Osborne furious over ‘back to the 1930s’ taunt
THE Tory Chancellor, George Osborne, was described in the bourgeois press as being ‘rattled’ by the news coverage of his Autumn Statement. In fact, ‘rattled’...
Bush plans coming unstuck in Pakistan
PRESIDENT Musharraf swore in a new caretaker puppet government yesterday to lead crisis-hit Pakistan towards rigged elections in January, when demonstrations and all rallies...
Capitalism is dead in the water!
ON Thursday, a member of the powerful Bank of England Monetary Policy Committee, in an unguarded moment, blurted out the truth that exports from...
The Tory Telegraph and Tebbit slam the parliamentary parties
THE decaying and gangrenous state of bourgeois democracy and its parliamentary system has been more than revealed by the expenses scandals that are racking...
Stock markets crash as ‘contagion’ from Turkish currency collapse spreads to world banks
Last Friday the Turkish currency, the lira, crashed spectacularly, dropping as much as 16% relative to the dollar – it lost a third of...
End the regime of forced prepayment meters – nationalise British Gas and all...
IN THE WEEK when the giant oil and gas company Shell announced record profits of £32.2 billion, on the back of the soaring cost...
Gold Shooting Upwards As The Dollar Plunges!
THE price of gold hit a record of 1,111.20 dollars an ounce in trading in London on Monday, as the dollar weakened after a...
The currency crash and the socialist revolution
THE decision by the Swiss National Bank (SNB) to abandon its three-year cap on the franc last Thursday has had an immediate and catastrophic...
Trump’s Economic Miracle Is A Bankrupt Mirage – US Workers Need Alternative To Trump...
THE US Federal Reserve Bank yesterday launched an unlimited money printing programme to try to halt the collapse of the US ‘economic miracle’, and...
Work Till You Drop – the Tories’ plan for a ‘sustainable’ capitalism
THE DRIVE to raise the state pension age (SPA) even higher has stepped up with the issue of two separate reports which call for...
Unions must act NOW to reinstate Gate Gourmet workers!
TODAY scores of T&G members will be picketing the Gate Gourmet plant at Heathrow Airport, as they have every day since they were locked...
NHS to pay for bank crisis – time to bury capitalism not the NHS
IN HIS first interview since becoming the coalition Health Secretary, Jeremy Hunt spelt out bluntly that capitalism could no longer afford a national health...
Starmer cuddles up to the Financial Times as he gets ready to stab the...
WORLD capitalism and in particular British capitalism is in its greatest crisis ever with sections of the Tory party compeletely demoralised by the ‘Oceans...
Biden’s frenzied speech against Trump shows US capitalism is on the rocks! Forward...
IN A FRENZIED speech, US President Biden on Thursday accused ex-US President Trump and his supporters in the Republican Party of holding ‘a dagger...
‘Green Shoots’ – A Mirage Of Desperate Capitalists
THE European Central Bank is having nightmares about the state of the 25 banks that underpin the financial system of the Eurozone within the...
Karzai talks with the Taleban as US policy comes unstuck
THE situation in Afghanistan has gone from bad to worse as far as the imperialist powers and their plans for the region are concerned. Last...
Obama set to expand the Afghan war
PRESIDENT Obama is set to throw tonnes of petrol onto the Afghan flames. After months of strategic and tactical discussions with his military and political...
Johnson’s Visit To Sweden And Finland Is To Expand The War Against Russia!
PM BORIS Johnson is visiting Sweden and Finland to expand the war in Ukraine, and specifically to urge both nations to join the NATO...
Baker Reveals Iraq Get Out Plan
A PANEL of White House advisers led by a former Secretary of State, James Baker, is reported to be recommending a major shift of...
Iran frees sailors – time to withdraw all British troops from Iraq
THE decision of the Iranian leadership to unconditionally free the fifteen British sailors and marines, who trespassed into Iranian waters, and also to leave...
Another US blow for Pakistan!
THE US Congress yesterday froze $700 million of aid to its ally Pakistan until it gets assurances that Pakistan will combat the spread of...
Gaza has 45.2 % unemployment – Greek youth unemployment is 45%!
GAZA’S unemployment rate is among the world’s highest, at 45.2%, the UN has found. The territory continues to be blockaded by Israel, while the...
