Tag: banks
The judiciary seeks to bar the way! Open it up with...
YESTERDAY’S ruling by three High Court judges that the Tory government does not have the right to trigger Article 50 is the latest and...
With inflation set to quadruple, the working class must take...
UK inflation will quadruple to about 4% in the second half of next year and cut disposable income, the National Institute for Economic and...
Not just European banks but world capitalism is a ‘lost cause’
THE panic gripping the world capitalist class over the impending crash of the banking system reached another new level on Monday with the publication...
‘We’re the insurgents now,’ declares Tony Blair!
EX-LABOUR Premier Blair has summoned the anti-Brexit camp, that is the bosses, the bankers, the majority of Tory and Labour MPs and the majority...
End imperialist war through world socialist revolution
EIGHT hundred British troops, with tanks, armoured vehicles and drones are to be sent to Estonia in the Spring, on the border with Russia. The...
McDonnell refuses to even whisper the word ‘socialism’
A FEW short weeks ago at the Labour Party conference, the ‘left’ shadow chancellor, John McDonnell, proudly announced that the party would no longer...
BATTLE FOR ALEPPO DECISIVE FOR REGION says Hezbollah leader Nasrallah
HEZBOLLAH Secretary General Sayyed Hassan Nasrallah affirmed on Sunday that the battle against terrorist organisations in Aleppo is decisive for the entire region just...
Economic Crisis Deepening! More Austerity And A Banking Crash On The...
A LEAKED document obtained by the Labour Party has revealed that the Treasury faces a black hole of up to £16bn in its finances...
CETA collapse – now workers must end all capitalist trade agreements...
LAST Friday the much delayed CETA (Comprehensive Economic and Trade Agreement) between the EU and Canada hit a brick wall when the Belgium region...
Bring down the May government – nationalise the banks and major...
BEFORE the Brexit referendum on June 23rd the masses of British workers refused to capitulate to the vast barrage of propaganda from...
Iran Won’t Back Down In The Face Of Ever-Increasing Demands!
LEADER of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has called on Iranian authorities not to back down in the face of the United...
Carney steps up his anti-May war!
THE war between the governor of the Bank of England, Mark Carney, and Tory prime minister Theresa May was stepped up on Wednesday when...
Ecuador pulls the plug on Assange to help out Clinton!
ECUADOR has admitted that it ‘partly restricted’ the internet access for WikiLeaks founder Julian Assange, who is taking refuge at its London embassy...
The eurozone is a pack of cards ready to collapse, says...
THE man who is credited as the principle architect of the single European currency 14 years ago has just warned that his ‘project’ is...
Carney and May fall out on the high wire with ...
BANK of England Governor Carney has fallen out with PM May telling her that he will not take orders from politicians on what the...
Brexit crisis deepens reflecting the death agony of British capitalism!
THE British ruling class, far from recovering from the Brexit mutiny, when its chosen policy for saving British capitalism – that of ceding...
‘HANDS OFF OUR HOSPITALS!’ – demand campaigners marching on Downing Street
‘JEREMY Hunt hear us say, NHS is here to stay!’ and ‘One fight – we are all united!’ chanted campaigners fighting to save A&Es...
Hammond and Carney in ‘war games’
THE Tory Chancellor of the Exchequer, Philip Hammond, and the Governor of the Bank of England, Mark Carney, were forced to sit a test...
British capitalism hits the rocks!
IN THE early hours of last Friday, a seismic crash in the value of the pound against the dollar caused panic amongst the world’s...
If one guard is sacked the TUC must call the whole...
THE STRIKE of the Southern guards, which begins on Tuesday, is a pivotal struggle for the entire working class. What is under threat is...
Californian social workers strike!
MORE than 1,100 California social workers and eligibility workers conducted a three-day strike in Contra Costa County, then voted on Wednesday to extend their...
May’s speech exposes the weakness at the heart of the Tory...
THERESA May’s speech closing the Tory conference on Wednesday revealed all the weakness of the Tory Party – a party reeling from the mass...
THE TUC leaders who have deserted junior doctors and the NHS...
