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Eurozone Crisis Is Hitting Every Country

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IN a week when Greece and Spain witnessed massive strikes and demonstrations against austerity measures – designed to drive the working class and youth...

Ford’s Redundancies!

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UNITE’S leadership said it wants ‘full involvement’ in the negotiations over the axing of 275 managerial, supervisory and engineering jobs announced by Ford in...

Build the Fourth International throughout Europe

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YESTERDAY Greece was hit by a massive general strike with tens of thousands of workers marching in Athens demanding that there be an...

GREECE–Government days are numbered

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ATHENS riot police were firing rubber bullets and tear gas at workers and youth near to the Athens parliament building during yesterday’s general strike....

Lagarde admits crisis as deep as five years ago!

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IMF CHIEF Christine Lagarde opened her speech of last Monday in Washington with a dose of false optimism. She said: ‘Let me begin by saying...

GM jobs crisis hits UK-EU!

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THE week long closure of the two remaining GM owned Vauxhall plants in the UK at Luton and Ellesmere Port which started yesterday marks...

RML calls for Greek workers and small farmers government

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THE City Council of Acharnes, one the local councils of the Greater Athens area, with a population of over 100,000 voted on Thursday to...

Revolution Emerging All Over Europe

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THE Portuguese government has agreed to look for alternatives to th social security tax rise, just one week after huge anti-austerity street protests shook...

‘WE DON’T WANT EUROS AND DOLLARS WE WANT REVOLUTION’ – chant...

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DOZENS of Palestinian youth gathered outside the Ramallah offices of the European mission training the Palestinian police on Friday morning, to protest Europe’s policies...

Governor King Breaks Ranks With Osborne

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UK PUBLIC sector borrowing has hit a record high of £14.4bn. After more than two years of Tory austerity measures, the deficit for August...

US billionaire brothers are financing anti-union drive

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BILLIONAIRE brothers Charles and David Koch could be the poster boys for the big money special interests that are dumping hundreds of millions of...

Greece For Sale – Lock Stock And Barrel!

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AT the end of August the EU-imposed Greek prime minister, Antonis Sameras, announced to a disbelieving populace that the £9.3 billion cuts imposed on...

GREECE PLEADS FOR TIME TO REPAY LOANS – ‘EU exit would...

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THE EU-IMF-ECB-imposed Greek Prime Minister, Antonis Samaras, on Saturday called for more time to carry out savage austerity cuts, warning that a Greek exit...

Bosses ‘can hire and fire at will!’ – says Unison leader...

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TRADE unions yesterday reacted angrily to the latest attack on employment rights announced by Business Secretary Vince Cable. The TUC warned: ‘Government plans to reduce...

Federal Reserve Opens The Inflationary Floodgates!

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BANK SHARES rose rapidly yesterday with the news that the Federal Reserve Bank is to open up the inflationary floodgates and re-prop up the...

German bosses want Greece to be a giant Economic Zone –as...

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THE President of the German bosses association ASSON has called for Greece to be turned into a huge ‘Special Economic Zone’. Hans-Peter Keitel, President...

TUC VOTES FOR CO0RDINATED STRIKE ACTION TO DEFEND BASIC SERVICES, WAGES...

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TUC delegates at their Congress 2012 in Brighton on Monday voted unanimously for motions calling for coordinated strike action against cuts in jobs and...

‘We Have To Take The Fight To The Government – Bring...

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AFTER the successful lobby of the TUC in Brighton on Sunday, the Young Socialists held a meeting at 5.00pm of 100 youth and workers...

Co-ordinated strike action – unanimous vote at the TUC Congress

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DELEGATES at the TUC Congress 2012 in Brighton yesterday voted unanimously for composite Motion 1, which calls on the TUC to give its full...

‘Deliver General Strike’ urges PCS leader Godrich

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TUC delegates at the opening of the Congress in Brighton yesterday supported the Young Socialists lobby which demanded ‘Youth Demand a Future, Youth Demand...

Ecb Plan Sets Off Germany’s Alarm Bells!

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THE euro strengthened to a two-month high against the US dollar yesterday, as investors’ euphoria overflowed at the ECB’s plan to purchase bonds from...

Draghi proposes Central Bank dictatorship – while the German bankers warn...

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SPANISH 10-year bond yields fell yesterday to 5.77%, below 6% for the first time since May, while yields on the equivalent Italian bonds fell...

