1 00:00:00,160 --> 00:00:02,960 Speaker 1: Good morning, everybody. Welcome to the Daily OS. It is Tuesday, 2 00:00:03,000 --> 00:00:05,800 Speaker 1: the fifth of April. My name is Sam Kazlowski. Joining 3 00:00:05,800 --> 00:00:09,440 Speaker 1: me on the podcast this morning is TDA journalist Tom Crowley. Tom, 4 00:00:09,800 --> 00:00:12,440 Speaker 1: you are strapping yourself in for one of the biggest 5 00:00:12,560 --> 00:00:15,680 Speaker 1: six weeks of content I could possibly predict for you. 6 00:00:16,239 --> 00:00:18,520 Speaker 1: We've got a federal election on the horizon, but it's 7 00:00:18,560 --> 00:00:21,279 Speaker 1: actually been the international stories that have taken up a 8 00:00:21,280 --> 00:00:22,800 Speaker 1: lot of your time recently. 9 00:00:22,640 --> 00:00:24,079 Speaker 2: It has, Sam, Yet, it's a good thing that I 10 00:00:24,120 --> 00:00:26,360 Speaker 2: had a nice quiet week with the federal budget last 11 00:00:26,360 --> 00:00:28,560 Speaker 2: week to get me warmed up for the election campaign. 12 00:00:28,600 --> 00:00:30,720 Speaker 2: But now I'm feeling very excited about the amount of 13 00:00:30,720 --> 00:00:32,760 Speaker 2: news that we're going to have coming for TDA readers 14 00:00:32,840 --> 00:00:35,199 Speaker 2: over the next few weeks. A lot of it's going 15 00:00:35,200 --> 00:00:37,919 Speaker 2: to be very much focused on the domestic story here 16 00:00:37,960 --> 00:00:40,320 Speaker 2: at home. So it's good to be talking about what's 17 00:00:40,320 --> 00:00:41,640 Speaker 2: happening els for in the world today. 18 00:00:41,720 --> 00:00:45,200 Speaker 1: And so today we are going to tackle the unfolding 19 00:00:45,320 --> 00:00:48,479 Speaker 1: crisis in Sri Lanka. But before that, Tom, what is 20 00:00:48,520 --> 00:00:49,600 Speaker 1: making headlines this morning? 21 00:00:49,920 --> 00:00:52,880 Speaker 2: Well, Sam to Ukraine, where the Foreign Minister has accused 22 00:00:52,920 --> 00:00:56,080 Speaker 2: Russian forces of being worse than Isis after four hundred 23 00:00:56,080 --> 00:00:58,520 Speaker 2: and ten bodies were found as part of an investigation 24 00:00:58,640 --> 00:01:03,000 Speaker 2: into possible war crime by Russia. UN Secretary General Antonio 25 00:01:03,000 --> 00:01:05,840 Speaker 2: Guterrez said he was deeply shocked by images of dead 26 00:01:05,840 --> 00:01:07,520 Speaker 2: civilians in the town of Booker. 27 00:01:08,080 --> 00:01:12,440 Speaker 1: Meanwhile, in Tasmania and Premier Peter Goodwin has announced his resignation, 28 00:01:12,800 --> 00:01:16,040 Speaker 1: saying I've quite rightly focused on everyone else's family are 29 00:01:16,120 --> 00:01:18,520 Speaker 1: now want to spend some time focusing on my own. 30 00:01:18,840 --> 00:01:20,760 Speaker 1: It was a shock resignation. 31 00:01:20,360 --> 00:01:23,880 Speaker 2: Yesterday to New South Wales and Premier Dominique Perrete has 32 00:01:23,880 --> 00:01:26,520 Speaker 2: announced cash grants of up to twenty thousand dollars for 33 00:01:26,560 --> 00:01:31,000 Speaker 2: flood affected renters, landlords and homeowners. The back Home Grant 34 00:01:31,040 --> 00:01:33,800 Speaker 2: scheme will be available for households that have been declared 35 00:01:33,840 --> 00:01:37,440 Speaker 2: as damaged or destroyed and are unable to claim insurance. 