The China Threat

Australia must remain careful with China. Here's your daily news digest for 15 March 2023.

The China Threat
Photo by Nuno Alberto / Unsplash
China’s Petroyuan Stunts - The American Conservative
The dollar has ruled the roost since 1944 and, brother, it is not going anywhere.

Australia

ADF Disaster Response May Be Impacting Recruitment
Senior defence officials concede the increased assistance of Australian Defence Force (ADF) personnel during natural disasters may be…
After a dramatic resignation, Jacinta Price says the NT Country Liberal Party is united against the Voice
The Northern Territory senator has denied her party is fractured over the upcoming referendum on an Indigenous Voice to Parliament, despite conflicting positions held by the rank-and-file, parliamentary party and outgoing president.
Australia’s Future with Tony Abbott: AUKUS Subs Good For Australia
Tony Abbott argues that the new US submarine deal is good for Australia’s national security, but much more still needs to be done to ensure is adequately prepared for the challenges ahead.

International

Black gold fuelled the Iraq War
America still can’t answer the oil crisis
Indian Democracy Falters on Dark Path of Hindu Nationalism - The American Spectator | USA News and PoliticsThe American Spectator | USA News and Politics
When Americans think of religious persecution, they typically think of communist and Islamist regimes — China and Saudi Arabia, for instance. However, one of the most intolerant societies is India, which is hailed as the world’s most populous democracy and…
China’s Petroyuan Stunts - The American Conservative
The dollar has ruled the roost since 1944 and, brother, it is not going anywhere.

Business, Finance & Investment

Bankruptcies Soar Across EU, As Companies Hit Wall At Fastest Rate Since Records Began In 2015
Legions of European companies are succumbing to the final straw of Europe’s largely self-inflicted energy crisis…
The Phillips Curve Is an Economic Fable | Frank Shostak
Keynesians and other economists believe the central bank can influence economic growth via monetary policy but that it may bring inflation. Thus, if the goal is faster economic growth and lower unemployment, then the economy may pay the price with a higher inflation rate.
Customers line up outside First Republic Bank to take their money out
On Saturday, dozens of customers were shown lining up outside of a First Republic Bank in southern California, eager to withdraw their funds in the wake of the collapse of SVB this week.

Culture

Brainwashing Versus Critical Thinking in Japan ⋆ Brownstone Institute
The majority in all age groups in Japan got caught up in the panic generated by government officials, mainstream news media, and the medical community.
‘The Office’ Star Calls Out Hollywood for ‘Anti-Christian Bias’ After New Hit Show Makes It Sickeningly Clear
Finally.
Interfering in Elections?
Israel uses high-technology to influence results

Crypto & Blockchain

Bitcoin Whales Move $865,000,000 in BTC As Markets Fly – Here’s Where the Crypto Is Now - The Daily Hodl
Some of the biggest Bitcoin whales in existence are moving around hundreds of millions of dollars worth of BTC as crypto markets rally to start the week.
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Meta winds down support for NFTs on Instagram and Facebook
Meta’s head of commerce and financial tech posted on Twitter that the company will sunset its NFT and digital collectibles features on Instagram/Facebook.

Postscript

Charted: The Global Plastic Waste Trade
Which countries are responsible for exporting the world’s plastic waste? This graphic shows the flow of global plastic waste through exports and imports.

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