US

USA: Default averted

After months of vicious manoeuvring between Republican and Democratic factions, the US Congress and president Obama agreed on a budget deal only hours before the deadline to raise the Federal government’s borrowing limit. Special financial […]

Economy

Eurozone: Last-minute rescue package

The package does little or nothing to reduce the unsustainable debt mountain or stimulate economic growth Special financial appeal to all readers of socialistworld.net Support building alternative socialist media Socialistworld.net provides a unique analysis and […]