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Recession


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30 November 2001

War... Recession... We Won't Pay The Price!

WITH BATTLES continuing in Afghanistan and Bush's bellicose threats to Iraq, Somalia, Sudan and other poor nations, it is clear that the war is not over...

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19 October 2001

Global Economy - Sinking Together

THE UNITED Nations estimates that the effects of September's terror attacks are likely to cost the global economy £230 billion and slow it down by 1%, writes Why is the world economy heading towards a serious crisis?.

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28 September 2001

BA Workers Say: We Won't Pay For Bosses' Recession

THE WORLD economy is rapidly approaching recession. It's not only a response to the tragic events in New York but longer-term problems such as overproduction. Share markets dropped steadily after profits...

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28 September 2001

No To Bush And Blair's War

AS WE go to press, Bush's military machine is preparing for action. Air-strikes against Afghanistan are imminent. The overwhelming majority of people feel that something must be done; that further devastating...

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21 September 2001

No To War

Stop Bush and Blair's military plans: THE SHOCK of last week's attacks in New York, Washington and Pittsburgh has provoked mass anger and opposition against terrorism...

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14 September 2001

World Recession Looms

"VERY HAIRY and very scary" was how one London fund manager described the stock market after the FTSE 100 plunged to its lowest level for three years...

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7 September 2001

World Economy: The Panic Spreads

A RECENT Economist special report on the world economy, 25 August, sums up the panic now gripping the capitalists internationally...

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10 August 2001

World Economy: Here comes the slump

The Bank of England's fourth cut in interest rates this year was prompted by government figures showing manufacturing in sharp decline, with 35,000 jobs lost in the last week alone...

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10 August 2001

Sack the Fat Cats Not the Workers

MANUFACTURING IN Britain is now officially in recession. But this cold fact seems to have escaped Britain's fat cat bosses who continue to let the good times roll for themselves...

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20 July 2001

The Spectres at the G8 Feast

THERE ARE two spectres haunting the gathering of G8 world 'leaders' in Genoa this weekend. One is the growing tide of anti-capitalist movements that is laying their system under siege. The second is...

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6 July 2001

Icy Blasts Of Recession

THE CHILL wind of a world economic recession is starting to blow across Britain's shores. Whilst recession has not yet hit the finance and service sectors, the crisis in manufacturing is deepening. Engineering...

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9 June 2001

New Labour's Turbulent Second Term

TO NO-ONE'S surprise Labour won the election and the Tories were trounced. But, as JUDY BEISHON points out, Blair's second-term Thatcherite programme has not got a mandate and will meet with ferocious opposition.

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20 April 2001

Fight The Job Cuts Avalanche

FOLLOWING THE pattern of closures and job losses across Britain, Scottish electronics has been faced with a series of blows in the last fortnight, writes Harvey Duke, Scottish Socialist Party prospective parliamentary candidate for Dundee East.

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6 April 2001

It's Their Crisis - Make The Bosses Pay

Foot And Mouth Disease... Economic Recession...: AS TONY Blair dithered about the election date, like he dithered about how to deal with the foot and mouth crisis, the bill for the government's incompetence is slowly rising...

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30 March 2001

Frenzied speculators enter the deflationary spiral

IT WAS panic on the financial streets of London, New York, Tokyo, Paris and other world financial centres last week as stock markets went into simultaneous freefall...

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12 January 2001

Now the Party's Over

What We Think: THE BELL is tolling for the decade-long US economic boom. With all the US economic indicators showing signs of slowdown, US Federal Reserve Chairman Alan Greenspan's surprise cut in US interest rates...

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15 September 2000

Prelude to a downturn

A THREEFOLD increase in oil prices is causing major headaches for the capitalists internationally. Fuel protests by fishermen, truckers and farmers brought France to a standstill, forcing the government...

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