36 00:01:38,440 --> 00:01:43,479 Speaker 1: And today's good news Australian victory at yesterday's Grammys. Rufus 37 00:01:43,480 --> 00:01:46,319 Speaker 1: has won Best Dance and Electronic Recording at the Grammys 38 00:01:46,319 --> 00:01:49,440 Speaker 1: for their single Alive. It is the band's first Grammy 39 00:01:49,480 --> 00:01:51,480 Speaker 1: award and I've checked them out live before. If you 40 00:01:51,480 --> 00:01:55,880 Speaker 1: haven't had the opportunity to, they put on quite a show. 41 00:01:59,280 --> 00:02:02,640 Speaker 1: The shrilank government has imposed a curfew over the weekend 42 00:02:02,680 --> 00:02:06,760 Speaker 1: in response to protests in several cities. The government also 43 00:02:06,840 --> 00:02:10,680 Speaker 1: briefly blocked social media and armed soldiers obstructed a protest 44 00:02:10,800 --> 00:02:14,959 Speaker 1: march in the capital as recently as Sunday. Tom, help 45 00:02:15,040 --> 00:02:17,200 Speaker 1: me understand how he got to this point. What are 46 00:02:17,240 --> 00:02:18,880 Speaker 1: the protests about. 47 00:02:19,120 --> 00:02:21,960 Speaker 2: Sure, sam So, Sri Lanka is in the middle of 48 00:02:22,280 --> 00:02:25,359 Speaker 2: what's being described as the worst economic crisis in its 49 00:02:25,400 --> 00:02:28,880 Speaker 2: history since independence from the UK in nineteen forty eight. 50 00:02:29,360 --> 00:02:32,000 Speaker 2: And so where the crisis has culminated is in a 51 00:02:32,040 --> 00:02:34,920 Speaker 2: shortage of a whole bunch of essentials. Really, there's a 52 00:02:34,919 --> 00:02:37,160 Speaker 2: shortage of food, there's a shortage of fuel, there's a 53 00:02:37,160 --> 00:02:40,240 Speaker 2: shortage of medicines, and the result has been really really 54 00:02:40,280 --> 00:02:43,920 Speaker 2: severe price rises. That's been rolling blackouts throughout Sri Lanka. 55 00:02:44,440 --> 00:02:47,920 Speaker 2: A range of different problems facing the country. But the 56 00:02:47,960 --> 00:02:51,040 Speaker 2: origins kind of go back a little bit further than that. 57 00:02:51,240 --> 00:02:53,920 Speaker 2: It's a crisis that's been building for some time in 58 00:02:53,960 --> 00:02:56,880 Speaker 2: Sri Lanka. And it gets a bit economics. It has 59 00:02:56,919 --> 00:03:00,799 Speaker 2: to do with the lack of foreign currency in Sri Lanka. 60 00:03:00,840 --> 00:03:04,280 Speaker 2: A lack of foreign currency, Okay, so why is that 61 00:03:04,360 --> 00:03:07,560 Speaker 2: making such a dramatic difference to the economy. So there 62 00:03:07,560 --> 00:03:10,520 Speaker 2: are a number of reasons why having foreign currency is 63 00:03:10,639 --> 00:03:13,720 Speaker 2: very important for a country, but especially for a small country. 64 00:03:14,080 --> 00:03:16,080 Speaker 2: And one of the reasons for that is that small 65 00:03:16,080 --> 00:03:18,640 Speaker 2: countries tend to need to import things. They can't be 66 00:03:18,720 --> 00:03:21,000 Speaker 2: self sufficient and they can't produce enough of what they 67 00:03:21,040 --> 00:03:23,520 Speaker 2: need on their own. That's the case for Sri Lanka 68 00:03:23,600 --> 00:03:26,360 Speaker 2: for a number of different things, for example, oil and milk. 69 00:03:26,639 --> 00:03:29,480 Speaker 2: Sri Lanka is very reliant on importing both of those 70 00:03:29,480 --> 00:03:32,880 