Tag: unemployment
There can be no return to Bretton Woods – world socialist...
AN ARTICLE in the Business section of the Daily Telegraph yesterday laid bare the historic depth of the crisis of world capitalism today. The article,...
Now’s the time to kick out Cummings and Tory government –...
IN A COMPLETELY unprecedented act of defiance Boris Johnson’s special advisor Dominic Cummings gave a press conference yesterday defending his conduct in breaking the...
Heroic Iran Breaks US Blockade Of Venezuela As Its Oil Tankers...
ON SUNDAY, the Iranian embassy in Caracas posted a video of the first Iranian oil tanker arriving in Venezuelan waters. ‘The first Iranian tanker...
Trump steps up his war against China! However the enemy of...
US PRESIDENT Donald Trump has stepped up his war against China. Trump said on Thursday the United States ‘would react strongly if China imposes...
Working Class In UK Requires A New And Revolutionary Leadership!
TORY chancellor Rishi Sunak dropped any pretence that British capitalism would stage a miraculous ‘bounce back’ when he confessed that the country faces ‘a...
Rolls Royce jobs massacre! – Unite calls for National Recovery Council...
THE UNITE trade union has responded to the news that Rolls Royce is to cut 9,000 jobs globally, 3,375 of them in the UK,...
Mass Unemployment And Poverty Is All Capitalism Has To Offer Workers...
THE NUMBER of people claiming unemployment benefit in the UK soared to 2.1 million in April – the first full month of the coronavirus...
Tories declare war on the teachers! The TUC must join with...
THE HEADLINE of The Sunday Telegraph’s editorial yesterday is very much to the point. It insists: ‘The teaching unions must be defeated,’ and continues,...
Only A Socialist Revolution Can Resolve The Crisis Of Capitalism!
THE DAY after official figures were released showing that the UK economy was crashing into the deepest depression for 300 years, the governor of...
Record Breaking Slump Will Lead To Socialist Revolution In The UK!
BRITISH capitalism is officially in recession as the Office for National Statistics (ONS) reported yesterday. In just three months, the UK economy shrank at a...
TUC And Right Wing Labour Are Supporting Driving Workers Back To...
PM JOHNSON’S drive to return workers to work, despite the coronavirus epidemic, announced in Parliament on Monday at 3.00pm has met with a split...
US and world economic crisis deepens as PM Johnson decides to...
THE CORONAVIRUS crisis is smashing up the US and world capitalist economy at a tremendous rate. The latest casualty is the electric car firm Tesla...
Deepest recession since 1706 – UK economy to contract 14% –...
THE BANK of England warned yesterday that the UK economy is heading towards its deepest recession on record, shrinking by as much as 14%...
EU Blowing Apart, Replace It With The Socialist United States Of...
THE EUROPEAN Commission yesterday issued a dire warning that Europe and the EU is suffering ‘an economic shock without precedent since the Great Depression’...
French mayors oppose ‘forced march’ to reopen schools!
MAYORS representing the Ile-de-France region, which includes the city of Paris, have called on President Emmanuel Macron to delay the reopening of schools until...
British Capitalism Is On The Rocks! All Life Support Attempts Are...
SUCH is the crisis of British capitalism more than half of the adult population, 27 million people, have had to be financially assisted by...
Trump seeks to blame China as he orders US workers back...
US PRESIDENT Donald Trump is seeking a scapegoat for the inevitable deaths of millions of people following a forced return to work while the...
Tories Seeking To End The Lockdown To Save Capitalism – While...
ACCORDING to the Johns Hopkins University count, the coronavirus pandemic has infected more than 3,402,400 people worldwide and has claimed the lives of at...
MAY DAY MANIFESTO – Corona crisis tips capitalism over the edge!...
Statement by the News LIne Editorial Board THE NEWS LINE Editorial Board sends its May Day greetings to the working class and the poor of...
‘South African mine companies exposing workers to risk of virus’ says...
THE KIMBERLEY Region of the NUM (National Union of Mineworkers) has expressed its disappointment and concern following the decision by Gwede Mantashe, South Africa’s...
BA sacks 12,000 workers while Unite and the GMB register their...
THE GIANT Unite and GMB trade unions have greeted the news that British Airways is to make 12,000 workers redundant with shock, dismay and...
UN poverty expert slams Tory ‘hypocrisy’ over austerity – end poverty...
THE UNITED Nations rapporteur on extreme poverty, Philip Alston, has issued a damning attack on the Tory government’s response to the coronavirus pandemic describing...
Bosses Demand Lift The Lockdown While Pensioners Are Locked In At...
