by the Jewish cemetery in the northern part of Sankt Pauli kyrkogård. And it breaks my heart every time to see tombstone […]
The Bank of Japan surprised people with a change to its yield curve control (YCC) policy. This has caused a mild sell-off in Japanese bonds, with the 10-year Japanese Government Bond (JGB) yield up 15 basis points on the month when I last checked.
Although I think some of the usual suspects have tried to get excited about this — a harbinger of doom to Japan and/or the global fixed income complex! — this is still in nothingburger territory. (Note: people who discuss bond yield changes as a percentage of previous yields — e.g., “bond yields rose by 100%!” when the yields go to 0.2% from 0.1% — are innumerate clowns and are safe to ignore.) Nevertheless, if the yield cap was raised by a lot more, there would be a lot of wailing and gnashing of teeth.