Germany’s two largest banks in merger talks, creating Europe’s biggest ‘zombie bank’
LAST weekend the two largest German banks, Deutsche Bank and Commerzbank, entered merger talks in a last desperate measure to delay a banking collapse...
Call indefinite general strike! Overthrow the 5th Republic! Forward to a Socialist France!
THE ‘YELLOW Vests’ who have been out on the streets of France every Saturday for over a year have joined forces with the mighty...
False start for Psaki in sanctions assault race!
US President Obama has not yet signed a bill clearing the way for more economic sanctions against Russia. The US State Department confirmed ...
Record Breaking Slump Will Lead To Socialist Revolution In The UK!
BRITISH capitalism is officially in recession as the Office for National Statistics (ONS) reported yesterday. In just three months, the UK economy shrank at a...
Defend General Practice by driving privateers out of the NHS and nationalising the drug...
THE head of the Royal College of GPs yesterday said that the job of full-time GPs was now ‘undoable’ owing to the huge pressures...
The working class will refuse to bail out the banks – only socialist ...
LLOYDS Bank, Britain’s biggest high street lender, yesterday announced that its profits for the first half of 2020 had been wiped out and that...
Trump victory shatters the Democratic Party and shows the US working class is...
THE Democrats lost the presidential election some time ago, when the party nominated Hillary Clinton for the presidency and pushed Bernie Sanders aside using...
‘Remainers’ Take The Struggle Onto The Streets – An Example That Workers Must Follow...
HUNDREDS OF THOUSANDS of ‘Remainers’ marshalled by the likes of billionaire George Soros and other speculators set out on Saturday to try to create...
Workers must bring down May government, break with the EU NOW and go forward...
THE Tory government and party is now split into warring groups, one of which is pursuing a leadership election to knife their leader May...
Privatising the Law
The disclosure over the weekend that two police authorities, West Midlands and Surrey, have started the process of privatising the police service in their...
Deutsche Bank on verge of catastrophic crash that will bring down world banks
THE GIANT German Deutsche Bank announced yesterday that it was slashing more than 7,000 jobs from its global investment arm as part of a...
Rates kept down – but inflationary leap and collapse ahead!
INTEREST rates were kept down at one per cent in the EU and at 0.5 per cent in the UK yesterday. The European...
Israel committed war crimes in Gaza, says Amnesty!
‘THERE is strong evidence that Israeli forces committed war crimes in their relentless and massive bombardment of residential areas of Rafah in order to...
Trump To Invite Netanyahu To His Inauguration!
PRESIDENT-ELECT Trump’s advisers are planning to invite Israeli Prime Minister, Benjamin Netanyahu, to the president-elect’s inauguration ceremony, so as to publicly stress just...
Trump steps up his war against China! However the enemy of the US workers...
US PRESIDENT Donald Trump has stepped up his war against China. Trump said on Thursday the United States ‘would react strongly if China imposes...
All Out Strike To Defend NHS! Nurses Must Get 15%!
NURSES, midwives and NHS workers around the country take to the streets again today to demand a 15% pay rise and they are extremely...
Macron demands dictatorship throughout the EU – UK must leave EU on March 29th!
FRENCH President Emmanuel Macron, currently fighting a civil war with millions of French workers, has proposed a series of ‘reforms’ that he says will...
Carney warning over banks ‘too big to fail’
UK economic output rose by 0.8% between July and September, official GDP figures show. The data adds to a 0.7% GDP rise in the...
Geneva Report Issues Dire Warning!
JUST six years after the beginning of the 2008 financial collapse – at a time when Cameron and Co. are talking about a recovery,...
With The Tories At Their Weakest Now Is The Time For A General Strike...
SATURDAY’S massive turnout for the trade union sponsored mass demonstration with its lead banner declaring ‘Not One Day More – Tories out’ has spread...
Tory counter-revolution must be defeated!
THE Tories yesterday announced that as part of the autumn anti-trade union legislation they will be stopping public sector workers automatically paying subscriptions to...
Employment Minister Boles Threatens The Trade Unions!
EMPLOYMENT Minister Nick Boles announced on Wednesday evening that the new anti-union legislation will govern industrial action in the fire, health, education, transport,...