WITH British capitalism up to its neck in hundreds of billions of debt, and with the middle class small proprietors ruined, the cry is...
UN Security Council Has Failed The Syrian
SYRIA’S UN ambassador says the UN Security Council has failed the Palestinian and Syrian people by not enforcing its resolutions on the Israeli occupation...
‘US jobs haemorrhaging’ 26m now unemployed
‘THE US economy is haemorrhaging jobs at a pace and scale never before recorded,’ Scott Anderson, chief economist at the Bank of the West...
The Death Agony Of Capitalism! Time For The Working Class...
ON MONDAY night, US President Donald Trump announced via a tweet that he would stop all applications from foreign nationals seeking permanent residence in...
11.7 million unemployed as British capitalism collapses – socialist revolution the...
AS MANY as 11.7 million people will be thrown out of work – either through being furloughed or simply being sacked – in the...
South African Farmworkers Facing Hunger Two Weeks Into Lockdown!
ON April 9th South Africa’s President Cyril Ramaphosa announced that the lockdown to disrupt the transmission of Covid-19 in the country would be ‘extended...
The Crisis Of Capitalism Is Making It Clear That The Working...
BRITAIN is in the grip of the deepest recession since records began putting the country on course for the biggest economic collapse since 1709...
Coronavirus ‘Running Wild In Care Homes!’
THE LATEST figures from the Office for National Statistics (ONS), which include every community death linked to Covid-19 in England and Wales, showed a...
Sunak warns capitalism is reaching a ‘tipping point’ – time to...
IN THE week after the hospital coronavirus death toll rose above 10,000, the lockdown measures are to be reviewed. Anticipating this review, Tory chancellor Rishi...
IMF predicts ‘worst economic fallout since the Great Depression’ – Only...
INTERNATIONAL Monetary Fund’s (IMF) managing director Kristalina Georgieva said yesterday: ‘We anticipate the worst economic fallout since the Great Depression.’ ‘Just three months ago, we...
Sanders concedes – Forward to the American socialist revolution
LAST WEDNESDAY, the US ‘democratic socialist’ Senator Bernie Sanders announced to his supporters that he was quitting the race to become the Democratic candidate...
Time To Put Demoralised Capitalism Out Of Its Misery With A...
‘THOSE of us in the economic realm must navigate blindly through the fog. We face a plausible spectrum ranging from V-shaped relief to L-shaped...
US commander dismissed after requesting help –137 sailors aboard aircraft carrier...
DEMOCRATIC lawmakers have formally protested against the Navy’s dismissal of the commander of the aircraft carrier USS Theodore Roosevelt, who requested urgent aid to...
Police shoot two SA nurses during Covid-19 transport confusion!
TWO SOUTH African Free State nurses were shot with rubber bullets by police last Tuesday in Welkom, the National Education, Health and Allied Workers...
Microsoft backs down from Israeli investment
AFTER eight months of campaigning to demand that Microsoft drop their investment in the Israeli facial recognition company AnyVision, the hi-tech giant finally announced...
China shows the way to defeat the coronavirus plague – while...
THE creator of the Universal Credit onslaught against the working class and the poor, Iain Duncan Smith has launched an attack on China in...
WTO warns that a bigger crash than 2008 is on the...
THE WORLD Trade Organisation chief Roberto Azevedo said on Wednesday that the economic collapse and job losses caused by the coronavirus pandemic would be...
Worst US unemployment since Great Depression – 3.3 million Americans jobless
FIGURES released yesterday show that 3.3 million Americans have filed for unemployment, the worst jobless figures since the Great Depression of the 1930s after...
Trump’s Economic Miracle Is A Bankrupt Mirage – US Workers Need...
THE US Federal Reserve Bank yesterday launched an unlimited money printing programme to try to halt the collapse of the US ‘economic miracle’, and...
Zimbabwe trade unions ‘itching for mass action’ to be paid in...
THE OPPOSITION Movement for Democratic Change (MDC) has joined forces with the Zimbabwe Congress of Trade Unions (ZCTU) to push for salaries in United...
South African workers fear a lack of health cover
COSATU – The Confederation of South African Trade Unions – has held a Central Executive Committee workshop to discuss a number of pertinent issues...
PARIS ERUPTS – as Macron’s pension attack goes to French Parliament
FRENCH unions brought the transport system to a halt again yesterday on ‘Black Monday’ the day the French parliament, the Assemblée nationale, began debating...
Industry collapses in UK under impact of capitalist crisis
THE UK economy stagnated with no growth in the last quarter of 2019, according to official figures from the ONS (Office for National Statistics). Gross...