EU ministers have delayed payment of an €8bn loan disbursal to Greece after the PASOK government admitted it would not meet deficit targets. Without the money, the Greek state may not be able to pay its workers over the next month. These targets were set as part of...
In his September 21 speech to the United Nations, President Obama announced that he would veto U.N. recognition of a Palestinian state, because its independence was not a result of a negotiated settlement with Israel. He said that “peace depends upon compromise among...
We cannot analyse the global ecological crisis separately from the crisis in which we are immersed or the critique of the economic model that has led us into it. The starting point for today’s debate is to note that humanity is in a global ecological crisis that is an...
‘There is no third force, political party or communist academic behind our struggle. It is oppression at the hands of the African National Congress that has driven us into the rebellion of the poor. We are in rebellion because we are being forced to live without...
What if debt deflation strikes, will the Eurozone’s financial elite still bay for sound finance? Finance capital’s imposition of fiscal austerity on both sides of the Atlantic – and this at a time when private consumption and investment are stagnating – is pushing the...
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