The extremely right-wing Modi-led BJP government has completed nine years in power, with elections scheduled next year. At this juncture, when we draw political perspectives, we need to assess the processes that have been unfolding […]
“We understand better now how little we understand about inflation,”[i] commented Jerome Powell, Chair of the US Federal Reserve (the Fed), when inflation reached its highest level since the late 1970s in 2022. At the […]
The new lease of life that world capitalism experienced after the collapse of the Stalinist states of Russia and Eastern Europe from the late 1980s has definitively run its course. Whatever the immediate perspectives are […]
Trade Unions’ Federation Must Provide Platform for United Actions against IMF’s Dictated Attacks and High Cost of Living. Ghana is in a serious debt crisis. The country defaulted on its external debts in December 2022 […]
The ongoing tensions between the United States and China have continued to escalate as the global economic crisis deepens. While the US economy is still the most powerful in the world, its dominance is being […]
The global and multi-faceted crisis of capitalism has entered a new phase with the turmoil in the financial markets and the collapse of banks in the US and Credit Suisse in Switzerland. It is likely […]
The following document was presented to and agreed by the International Executive Committee of the CWI, which held a meeting from 23-27 January 2023. Introduction. Not Like Other Crises. Tsunami of a Debt Crises. Amazon […]
“Liz Truss resigns after failed budget and market turmoil”; “more than 40% of mortgages withdrawn as market reels after mini-budget”; “Sunak says higher taxes and spending cuts needed to satisfy markets”. For a period of […]
We live in a world where historically undreamt-of wealth exists, where technology has been developed in a way that was only envisaged in science fiction, where enough food, shelter and the basics of life could […]
On 9 April 1992, the Conservative Party won a general election with a record-breaking 14 million votes. On 2 May 1997, it lost the next general election, with its standing shattered by the events that […]
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