Tag: unemployment

THE BANK of England warned yesterday that the UK economy is heading towards its deepest recession on record, shrinking by as much as 14%...

THE EUROPEAN Commission yesterday issued a dire warning that Europe and the EU is suffering ‘an economic shock without precedent since the Great Depression’...

SUCH is the crisis of British capitalism more than half of the adult population, 27 million people, have had to be financially assisted by...

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...

US PRESIDENT Donald Trump is seeking a scapegoat for the inevitable deaths of millions of people following a forced return to work while the...

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...

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...

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...

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...

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...

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...

WITH British capitalism up to its neck in hundreds of billions of debt, and with the middle class small proprietors ruined, the cry is...

‘THE US economy is haemorrhaging jobs at a pace and scale never before recorded,’ Scott Anderson, chief economist at the Bank of the West...

ON MONDAY night, US President Donald Trump announced via a tweet that he would stop all applications from foreign nationals seeking permanent residence in...

AS MANY as 11.7 million people will be thrown out of work – either through being furloughed or simply being sacked – in the...

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...

BRITAIN is in the grip of the deepest recession since records began putting the country on course for the biggest economic collapse since 1709...

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...

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...

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...

LAST WEDNESDAY, the US ‘democratic socialist’ Senator Bernie Sanders announced to his supporters that he was quitting the race to become the Democratic candidate...

‘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...

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...

TWO SOUTH African Free State nurses were shot with rubber bullets by police last Tuesday in Welkom, the National Education, Health and Allied Workers...

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...

THE creator of the Universal Credit onslaught against the working class and the poor, Iain Duncan Smith has launched an attack on China in...

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...

THE WORLD Trade Organisation chief Roberto Azevedo said on Wednesday that the economic collapse and job losses caused by the coronavirus pandemic would be...

THE US Federal Reserve Bank yesterday launched an unlimited money printing programme to try to halt the collapse of the US ‘economic miracle’, and...

THE OPPOSITION Movement for Democratic Change (MDC) has joined forces with the Zimbabwe Congress of Trade Unions (ZCTU) to push for salaries in United...

COSATU – The Confederation of South African Trade Unions – has held a Central Executive Committee workshop to discuss a number of pertinent issues...

FRENCH unions brought the transport system to a halt again yesterday on ‘Black Monday’ the day the French parliament, the Assemblée nationale, began debating...

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...

THE UNVEILING of the so called ‘Deal of the Century’ is yet another disgraceful act by the Trump Administration, today, said the US Palestinian...

US PRESIDENT Donald Trump’s address to the annual get together of politicians, billionaires, bankers and other assorted ‘running dogs’ of capitalism at the World...

LEBANON erupted over the weekend with renewed clashes between thousands of demonstrators and security forces on Sunday following violent clashes in Beirut on Saturday...

OVER 250 million workers staged a day-long general strike in India last Wednesday, and demonstrated their opposition to the government of Narendra Modi. Banking and...

PROTESTS and the occupation of schools marked the beginning of the week in Chile, where the University Selection Test (PSU, in Spanish) was scheduled...

THE News Line Editorial Board sends revolutionary greetings for 2020 to all our readers, and to the working class, youth and the poor who...

THE Zimbabwe Congress of Trade Unions (ZCTU) has bemoaned a tough 2019, describing the entire 12 months as ‘annus horriblis’ (Latin word meaning very...

THE News Line is pleased to reproduce the Christmas and New Year statement by the South African Federation of Trade Unions (SAFTU), edited for...

ISRAELI warplanes at dawn yesterday launched a series of airstrikes against several posts across the besieged Gaza Strip, causing extensive material damage. WAFA’s correspondent reported...

HOURS after winning the December 12 election, Tory leader Johnson at the Queen Elizabeth II Centre in central London announced that ‘We now speak...

LABOUR’S defeat in the 2019 general election is a historic one, since its central feature was the way that the safest Labour seats in...

TENS of thousands of school and university students demonstrated last Friday in Athens and in all Greek major cities against the oppression and violence...