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...
King wanted to print even more paper money!
WHEN the Monetary Policy Committee (MPC) decided two weeks ago to print £50 billion more for its stimulus programme binge, the City, which was...
Answer Osborne’s £25bn cuts with general strike
IN A speech last November, Cameron declared a permanent ‘austerity war’ against the working class, singling out the unemployed and young people as the...
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...
Youth for revolution!
THE massive growth in unemployment sparked by the worldwide financial collapse in the capitalist system in 2008 is hitting youth so hard that the...
The Republicans Are In A Desperate Crisis While The Democrats Have No Way Forward...
US PRESIDENT TRUMP going down with the coronavirus has sharpened the crisis of the imperialist powers, including the UK, who were up till now...
A British ‘barbaric act of aggression’ in Basra
THE Labour Government’s Defence Secretary, John Reid, declared yesterday that sending six Warrior tanks to demolish the wall of a prison compound in Basra,...
10 million workers will be hit by tax increases as Labour ‘picks the side’...
LOWEST paid workers will be hit the hardest by Labour Chancellor Rachel Reeves budget’s ‘stealth tax’ unveiled on Wednesday. Reeves desperate to avoid accusations of...
Defend Belarus and Russia from the attacks of the USA, UK and the EU
THE ALLEGED ‘poisoning’ of Russia’s unsuccessful opposition leader Alexei Navalny by a ‘Novichok-like nerve agent’ has been trumpeted by the capitalist press as if...
May’s Britain a hostile place for workers and youth – Now is the time...
DESTITUTION under May’s crippled Tory government is soaring to levels not seen since the Victorian times. The roll-out of Universal Credit has created...
Keogh creating a two-tier inferior NHS and proud of it
THE BIG push is on to destroy the national network of A&Es that millions of people depend on, and to convert at least 100...
Brexit Is Blowing Up The Two-Party System Of Rule – The Working Class Must...
PM MAY yesterday made an appeal for MPs to ‘stand together as democrats and patriots’, to support her withdrawal deal. This is after her resolution...
Unions Must Answer Truss Threats By Calling A General Strike To Bring Down The...
THE Margaret Thatcher look-alike, Foreign Secretary Liz Truss, is seeking to sound like, look like and act like Margaret Thatcher, as she vows to...
Kiss of death for Deutsche Bank and the world banking system
THE writing is most definitely on the wall for Europe’s largest bank, with the kiss of death being delivered over the weekend when German...
All unions must take action to support the postal workers!
POSTAL workers, members of the Communication Workers Union (CWU) are on strike today in north-east and south-east London against Royal Mail’s plans to axe...
Put an end to bankrupt capitalism! Forward to the victory of the world socialist...
THE CRISIS of capitalism is now acute. It has reached the point of explosion, with its very life blood – gas and electricity now...
World crisis lays waste Putin’s oligarchs!
HISTORY has played a huge joke on the Stalinist bureaucracy. Under the rule of Gorbachev and Yeltsin it thought that it would be able to...
Starmer gets pat on the head from Trump for Labour ramping up class war...
THE cringing prostration of Labour prime minster Keir Starmer to US president Donald Trump finally paid off at the weekend when Trump condescended to...
A general strike to kick out the Tories and bring in socialism will end...
THIS WEEK, the boss of British Gas, Chris O’Shea, sent letters to 7,500 of its service engineers informing them that on Wednesday 14 April...
May wants to rip up the basic rights of the working class! Put her...
IN the seven short weeks since Tory Prime Minister Theresa May announced out of the blue that she was calling a snap general election,...
Truss and Kwarteng declare war on unions – TUC must respond with a general...
CHANCELLOR Kwasi Kwarteng has unveiled the plans by the Tory government to drive part-time workers back into full employment by cutting their benefits. Under the...
Europe on strike from France, to Greece, from Germany to the UK – forward...
THE strike wave is spreading throughout Europe! In France workers are making it crystal clear that they will never allow the increases in the retirement...
Russia tells Ukraine – pay the market rate
THE Ukrainian Foreign Ministry stated yesterday that ‘Russia has begun implementing a scenario intended to destabilise the Ukrainian economy’, adding that this was ‘despite...
