Tag: unemployment
Tax the rich! – urge SAFTU leaders as they condemn ANC...
The South African Federation of Trade Unions (SAFTU) last Thursday condemned the ANC, saying that there is no real difference on the economy between...
Investors Dump Stocks As Capitalism Crashes!
INVESTORS dumped stocks worldwide for a fourth day yesterday, ahead of US President Donald Trump unveiling a fresh round of tariffs, and mounting concerns...
Labour launches jobs massacre – savage benefit cuts and tax rises...
JUST two days after the Chancellor Rachel Reeves’ spring mini-budget ‘to grow the economy’ out of economic collapse, thousands and thousands of job losses...
Reeves budget drives split in party as Labour MPs fear anger...
LABOUR Chancellor Rachel Reeves denied that Wednesday’s Budget was anything other than a massive austerity attack on workers with the sick and disabled deliberately...
South Africa honours the 65th anniversary of the Sharpeville Massacre!
THE Congress of South African Trade Unions (COSATU) said on Friday that it joins millions of South Africans in honouring the 65th anniversary and...
Labour splits emerging as Starmer faces ‘mother of all rebellions’
FOLLOWING Prime Minister’s Questions session in Parliament on Wednesday left wing Labour MP Richard Burgon went on social media warning that Keir Starmer will...
Labour Taking Action To Make The Workers And The Poor Pay...
THERE is no doubt that Labour’s proposed benefit cuts are a ‘violation of workers rights’ which will harm ill, disabled and poorer workers in...
Labour targets disabled with £5bn cuts
LABOUR’S announcement of £5 billion a year benefits cuts to be snatched from one million disabled and mentally ill workers were denounced by trade...
Stock markets crash as capitalism drives into recession – Socialist revolution...
THE CRASH on the global stock markets carried on yesterday as the world financial markets reeled from the shock realisation that the once mighty...
Stock markets are in crisis – capitalism is reeling! Forward to...
THE carnage in overvalued US stock markets on Thursday saw billions of dollars lopped off share prices just days after president Donald Trump paused...
Labour Is Planning Big Welfare Cuts!
LABOUR Chancellor Rachel Reeves is planning to initiate a new regime of widespread welfare cuts, throwing thousands of sick, disabled and mentally ill off...
Youth are being hit the hardest by bankrupt capitalism!
SKY-ROCKETING youth unemployment figures just released reveal that nearly one million young people in the UK are not in employment, up from 500,000 in...
COSATU, FEDUSA and SAFTU unite to fight SA government
The Congress of South African Trade Unions (COSATU) and the Federation of Unions of South Africa (FEDUSA) said on Thursday that they welcome the...
‘Let us fight together to transform workers’ lives across the world!’...
COSATU President Zingiswa Losi addressed Day One of the South African trade union movement Conference in Cape Town on Tuesday: ‘Comrades! Brothers and Sisters!...
Starmer wants British boots on ground in Ukraine and to force...
IN ADVANCE of yesterday’s panic meeting of EU and UK leaders in Paris, Labour prime minister Keir Starmer announced that he is prepared to...
Bank of England issues warning as pound crashes
DITCHING his opposition to a new third runway at Heathrow airport on Thursday, Ed Miliband, the UK Energy Secretary, not only cravenly abandoned his...
Stock markets crash in US and across the world – socialist...
US PRESIDENT Donald Trump’s tariff increases imposed on China, Mexico and Canada come into effect today but already this has set off a massive...
12.7% electricity tariff increase will entrench poverty for millions says South...
The South African Federation of Trade Unions (SAFTU) said on Friday that it strongly rejects the National Energy Regulator of South Africa (NERSA’s) decision...
Greek workers and youth condemn government ‘murderers’!
A COLOSSAL anti-government rally took place in Athens last Sunday, called by the Association of Relatives of the Tempi Victims, demanding ‘justice’ for the...
Starmer gets pat on the head from Trump for Labour ramping...
THE cringing prostration of Labour prime minster Keir Starmer to US president Donald Trump finally paid off at the weekend when Trump condescended to...
Ramaphosa signs into law bill for land seizure with no compensation!
Cyril Ramaphosa, the South African President has signed into law a bill allowing land seizures by the state without compensation – a move that...
Trump boasts America is ‘greatest civilisation’ on Earth – while preparing...
Donald Trump’s speech at his inauguration as US president on Monday did not include a number of the crucial measures he insisted would be...
Bosses demand Labour government wages all-out austerity war on workers as...
