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UK Economy: the Great Depression

Britain is experiencing “the deepest recession and weakest recovery for 100 years,” according to Michael Saunders, an economist at Citigroup. Output has not recovered even half of what it lost…

No sunshine for Eurozone as crisis returns

The Eurozone crisis is the main immediate threat to world economic stability and could spark another worldwide recession. Now the 6 May elections have added a new political dimension, with…

A critical review of the anti-cuts movement

As we approach the second anniversary of the Coalition government coming to office, Workers Power conference looked back at the movement against austerity – not from the viewpoint of passively…

Economic outlook worsens as cuts deepen crisis

THE UK is facing a double dip recession, the first since 1975, according to recent economic data, writes Simon Hardy…

Eurozone crisis will get worse in 2012

Despite the best efforts of the French and German leaders, the Eurozone crisis is not going away, writes Andy Yorke…

German capitalists push for fiscal powers as second credit crunch looms

None of the problems from 2008 have gone away; in fact many have become worse, argues Richard Brenner. What are the European leaders planning next?…

The G20 didn’t stop the economic crisis: what comes next?

No matter what they try, nothing seems to work… The world leaders have gathered at the G20, and European leaders are having regular summits, but the economy is just getting…

Economic crisis – what’s next?

The world economy has so far failed to emerge from the crisis with any degree of health, Richard Brenner looks at the problems at the heart of the global system…

The euro could collapse

The prospects of a financial collapse in one more more country in Europe could well see the end of the Euro, writes Richard Brenner…

Fact and fiction: politics behind the deficit debate

Are the cuts about ideology or necessity? Many on the left have argued they have more to do with Tory politics than raw economic necessity, a case put forcefully by…

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