Speaker 2: things on a number of other essentials, and so foreign 71 00:03:32,919 --> 00:03:35,360 Speaker 2: money coming in that allows them to do that, or rather, 72 00:03:35,440 --> 00:03:37,800 Speaker 2: you know the value of Sri Lankan money alternatively, those 73 00:03:37,840 --> 00:03:40,320 Speaker 2: things are really important to allow Sri Lanka to continue 74 00:03:40,320 --> 00:03:43,160 Speaker 2: to import what it needs. Now, Sri Lanka has a 75 00:03:43,200 --> 00:03:45,960 Speaker 2: number of different exports. Its main export is tea, but 76 00:03:46,000 --> 00:03:49,200 Speaker 2: another major export is tourism, and tourism has dropped off 77 00:03:49,240 --> 00:03:52,600 Speaker 2: significantly in recent years, firstly because of terrorist attacks in 78 00:03:52,640 --> 00:03:55,320 Speaker 2: Sri Lanka over the last few years, but more recently 79 00:03:55,400 --> 00:03:58,080 Speaker 2: because of the pandemic and more recently tea and that 80 00:03:58,200 --> 00:04:00,760 Speaker 2: the exports of tea have also dropped off. So one 81 00:04:00,760 --> 00:04:02,400 Speaker 2: of the major buyers I think one of the top 82 00:04:02,440 --> 00:04:04,800 Speaker 2: three buyers of Sri Lankan tea happens to be Russia. 83 00:04:05,280 --> 00:04:07,960 Speaker 2: So Russian sanctions, which have affected Russia's ability to be 84 00:04:08,000 --> 00:04:10,200 Speaker 2: buying things from the rest of the world, they've hit 85 00:04:10,240 --> 00:04:12,320 Speaker 2: Sri Lanka hard. I guess it's one of the kind 86 00:04:12,360 --> 00:04:15,200 Speaker 2: of ripple effects, if you like, of the sanctions on Russia. 87 00:04:15,280 --> 00:04:17,200 Speaker 2: And so for a number of reasons, Sri Lanka has 88 00:04:17,320 --> 00:04:21,279 Speaker 2: ended up without much foreign currency. That's made it harder 89 00:04:21,279 --> 00:04:23,359 Speaker 2: for it to import things, especially I suppose, as we know, 90 00:04:23,360 --> 00:04:25,160 Speaker 2: at the same time, the oil prices are going up, 91 00:04:25,160 --> 00:04:27,960 Speaker 2: oils getting more expensive, and a number of different food 92 00:04:28,000 --> 00:04:30,640 Speaker 2: items like we've discussed from the podcast to getting more expensive. 93 00:04:31,000 --> 00:04:33,440 Speaker 2: So all of that has contributed to both kind of 94 00:04:33,520 --> 00:04:36,279 Speaker 2: a shortage problem shortage of actually getting these things into 95 00:04:36,360 --> 00:04:38,960 Speaker 2: the country, but also when they get in to really 96 00:04:38,960 --> 00:04:41,279 Speaker 2: really high prices. So that's kind of part of where 97 00:04:41,279 --> 00:04:44,520 Speaker 2: the economic crisis has come. But then the government's response 98 00:04:44,560 --> 00:04:47,599 Speaker 2: to that economic crisis has also kind of made things worse. 99 00:04:47,880 --> 00:04:49,520 Speaker 1: And that's the point I was going to make there 100 00:04:49,680 --> 00:04:52,159 Speaker 1: was that, you know, there's been a number of countries 101 00:04:52,200 --> 00:04:56,880 Speaker 1: around the world who have felt the deep implications of 102 00:04:57,120 --> 00:04:59,960 Speaker 1: a number of economic crises, being everything from the globe 103 00:05:00,160 --> 00:05:04,000 Speaker 1: supply issues that we felt last year to of course 104 00:05:04,240 --> 00:05:08,440 Speaker 1: the current Russian change of dynamics. What is so different 105 00:05:08,440 --> 00:05:10,440 Speaker 1: about the government's handling of this crisis? 