Gove calls for parents to scab
Over the weekend the Tory Education Secretary Michael Gove issued a call for parents to volunteer to break Thursday’s strike by civil servants and...
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...
The TUC must give its full support to the State of Palestine at once!
THE International Criminal Court (ICC) is set to unveil an online electronic platform to allow the Palestinians to sue Israelis who commit war crimes. A...
Down With US Plan For Middle East Nato – Forward With Struggle For...
JORDAN’S King Abdullah II told CNBC television news network last week that he supports the formation of a NATO-style military alliance in the Middle...
Demand the TUC call a general strike to defend NHS workers from Tory pay...
IF THE Tories hoped that the last minute scramble to head off the anger of NHS workers by increasing the derisory and insulting 1%...
Labour Is The Bankers Party!
THE New Labour Brown government has come out as the true representative of the biggest banks, as befits a government that has doubled the...
Desperate Tories frantically witchhunt Corbyn – put them out on June 8th!
WITH just ten days to go before voting takes place in Theresa May’s snap general election the Tories are in a state of acute...
The Unions Must Take General Strike Action To Bring Down Johnson And ...
BORIS Johnson’s reaction to the Tory Party’s massive by-election defeats at Tiverton and Honiton and at Wakefield has been to reject the advice and...
World Socialist Revolution is only way to end imperialist slaughter
THE TORIES have damned the Starmer government for a foreign policy ‘shambles’ as political parties throughout the western imperialist nations grapple with coming to...
The ‘Mortgage Bomb’ is about to explode, pauperising the middle class, with inflation shredding...
THE news from the mortgage front is grim. Millions of families are experiencing shocking hikes in mortgage rates of hundreds of pounds per month,...
Starmer Warns Of The Risk Of A New World War!
PM Keir Starmer has warned of a ‘risk of escalation’ beyond the Middle East to the rest of the world i.e. a new World...
TUC must call a general strike to ensure all ‘independent contractors’ have workers’...
THE TORY plan to reduce Britain to a slave labour, hire-and-fire, zero-hours economy is now being challenged powerfully by groups of young workers. With the...
Dump May Regime And Her Grammar Schools!
TORY PM May yesterday launched her new offensive attempting to restore ‘secondary moderns’ by allowing every school to become a selective grammar school, and...
Human Rights Watch Denounces Israeli Apartheid Crimes!
AN international leading human rights watchdog, the Human Rights Watch (HRW), has accused the Israeli authorities in a 213-page report titled ‘A Threshold Crossed:...
Blairites back-off and concede to Brown
OH how the mighty have fallen. It was not so long ago that Blairites were queuing up to challenge Gordon Brown for the premiership....
‘We are not asking the west to choose our leaders’
THIS was the defiant and revolutionary message that came out of Egypt from demonstrators, and was shown in the western media, in response to...
Throw the paltry Tory NHS pay cut ‘offer’ out! Nothing less than 3.9%+£800 will...
NHS staff who have suffered a 15% pay cut since 2010 have been offered a ‘new deal’ from the government. A leaked document shows...
Dollar fall heralds a deepening capitalist crisis and world revolution
ON FRIDAY, the exchange rate of the dollar plunged down against other major world currencies and gold rose by 1.2 per cent to $638.5...
50-years since ending Bretton Woods and the end of the myth of capitalist stability
SUNDAY August 15 marked the 50th Anniversary of the collapse of the Bretton Woods Agreement which shattered any illusions about the ability of world...
Central banks cutting off ‘free money’ means a world economic crash for capitalism
NOT EVERY bourgeois economic commentator has swallowed the upbeat line peddled by central bankers that capitalism has weathered the storm of its economic crisis...
Nuclear India A Key Bush Ally
PRESIDENT Bush yesterday spent five hours in Afghanistan, most of it at the very heavily defended Bagram airport. He could not venture any further...
‘Gaza Humanitarian Foundation’ created by US and Israel as a tool to drive Palestinians...
LAST Wednesday, Israeli prime minister Benjamin Netanyahu repeated the Zionist regime’s intention to completely occupy Gaza and announced that a new US-backed aid distribution...