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Economy

The 'Lucky Country' Marks Record 21st Straight Year Of Growth

AUSTRALIAN FINANCIAL REVIEW, SYDNEY MORNING HERALD, AAP (Australia)

Worldcrunch

SYDNEY – It's not called the "Lucky Country" for nothing. Australia’s resource-rich economy continued to expand last quarter, extending the country’s run of 21 years of uninterrupted growth.

Fourth-quarter GDP grew by 0.6% from the previous quarter, and 3.1% from a year earlier according to the Australian Bureau of Statistics.

Growth was boosted by a 3.3% jump in exports of goods and services, says the Australian Financial Review, and notably rises in coal and iron ore exports.

The mining boom continues to power the economy, says the Australian Financial Review. Exports and engineering construction – both assisted by the resources boom contributed to the GDP increase in the last quarter. At least one non-mining sector also contributed to Australia’s growth: the construction industry.

Federal Treasurer Wayne Swan said the numbers reflected Australia’s resilience, with its growth “far outstripping every major advanced economy and the vast bulk of the developed world,” reports the Sydney Morning Herald.

Director of Deloitte Access Economics, Chris Richardson said July marks 21 years since Australia’s last recession. “As far as the statistics can tell us, that is a record for any nation at any time,” he told a conference on Wednesday, according to the AAP.

“Australia is expected to be in the next decade exactly where we were in the last decade – the fastest-growing rich nation in the world,” he said.

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Sydney Harbour. Photo edwin.11

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Society

Violence Against Women, The Patriarchy And Responsibility Of The Good Men Too

The femicide of Giulia Cecchettin has shaken Italy, and beyond. Argentine journalist Ignacio Pereyra looks at what lies behind femicides and why all men must take more responsibility.

photo of a young man holding a sign: Filippo isn't a monster, he's the healthy son of the patriarchy

A protester's sign referring to the alleged killer reads: Filippo isn't a monster, he's the healthy son of the patriarchy

Matteo Nardone/Pacific Press via ZUMA Press
Ignacio Pereyra

Updated Dec. 3, 2023 at 10:40 p.m.

-Essay-

ATHENS — Are you going to write about what happened in Italy?, Irene, my partner, asks me. I have no idea what she's talking about. She tells me: a case of femicide has shaken the country and has been causing a stir for two weeks.

As if the fact in itself were not enough, I ask what is different about this murder compared to the other 105 women murdered this year in Italy (or those that happen every day around the world).

For the latest news & views from every corner of the world, Worldcrunch Today is the only truly international newsletter. Sign up here.

We are talking about a country where the expression "fai l'uomo" (be a man) abounds, with a society so prone to drama and tragedy and so fond of crime stories as few others, where the expression "crime of passion" is still mistakenly overused.

In this context, the sister of the victim reacted in an unexpected way for a country where femicide is not a crime recognized in the penal code, contrary to what happens, for example, in almost all of Latin America.

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