Worldwide strikes against Amazon’s brutal exploitation of workers – socialist revolution only answer
WORKERS at the online retail giant Amazon warehouse in Minnesota were out on a six hours-long strike yesterday called to coincide with the company’s...
Obama tries to put a sticking plaster over the gaping wounds of US capitalism
US President Barack Obama has hailed the deal reached with the Republican Party to avert a ‘fiscal cliff’ of huge tax rises and spending...
Production and wages falling while ‘pay-day’ loan sharks boom as Christmas nears
THE UK’s industrial output fell 0.7% in October, its fastest fall for six months. It is now 1.7% lower than the same month in...
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...
Crisis-ridden US imperialism to stay in Afghanistan and send troops to Cameroon!
PRESIDENT Barack Obama has admitted defeat in Afghanistan and has decided to keep 5,500 US troops there when he leaves office in 2017, according...
Generals threaten coup against Macron as France and Europe face bankruptcy
LAST WEEK, an explosive letter from 25 senior retired French generals was published in the right-wing Valeurs Actuelles magazine threatening President Macron with an...
Universal Credit cannot be reformed – it must be scrapped through mass strike action...
MORE than 1.2 million people are on Universal Credit, while more than 100 new Jobcentres will be operating it by Christmas. Universal Credit is...
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...
Wages rising fast – a sick Tory joke!
THE food bank charity, the Trussell Trust says it has handed out 913,000 food parcels in the last year, up from 347,000 the...
Trump’s economic miracle is in fact a mountain of debt that US workers will...
IN HIS State of the Union address last week, US president Donald Trump boasted that under his leadership the American economy had undergone a...
With Parliament Ready To Defy The People Cromwell Becomes An Issue!
OFFICIALS in the House of Commons have installed a tamper alarm to stop Labour MP, Stephen Pound, turning a bust of Oliver Cromwell to...
Trump sends in US military
US PRESIDENT Donald Trump on Monday said he would deploy the US military to US states that don’t use the National Guard in sufficient...
Trade Unions must occupy hospitals threatened with closures! Come to the ATUA conference!
THE NHS is the battleground within which the class struggle in this country is being fought out to the finish. The Tory government plans...
BIS warning of global financial crash!
GLOBAL financial markets are dangerously stretched and may unwind with shock force as liquidity dries up, the Bank of International Settlements has warned. BIS boss...
Localism Act 2011 Being Used To Build Up An Army Of Homeless People!
UNDER the Localism Act 2011, councils were granted greater powers to restrict access to social housing. Vulnerable people are now unable to access social...
1 million forced onto Universal Credit while another 2 million get nothing – Tories...
THE NUMBER of people forced to claim Universal Credit soared by nearly a million in the past two weeks. According to the Department for Work...
Capitalism Gripped By Historic Crisis
THE world crisis of capitalism is being hit by a convergence of the crisis to which all the central banks, economists and politicians have...
As Syria burns the Israeli regime intensifies its repressions of the Palestinians
THE Palestinian Minister of Finance, Shukri Bishara, has just addressed members of the Ad Hoc Liaison Committee (AHLC) in New York, telling it that...
US imperialism prepares for a bloodbath to overthrow legitimate government in Venezuela
DURING an anti-government demonstration in Venezuela’s capital, Caracas, on Wednesday the head of the country’s National Assembly Juan Guaido launched a right-wing coup against...
Austria now Europe’s ‘Lehman Brothers’ nightmare
A ‘LEHMAN BROTHERS debt crisis’ in the heartland of Europe is how the news that a major Austrian bank collapsed last week was described...
‘Bully’ Hunt thinks that he can dictate to the doctors
FIRST they came for the working poor and the youth with their massive and continuing austerity cuts; then they came for the trade unions...
May Appeals To The People As The Eu Insists There Can Be No...
A DESPERATE Prime Minister May has written a letter to the nation asking the people of the UK for their support to pressurise a...
The answer to ‘Fat Cat Thursday’ – Socialist Revolution
THE MASSIVE gap in wealth between workers and the bosses has once again been highlighted in a new report which shows that the chief...