Bank shares fall while AIG and HBOS live on borrowed time!
SHARE price collapses continued yesterday after the bankrupting of the fourth largest US investment bank, Lehman Brothers, and the ‘rescue’ of Merrill Lynch by...
North Korea Has The Right To Self Defence
YESTERDAY the British Foreign Secretary, Margaret Beckett, condemned North Korea’s testing of an intercontinental missile that when developed will have the capacity to deliver...
Knives out in the Labour cabinet mask a crisis of bourgeois rule
JUST three members of the Labour cabinet put out a statement on Saturday supporting their leader Gordon Brown. Chancellor Darling, deputy leader Harman and skills...
British Army To Brown – ‘Stand And Deliver’
THE armed forces chiefs have entered politics and are to present the government with a shopping list of purchases that it must make, or...
Bankrupt Britain is heading for revolution!
THE OECD has warned that the British capitalist economy is the sick man of the capitalist world and is currently experiencing a record fall...
GMB condemns Sedgefield council house privatisation
THE GMB Annual Congress has condemned the decision of the Labour government to privatise the council house stock in Prime Minister Blair’s own constituency,...
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...
Maliki Objects To US-Puppet Army Raid On Sadr City
YESTERDAY was the first day after the US ambassador to Iraq, Zalmay Khalilzad announced that he had given the Iraqi puppet government a timetable...
More ‘breadline poor’ after 10 years of Labour governments
The gap between the rich and poor has widened in recent years and is greater than at any time in the past 40 years,...
NATO gets ready for pre-emptive nuclear strike
NATO has developed a tactic for halting the ‘imminent’ spread of nuclear weapons or of other weapons of mass destruction. This is a formula tailor-made...
Billionaire steps in to bail out the Labour Party
LAKSHMI Mittal, the Indian-born billionaire has donated £2m to the Labour Party, it was revealed yesterday. The fifth richest man in the world, who owns...
British shoot to kill forces return to the North
THEY were withdrawn from the north of Ireland because there could not be a ‘peace process’ and a power-sharing regime while they were there,...
Brown’s empty words cannot hide he is the bankers’ man
‘I want to talk to you about a new settlement for new times. A fair Britain for the new age. . . my unwavering...
The Chagos Islanders Must Be Returned To Their Homes
YESTERDAY the Court of Appeal ruled that the Blair government had carried out an Abuse of Power when it overruled the assurance given by...
Rice supervises raising Middle East tensions
THE US through its secretary of State, Condoleezza Rice, who has been in the Middle East for a week, is working hard to raise...
Britain Heads For Revolutionary Situation
BRITAIN is now being run by a weakened and discredited Blair government, which is however determined to speed up its right wing course and...
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...
NHS pharmacy services under threat – warn unions
Unite is seeking an urgent meeting with Health Secretary, Andy Burnham ‘as NHS pharmacy services are threatened by a government decision’. Burnham is being asked to...
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...
The needs of profit making are a higher morality than bourgeois law
THE High Court yesterday ruled that the Serious Fraud Office (SFO) acted unlawfully by dropping a corruption inquiry into a £43bn Saudi arms deal....
Wall Street crashes. Capitalism goes over the brink!
LEHMAN Brothers and Merrill Lynch, two pillars of the capitalist world’s banking system, have gone. The first declared bankruptcy, after the US Federal Reserve...
Turkey Invades Northern Iraq
THOUSANDS of Turkish soldiers, backing a number of tank led armoured columns, crossed into northern Iraq on Thursday evening, after a massive artillery bombardment...
General Motors slashes workers’ healthcare
AMERICA’S largest manufacturing company, General Motors (GM), announced on Monday that its losses were $1.6bn in the three months to the end of September,...
Unions Must Take Strike Action To Stop ‘Son Of Star Wars’
THE real content of the ‘war against terror’ (a tool for promoting imperialist interests and for grabbing the world’s resources) has been proven with...
Blair listens only to the bosses
PRIME Minister Blair, despite all his vows about listening to the people – made outside 10 Downing Street on the day after the general...
Bush, Blair, Obama, And Cameron Are The War Criminals!
THAT the chief prosecutor at the International Criminal Court (ICC) is seeking arrest warrants against Libyan leader Muammar Gadaffi, his son and his brother-in-law, on...
Public sector pensions battle set to erupt
THE working class continues to pay a massive price for its reformist trade union leadership. This is completely committed to supporting the capitalist...
Bhutto Murdered By US Sponsored Military!
AT 6.16pm local time yesterday evening the Pakistani military assassinated Benazir Bhutto, putting a bloody end to the notion that there can be some...
Thousands Driven Out Of Their Homes!
AFTER the initial declarations of the British and other NATO forces that they were going to Afghanistan to win ‘hearts and minds’ through engaging...
US-UK Alliance Allowed Massacre Of Tamils
AT the minimum 20,000 Tamil people were massacred on the Mullaitivu beach ‘no fire zone’ by Sri Lanka Army shelling, in the first 19...
France And Germany On The Brink Of Explosion
THE German and French ruling classes are aghast that the worldwide financial collapse and deepening slump has resulted in an eruption of the class...
5.5 million households live in ‘fuel poverty’
THE number of UK households in fuel poverty rose by one million in 2009 to 5.5 million. The figures from the Department of Energy...
Put Blair On Trial!
THE Fern Britton interview with Tony Blair on the BBC yesterday, squashed all of the notions that are being peddled that Blair was just...
Obama hosts Afghanistan and Pakistan war summit
ON THE eve of a meeting between US President Barack Obama, the President of Afghanistan, Hamid Karzai, and Pakistan’s President Asif Ali Zardari in...
Police want to use water cannon and rubber bullets
THE Metropolitan Police is considering its tactics after the failure of its containment and ‘kettling’ policies in Parliament square last Thursday, when...
Defend Syria – bring down Cameron and Hague
GILLES DE KERCHOVE, the EU’s anti-terror chief yesterday told the BBC that hundreds of Europeans are now fighting with the counter-revolutionary forces in Syria...
State Raising Terror Tensions
ON SATURDAY night, the city centre of Birmingham, the second largest city in the country, was emptied of more than 20,000 people by the...
Capitalism can’t afford common retirement age or decent pensions
CAPITALIST Britain is being driven backwards, not forwards by the deepening crisis of capitalism and the policies of the Blair-Brown Labour government, dedicated to...
Racist laws must be smashed!
The uprising at Harmondsworth detention centre near Heathrow has badly shaken the crisis-ridden, reactionary Blair government. It began last Tuesday night and continued into Wednesday,...
Inflation up as Blair-Brown move to cut wages!
INFLATION in the UK is accelerating out of control. According to the latest Labour government figures which grossly underestimate the process the Consumer...
Balls’ conscription for 16 to 18 year olds
SCHOOLS Secretary and chairman of the Fabian Society Ed Balls, has already made his mark in Britain. Before he became a minister he was part...
Blair listens only to the bosses
PRIME Minister Blair, despite all his vows about listening to the people – made outside 10 Downing Street on the day after the general...
Blair skating on the thinnest of thin ice
PRIME Minister Blair has been secretly questioned, for a second time, by police investigating allegations that honours were sold for cash by his government....
Youth unemployment driving world socialist revolution
This weekend, the World Economic Forum meeting at Davos debated the issue of youth unemployment worldwide, a debate that exposed the mortal terror being...
Lift the ban on the Tigers – Stop the massacres of Tamils
SUPPORTED by the US, the UK and India the Sri Lankan army is bombing and shelling Northern Sri Lanka in a frantic, ruthless and...