British capitalism is on its knees – forward to the socialist revolution!
CHANCELLOR Osborne made it clear in his Budget statement yesterday that he is not the master of the situation, and is completely dominated by...
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...
Brown Warns Against Labour ‘Extremists’
CHANCELLOR Gordon Brown yesterday did his best to hand back the political initiative to his politically battered and discredited Prime Minister Tony Blair. ...
Ernst And Young Calls To Lower Interest Rates!
WITH interest rates at their lowest ever at 0.5%, the UK economy is at a dangerous junction, warns the Ernst and Young Item Club. Its...
Capitalist leaders have lost confidence in the system and are preparing for the worst!
THESE are fearful times for the leaders of EU capitalism. The fear factor is not just present in Brussels. Admiral Alan West, who...
Imperialism Drives For A War With Russia And Continues Mass Murder In Gaza!
YESTERDAY’S Daily Telegraph Editorial has called for ‘Supporting the Ukraine whatever it takes’ backing the Ukrainian attack on Russia to the hilt. It observed: ‘Faced...
Hodge Spreads Subversion In The Fabian Society
THE Labour government is visibly collapsing day by day, with even ministers expressing opposition and saying that they had doubts about Blair’s foreign ...
Tunisian Revolution Brings Down Interior Minister
TUNISIAN President Ben Ali has dismissed his interior minister and ordered the release of most of those detained during the current clashes over food...
British Imperialism In The Dock!
RETIRED General Frank Kitson is being sued over the Loyalist murder of a Roman Catholic, Eugene Heenan in Northern Ireland in February 1973 and...
Tory plans to ‘save’ British capitalism are nothing but a subsidy for the bosses
YESTERDAY Tory prime minister Theresa May announced a new era of state intervention to ‘save’ British capitalism. According to this strategy, selected sectors will be...
Capitalism’s ‘Ship Of Fools’ Heading For The Rocks!
WHEN the most right-wing Tory supporting newspaper in the country turns on the Tory government, accusing it of gross incompetence and heading for disaster,...
King admits no recovery in sight
THE Bank of England governor, Mervyn King got ready for a somersault in economic policy yesterday, when he told the Treasury Select Committee that...
Occupy And Nationalise UK Gm Plants Now!
BOTH Spain and the UK have refused to sign the Memorandum of Understanding that binds together the Magna-Sberbank-GM deal under which there are...
Bankrupt Barber won’t fight for workers!
ADDRESSING the Scottish TUC yesterday, TUC general secretary Brendan Barber was desperate to show that the addition of another million unemployed in the next...
How to win the firefighters struggle!
THE six-hour strike by firefighters on New Year’s Eve was a demonstration of the solidarity and determination of FBU members across the country to...
Defend the NHS with a general strike to bring the Tories down and bring...
EVERY day brings a new savage attack by this Tory government on the NHS. At the beginning of the week the shock announcement broke that...
World bankers are in charge as the IMF justifies turning the money tap on...
THE INTERNATIONAL Monetary Fund (IMF) made a wildly optimistic prediction yesterday that soaring UK inflation would become nothing more than a historical blip in...
Royal Mail getting ready for New Year war!
BRENDAN Barber has won another battle honour from the employers. His first was at Gate Gourmet, which publicly congratulated him on its website for the...
Winograd Inquiry confirms Israel has feet of clay
THE Israeli inquiry into its July 2006 attack on the Lebanon has found that it was ‘a large and serious failure’. It also...
The ruling class are above the law – decides Law Lords
THE House of Lords Court of Appeal has ruled that the Serious Fraud Office (SFO) acted lawfully when it rolled over in front of...
Russia defies imperialism – Time for the world socialist revolution
YESTERDAY, Russian president Vladimir Putin announced that he had ordered the Russian military to carry out a special operation in the Donbass region in...
US Threatens China As It Seeks To Drive Back World Revolution!
ON FRIDAY the foreign ministry of the Kuomintang- ruled territory of Chinese Taipei vowed to further deepen its close military alliance with the US...
Join lobby of TUC to demand it calls strike action to end the Zionist...
Israeli prime minister Benjamin Netanyahu reacted with fury yesterday following the announcement on Monday that the Labour government was suspending some arms sales to...