Tag: unemployment

IN his letter to Chancellor Osborne, the Bank of England governor Kings asks: ‘Why has inflation moved away from the target?’ His answer is: ‘three...

At Iraq’s state-owned North Oil Company (NOC) on Saturday a demonstration of 300 day workers warned they would go on strike if their work...

YESTERDAY’S inflation rate figures for January are not a shock, in fact, they are an understatement of what the real inflation rate is, as...

TORY prime minister, David Cameron, launched a desperate attempt yesterday to try and convince an incredulous public that his ‘Big Society’ policy is something...

THE chief PLO negotiator has presented his resignation to the Palestinian president and PLO leadership, officials in Ramallah announced Saturday. Saeb Erekat resigned because of...

Over 2,000 celebrated the ousting of Egyptian president Hosni Mubarak at a rally in Trafalgar Square, central London, on Saturday organised by Amnesty International...

MUBARAK has gone, while the revolution that removed him, at the cost of hundreds of dead, is continuing to develop. Workers and the middle...

The UN Relief and Works Agency (UNWRA) has called for ending the Israeli siege on Gaza Strip to end the suffering of its inhabitants,...

ACCORDING to the latest figures, factory input inflation – that is the increase in raw materials paid for by manufacturers – rose by a...

YESTERDAY, millions of Egyptian workers and youth, from Alexandria to Cairo’s Tahrir Square and the city of Luxor and Ports Said and Suez, marched...

‘THIS IS our revolution, Mubarak is a tyrant, not a president any more!’ said angry Egyptians demonstrating in Cairo’s Tahrir Square on Tuesday. The chanting...

TEN thousand workers and youth marched through the centre of Manchester to a rally in Platts Fields on Saturday, against the Tory-Lib Dem coalition’s...

The regime of Hosni Mubarak is finished, crushed by the millions of workers, middle class, poor and – most importantly – the youth who...

THE TUC met yesterday afternoon to discuss pay and pensions and the planned mass demonstration and day of action on March 26 against the...

Egyptian President Hosni Mubarak called on the army to take charge of security along with the riot police after hundreds of thousands of Egyptians...

TEACHING unions on Thursday slammed the government’s Education Bill. The NASUWT said it was a Bill that ‘has all the hallmarks of being conceived by...

BANK of England Governor King’s insistence that nothing must be done to prevent the squeeze in living standards down to 1920s levels, has...

THE UK capitalist economy slumped in the fourth quarter of 2010, contracting by 0.5 per cent, instead of the meagre 0.5 per cent growth...

AFTER the resignation of the Foreign Minister and four other members of the Irish cabinet, the Prime Minister, Cowen has resigned as the...

THE ARAB leaders meeting on Wednesday at an economic summit in Egypt’s resort of Sharm el-Sheikh expressed ‘fears’ that poverty, unemployment and recession, coupled...

UK unemployment rose by 49,000 to almost 2.5 million in the three months to the end of November, the Office for National Statistics (ONS)...

THE government revealed yesterday that inflation shot up in December with CPI inflation reaching 3.7% (up from 3.3%), and the RPI rate, which...

The coalition government will be forced to accept this month that the bank bailout has more than doubled the size of the Public Debt...

Thousands of Jordanians took to the streets of Amman and other cities on Friday to protest against soaring commodity prices, unemployment and poverty, calling...

THE Bank of England’s Monetary Policy Committee yesterday kept rates at 0.5%. Inflation however is continuing to rise as world oil, wheat, meat, cotton and...

TUNISIAN President Ben Ali has dismissed his interior minister and ordered the release of most of those detained during the current clashes over food...

BY MIKE DRIVER LEON Trotsky’s analysis 1789-1848-1905 is contained in his 1906 book Results and Prospects. This was written while he was in prison awaiting trial...

THE United Nations is warning of disturbances and revolutions in developing countries worldwide as its food price index hits an all-time high. The UN’s food...

THE increase of VAT from 17.5 per cent to 20 per cent today will mean destitution for millions of unemployed and low paid workers...

IRISH capitalism, its banks and industries have been entirely bankrupted, and what national sovereignty the country had has also been destroyed, after the...

THE News Line Editorial Board sends its revolutionary greetings for the New Year of 2011 to all of our readers and...

‘WORKING people in the UK can help stop the Conservative-led coalition from taking a wrecking ball to the fabric of daily life.’ This is the...

‘Working people in the UK can help stop the Conservative-led coalition from taking a wrecking ball to the fabric of daily life’, say the...

THE news last week that more than 100 cities in the United States are set to go bankrupt in the new year spells complete...

Not only did Congress give zillionaires billions of dollars in tax breaks, they also told the people at the bottom of the economic ladder,...

THE Greek Socialist Party Prime Minister, Yiorghos Papandreou, told his party’s parliamentary deputies last Saturday that ‘no one likes emergency procedures but we are...

THE Thatcherite dream of creating a nation of home owners is already a nightmare for millions struggling to make their mortgage repayments. It is...

‘Public sector job losses are coming thick and fast. Councils in particular are bringing forward job losses in order to cope with the deep...

UNEMPLOYMENT is set to rocket, over and just after Christmas, when up to 100,000 public sector workers are to get their redundancy notices so...

The latest official unemployment figures published yesterday show an unexpected increase of 35,000 in the three months to October. The number of young people...

YESTERDAY saw the Tory-led coalition finally unveil its so-called ‘Localism Bill’, which is central to its plans to make massive cuts in local government...

Tens of thousands of school and university students and workers participated in profoundly anti-government mobilisations in all Greek cities last Monday. The demonstrations marked...

COSATU President Sidumo Dlamini addressed the COSATU union federation’s 25th anniversary celebration last Sunday. He told his audience: ‘Comrades and friends, we are here today...

The euro fell sharply in morning trading yesterday, as bond yields on the debt of eurozone periphery countries began to push higher. This came after...

ED Miliband’s speech to the National Policy Forum was devoted to the theme that Labour, while ‘going beyond’ the completely discredited open worship of...