BIS warning of global financial crash!
GLOBAL financial markets are dangerously stretched and may unwind with shock force as liquidity dries up, the Bank of International Settlements has warned. BIS boss...
Only Gold Is Money, The Rest Is Paper Masquerading As Money
WEDNESDAY’S announcement by the German central bank (Bundesbank) that it was going to physically repatriate its vast gold holdings from New York and Paris...
British economy skating on thin ice
BA is currently approaching a number of private equity companies about forming a consortium to bid for Iberia airlines. Iberia said last month...
World capitalism is set to crash – It must be replaced with the World...
JUST five months after being elected with a landslide majority, a life or death political and economic crisis has engulfed British capitalism. Labour PM Sir...
Bankers’ bonuses are a diversion
The headline news throughout the bourgeois media yesterday was that Stephen Hester, Chief Executive of the Royal Bank of Scotland, had magnanimously bowed to...
Trade unions must act over NHS crisis by organising a general strike
HOSPITALS across the country are already running close to 100% bed occupancy and the full effects of winter haven’t even started to impact on...
Rice Visit Is To Stir Up Wars And Civil Wars
US Secretary of State Rice’s visit to the Middle East is to organise the conditions for US attacks on both Iran and...
US Opening Up Second Front In Africa
MILLIONS of Africans will understandably be fearful at the latest strategic initiative that US President George Bush has just announced. The president has instructed his...
Palestine suspends recognition of the state of Israel!
THE PALESTINIAN Central Council met in Ramallah on Sunday and Monday and, after deliberations on important matters for the Palestinian people, it made a...
Syria, the Kurdish people and the Turkish workers must stand together against imperialism!
THIRTY-FIVE Syrian civilians have reportedly been killed and 75 others wounded by fresh Turkish artillery and tank fire plus air strikes on Jubb al...
Nationalise The Banking System To Put An End To Capitalism
THE credit ratings agency Moody’s has downgraded 15 global banks and financial institutions. The UK banks downgraded were Royal Bank of Scotland, Barclays, HSBC and...
Trade unions must take action to stop A&E closures!
IN an attempt to shift the blame for the crisis in the NHS away from the massive cuts inflicted on it by the Tory-led...
Greek Workers And Youth Are On The Road To Revolution!
MASSES of workers and youth clashed with the state forces in the Greek capital Athens yesterday, on the first day of a 48-hour general...
US workers taking action to drive up wages and defend their jobs
THE once-mighty US economy is facing a wave of strikes by powerful sections of the working class who are determined to drive up their...
World Capitalist Crisis Driving World Revolution
The US economy is at the centre of the worldwide capitalist economic crisis. It is in slump, with major industries, such as the motor car...
Brown guarantees the banks while he cuts workers wages
THE Brown government has not just guaranteed all of the Northern Rock bank deposits, it has also underwritten its so called ‘commercial paper’, that...
British capitalism’s crisis of rule
THE inability of the Tories to pull ahead in the opinion polls, proves that 13 years of Labour rule has not been enough to...
Eu Leaders Make War Against Greek Workers
‘Down with the junta of the bankers! Kick out the swindlers of Brussels.’ These were the slogans being shouted by Greek workers and youth...
Privatising the Law
The disclosure over the weekend that two police authorities, West Midlands and Surrey, have started the process of privatising the police service in their...
UK ‘control orders’ are illegal says EU rights body
EVEN the Council of Europe’s Commissioner for Human Rights, Alvaro Gil-Robles has condemned the issuing of control orders by the British Home Secretary as...
President Obama is heading for a fall
SPEAKING before the NATO summit President Obama made clear that his business in Europe was to raise a war party for Afghanistan, when...
French Election results: the 5th Republic is dead, forward to the Socialist Republic
THE RESULT of the first round of the French Presidential election has justly been described as a ‘seismic’ shift in the country. For the first...
Arab League army to fight Iran not Israel or its US backers!
THE Arab summit has been deciding that it will form its own armed force based on Egypt and Saudi Arabia to fight subversion, extremism...
Norfolk & Norwich NHS Trust – screwed by the PFI bandits
THE Octagon private sector consortium has been branded the ‘unacceptable face of capitalism’ by a House of Commons committee. MPs on the public accounts...
