Gentlefolk,
This Post describes some of our activities during the month of March 2023.
The contents of this post are in the following sequence:
Photos of our activities during March 2023.
Some news items which caught my eye in March 2023.
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| Have you heard of Canoe Polo? I hadn't either until I came across a game while riding around Lake Burley Griffin. Five players a side in canoes; they pass the ball and score through a goal. Tricky! | 
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| Women's basketball. Noel and Tien came to the Capitals final game with us at the National Convention Centre. | 
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| The Canberra Capitals played Perth Lynx.  We got to within 2 points, but in the end the Lynx were too good. Impressive skills on both sides. | 
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| I worked with Richard Gould in Austrade 30 years ago. His wife Magda Cebokli is an artist and held an exhibition in Canberra.  It was nice to catch up with them again (they live in Melourne). | 
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| Magda's exhibition. | 
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| Saw this big advertisement on the side of a Canberra bus - my sister Aniko and her husband Peter. They are also known as "the dynamic duo", great realtors. | 
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| Former colleague, Michael Tjoeng, visited from Brisbane. This photo is from 1986; we were in the Trade Office of the Australian Embassy. Happy days! | 
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| From left: Peter (Michael's son - he works in Canberra); Vera; Michael Tjoeng; Shirley (Peter's girlfriend) and me. Michael and I played golf twice during his visit - good fun. | 
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| We took Michael to see the Enlighten Festival at Old Parliament House; all the national institutions were lit up in different patterns - attractive! | 
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| Big crowd (including many children) at Old Parliament House, even at 10pm! They had special games for kids. | 
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| We drove to Sydney for Jay's 6th birthday. She had a bunch of school friends over: pool party! | 
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| Cutting Jay's birthday cake. | 
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| The next morning we accompanied Andrew when he took Eddie and Jay to school. Mother & son. Then back to Canberra. We returned to Sydney two weeks later to attend Caroline's 40th birthday party. | 
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| The banquet following the AGM of the Australia China Friendship Society. | 
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| Lunch with old friends Nee & Eugen and Kay & Bob. | 
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| Golf with Peter Rayner. The weather has been great this month - very little wind and rain. Getting cool now; leaves turning, autumn is here. | 
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| At the INXS show with Sue and Frank Tavares. It was a joint birthday celebration for Sue and Vera who have the same birthday. | 
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| Get together of the Australia Indonesia Families Association. Always delicious food to share! | 
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| We went to the final day of the National Sheep Dog Trials, at Hall just outside Canberra. These canines are amazing. The relationship between handler and dog is amazing!  | 
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| The 2022 Champion Sheep Dog: Bredbo Ash. | 
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| Visited Geoff George and Dience. Geoff had a varied and fascinating career; he is now an accomplished artist. | 
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| Aniko and I drove past the house (6 Orana Avenue) we occupied when we first arrived in Cooma in September 1955.  It has been renovated since we last saw it, and is looking much better than before. | 
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| The Three Amigos, Friday morning golf buddies: me, Brian Edwards & Peter Rayner. | 
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| With Patrick O'Hara. We did political science together at the ANU a million years ago, and have remained friends ever since. Pat is battling significant health issues; a fighter!!! | 
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| Caroline and Michelle, best friends. | 
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A bevy of beauties!
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| Ewan Proctor, Paul Milton, Andrew, and Julian Ford.  | 
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| Vera & I have been attending a U3A Meditation class run by Beth Seddon. She is a wonderful teacher. The exercises seem so simple, but they are effective. We always feel refreshed after her class. | 
News items which caught my eye during March 2023
(It seems to have been a very busy month!).
| 
   Global 
  | 
  