106 00:05:10,960 --> 00:05:13,599 Speaker 2: So I guess what I'm describing there is kind of 107 00:05:13,880 --> 00:05:17,680 Speaker 2: a currency crisis. The government's response has kind of added 108 00:05:17,800 --> 00:05:20,760 Speaker 2: a government debt crisis on top of that. So the 109 00:05:20,800 --> 00:05:23,920 Speaker 2: government's response, if I go back to twenty nineteen, that's 110 00:05:23,960 --> 00:05:26,839 Speaker 2: when the current president go to buyer Rajapaksa was elected. 111 00:05:27,600 --> 00:05:30,040 Speaker 2: The response to the kind of brewing economic problem at 112 00:05:30,040 --> 00:05:32,920 Speaker 2: that time was to cut taxes and print a whole 113 00:05:32,920 --> 00:05:35,280 Speaker 2: lot of money, basically to try and sort of smooth 114 00:05:35,279 --> 00:05:39,560 Speaker 2: over economic difficulties. But that contributed to even more price rises, 115 00:05:39,760 --> 00:05:42,440 Speaker 2: and it contributed to really a very large amount of 116 00:05:42,560 --> 00:05:45,640 Speaker 2: government debt. Now we've talked a lot on the podcast 117 00:05:45,720 --> 00:05:48,240 Speaker 2: before about government debt and when it's a good thing, 118 00:05:48,240 --> 00:05:50,120 Speaker 2: when it's a bad thing. And one of the key 119 00:05:50,160 --> 00:05:53,400 Speaker 2: things about how manageable government debt is is how much 120 00:05:53,440 --> 00:05:55,480 Speaker 2: are the people buying that debt, how much do they 121 00:05:55,520 --> 00:05:58,400 Speaker 2: trust the reliability of the government, And so for a 122 00:05:58,440 --> 00:06:01,600 Speaker 2: country like Australia, Australia can get debt for it relatively 123 00:06:01,680 --> 00:06:04,760 Speaker 2: cheap because the people who buy up Australian debt are 124 00:06:04,760 --> 00:06:07,080 Speaker 2: relatively convinced that they're going to get their money back. 125 00:06:07,320 --> 00:06:09,440 Speaker 2: But for a lot of countries, that sort of assurance 126 00:06:09,440 --> 00:06:12,400 Speaker 2: isn't there. And I guess as Sri Lanka's debt bills 127 00:06:12,400 --> 00:06:14,880 Speaker 2: started to get higher and higher, as its economic situation 128 00:06:15,000 --> 00:06:18,400 Speaker 2: started to get worse and worse, foreign investors became less 129 00:06:18,400 --> 00:06:20,840 Speaker 2: willing to give Sri Lanka more debt, and the cost 130 00:06:20,839 --> 00:06:22,599 Speaker 2: of that debt for the Sri Lankan government has gotten 131 00:06:22,680 --> 00:06:25,560 Speaker 2: more and more expensive, and so the SriLankan government is 132 00:06:25,600 --> 00:06:27,680 Speaker 2: in a position now where it's at a risk of 133 00:06:27,720 --> 00:06:29,880 Speaker 2: being unable to pay that debt, which is what we 134 00:06:29,960 --> 00:06:32,520 Speaker 2: call de fault. And so that's kind of created, I guess, 135 00:06:32,520 --> 00:06:35,360 Speaker 2: like a secondary crisis for Sri Lanka that sits alongside 136 00:06:35,400 --> 00:06:38,160 Speaker 2: that kind of inflation crisis. And so it's really kind 137 00:06:38,160 --> 00:06:39,800 Speaker 2: of a little bit of a perfect storm from an 138 00:06:39,839 --> 00:06:42,280 Speaker 2: