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...
Darling can’t explain the crisis and he cannot resolve it
YESTERDAY at the Labour Party conference the leaders who not so long ago announced to the world that they had conquered the essential tendency...
Budget Day strikes – demand TUC calls a general strike to kick out the...
TORY Chancellor Jeremy Hunt will be delivering his Budget speech today in the middle of a massive strike action across the country of up...
Greek workers on the march to socialist revolution
THE Greek working class, Greek youth and the majority of the middle class and the small farmers have battled the EU imposed austerity programmes...
IMF warns US banking crisis threatens stability of world capitalism!
THE IMF (International Monetary Fund) has issued another stark warning that world capitalism is at serious risk of an international financial crisis caused by...
Tory policies to defund and privatise the NHS responsible for Shrewsbury maternity disaster!
THE INDEPENDENT Ockenden inquiry into maternity provisions at the Shrewsbury NHS Trust has revealed a horrific catalogue of failures contributing to the deaths of...
US Secretary of State Kerry and Chief of Staff Dunford speak with Netanyahu
THE US has reacted with fury to Russia’s ‘interference’ in the Middle East, that is, its invitation to President Assad to visit Moscow, and...
‘Currency wars’ will lead to imperialist war
THE meeting of the G20 group – the 20 leading countries in the world – concluded in Seoul yesterday with the usual empty claims of...
Corbyn Displays The Bankruptcy Of Reformism At The TUC!
WHAT has emerged out of the bankruptcy of Parliament this week is that the Labour leadership, along with the other opposition parties and rebel...
Britain’s household debt time-bomb
DESPITE all the propaganda pumped out by Osborne in his budget speech last week, about UK capitalism ‘walking tall’ and well on the way...
Sinn Fein Wins The Election But Drops All References To United Ireland!
AS SOON as the Northern Ireland Assembly election results were announced on Saturday confirming that Sinn Fein was now the biggest party, the US,...
Anti-Russian war alliance begins to crumble as head of German navy quits!
GERMANY’S navy chief has resigned from his post after drawing criticism from the German government and Ukraine over his remarks in support of Russian...
Peace Talks Begin With Attack On Ramallah Demonstrators
THE Palestinian Israeli ‘peace talks’, officially began on Monday but actually the process began on the Sunday in Ramallah when Palestinian police ...
The TUC must tell the Tories to condemn Trump’s ‘Deal of the Century’ or...
ON TUESDAY night, US President Donald Trump with Israeli Prime Minister Benjamin Netanyahu at his side finally unveiled to the world his ‘Deal of...
Bush Visit To Form Alliance With ‘Axis Of Evil’
THERE has been a spate of hectic diplomatic activity in the Middle East, since the Israeli defeat in the Lebanon and the Congressional mid-term...
Sustainability & Transformation Plans mean NHS cuts and privatisation! Kick the Tories out!
THE TORY government has launched its new offensive in the war against the NHS, and this time it is an attack by stealth. Sustainability and...
Kick out the Tories, abolish academies and free schools to defend free state education
TEACHING unions yesterday published a report detailing the effects of the Tory policy of slashing public spending on schools – increased class sizes across...
Quit the EU now – defend jobs, forward to socialism!
A PROPOSED law giving PM Johnson’s government the power to reject parts of the Brexit agreement with the EU passed its first reading in...
Nationalise the energy companies to end fuel poverty
PM Brown has rejected out of hand the trade union demand for a Windfall Tax on the oil, gas and energy companies, that are...
US crisis intensifies!
THE US dollar, reflecting the crisis of the US capitalist economy, is now sinking fast against both the euro and the pound sterling. Rising...
A milestone in the failure of the US-UK war against Iraq
THERE were no pictures beamed around the world yesterday of United States President Barack Obama at a passing out parade in Baghdad on the...
‘Small price to pay’ Trump tells US working class as oil prices soar as...
IN a post on his Truth Social platform on Sunday night, Donald Trump announced to the US workers and middle class that the spiralling...
Miliband pledges to save bankrupt capitalism, the issue is to overthow it
TUESDAY'S speech to the Labour Party conference has been greeted with an outpouring of joy from the leadership of the trade unions and the...
