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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 rich get richer…

DIRECTORS OF the FTSE 100 – the top 100 British companies – saw their incomes rise by an average of 49 per cent last year, while for the rest of us…

… and the poor get poorer

CHANCELLOR GEORGE Osborne famously claimed that, “We’re all in this together.” But when it comes to wealth and living standards, this simply is not true. Price rises are outstripping wages…

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…

What is wrong with Europe?

THE GREEK economy accounts for only 2 per cent of EU GDP. If the EU were a single economic entity, like the United States, transferring some funds to pay off…

World economy at tipping point into recession

CAPITALISM IS staring into the abyss of a new recession.  The recent bail-outs of banks and countries assumed that the major economies would revive in the near future. They have not. Stagnation…

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