CWI | Socialist World Media

World Economy

Fractured world economy, AI asset bubble – heading for a crash?

November 3, 2025 Philip Stott, from the Socialist Party Scotland (CWI) website

“As things stand, there are enough bubbles that are set to burst within a year. When they do burst they will cause significant economic disruption. The fallout won’t lead to a 1929-style crisis, and it [...]
Austria

AUSTRIA | Government Plans Cuts – Unions and the left must mobilise and fight!

November 1, 2025 Laura Rafetseder, Sozialistische Offensive (CWI Austria)

The Austrian ruling coalition of conservatives (ÖVP – People’s party), social democrats (SPÖ) and liberals (NEOS), formed in March this year six months after a general election, is implementing an austerity package totalling 15 billion [...]
Argentina

Javier Milei, Argentina’s right wing ‘libertarian’ president, achieves resounding victory in midterm elections

October 30, 2025 Hugo Rodriguez and Pedro Albornoz (CWI Chile)

Javier Milei, Argentina’s right wing ‘libertarian’ president won the country’s 2025 midterm elections, significantly strengthening his political position and ability to push forward with his reactionary economic policies. Hugo Rodriguez and Pedro Albornoz look at [...]
Romania

ROMANIA | Students at Babes Balyai University, Cluj, protest over facility re-location

October 29, 2025 Andi Mureșan

In the new Romania of acute austerity, the government seems overwhelmed by inner division while locked in a conflict with the judiciary. At the same time, important student struggles have taken place, with mixed results. [...]
Book review

Taming the beast or changing the system? ‘Capitalism and its Critics’, by John Cassidy

October 28, 2025 Book review by Niall Mulholland

There is growing and widespread dissatisfaction with capitalism worldwide. Economic models that dominated the post-WW2 decades — Keynesian social democracy and later neoliberal globalization — are seen as having run aground. The system today is [...]

Iran war: Not liberation, not security, it’s a regional mega‑terror attack with global shockwaves

March 23, 2026

Trump and Netanyahu are inflaming the Middle East, shockwaves are striking the global economy. The imperialist war declared on Iran and Lebanon is a blow to the security of the masses throughout the region and […]

War in the Middle East and its dangers for an already weak world economy

March 21, 2026

At the beginning of this year, the world economy seemed to develop in a promising direction, according to some analysists. The IMF revised its forecast from October 2025 upwards and cited a “resilient growth”. However, […]

War on Iran escalates, with global consequences

March 19, 2026

The war launched by the Trump/Netanyahu axis has plunged the world into its deepest state of turmoil since the 1973 oil crisis. It is a war aimed at recalibrating the relations in the Middle East […]

Tens of Thousands March Again Against ICE

February 1, 2026

Once again, tens of thousands participated in a march through downtown Minneapolis on January 30th as part of a “shutdown” against ICE and state repression. Over 300 actions were planned across the country. This time, wrongly, there […]

EYEWITNESS | The Minneapolis Anti-ICE ‘General Strike’

January 24, 2026

Tens of thousands mobilized in a day of action in Minneapolis on 23 January against the state repression of Trump’s administration and its brutal deployment of three thousand ICE agents to the state of Minnesota. […]

National Guard Deployed in Los Angeles – Trump’s escalation Met with Resistance

June 16, 2025

President Trump ordered the US National Guard and Marines to the streets of Los Angeles to counter protests against the deportation of immigrant workers and their families. This is a major escalation of violent action […]

What will New York’s ‘democratic socialist’ mayor Mamdani do next?

January 12, 2026

On January 1, 2026, Zohran Mamdani took office as mayor of New York City amid continued interest and anticipation for his “New Era” of affordability for working class New Yorkers. According to his transition website, 50,000 in the city applied to [...]

New York: Winning the demands of the Mamdani mayor campaign

January 9, 2026

“A great New Yorker once said that while you campaign in poetry, you govern in prose.”– From Zohran Mamdani’s victory speech, quoting Mario Cuomo, a former Democratic Party Governor of New York State. “Socialist reform [...]

The World Impact of Two Years of War on Gaza – and what lies ahead?

October 6, 2025

On the second anniversary of the 7 October 2023 attack on Israel and the subsequent prolonged genocidal slaughter in Gaza, the fate of Trump’s latest proposals for an end to the war is still in […]

Hamas and the Palestinian National Liberation Struggle

January 4, 2024

A printable version of this article can be downloaded here. The Israeli army is laying waste to Gaza. Whole communities are being destroyed and entire families wiped-out. The scale of displacement, as people are forced […]

The Roots of the Israel-Palestine Conflict and the War on Gaza

December 8, 2023

The world’s imperialist powers have always intervened in the Middle East for their own political, strategic and economic interests. On the one hand dishing out investment, aid, trade deals and promises of protection, and on […]

Trump’s “28-Point Ukraine Peace Plan”

November 24, 2025

White House clashes with Zelensky and European backers over The war in Ukraine has returned to the top of global headlines following US president Trump’s latest attempt to impose a peace plan on Ukraine president [...]

