Tag: unemployment
Narrow New Democracy Win – A Minor Breathing Space For Bosses!
IN CONDITIONS of polarisation, the conservative New Democracy party won Sunday’s crucial and vastly internationally significant Greek general election gaining 29.6 per cent of...
UK back to Victorian times
OXFAM warned yesterday that the ‘UK could return to inequality levels not seen since Victorian times’. Government rhetoric about ‘making work pay’ – used to...
Cuts In Child Poverty Reversed By Coalition!
Reductions in child poverty are being reversed by the Tory-LibDem Coalition’s onslaught on welfare benefits, a report from the Child Poverty Action Group (CPAG)...
‘We will negotiate with EC’ says Tsipras
THE Greek leader of the Coalition of the Radical Left (SYRIZA) Alexis Tsipras in an interview with the Athens left daily Avgi on Sunday...
SPANISH BANK BAILOUT WILL NOT HELP IRELAND says Finance Minister Noonan
THE Eurozone has agreed to lend the Spanish banks up to 100bn euros without demanding any austerity measures after Spanish Economy Minister...
100bn euros for Spanish banks! – 21,000 euros of new debt...
THERE was fury across Spain yesterday after prime minister Mariano Rajoy hailed a eurozone ‘lifeline’ of up to 100 billion euros ($125 billion) to...
BERNANKE READY TO ACT – to print hundreds of billions more...
US Federal Reserve chairman Ben Bernanke said yesterday that he is ‘ready to act’ on the US economy, hinting that the US is about...
Greek Youth Unemployment Now At 52.8%
THE Greek Statistics Authority (EL.STAT.) has announced that the official unemployment rate for last March rose to 21.9 per cent, a huge increase compared...
Panic reigns supreme under bankrupt capitalism
THE sense of panic and of impending doom is running wild amongst the international banks and the world bourgeoisie as they are forced to...
The Jubilee turns sour as capitalism crashes
THE Jubilee ‘celebrations’ have turned out to be a petty, momentary diversion for sections of the middle class, away from the real drama...
Slave Labour Jubilee!
LORD Prescott has demanded an inquiry into appalling treatment of unpaid ‘volunteers’ on the government’s slave labour ‘work programme’. They were bussed up to London...
Dire warnings for Europe!
BILLIONAIRE financial speculator George Soros warned yesterday that the German economy is going to totter in the Autumn, when the crisis will ‘come to...
Greek Workers Need Revolutionary Party!
TWO weeks before the Greek general election, due on June 17, Alexis Tsipras the leader of Coalition of the Radical Left (SYRIZA) last Friday...
Unemployment set to soar
UK bosses yesterday warned that the deepening UK slump will see unemployment soar further to 2.9 million next year. The manufacturing sector turned in its...
GAZA IS A BIG PRISON – says a former detainee
THE Palestinian Authority civil affairs minister said late Tuesday that Israel will return the bodies of 91 Palestinians buried in an Israeli cemetery on...
Media workers demand indefinite general strike
GREEKjournalists, printers, technicians and media office workers staged a 100 per cent successful national strike on Monday against wage cuts and mass sackings, demanding...
500 march to defend Hackney Commmunity College
OVER five hundred lecturers, students, local residents and supporters marched through the streets of Hackney last Saturday to defend Hackney Community college from a...
IMF Declares UK Economy going bust
The head of the International Monetary Fund (IMF), Christine Lagarde, issued the gravest warning yet on the state of the UK economy on Tuesday,...
‘work Experience’ On A Hospital Ward!
MOVES by a Midlands hospital trust to recruit unpaid ‘jobseekers’ to clean wards and ‘support patients through their hospital experience’ were condemned by a...
DELAY RATIFICATION OF FISCAL TREATY –urges ICTU leader Begg
Irish Congress of Trade Unions (ICTU) General Secretary David Begg has said that the Dublin government could delay ratification of the Fiscal Compact Treaty,...
German election crisis for Merkel
The economic and political crisis in the Eurozone countries is now firmly expressing itself in Germany, the dominant capitalist nation in Europe and the...
Queen’s speech intensifies coalition attacks on jobs pensions and basic...
THE Queen’s speech spelt out that her Tory-LibDem government is to step up its war against public sector pensions, continue to place the...