YESTERDAY the Tory offensive against not just junior doctors but the entire foundation of the National Health Service reached a ‘watershed moment for the...
May Peddles Tory Charade
YESTERDAY PM Theresa May set out her ‘vision for Britain after Brexit’ in a key note speech to their party conference in Birmingham in...
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...
PM May woos Labour’s right wing!
ON THE eve of the Tory Party Conference, with the party split from stem to stern over Brexit, Tory leaders have announced that they...
Corbyn intends to end the rule of banking class with regulations!
LABOUR leader Jeremy Corbyn wound up this week’s Labour Party conference with a speech that he insisted outlined policies for ‘socialism in the 21st...
‘Get ready for a General Election’ says Corbyn
‘TODAY we put ourselves on notice. Labour is preparing for a general election in 2017,’ said Labour leader Jeremy Corbyn concluding his hour-long speech...
South Korea – All Out Indefinite Strike Action By Twu!
THE Korean Public Service and Transport Workers’ Union began all-out indefinite strike action yesterday, alongside workers on the metros in Seoul and Busan, paralysing...
McDonnell wants a corporatist deal with the capitalists!
SHADOW Chancellor McDonnel’s speech to the Labour Party conference was remarkable for its lack of treatment of the crisis of capitalism. He focused...
Imperialist lies over Aleppo – a cover for their own war...
SUNDAY’S emergency meeting of the UN Security Council witnessed the orchestrated attack on the Syrian people and Russia by the imperialist powers. The meeting was...
Workers defeat Labour Party coupists with increased majority for Corbyn
313,209 Labour Party members and supporters with their leadership vote for Jeremy Corbyn, have driven back the right wing coup attempt that was underway,...
Charlotte becomes a class war zone! The US socialist revolution is...
THE US National Guard have arrived in Charlotte, North Carolina, with armed-to-the-teeth state troopers lining the streets and turning the city into a war...
Bank for International Settlements warns of full-blown banking crash
THE Bank for International Settlements, the central bank of central bankers, in its latest quarterly review of the world banking system has just issued...
MAY RETURNING TO CHILDREN BEING FAILURES AT ELEVEN! – as NUS...
DOES the PM really want to return to labelling children failures at the age of 11, the ATL asked yesterday. Answering the question the...
National Post Strike!
‘THOUSANDS of our Post Office members will strike next Thursday, against attacks on their job security and pensions and in defence of the Crown...
TORY AUSTERITY POLICIES ARE DESTROYING THE NHS says the BMA
‘AUSTERITY-LED changes of the past decade have stirred up a “perfect storm”. The Government in England shifts responsibility for providing services from the centre...
Build The Revolutionary Leadership In South Africa!
IN recent editions of the News Line we have reproduced in full a speech delivered by Zwelinzima Vavi, former general secretary of the Confederation...
In the drive to privatise, the Tories are abolishing the...
THE NHS is, in practice, being steadily and consciously abolished by the Tories as they drive relentlessly to the goal of a fully privatised...
Under the ANC ‘Wealth is shifting further into the pockets of...
THE following speech was given by the former general secretary of the Confederation of South African Trade Unions (COSATU), dismissed in 2015, and now...
Capitalist leaders have lost confidence in the system and are preparing...
THESE are fearful times for the leaders of EU capitalism. The fear factor is not just present in Brussels. Admiral Alan West, who...
Bankers dump the dollar and shares and crave for gold!
THE current heir to the Rothschild banking dynasty, Lord Jacob Rothschild, has pronounced that the game is up, the world’s central banks have shot...
Massive rise in homelessness!
A DEMONSTRABLE increase in homelessness, driven by the cost and availability of housing, has pushed the problem to such a level that a renewed...
MPs’ Committee blames councils over homeless and dodges government!
THE MPs’ Communities and Local Government Select Committee has said that homelessness is ‘undoubtedly increasing’ and that the scale is greater than statistics suggest. The...
Nationalise all Industry and Banks – not just Railways
THE demand for the re-nationalisation of the railways and public transport is becoming unstoppable, as workers and the vast majority of the middle classes...