Shares Crash As Debt Crisis Explodes
IN London yesterday, the FTSE 100 rebounded momentarily, but then fell back into the red, down by 48.5 points by 1pm after a...
Capitalism Plunging Downwards – Socialist Revolutions Required
ON Monday, President Obama addressed the prospect of the USA going bust saying: ‘So to even entertain the idea of this happening – of...
Nationalise BA to defend wages, jobs and pensions
BA managers were yesterday pledging a ‘fight to the death’ with the Unite trade union and its members to force through cuts in wages,...
Hewitt And Hoon Stab Labour In The Back
HEWITT and Hoon, are two of the Labour Party’s leading Blairites. Hoon was heavily involved in Blair’s criminal Iraq war, and in the...
Bank of England splits over measures required to keep British capitalism afloat!
ON WEDNESDAY the Adam Smith Institute admonished the Bank of England as ‘worse than useless’, and warned: ‘There is already a major crisis...
Libyan Land War Looms!
FIRST of all they embraced Gadaffi like a long lost brother in 2004, just one year after the mass slaughter in Iraq. The...
Imperialists keep out of Zimbabwe! Forward to a workers and small farmers government
THE MUGABE regime has been beaten in the polls by the trade union backed Movement for Democratic Change and is now considering its options...
Queen’s Speech leaked as axe set to fall on public sector and business grants!
THE leaking of the Queen’s budget speech is unprecedented, and is an expression of the depth of the split and the cynicism in the...
Bank of England increases interest rates as capitalism dives into financial crash and recession
THE BANK of England’s Monetary Policy Committee met yesterday and voted to increase interest rates by 0.25%, pushing the rate up to 4.25% –...
Tory Austerity forces parents to rely on baby banks for essentials – time to...
IN LAST year’s autumn budget Tory chancellor Philip Hammond claimed that ‘austerity is coming to an end’ in Britain. Hammond’s claim backed up Theresa May’s...
Crisis-Ridden Bosses And Tories Fear The Election
THE Tory Party, its media wing and the boss class as a whole are getting very worried about the election, and what is to...
Imperialism is on the point of defeat as the world’s financial institutions panic!
DESPITE seven days of devastating non-stop aerial bombardment by the US-Israeli aggressor and their huge war machine, the defiant defence of Iran to protect...
Kerry Calls In Stalinist Bureaucracy To ‘Resolve’ Syrian Crisis
IN its hour of need – with Syria resisting massively the attempt at ‘regime change’ organised by the US-UK-Turkey axis, and carried out by...
Spanish workers on the road to revolution
SPANISH PM Mariano Rajoy has just announced a 3% VAT rise from 18%-21%, and a series of austerity measures that will cut the Spanish...
The bosses are dumping their crisis onto the backs of workers. It is time...
YESTERDAY nine members of the Bank of England’s Monetary Policy Committee voted to increase the interest rate from 1.25% to 1.75%. This is the sixth...
Israeli withdrawal from Gaza a victory for Hamas and for the workers of the...
ISRAEL on Tuesday completed the withdrawal of its troops from Gaza, as a 72-hour humanitarian truce took effect, and made preparations to take part...
Red Cross confirms that the Afghan ‘Black Hole’ does exist
THE Red Cross has confirmed that the US airbase at Bagram does contain a prison within a prison, complete with a torture chamber, that...
French And UK Workers Must Unite To Bring Down Macron And Johnson With Socialist...
THE imperialist powers are not only in their greatest crisis ever, they are completely split and divided. The UK is prepared to take legal action...
Police are not workers in uniform
THE Police Federation has demanded that the Home Secretary resign after her refusal to backdate their 2.5 per cent pay award, and has decided...
Brown is hungry for cash – sell off the palaces and the Duchy of...
THE Prime Minister began yesterday to sell off anything and everything that can be used to raise much needed cash, £16bn in fact, to...
TUC must take a stand against Israeli genocide and the anti-union laws by calling...
ON Tuesday night, the United Nations General Assembly vote for an immediate ceasefire in Gaza was passed overwhelmingly with 10 countries, led by the...
Balls and Miliband argue for a permanent cuts regime
LABOUR leader Miliband’s speech of yesterday was a pre-election attempt to bolster up support from workers by arguing that Labour will be...