Tag: banks
US dollar is in free fall – now is the time...
GOLD prices fell back five per cent on Thursday after peaking at a record $5,500 an ounce on Monday as speculators took their profits...
Iran rebuffs Israel’s use of Hitler’s ‘Big Lie’ technique
IRANIAN Foreign Ministry spokesman Esmail Baghaei says the Israeli media is running a campaign of fabricated stories regarding casualties in recent terrorist riots in...
Labour splits apart as Starmer fights for survival
THE civil war that has been simmering within the Labour Party erupted this weekend following the decision by Labour’s ruling National Executive Committee (NEC)...
Ringleaders of foreign-backed riots arrested in Iran!
The Islamic Revolution Guards Corps (IRGC) forces have identified and arrested ringleaders and terrorist elements involved in the recent foreign-linked riots in Iran’s southwestern...
UK, US And EU Workers And Youth Must Support Iranian Revolution...
FRESH from his failure to grab Greenland US President Donald Trump has turned his attention to the Iranian Revolution and issued his warning to...
Iranian masses mobilise against US-Israeli aggression
FRESH from his failure to grab Greenland US President Donald Trump has turned his attention to the Iranian Revolution and issued his warning to...
Trump turning US into a ‘banana republic’ after threats of criminal...
US PRESIDENT Donald Trump was accused of turning the US into a banana republic over the threat of legal charges being brought against the...
3-million-strong Tehran rally!
IRAN’S President Masoud Pezeshkian yesterday hailed the ‘magnificent and epic’ presence of millions of Iranians in nationwide rallies on Monday. In a message to the...
US imperialism is on collision course with the rest of the...
IMMEDIATELY following the US illegal attack and kidnapping of Venezuelan president Nicolas Maduro last Friday, the Trump administration has placed US imperialism on a...
Trump Wants Military Action To Seize Greenland! Trade Unions Must...
THE White House has announced that US President Donald Trump is considering using the US military to grab Greenland as a ‘national security priority...
UK living standards ‘to fall behind Malta’ as UK capitalism crashes...
ON Monday, the Office for National Statistics (ONS) published its latest updated figures which showed that the average person now has £38 less to...
TUC must support doctors strike and NHS by calling a general...
Resident doctors began five days of strike action yesterday following the overwhelming rejection, 83% to 17%, of Labour health secretary Wes Streeting’s latest pathetic...
BMA Is Hoping For NHS Deal While The Labour Government Is...
THE British Medical Association (BMA) is calling on the Health Secretary, Wes Streeting, to focus his time and attention on offering a deal that...
Bank of England warns global financial crash is coming!
Last week, the Bank of England issued another of its increasingly strident warnings that a ‘sudden correction’ in the value of major technological companies...
Answer Labour plans to drive youth off benefits with a general...
UNEMPLOYED youth are once again the number-one target for a Labour government, determined to slash the UK’s benefit spending. A year ago, Labour unveiled its...
Labour says ‘full speed ahead’ with police state measures – The...
GOVERNMENT plans to expand the use of ‘Orwellian’ live-facial recognition camera surveillance to every town and city in England and Wales will allow dangerous...
EU Warmongers Getting Ready For War – As The Capitalist Crisis...
RUSSIAN leader Vladimir Putin said yesterday that ‘Europe is offering proposals for a “peace plan” for Ukraine that are unacceptable to Russia.’ He added that:...
Recall TUC Congress to elect a new leadership prepared to defeat...
PM Starmer’s latest policy U-turn, of abandoning the protection against unfair dismissal from day-one for new employees in the Employment Rights Bill, created a...
The collapse of living conditions in the Gaza Strip is accelerating
TWO major humanitarian alerts issued on Tuesday and Wednesday underscored the accelerating collapse of living conditions in the Gaza Strip, where tens of thousands...
Labour Budget Hits Out At The Low Paid
LABOUR Chancellor Rachel Reeves announced National Insurance (NI) and income tax thresholds will be frozen for an extra three years beyond 2028 in her...
Labour leaders split over increasing income tax and abolishing welfare state!
YESTERDAY’S ‘bombshell U-turn’ over PM Keir Starmer’s and Chancellor Rachel Reeves’ budget plans not to increase income tax has exposed the civil war in...
Labour government is splitting apart – Remove it and go forward...
THE civil war in the top leadership of the Labour government erupted in public this week after briefings to the press from Prime Minister...
Labour government splits over ‘class war plan’ to raise income tax...