Coup Against Corbyn Underway As Head Rabbi Announces He Is ‘Not Fit For High...
WITH just over two weeks to go before the general election, the campaign by the Tories and their right-wing supporters in the Labour Party...
US death toll rockets in Iraq
FIVE more American troops were killed and three were captured near Mahmoudiya, 20 miles south of Baghdad, in a pre-dawn attack on Saturday. The...
Starmer – the Labour Party ‘fit to govern’ for bosses and the bankers...
LABOUR leader Keir Starmer, in his keynote speech to the Labour Party conference yesterday, pledged that he is ‘not just pro-business’ but wants to...
For-profit university bust! End all fees, restore grants, drive private business out of education!...
AN EXTREMELY controversial for-profit college has gone bust leaving staff and students stranded, prompting unions to demand that the privatisation of education be stopped...
Israel steps up brutal attacks on Palestinians
OVER the New Year the killing of Palestinian men women and children has continued unabated and in the most brutal fashion. On Sunday Israeli forces...
Blair stands by 90 days internment as Clarke negotiates its defeat
PRIME Minister Blair stands convinced that 90-days internment without charge is not just desirable but is absolutely indispensable for satisfying the Metropolitan Police’s minimum...
Hamas urges workers of the world to take action and salutes the growing mass...
IN A statement issued on Friday to mark International Jerusalem Day, Hamas declared that the occasion arrives this year as the Palestinian people steadfastly...
Three Defeats For Tory Welfare Bill
THE Tory/LibDem coalition suffered three defeats on Wednesday; in the House of Lords over their plans to slash £1.6 billion from the benefits of...
UK heading for ‘no deal crisis’ – Only answer is a socialist revolution!
THE MAY government on Tuesday defeated an attempt by 12 pro-EU Conservative MPs, supported by Labour EU Remainers, to destroy its revised post-Brexit trade...
Britain to be one big prison!
THE coalition government has published its plans to turn Britain into one big prison with its own version of the US’ two strikes and...
Deutsche Bank collapse will crash the world’s banking system!
DEUTSCHE Bank, the largest and most important bank in Europe, sacked its British born chief executive John Cryan after just three years in the...
Abolish student fees restore free state education
THE Labour-supporting leaders of the National Union of Students (NUS) have been forced into a position where they have had to call for ‘heads...
Israel continues its all-out assault on the rights of the Palestinian people and all...
A PALESTINIAN-FRENCH human rights lawyer whom Israel has stripped of his Jerusalem residency is at imminent risk of deportation, an Israeli group says. The HaMoked...
Starmer’s Labour regime must be replaced by a workers’ government
Sir Keir Starmer is set to become the UK’s first Labour prime minister since 2010 after his party’s landslide general election victory. Labour is...
Trade unions must take action to defend state pension!
ON WEDNESDAY the Tory Work and Pensions Secretary, David Gauke, cynically used the fact that parliament was closing down for the holidays to announce...
Morales pledges to rule for the oppressed
EVO MORALES is the first Indian to become the President of Bolivia ending decades of rule by a white ruling class elite which presided...
Occupy GM plants to defend jobs! Nationalise the car industry!
GENERAL MOTORS European operations, which include Opel plants in Germany, the Ellesmere Port Vauxhall car plant and Luton’s IBC van plant in Britain, have...
Well Done – Unison Conference Rejects Histadrut
THE Unison National Delegate Conference has rejected ‘critical engagement’ with the Histadrut, the Zionist trade union, which plays a central role in the Zionist...
Trade union bureaucrats put two fingers up to May Day
TRUE to form, the voice of the trade union bureaucracy, the Stalinist Morning Star counted tens of thousands of marchers on the TUC’s May...
Trump Leaps Into War With Syria – Where He Leads, The UK Ruling Class...
PRESIDENT Trump in his televised statement on Thursday night insisted that launching a 59-strong cruise missile attack on Syria was ‘in the national security...
Starmer declares war on Iran – force TUC to call general strike to bring...
ON SUNDAY, Labour leader Keir Starmer caved in to Donald Trump’s demand that the UK join in the illegal murderous war launched jointly by...