Ukraine’s Fate in the Trumpian World

August 20, 2025

The recent summit between President Trump and President Putin, held in Alaska under the guise of “peace diplomacy,” and the hurriedly convened meeting of Ukraine leader, Vladimir Zelensky, and leading European powers at the White [...]

ITALY | Assessing the ‘Fascist’ Meloni Government

February 5, 2026

Originally published in Socialism Today, magazine of the Socialist Party (CWI England & Wales). Giorgia Meloni’s coalition government in Italy has been in power for over three years now. If she lasts to the end […]

Right-Wing Populism and Polarisation

July 22, 2024

The phenomenon of right-wing populism is not new in most countries, but there is much to suggest that it has reached a new level. Not only because in opinion polls and elections the share of […]

IRELAND | Presidential Election – the Key Issues

October 10, 2025

The presidential elections are in full swing in Ireland. Last week, one of the three candidates, Jim Gavin, backed by Fianna Fáil, a governing coalition party, along with Fine Gael, abandoned the race after it […]

ROMANIA | Unpopular Austerity Policies Push Coalition Government to Brink of Collapse

September 20, 2025

In March 2020, Ludovic Orban of the National Liberal Party (PNL) hilariously celebrated his anti-worker government reaching the “ripe age of three months”. The next day the government fell. At the beginning of this summer, […]

SERBIA | 800,000 Protest Against Vučić Government

March 26, 2025

The biggest protest in Serbian history happened on 15th March in the capital Belgrade. The upper estimate is 800,000 people; the entire population of Serbia is less than seven million. It was a culmination of […]

AUSTRIA | New Coalition of Social Democrats, Conservatives and Liberals Plans Cuts

March 20, 2025

On September 29 in 2024 parliamentary elections took place in Austria. But it was not until March 2025 that a new government was formed. It took three separate negotiating attempts before it could be formed: […]

GERMANY | Federal Election Disaster for Establishment Parties

February 26, 2025

The Left is the ray of hope against cuts and racism The result of the federal election is a slap in the face of the established, pro-capitalist parties. The only parties that won were those […]

BRITAIN | Bond Jitters Expose Economic Fragility

January 16, 2025

“This is not a Liz Truss moment”, declared a former director of the International Monetary Fund (IMF), referring to the brief period of the Tory prime minister Liz Truss’s time in office, as the pound […]

Sri Lanka: What is the class character of the NPP government?

September 26, 2025

It has been more than a year since the current government, led by Anura Kumara Dissanayake, came to power. Since the National People’s Power (NPP) government took office, there has been ongoing debate about its […]

National People’s Power Wins General Election – Revolution, reform, or rhetoric?

November 18, 2024

Sri Lanka’s general election, held on 14 November, marked a breaking-point in the country’s political history. The National People’s Power (NPP) secured an extraordinary 159 seats, achieving a two-thirds majority in Parliament. This result shocked […]

A Marxist Alternative to Sri Lanka’s Crises

October 21, 2024

For the first time in Sri Lanka’s history, the country finds itself under the leadership of a president—Anura Kumara Dissanayake—who hails from a party with a left-leaning background. However, despite the media’s portrayal of him […]

Nigeria’s 2012 Uprising

January 11, 2022

When Strikes and protests nearly swept a capitalist regime out of power Ten years ago, instead of the festivities that often herald the New Year, Nigerian working people and youth started the year 2012 at […]

Month of EndSARS Turmoil Shakes Buhari Regime

October 28, 2020

Nigeria has passed through nearly a month of turmoil. Video footage of the hated SARS police unit killing a man and driving off in his car was the spark for mass protests. Years of frustration, […]

MADAGASCAR | Mass Protests Bring Down Government in Madagascar

October 8, 2025

Madagascar has been rocked by waves of protests, the largest of their kind on the island in over 15 years. Demonstrations began on 25 September, following the arrest on 19 September of two local politicians […]

NEPAL | Eruption of Mass Protest – what is the way forward?

September 23, 2025

Nepal has now joined the long list of developing nations revolting against a rotten and corrupt ruling elite. The immediate trigger was the government’s decision to ban 26 social media platforms on Thursday, 4 September. […]

INDONESIA | Anger Intensifies in Protest Wave After Worker Killed by Police

September 8, 2025

Just ten months into Prabowo Subianto’s tenure as President, social unrest is reaching a peak in Indonesia. On Friday, August 29th, a gig economy food delivery worker was killed after being run over by a […]

MYANMAR | A Devastating Earthquake Amidst Civil War

April 19, 2025

On March 28th, a 7.7-magnitude earthquake struck Myanmar. The epicenter was located in the border area between Sagaing Region and Mandalay, the country’s second-largest city. The earthquake was the strongest to hit Myanmar since 1912. […]

MOZAMBIQUE | “Revolutionary Atmosphere” as Mass Protests Challenge Ruling Elite

November 22, 2024

Protests have rocked Mozambique since ‘preliminary’ results of presidential and legislative elections held on 9 October declared the ruling Mozambican Liberation Front (Frelimo) the winner. Mozambique can be added to the growing rollcall of neocolonial […]