   USA, Canada, UK banned Tik Tok
  from official devices (possible security risk). FIFA announced best Mens and
  Womens players in 2022: Lionel Messi (PSG and Argentina); Alexia Putella
  (Barcelona). Finland started building a fence
  along its 309km border with Russia ($600M). Two trains collided in NE Greece;
  57+ dead, 100 injured; line closed for 3 weeks. Tik Tok will limit access to Under
  18s to an hour a day.  Bola Tinubu new president of
  Nigeria; President of Vietnam is Vo Van Thuong (52). G20 Foreign Ministers met in New
  Delhi; no consensus on Russian invasion of Ukraine. The UN agreed on a Treaty to
  Protect Marine Biodiversity. UK introduced tougher rules on
  illegal boat arrivals – they will be deported to Rwanda and will never be
  allowed to become UK citizens. Well known sports presenter Gary Lineker
  denounced the policy and was stood down by the BBC (later reinstated). UK
  will pay France $576M over three years to stop illegal boats.  American skier Mikaela Shiffin
  (27) had 87 World Cup wins, passed record set by Ingemar Stenmark.  Founder of 7-Eleven stores, Matatoshi
  Ito, died aged 98.  Saudi Aramco announced profit of
  $161B in 2022.  Only 6 countries out of 131
  surveyed met WHO air quality guidelines: Australia; Estonia; Finland;
  Grenada; Iceland; and New Zealand. Worst were: Chad; Iraq; Pakistan; Bahrain;
  Kuwait; Bangladesh; and India. HSBC bought the UK operations of Silicon
  Valley Bank for $2; Swiss Govt oversaw a deal in which major bank Credit
  Suisse (founded in 1856) was taken over by rival UBS for $3.3B; Deutsche Bank
  shares down 8+%. China brokered renewed diplomatic
  ties between Saudi Arabia and Iran. Saudi Arabia will buy 78 Boeing
  787 Dreamliners; Japan Airlines placed an order for 21 Boeing 737 Max
  aircraft. The French Govt forced through an
  increase in the retirement age from 62 to 64; widespread protests. Ireland won the Six Nations Rugby
  Championship. Cyclone Gabrielle hit the North
  Island of New Zealand; widespread flooding and damage. Despite ongoing demonstrations,
  Govt of Israel passed laws protecting the position of Prime Minister (only
  the Cabinet can dismiss). Netanyahu announced a delay in implementing the new
  law.  Inflation in Argentina 102% in 12
  months to February 2023. New UN report from IPCC warned again
  of climate change dangers. World Happiness Report listed
  happiest countries as all Nordic countries; Israel; Netherlands; Switzerland;
  NZ; Australia.  Media tycoon Rupert Murdoch (92)
  announced his engagement to Ann Lesley Smith (66).  Indian Govt is trying to find and
  arrest Amritpal Singh, leader of group advocating a separate Sikh State. World Athletics tightened rules on
  transgender woman athletes. Canada’s population increased by
  1+M in 2022 (to 39.5M); 90% from 
  immigration (437K immigrants; 607K non permanent visitors). The Scottish National Party
  elected Humza Yousaf as leader, to replace Nicola Sturgeon. He was born in Glasgow
  of Pakistani and Kenyan parents. He is the first Moslem and first non-white
  to be Scotland’s First Minister.  Germany ‘mega strike” halted
  public transport for a day. 
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| 
   Russian invasion of Ukraine  | 
  
   Battle for Bakhmut raged. Russian jets downed a US Reaper
  drone over the Black Sea. Poland will give Ukraine 28 MiG29
  jet fighters; Slovakia will send 13. The International Criminal Court
  accused Pres Putin of war crimes; he can be arrested if he enters one of the
  123 signatories to the ICC (Russia, the USA and others are not signatories). Russia agreed to an extension of
  60 days to the Black Sea Grain Export Agreement which allows Ukraine exports. Pres Putin visited Mariupol in the
  Ukraine. 17 EU members plus Norway agreed
  to maintain supplies of ammunition (esp 155mm artillery shells) to Ukraine. First German and British tanks arrive.  Largest military aid donors to
  Ukraine: USA $47B; UK $5.1B; EU $3.3B; Poland $2.5B; Germany $2.5B. China, with Russian agreement,
  announced a possible 12 point peace plan; rejected by West - Ukraine said that Russia
  must withdraw totally before negotiations can commence. Prime Minister of Japan visited
  Kyiv. Russia warned UK not to provide
  “depleted uranium ammunition” to Ukraine. Russia to station nuclear weapons
  in Belarus. 
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| 
   USA 
  | 
  
