Tag: china

SHARE price collapses continued yesterday after the bankrupting of the fourth largest US investment bank, Lehman Brothers, and the ‘rescue’ of Merrill Lynch by...

TWO thousand more jobs will go in Renault plants Europe-wide and 900 of them will be in France; the automobile manufacturer will announce the...

Wall Street shares fell 2.4% when trading opened in New York yesterday, in the midst of the financial turmoil caused by the bankruptcy of...

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...

THE nationalisation of the Fannie Mae and Freddy Mac mortgage finance companies by the ultra right wing Bush administration is a forced admission of...

‘The SCO (Shanghai Co-operation Organisation) countries face common threats in the form of America and NATO’, says the Iranian newspaper Resalat. Full members of...

The Brown government has so far this year handed over more than £200bn to cash-strapped banks, it was claimed by a leading Swiss banker...

Unidentified armed men arriving on a motorcycle hurled a hand grenade on Friday around 5:30am on the house of a Muslim teacher in Ea’raavoor...

Russian conductor Valery Gergiev has said he hopes a concert in Tskhinvali will help the world to see the ‘truth’ of what happened in...

GEORGIA’S latest actions are aimed at ousting Russian peacekeepers from South Ossetia and bringing a NATO police force there, Col-Gen Leonid Ivashov, former chief...

SIXTEEN US troops were killed in Afghanistan in July, more than were killed in Iraq! In fact, NATO casualties are mounting rapidly as...

‘THERE is a real sense in markets today of the economy falling off a cliff.’ That was the verdict of Michael Saunders, the chief...

THE resolution of the United Nations Security Council condemning violence in Zimbabwe, carried with both China and Russia voting for the motion, ...

FÎRST of all we saw the Bush-Blair attack on Iraq, whose strategic purpose was to expropriate Iraq’s oil in order to lower the world...

Russian Foreign Minister Sergey Lavrov on Friday warned against the use of force on Iran, saying there was no proof it was trying to...

MAY DAY MANIFESTO By the News Line Editorial Board THE NEWS LINE editorial Board sends its May Day greetings for the year 2008 to the workers...

Leon Trotsky OUR REVOLUTION Essays on Working Class and International Revolution 1904-1917 Collected and Translated by MOISSAYE J OLGIN Introduction 9. War or peace? This essay was published in the New York daily newspaper Novy...

THE outgoing US president, George W Bush, has spent the entire week pledging a Nato expansion eastwards, and that states such as Albania, Croatia,...

THE divided town of Mitrovica was in turmoil yesterday morning, after UNMIK police and KFOR troops, in a major provocation, stormed a local court...

Admiral William Fallon, commander of the US Mideast forces has resigned due to differences with the US president on dealing with Tehran. Fallon, said on...

TAMILNET reports that fatigue uniform clad armed men who came in a white van abducted a 16-year-old girl student last Monday night around 11.30...

THE Bank of England is acting like a rabbit frozen in the headlights of a powerful car. It knows that, this Thursday, it wants...

UK military chiefs are screaming for more money to be spent on defence, as a desperate imperialism is driven to launch more wars for...

FOREIGN Secretary Miliband declared to his audience, right at the start of his Oxford College speech last Tuesday evening, that ‘we’ must not let...

THE Prime Minister, Gordon Brown, was yesterday forced to deny that he was directly negotiating a ‘sweetheart’ deal with Virgin’s Richard Branson to allow...

BY THE NEWS LINE EDITORIAL BOARD THE NEWS LINE Editorial Board sends its revolutionary New Year’s greetings for the year 2008 to the workers and...

THE Iranian government has welcomed the US National Intelligence Estimate (NIE) report, to which all the US spying agencies contributed, which states that Iran...

The average UK price of unleaded petrol yesterday went over £1 per litre for the first time, as oil reached almost $100 a barrel...

THE decision of the governor of the Bank of England, Mervyn King to name and shame the Chancellor of the Exchequer, Darling, as...

ON Wednesday the world capitalist crisis deepened after the US Federal Reserve cut its interest rate from 4.75 per cent to 4.50...

IN OCTOBER 1917 workers took power in Russia. This is the 90th anniversary of the victorious October Revolution, the first time in history that the...

GOVERNMENTS around the world will be watching the House of Lords proceedings on 29-31 October which will determine whether they can...

IRAN has responded with a heroic defiance to the new economic sanctions imposed by the US ruling class that target its military defence, the...

A FOREIGN Ministry spokesman said in Tehran last Sunday that the allegations being made by US General David Petraeus were baseless. Petraeus said...

UNITED States President George Bush declared at the end of last week: ‘I call on all nations that have influence with the (Myanmar) regime...

HAMAS has condemned the latest Zionist decision on Wednesday to declare the Gaza Strip a ‘hostile entity’ and to cut off vital fuel and...

FOLLOWING the decision of the US federal Reserve Bank to reduce its interest rate by 0.5 per cent, double the expected 0.25 per cent...

GORDON Brown gave his first speech as prime minister to the TUC Congress in Brighton yesterday. He told delegates: ‘All of us must prepare for...

UAW car workers President Ron Gettelfinger last Thursday lifted the lid just a little on the lives of tens of millions of US workers,...

Edinburgh International Film Festival is the world’s longest running film festival, showcasing the latest and best of world cinema, with something for everyone. This...

President Mahmud Ahmadinezhad in Tehran on Wednesday voiced Iran’s readiness to share its nuclear achievements with other nations within the framework and under the...

France is considering further sanctions against ‘the members and support structures’ of the Iranian government over Iran’s nuclear programme, the French foreign ministry said...

‘One day after George W Bush asserted that the ‘fundamentals’ of the US economy are strong, the Dow Jones stock index plummeted by 387,...

THE strengthening of regional treaties is a key factor to prevent the promotion of a unipolar system of domination by the US, and would...

THE scandal of the gangmasters has caused uproar in the working class, but the leaders of the trade union movement are helping to cover...