Bernanke’s plan for controlled bankruptcies
THE heads of the Federal Reserve and the US Treasury have been forced to try to calm fears that the nation’s two largest mortgage...
As Zionist Mobs Launch Attacks On Palestinians Hamas Calls To Establish The Palestinian State
YESTERDAY, Zionist mobs were attacking Palestinians all over the occupied territories seeking to seize their homes and land and drive them off it. Israeli occupation...
Dubai dashes bourgeois hopes – world revolution is the answer!
DUBAI’S ‘debt repayment’ postponement for six months has brought renewed havoc to European, Asian and North American stock markets. They have all been reminded that...
IMF: World faces £9.5tn Covid bill as capitalism crashes into bankruptcy
THE International Monetary Fund (IMF) warned yesterday that the Covid-19 crisis could cost the global economy a staggering £9.5 trillion in the biggest hit...
Form Public Sector Alliance to defeat the Brown government
THE Brown government is showing clearly and conclusively that it stands with the bosses, the bankers, and the employers against the workers and their...
Nationalise The Energy Companies – The TUC Must Call A General Strike To Defend...
MICHAEL Saunders, a member of the Bank of England’s Monetary Policy Committee (MPC), is warning that households, and million of workers must brace themselves...
Nato Declines To Follow Bush’s Orders
THE outgoing US president, George W Bush, has spent the entire week pledging a Nato expansion eastwards, and that states such as Albania, Croatia,...
Labour right wing propping up the Tories!
ACTING Labour Party leader Harriet Harman yesterday betrayed working people when she led over 100 Labour MPs in abstaining over the Welfare Bill which...
Blair an imperialist from head to foot
YESTERDAY in Australia, Blair, for all he was worth, was pushing the George Bush imperialist line that ‘we’ have a duty to liberate the...
Labour offers NHS bosses £30,000 bonuses as it reorganises the NHS as a model...
LABOUR health secretary Wes Streeting has proposed NHS bosses pocketing £30,000 bonuses under a new plan he has devised which he claims will incentivise...
Banking Crisis Heading For The Precipice!
THE INABILITY of the US economy to recover from its jobs slump, alongside the colossal indebtedness of the EU banks – German, Italian, French...
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...
Overthrowing capitalism only way to eradicate Covid variants
THE NEW variant strain of Covid-19, given the name Omicron by the World Health Organisation (WHO), burst onto the world scene last week although...
Reject ‘unlimited fees’, restore free state education
LORD BROWNE’S Review was published yesterday, recommending unlimited tuition fees for university, with ‘the market’ setting the level. The coalition’s Business, Innovation and Skills Secretary,...
Bankrupt capitalism aims to balance the books through foreign aid cuts and vicious austerity...
ON TUESDAY, Tory PM Boris Johnson narrowly avoided defeat on a motion to cut UK foreign aid after a rebellion by Tory MPs. In the...
McCluskey and TUC determined to rescue Cameron from EU crisis
WITH the Tory party split and divided, the ruling class in the UK – Cameron, big business and the bankers – are relying on...
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...
Putin Alarm At US War Drive
THE fact that the deepening capitalist crisis is turning the whole planet into a US war zone has begun to seriously alarm the Russian...
Revolution Throughout Europe!
WITH the EU’s bankers and bosses spurring him on, Greece’s ‘socialist’ leader, Papandreou, has vowed to tackle the country’s economic crisis and impose the...
Obama seeks wider support for central Asian war
PRESIDENT Obama has shaken his supporters with his admission that the war in Afghanistan is not being won, and that he is willing to...
Resistance erupts over ‘austerity’, as EU crisis worsens
THE government of President Nicolas Sarkozy announced yesterday the raising of the pension age in France from 60 to 62. Workers will have to...
Tories plan a ‘British Guantanamo Bay’ in Rwanda for refugees fleeing imperialist wars
YESTERDAY, Tory Prime Minister, and convicted criminal, Boris Johnson, announced the plan to give refugees and asylum seekers seeking shelter from imperialist war a...
Poverty under capitalism is ‘killing people on a grand scale’
‘SOCIAL injustice is killing people on a grand scale.’ This is the conclusion of the World Health Organisation’s Commission on Social Determinants of...