THE UK’s main bosses’ organisation, the CBI, has turned on the Labour government with a vengeance over the increase in employers’ National Insurance Contribution...
Prices and unemployment increase as bosses demand workers pay the price...
OVER half of UK companies are planning to push up prices in the next three months according to the latest research by the British...
Latest revised official figures show British capitalism diving into recession –...
YESTERDAY the Office for National Statistics (ONS) revised down its estimates of the UK’s economic growth as measured by the country’s Gross Domestic Product...
British Capitalism Is On The Rocks And Needs Replacing With A...
THE BANK OF ENGLAND has issued a warning that not only will the bankrupted UK economy not grow in the wake of the Rachel...
Teamsters ballot for strike action after Costco rejected the union’s plans
The Teamsters union in the Unites States said on Thursday it will ballot its members about taking strike action after the supermarket chain Costco...
Trump pushes US and world capitalism into slump and recession
LEADING bourgeois economists are making doom laden predictions about the effect of Donald Trump’s pledges to ‘make America great’ through trade wars and expelling...
Answer Labour’s war on benefits with a general strike to kick...
Labour yesterday unveiled its much trailed ‘Get Britain Working’ plan, hailed by Starmer’s government as the ‘biggest employment reforms in a generation’, to drive...
‘If you can work you must work’ – Kendall
‘UNDER this Labour government, if you can work you must work,’ Work and Pensions Secretary Liz Kendall told the House of Commons yesterday. Launching the...
CBI bosses turn on Labour for not hitting working class harder
LABOUR Chancellor Rachel Reeves turned up at the annual conference of the Confederation of British Industry (CBI) yesterday to defend her autumn budget in...
‘For many Gazans hunger has become the deadliest weapon’
One child is killed every 30 minutes in the Gaza Strip, in the ongoing Israeli genocide that started on October 7th, 2023. This is taking...
Starmer Launches War On Benefits And Youth!
THE STARMER Labour government is launching its war on the sick, the disabled and the unemployed, with the youth particularly targeted, as it brings...
Greek workers general strike! March for pay rise waving Palestinian flags!
LAST Wednesday’s 24-hour general strike in Greece saw tens of thousands of workers, students and young people, many waving Palestinian flags, taking part in...
Huge Polytechnic Uprising anniversary march on Sunday – General strike across...
Greek students, youth and workers delivered a significant blow to the Mitsotakis government, the US-NATO imperialists, EU and Israel on Sunday. They staged a most...
Millions of UK households and children driven into poverty by bankrupt...
THE NUMBER of people living in poverty in the UK has shot up to 16 million – the highest level since records began in...
Reeves launches vicious war on all benefit claimants!
CHANCELLOR Rachel Reeves launched a vicious war on benefit claimants in her Budget yesterday, warning that she intends to take over the Tory ‘work...
Labour plans to transform the NHS into ‘Neighbourhood Health Service’ –...
THE NHS trade union leaders have given a muted response to Monday’s Declaration of War on the NHS by the Labour government. PM Starmer and...
Labour plan to drive sick back to work or off benefits...
PRESENT at Labour’s International Investment Summit on Monday were representatives from Lilly – the world’s largest pharmaceutical company. This coincided with an announcement from the...
Gaza’s annual report on Israel’s devastating war since October 7th 2023
THE Gaza Strip Government Media Office (GMO) has published its annual report about Israel’s devastating war on Gaza since October 7th, 2023. According to the...
‘It’s time to defend our social demands’ – CGT will propose...
‘SALARIES, pensions, public services, industry: our demands are those of the majority and must be implemented,’ says the CGT French trade union federation. It has...
NUMSA commemorates the mass murder of Marikana striking miners
LAST Friday, National Union of Metalworkers of South Africa (NUMSA) commemorated the mass murder of striking miners in Marikana, who were gunned down for...
Kenya teaching unions announce joint strike
TEACHERS in Kenya are to down their tools as unions KNUT, KUPPET announce a joint strike. Kenya Union of Post-Primary Education Teachers (KUPPET) chairperson Omboko...
Israel has killed 1.8% of Gazans in the last 10 months
The Palestinian Central Bureau of Statistics reported this week that the Israeli occupation forces have killed, in the ongoing genocide war on the Gaza...
Stock markets around the world crash as the US plunges into...
STOCK markets in Europe and Asia crashed yesterday morning as the international financial world suddenly woke up to the grim reality that US capitalism...