   Tesla to build a factory in Mexico,
  estimated investment $1B. Kobe Bryant’s widow, Vanessa, awarded $29M after suing LA county for releasing photos of her husband’s death. Alex Murdaugh (54) was convicted of killing his wife and son in South Carolina. Collapse of Silicon Valley Bank which specialized in financing of tech startups. It had $209B in assets, but a “run” of $43B in a day brought it undone. Signature Bank of New York also folded. The Govt guaranteed all deposits of both banks, to avert a banking crisis. The FDIC received bids from 18 companies to take over the assets and loans of SVB; successful bidder was First Citizen BancShares. The film Everything Everywhere All the Time got Best Picture Oscar (and 6 others); Best Actress Michelle Yeoh (first Asian winner); Best Supporting Actress Jamie Lee Curtis; Best Supporting Actor Ky Huy Quan. Best actor went to Brendan Fraser for his performance in The Whale. German anti-war film All Quiet on the Western Front got 4 awards. President Biden approved the Conoco Willow Project $8B to drill for oil and gas in Alaska. Meta (parent of Facebook) to lay off 10K staff. Chinese billionaire Guo Wen Gin was arrested in NYC for alleged fraud. Former President Trump said that he was about to be arrested by NYC (Manhattan District Attorney); he called for mass protests. Trump held his first rally at an airfield near Waco, Texas. Vintage Trump, he harangued the crowd for 90 minutes without seeming to draw breath. He is determined to be the Republican nominee for the 2024 Presidential Election. YouTube reinstated Trump’s account. The Governor of Wyoming signed a law banning the sale of abortion pills. Federal Reserve lifted interest rates by 0.25% (9th increase), to 5%. Congressional hearings accused Tik Tok of being a security risk; pressured to localize (there are 150 million Tik Tok users per month in the US). A violent tornado hit Mississippi – 27 dead, much damage. A 28 year old female former student shot 3 adults and 3 children at a school in Nashville. Utah is the first US State to
  limit teen access to social media – must have parental consent. 
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| 
   Australia  | 
  
   Canberra had its coolest summer in
  38 years. The Govt announced that income on Superannuation
  balances of over A$3M would be taxed at 30% from 1 July 2025 (below $3M attracts 15% tax). India beat Australia 3 Tests to 1
  in cricket, but we won the One Day series. Royal Commission into the Robodebt
  scheme commenced hearings. The Reserve Bank raised interest
  rates for tenth time by 0,25% (to 3.6%). CEO of Qantas since 2008, Alan
  Joyce, announced he will step down. PM Albanese led a trade mission to
  India; Premier of Victoria, Daniel Andrews, visited China. Extensive flooding in Northern Queensland; millions of fish died from depeted oxygen. PM Albanese visited San Diego for
  the announcement of the AUKUS nuclear submarine deal with the US and UK. Eight
  nuclear powered subs will cost an estimated A$368B over 30 years. Former
  Prime Minister Paul Keating called it “the worst deal in history.” Actor Sam Neill announced he has
  cancer; he has been in 70+ films. The Labor Party won the NSW State
  election; new Premier is Chris Minns. All mainland States now have Labor governments
  (not Tasmania). 
  | 
 
| 
   China  | 
  
   Hong Kong cancelled the mask
  mandate introduced in July 2020. The National People’s Congress
  elected Xi Jin Ping as President for a 3rd term of 5 years; it
  approved a military budget of $224B, an increase of 7.2% (US military budget
  is 4 times as large, and increasing by 8%); target of 3% GDP growth in 2023. New Chinese Premier is Li Qiang
  (63); new Foreign Minister is Qin Gang (former Ambassador to US). China will start issuing tourist visas
  for international visitors (stopped in March 2020). President Xi visited Moscow; announced a possible Peace Plan – but rejected by West.  | 
 
INTERNATIONAL TRADE
My 30 year career as an Australian Trade Commissioner gave me an interest in matters related to international trade. I subscribe to Bloomberg's excellent daily newsletter "Supply Lines - tracking Covid-19's impact on trade" (former title 'Trade Matters').
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| US Imports $326B, Exports $258B; Trade Deficit in January 2023 $68B. | 
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| In 2022 imports from China, as a % of total US imports, were 16.6% (down from 21.6% in 2017). In 2022 exports to China, as a % of total US exports, were 7.3% (down from 8.4% in 2017). | 
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