economic sense for the Sri Lankan government, and that's part 139 00:06:42,320 --> 00:06:45,279 Speaker 2: of where the anger has come. But it's a broader 140 00:06:45,320 --> 00:06:48,000 Speaker 2: story than that as well. Though I mentioned go to 141 00:06:48,040 --> 00:06:52,080 Speaker 2: buy a Rajapaksa is the president his brother Mihinda Rajapaksa 142 00:06:52,200 --> 00:06:54,200 Speaker 2: is the Prime Minister and he used to be the 143 00:06:54,240 --> 00:06:57,080 Speaker 2: President of Sri Lanka for a period of about a decade. 144 00:06:57,279 --> 00:07:00,400 Speaker 2: The Rajapaksa family has been a very powerful family in 145 00:07:00,400 --> 00:07:03,440 Speaker 2: the Sri Lankan government for very many years, and it's 146 00:07:03,480 --> 00:07:06,560 Speaker 2: a government that has a very checkered record. So when 147 00:07:06,560 --> 00:07:09,520 Speaker 2: Mihinda Rajapaksa was president from two thousand and five to 148 00:07:09,560 --> 00:07:12,520 Speaker 2: twenty fifteen, there was a civil war in Sri Lanka 149 00:07:12,640 --> 00:07:15,720 Speaker 2: between the government and a separatist group, the Tamil Tigers, 150 00:07:15,880 --> 00:07:18,760 Speaker 2: who represent the Tamil ethnic minority in the country, and 151 00:07:18,800 --> 00:07:22,720 Speaker 2: the United Nations investigation in twenty eleven found credible evidence 152 00:07:22,760 --> 00:07:26,360 Speaker 2: that Rajapaksa's government was responsible for and I quote war 153 00:07:26,440 --> 00:07:29,680 Speaker 2: crimes and crimes against humanity. So the Raja Pasas, as 154 00:07:29,720 --> 00:07:32,920 Speaker 2: I say, have quite a history. Mihinda Rajapaksa was involved 155 00:07:32,920 --> 00:07:36,000 Speaker 2: in an unsuccessful coup attempt in twenty eighteen to return 156 00:07:36,360 --> 00:07:39,480 Speaker 2: when President marthropalasi Asaying had tried to illegally fire the 157 00:07:39,600 --> 00:07:42,840 Speaker 2: Prime minister at the time and reinstall my Hinda Rajapaksa. 158 00:07:42,840 --> 00:07:44,920 Speaker 2: And then now the Raja Paksas have found their way 159 00:07:44,960 --> 00:07:47,600 Speaker 2: back into power, not just as both the president and 160 00:07:47,600 --> 00:07:50,120 Speaker 2: the Prime Minister, but three additional members of the family 161 00:07:50,360 --> 00:07:53,440 Speaker 2: were in the Rajapaksa sort of government cabinet. So it's 162 00:07:53,440 --> 00:07:55,480 Speaker 2: a family that kind of has, as I say, a 163 00:07:55,520 --> 00:07:57,480 Speaker 2: long history in Sri Lanka. And so a lot of 164 00:07:57,520 --> 00:08:00,440 Speaker 2: the opposition politicians who are talking around the protests moment, 165 00:08:00,760 --> 00:08:03,160 Speaker 2: I'm not just talking about the current economic crisis, but 166 00:08:03,280 --> 00:08:06,760 Speaker 2: talking about that broader context. And so I quote one 167 00:08:06,880 --> 00:08:09,880 Speaker 2: opposition MP who said the tide has turned on the 168 00:08:09,920 --> 00:08:13,080 Speaker 2: autocratic rule of the Rajapaksas. And so I suppose that 169 00:08:13,080 --> 00:08:15,160 Speaker 2: there's a bigger picture going on here, and the history 170 00:08:15,160 --> 00:08:17,400 Speaker 2: of Strilankan politics is coming to the four as well, 171 00:08:17,440 --> 00:08:20,200 Speaker 2: and certainly a very very serious position