MAJOR splits have emerged in the Labour government Cabinet over PM Keir Starmer’s and Chancellor Rachel Reeves’s class-war plans to raise income tax rates...
Mass picket at British Library
‘What do we want? Fair Pay!’ ‘When do we want it? Now!’ chanted a mass picket of over 150 PCS strikers outside the British...
Election of Zohan Mamdani as New York Mayor sends shock waves...
THE election of Zohan Mamdani as mayor of New York City on Tuesday has sent a massive shock wave throughout the administration of President...
Nigerian national health strike from 14th November
NIGERIA’S Joint Health Sector Unions, JOHESU, and the Assembly of Healthcare Professionals (AHP) will take part in a national health strike from midnight on...
Reeves declares war on Welfare State
LABOUR Chancellor Rachel Reeves warned yesterday that she intends to launch the biggest ever attack on the working class, the youth and the Welfare...
Britain’s national debt has tripled – as the UK economy breaks...
THE British National Debt has almost tripled in the period between 2005 and 2025, outpacing all the other major capitalist states. Britain now has a...
3,200 Boeing workers vote to extend indefinite strike
Boeing workers in the International Association of Machinists and Aerospace Workers (IAM) union at three midwest plants where military aircraft and weapons are developed...
Demands ramped up for Labour to slash pensions, benefits and NHS...
THE DEMANDS for the Labour government to slash all government spending on welfare is reaching a crescendo in the run-up to Chancellor Rachel Reeves’...
NATO plans for war on Russia as capitalism crashes! Forward...
IN WHAT was described as a ‘historic first’, a UK navy destroyer, HMS Duncan, was placed under the direct command of NATO and ordered...
‘We’ve got to get beyond the limits of capitalism’ say SAFTU...
TRUE empowerment lies beyond the limits of capitalism, says SAFTU, the South African Federation of Trade Unions. A statement issued on Tuesday on behalf of...
Capitalism Is In Its Greatest Ever Crisis. Now Is The Time...
DURING stock market trading last Friday more than £12.8bn was wiped off the value of the UK’s bank stocks as the rumours of ‘bad...
With stockmarkets crashing it is time to smash capitalism and go...
AMID world stock markets crashing, and the head of the IMF revealing she has ‘sleepless nights’ over the dangerous risks of collapses in the...
Capitalist financial markets instruct Reeves to make billions of pounds cuts...
THE Institute for Fiscal Studies (IFS), an influential independent economic think-tank that dispenses ‘advice’ on financial matters to the government, has weighed in this...
World bankers meet in Washington as crisis erupts across the capitalist...
THE JOINT annual meeting of the International Monetary Fund (IMF) and the World Bank is taking place in Washington this week under conditions of...
National emergency declared in NHS as waiting lists soar!
Senior NHS doctors declared a state of national emergency in the NHS yesterday as waiting lists soared, with thousands of patients being treated in...
Bank of England warns that the AI stock market bubble is...
THE Bank of England on Wednesday warned of a growing risk of a ‘sudden correction’ in the world stock markets. The massive Artificial Intelligence...
French PM resigns after just 3 weeks! – hundreds of thousands...
FRANCE’S Prime Minister Sébastian Lecornu was summoned back to the Élysée presidential palace in Paris on Monday afternoon just hours after his shock resignation...
Hundreds of thousands across Europe march for Palestine
HUNDREDS of thousands of workers and young people took to the streets across Italy on Friday in a general strike organised by the CGIL...
Starmer forced to condemn the racist police force – Disband it...
FRESH from the Labour Party conference on Thursday, the Prime Minister Kier Starmer was forced to condemn the ‘shocking’ racism and misogyny in the...
Labour Mayor Andy Burnham reveals Labour MPs want him to oust...
THE Labour Mayor of Manchester, Andy Burnham, in an interview with The Daily Telegraph newspaper yesterday said that many Labour MPs have been privately...
Labour government forced to borrow £18 billion last month as UK...
SPIRALLING public spending and interest payments on government debt have forced Chancellor Rachel Reeves to borrow £18 billion last month, the highest August figure...
Terrified financial investors dump UK stocks – time for a general...
US President Donald Trump rolled into Britain on Tuesday night, his second state visit as President, to bask in the adulation of PM Keir...
UK must follow Ireland’s lead and organise general strike action in...
RTE, Ireland’s national broadcaster, announced on Thursday that Ireland will not take part in next year’s Eurovision song contest if Israel is a contestant,...