Merkel’s Short-Lived Victory
ON Thursday, the German Parliament (Bundestag) voted by 523 to 85 to increase the funds available to the European Financial Stability Facility (EFSF) from...
No economic solution to capitalist crisis as BIS warns financial markets at risk
THE BANK for International Settlements (BIS) – dubbed the bank for central banks – issued a dire warning in its latest quarterly review that...
World banks on verge of collapse – forward with world socialist revolution
WHEN one of the biggest banks in the world is forced to publish an open letter to staff, investors and depositors that, contrary to...
Britain’s ‘Black Hundreds’ Seeking State Support
UP to 1,500 English Defence League racists, plus foreign supporters, marched through Luton on Saturday, escorted by police from 27 forces as well as...
IMF warns coronavirus threatens to crash world economy
Kristalina Georgieva, the head of the International Monetary Fund (IMF), issued a stark warning on Sunday that the world’s ‘fragile’ economic recovery could be...
The Bank Prints More Money While M&s Insists That The UK Is Skint
THE Bank of England yesterday maintained its interest rate at 0.5 per cent and decided to step up its money printing programme to give...
24.4% (5.64m) of Spanish workers are unemployed!
THE number of unemployed people in Spain reached 5,639,500 at the end of March, with the unemployment rate hitting 24.4%, with youth unemployment at...
No hardship payments says Woodley
TGWU leader Tony Woodley confirmed yesterday that the hardship payments to the locked out Gate Gourmet workers have been stopped. He informed a delegation of...
Tory police state plans alive and well!
PLANS for more secret court hearings, in the Justice and Security Bill, will create a ‘statutory straitjacket’ for judges, Martin Chamberlain, one of the...
Trade unions must act to defend workers’ standard of living
THE Governor of the Bank of England, Mervyn King has proclaimed that the crisis of capitalism means huge ongoing cuts in the standard of...
Greek workers and Palestinian masses are allies
THE Greek Pasok capitalist government, that is using its state forces to bludgeon and gas tens of thousands of workers protesting against its sell-off...
Osborne Mugs The Pensioners!
WEDNESDAY’S budget left no room for doubt about who the coalition government intends should pay to bail out the bankrupt British economy – pensioners,...
French and UK workers must unite to smash capitalism and fight for socialism!
FRENCH workers and youth have risen up against the Macron-military police dictatorship and on Saturday launched massive attacks on the capitalist state’s police forces...
Bank of England warns over £1 trillion of domestic debt
WITH Coral Eurobet the bookmakers now the most successful British company, with a turnover of £5.4 billion, and with manufacturing industry being slaughtered, no...
Trump Threatens North Korea With ‘Fire And Fury!’
SPEAKING in New Jersey, President Trump has delivered a final warning to North Korea. He said that, ‘North Korea best not make any more threats...
US, UK Ambassadors Are Run Out Of Libya By Their Former Agents!
HMS Enterprise has arrived near to Tripoli to evacuate any remaining British people who want to leave Libya, after the British embassy was shut...
The workers of the world must now come to the aid of the Palestinian...
‘OUR right to self-determination is inalienable. It is not tied to a timeframe’, Riyad Mansour, Palestine’s Permanent Observer to the United Nations, Thursday said...
Build revolutionary leadership in South African strike struggle!
THE South African 300,000-strong National Union of Mineworkers (NUM) has called a one-day solidarity strike with the 1.3m public sector trade unionists who have...
Ukraine Attacks Belgorod – As China Warns Of Pacific War!
THE Belgorod governor has said shelling and strikes by imperialist supported Ukrainian forces continued on Saturday night after two residents were killed and thousands...
After massive London march for Palestine, the TUC must call a general strike for...
UNICEF executive director Catherine Russell has confirmed that the Israeli army has killed over 50 children in deadly attacks in Jabalia, northern Gaza, during...
MANDELSON – Royal Mail privatisation & billions for big business
BUSINESS Secretary Lord Mandelson launched a £20bn loan guarantee scheme for medium and small businesses yesterday, aimed at getting banks to lend to companies...
Capitalism diving into world recession – forward to world socialist revolution!
AT MIDNIGHT on Thursday the US tariff war on the rest of the world erupted as Donald Trump’s ‘reciprocal’ levies on imports from foreign...