that the country 172 00:08:20,200 --> 00:08:20,960 Speaker 2: finds itself in. 173 00:08:21,360 --> 00:08:23,640 Speaker 1: And just in the last twenty four hours we've had 174 00:08:23,760 --> 00:08:27,840 Speaker 1: all twenty six ministers in the Sri Lankan cabinet resign 175 00:08:28,000 --> 00:08:32,080 Speaker 1: except for the two Rajapaksa brothers. I was reading a 176 00:08:32,080 --> 00:08:35,960 Speaker 1: piece about how young people in the country can't afford 177 00:08:36,000 --> 00:08:39,840 Speaker 1: to power a laptop because there's been hours long power 178 00:08:39,840 --> 00:08:42,760 Speaker 1: cuts and a shortage of essentials. Tom this does make 179 00:08:42,800 --> 00:08:45,480 Speaker 1: me think, as we enter into a federal election cycle 180 00:08:45,480 --> 00:08:48,760 Speaker 1: where we are going to be extremely Australia centric. There 181 00:08:48,840 --> 00:08:51,200 Speaker 1: is so much going on in the world at the moment. 182 00:08:51,960 --> 00:08:54,520 Speaker 1: Do you sense an instability around the world. 183 00:08:54,840 --> 00:08:56,800 Speaker 2: I think it's fair to say there is a bit 184 00:08:56,800 --> 00:09:00,400 Speaker 2: of instability. Sam. We're looking at our coverage this week, 185 00:09:00,440 --> 00:09:03,200 Speaker 2: and I suppose trying to get as much global coverage 186 00:09:03,200 --> 00:09:05,440 Speaker 2: as we can on TDA this week before we get 187 00:09:05,440 --> 00:09:07,440 Speaker 2: sucked into an election campaign. So you'll see a lot 188 00:09:07,480 --> 00:09:10,680 Speaker 2: of international posts coming out on TDA this week, and 189 00:09:10,760 --> 00:09:13,040 Speaker 2: the common story is, you know, instability in a lot 190 00:09:13,040 --> 00:09:15,679 Speaker 2: of countries and I guess the ripple effects of major 191 00:09:15,720 --> 00:09:18,800 Speaker 2: global crises. And I think this is potentially sort of 192 00:09:18,800 --> 00:09:21,640 Speaker 2: something that's new for people of our generation. Anyone who 193 00:09:21,679 --> 00:09:24,880 Speaker 2: lived through the Cold War and the twentieth century will 194 00:09:24,920 --> 00:09:28,080 Speaker 2: be familiar with how when there's a big conflict between 195 00:09:28,120 --> 00:09:31,440 Speaker 2: global powers that it kind of sweeps up the whole world, 196 00:09:31,480 --> 00:09:33,800 Speaker 2: and that the politics of every country in the world 197 00:09:33,800 --> 00:09:36,320 Speaker 2: are kind of colored by where they sit in relation 198 00:09:36,440 --> 00:09:38,800 Speaker 2: to the conflict. I think we're starting to see a 199 00:09:38,800 --> 00:09:41,120 Speaker 2: little bit of that happen here in the clash between 200 00:09:41,160 --> 00:09:44,560 Speaker 2: the West and between both Russia and China. So you know, 201 00:09:44,559 --> 00:09:46,839 Speaker 2: as we talked about in Sri Lanka, the links to 202 00:09:46,920 --> 00:09:50,440 Speaker 2: Russia and the economic reliance on Russia were a significant 203 00:09:50,440 --> 00:09:53,240 Speaker 2: part of that story. And actually one of the reasons 204 00:09:53,360 --> 00:09:56,440 Speaker 2: that the Sri Lankan government has been reluctant to go 205 00:09:56,520 --> 00:10:00,120 Speaker 2: to international institutions to ask for financial help has It's 206 00:10:00,160 --> 00:10:02,160 Speaker 2: been because of