What is certain is that credit terms are tightening, bank lending will drop and companies in the productive sectors will find it increasingly difficult to raise funds to invest and households to buy big ticket items. That is going to accelerate economies into a slump this year.
It is undeniable that the situation for Palestinians has become more dire over the last decade. The Israeli state has shifted even further to the right. After decades of military occupation, polls and surveys suggest that about 60 percent of Jewish Israelis favour segregation from Palestinian Israelis, and that 60 percent identify as right wing (rising to 70 percent among those aged 18-24).
The emergence of mass mobilizations, during the “delicate” time of a pre-election period, is a rare phenomenon in Greek political history. And it seems like this will continue to be the case: Left-wing unionists are already pressuring for a new 24-hour general strike before the Easter holiday.
More work, less leisure, for lower real pay, in an increasingly insecure workforce, with growing pressure to work harder on the job, is the pattern as the capitalist class seeks to squeeze ever-greater levels of surplus value from its workforce.
Whatever happens in this one-party Democratic Party city—the third largest in the country and one of its leading transportation, manufacturing, and technology hubs—will have national implications.
A financial crisis not seen since the global financial crash of 2008 appears to be unfolding. What will be the response of the monetary and financial authorities?
This collision is inconceivable, given the technology at our disposal in the 21stCentury. Yet all systems of tele-command, and even the signal lights, were out of function. This is not a question of some general technological backwardness of the Greek State.
Just before the start of the Forum in the snow of the exclusive ski resort of Davos, Switzerland, the WEF published its Global Risk Report. It makes shocking reading on the state of global capitalism in the 2020s.
Three weeks after his arrest by the regime of President Daniel Ortega made international headlines, one of Nicaragua’s most renowned intellectuals, Oscar René Vargas, has been indicted by the government with “conspiracy to undermine national integrity” and other trumped-up charges.
On the roots of this situation lies the social question, the explosive growth of social inequalities as a result of Mitsotakis’ ultra-neoliberal economic and social policies. Austerity in Greece is devastating, pushing the actual income of working-class households below 50% of the corresponding average for member-states of the Eurozone.
A rapid end to the Peruvian crisis appears unlikely after the right-wing “soft coup” against President Pedro Castillo.
The uprising triggered by the murder of Jina Mahsa Amini stands out in its length, scale and radicalism. Its slogans attack the very essence of the Islamic Republic.
The progressives, with the Squad in tow, followed a well-worn path: set out a “progressive” position; pledge to hold fast to it; compromise with their mainstream opponents; vote for the mainstream “compromise” which drops the progressive position; then, after it passes with their votes, claim that’s what they wanted all along.
Despite the impact on the British public at a time of year when the health system is under extraordinary pressure, Britons are still firmly behind striking nurses. Two-thirds of the public support the strike action, a poll Tuesday from YouGov indicated.
Historically, students have been at the forefront of resistance to Communist Party rule. During the 1989 uprising, they played a leading role in the Tiananmen Square demonstrations, which acted as the social detonator for a nationwide strike movement. But after the movement was defeated, university campuses became tightly monitored and increasingly repressive.