French and Greek workers reject austerity
The elections in France and Greece on Sunday demonstrated conclusively that Europe stands on the brink of a seismic revolutionary upheaval that will sweep...
Greek General Election Fury!
WORKERS and youth in Greece are set to deliver the biggest electoral blow ever this Sunday against the two main capitalist parties, the conservatives...
Vote For Livingstone! Get The Tories Out!
NEWS LINE urges all of its readers and supporters to vote for Ken Livingstone in the London Mayoral elections today, and to vote Labour...
Wrp May Day Rally Salutes Palestinian Hunger Strikers And World...
‘A socialist revolution in this country will open up the whole of the world,’ Frank Sweeney, the General Secretary of the Workers Revolutionary Party,...
500,000 WILL STRIKE ON MAY 10 – says Serwotka
Half a million workers will be taking strike action on May 10th, PCS general secretary Mark Serwotka told the mass rally at the end...
AUSTERITY–• eroding workers rights • driving up unemployment says ILO report
In light of the new International Labour Organisation’s (ILO) ‘World at Work’ report the International Trade Union Confederation (ITUC) is holding the world’s first...
No Performance-Related Pay In The Classroom!
THE House of Commons Education Select Committee yesterday tried to deliver a blow against the national pay agreements established by the teaching trade unions....
IMF-OECD demand even more wage cuts in Greece
In his Annual Report published last Tuesday, the Bank of Greece governor Yiorghos Provopoulos spelled out clearly what is demanded by the European Commission...
24.4% (5.64m) of Spanish workers are unemployed!
THE number of unemployed people in Spain reached 5,639,500 at the end of March, with the unemployment rate hitting 24.4%, with youth unemployment at...
Money worries the main concern of most students – NUS survey...
Interim results from the National Union of Students (NUS) ‘The Pound in your Pocket’ survey of students’ perceptions of financial support show that two-thirds...
GREEK GOVERNMENT GIVES 50bn EUROS TO THE BANKS
The present unelected Greek coalition government, of social-democrats and conservatives headed by banker Lucas Papademos has decided to fund with some 50bn euros the...
Production down, inflation up, pensioners savings destroyed – the ‘recovery’ so...
INFLATION may stay above 3% during the rest of this year, according to Paul Tucker, a deputy governor of the Bank of England. He...
‘We’ll strike again if need be’ – warn Swindon hospital workers
GMB trade union officers, representing 150 GMB members employed by Carillion at Great Western Hospital in Swindon, expect the company to reach conclusions by...
‘Disgusting plans’ to close Remploy factories
The GMB and Unite, the unions for Remploy workers, held a demonstration in Norwich town centre on Saturday against the government’s plan to shut...
Unemployment And Poverty Soaring!
THE Institute for Public Policy Research (IPPR) confirmed what people already know, when it predicted yesterday that unemployment is set to rise, this...
Christoulas makes his call for REVOLUTION!
A 77-YEAR-old Greek pensioner penned his political testament on Wednesday, before he blew his brains out in front of the Greek parliament, a parliament...
30th anniversary of Malvinas war – reject imperialist war hysteria
Yesterday marked the 30th anniversary of the Malvinas (Falklands) war, a war involving a tiny island with a population in 1982 of less than...
Savage Spanish cuts will stoke a fire that no firewall can...
THE Spanish government is to cut 27bn euros (£22.5bn) from its budget this year. Among the measures are the freezing of public sector...
Workers want the Tories out but don’t want Miliband and Balls...
THIS IS the message that is coming out of the Bradford West by-election where Respect candidate George Galloway was ‘unexpectedly’, out of the blue,...
MILLIONS STRIKE IN SPAIN! – against wage cuts & sacking legislation
Spain was gripped by a 24-hour general strike by millions of workers yesterday. It was called in protest against a new law making it...
‘We stand united to defend pensions’ -says NUT leader CHristine Blower
School teachers, further education college and post-92 university lecturers in London are taking part in a one-day strike and demonstration today as the next...
Cruddas scandal – ruling class split over Cameron leadership
The resignation by the chief Tory fundraiser and party co-treasurer, Peter Cruddas, late on Saturday gave one more glimpse into the corruption that lies...
Israel-Egyptian Military Seeking To Starve Gaza!
With shortages of electricity, water, fuel, cooking gas and medicine, a lack of economy and no infrastructure, the masses of Gaza are in a...