that kind of closeness that they have 207 00:10:02,240 --> 00:10:05,480 Speaker 2: to Russia and to China and a reluctance to kind 208 00:10:05,480 --> 00:10:08,280 Speaker 2: of ask for Western help and for Western money. So 209 00:10:08,320 --> 00:10:10,800 Speaker 2: there's that role. There. Another story that's happened over the 210 00:10:10,840 --> 00:10:12,400 Speaker 2: last couple of days that we don't have time to 211 00:10:12,400 --> 00:10:15,200 Speaker 2: talk about in much great detail, but there's some political 212 00:10:15,200 --> 00:10:17,880 Speaker 2: turmoil in Pakistan where the Prime minister in ran Khan 213 00:10:18,000 --> 00:10:20,600 Speaker 2: is facing attempts to oust him. And in ran Khan 214 00:10:20,720 --> 00:10:23,200 Speaker 2: is what you might call a strong man leader in Pakistan. 215 00:10:23,360 --> 00:10:25,559 Speaker 2: He came to power really with the backing of the military. 216 00:10:25,920 --> 00:10:28,640 Speaker 2: A lot of his rhetoric recently has been very anti Western. 217 00:10:28,760 --> 00:10:31,320 Speaker 2: He visited Russia to meet with Vladimir Putin the week 218 00:10:31,440 --> 00:10:34,560 Speaker 2: that Putin invaded Ukraine, and in ran Khan thinks that 219 00:10:34,600 --> 00:10:36,760 Speaker 2: the plot to oust him, he's suggesting that it's a 220 00:10:36,760 --> 00:10:39,240 Speaker 2: Western backed conspiracy to get rid of him, and so 221 00:10:39,320 --> 00:10:41,640 Speaker 2: in so many kind of foreign affairs stories that we're 222 00:10:41,640 --> 00:10:43,920 Speaker 2: talking about at the moment, there is that tinge either 223 00:10:44,000 --> 00:10:46,280 Speaker 2: the US or Russia or China are kind of never 224 00:10:46,360 --> 00:10:48,520 Speaker 2: far from the action, no matter which country that we're 225 00:10:48,559 --> 00:10:50,520 Speaker 2: talking about at the moment, and I think that we're 226 00:10:50,520 --> 00:10:53,000 Speaker 2: going to see that play out more and more as 227 00:10:53,040 --> 00:10:57,240 Speaker 2: these sort of big title global conflicts start to grow. 228 00:10:57,880 --> 00:11:01,920 Speaker 1: An interesting way to thread a link between what seemed 229 00:11:01,960 --> 00:11:04,959 Speaker 1: to be on the surface very different conflicts, when in fact, 230 00:11:05,400 --> 00:11:08,840 Speaker 1: taking everything as a kind of chapter of history is 231 00:11:08,880 --> 00:11:13,080 Speaker 1: a really helpful way to understand and internalize the news. 232 00:11:13,520 --> 00:11:16,120 Speaker 1: That is what we hope to do at the Daily OZ. 233 00:11:16,160 --> 00:11:18,080 Speaker 1: If you want to follow us throughout the day, have 234 00:11:18,120 --> 00:11:20,240 Speaker 1: a look at our Instagram. That's where we'll be covering 235 00:11:20,280 --> 00:11:24,080 Speaker 1: these big international stories as well as domestic politics and 236 00:11:24,120 --> 00:11:27,319 Speaker 1: current affairs. Today is also the release of another episode 237 00:11:27,360 --> 00:11:30,720 Speaker 1: of No Silly Questions. Billy fitz Simon's tackles the big 238 00:11:30,840 --> 00:11:33,720 Speaker 1: question on everybody's lips, how are we going to pay 239 00:11:33,920 --> 00:11:36,400 Speaker 1: for the cost of living? That's all I've got time 240 00:11:36,400 --> 00:11:37,840 Speaker 1: for today. We'll speak to you in the morning.