3.7m FAMILIES ARE JOBLESS!

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THE UK economy will contract by 0.7 per cent this year, the OECD said yesterday, in a sharply revised prediction from that made in...

Greek Workers Have No Alternative To Revolution!

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A LEAKED email sent to the Greek Ministries of Finance and Labour from the Troika mafia in Brussels says Greek private sector workers must...

The EU crisis is threatening catastrophe

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THE UN’S International Labour Organisation has issued a dire warning of the disaster that will follow on from Greece being evicted from the EU...

Food Prices Leap By 10%

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AVERAGE global food prices leapt by ten per cent in the month of July, raising fears of soaring prices for the planet’s poorest, the...

33% rise in Court Orders to evict private tenants – while...

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new figures show there has been a massive 33% rise in court orders to evict private tenants over the past two years. Housing charity Crisis...

Massive run on Spanish banks shakes the EU and the euro

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THE European Central Bank has reported that outflows from the Spanish banks reached 74bn euros (£59bn) in the month of July,...

New Axis Of Evil Threatens War With Syria!

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THE new axis of evil, the leaders of the US, France and the UK, have come together to threaten Syria with war, with US...

‘The situation… provides a historic opportunity to break free from the...

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SYRIAN deputy Premier Qadri Jamil, and Syrian Minister of State for National Reconciliation Affairs Ali Haydar have spoken on Damascus TV following their meeting...

IRELAND’S BANKS ARE REFUSING TO LEND –as Greece is urged to...

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EUROGROUP President Jean-Claude Juncker is in Athens for talks with Greek Prime Minister Antonis Samaras on whether the debt-laden country has the will to...

‘LAST CHANCE FOR GREECE!’ – Eurogroup President Juncker threatens Greeks

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‘IT’S the last chance – the Greek people need to know this.’ That was the threat of Eurogroup bully-boy President Jean Claude Juncker to the...

Greek PM pleads for the granting of a little breathing space

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THE GREEK BOURGEOISIE is now pleading for more time to repay its massive loans. The unelected Prime Minister, Samaras, who was selected...

July deficit alarms City!

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THE UK government borrowed £600 million in July to cover the gap between spending and revenue, the ONS reported yesterday. The city is aghast...

EU crisis meetings over Greece

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GREEK Prime Minister Antonis Samaras is holding meetings with German Chancellor Angela Merkel and French President Francois Hollande this week, in a bid...

Neither savage deflation or massive inflation but socialism!

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LABOUR’S last Chancellor, Alistair Darling, has urged the Tories to set about printing or borrowing even more money to finance growth. It must be remembered...

RAIL FARES SOARING BY 6.2 PER CENT – ‘a massive kicking...

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Rail unions, transport campaigners and passenger groups held a national day of action on Tuesday to protest against massive hikes in rail fares, widespread...

EU slumps while UK inflation rises!

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THE eurozone economy shrank in the third quarter from April to June by 0.2%, with France having a third consecutive quarter of no growth...

Mass sackings on way in bankrupt Britain

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IT’S ‘make or break’ time for UK manufacturing, according to the authoritative Chartered Institute of Personnel and Development (CIPD), an organisation not noted for...

‘We will never let imperialist powers destroy Syria’ – say Syrian...

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‘We’re here, the Syrian community, at this protest organised by Syrian Youth in Britain,’ Danny Makki, one of over 60 mainly young people outside...

7,500 migrants rounded up in Athens

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SINCE last Saturday the Athens-wide pogrom against immigrant workers, codenamed Xenios Zeus and carried out by thousands of armed police, has rounded up over...

Food prices surge will drive revolution!

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GLOBAL food prices rose sharply in July. The wild swings in weather conditions are responsible says the UN food and agricultural body. The July...

PCS ‘serious concerns’ over privatisation of government helpline – and RMT...

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PCS general secretary Mark Serwotka has written to home secretary Theresa May to highlight serious concerns over the privatisation of a government helpline and...

GLUM KING ADMITS TO SLUMP! – while EU rows over Greek...

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GOVERNOR Mervyn King announced yesterday that the Bank of England has cut its growth forecast to close to zero – from the 0.8 per...

King sees nothing but the ‘black cloud of uncertainty’

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THE Governor of the Bank of England yesterday poured gallons of ice cold water over the prospects of British and world capitalism. King cut the...