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World economy in turmoil as oil price plunges

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Written by Ben Peck Friday, 19 December 2014

World economy in turmoil as oil price plunges. Photo: NWFblogsTectonic shifts are taking place in the world economy. The price of oil has fallen dramatically in the past six months. The price of Brent Crude has now fallen to less than $60 a barrel. This marks a near fifty per cent drop in price from $115 a barrel in June. It heralds a new stage in the capitalist crisis, and its impact is being felt throughout the world.

 

US admits failure and re-establishes diplomatic relations with Cuba - a change of tactics to achieve the same aim

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Written by Jorge Martin Thursday, 18 December 2014

Aaron Escobar-Cuba Libre-thumbOn Wednesday December 17, the United States admitted that its attempt to bully Cuba into submission had failed. This should be seen as a victory for the Cuban Revolution and its resilience against the relentless onslaught of the most powerful imperialist power on earth only 90 miles away from its shores. However, US imperialism has not given up on its aims: the restoration of the rule of private property and the destruction of the gains of the revolution. It has just changed the means to achieve the same result.

 

Fight fundamentalism and imperialism! Support the Pakistan Trade Union Defence Campaign!

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Written by Pakistan Trade Union Defence Campaign Thursday, 18 December 2014

The attack by the Taliban on a school in Peshawar, Pakistan, on Tuesday 16th December 2014 was perhaps the most barbaric and brutal attack carried out by the fundamentalists to date. It was to be the deadliest terrorist attack in Pakistan in memory, claiming 141 lives including 132 children. On top of this over 125 people had been injured, predominantly children.

   

Pakistan: Barbarity of the Peshawar massacre

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Written by Lal Khan Wednesday, 17 December 2014

The massacre of 141 people including 132 children by the Islamic fundamentalist Taliban at the Peshawar Army Public School yesterday was probably the most heinous barbarity ever seen even in Pakistan, which has been victim to this scourge for decades now. Hardly a day passes without suicide attacks, terrorist bombing or target killings in this tragic country.

 

Massive general strike in Belgium: Nothing moved by air, by road and by water

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Written by Erik Demeester Wednesday, 17 December 2014

general-strike-belgium‘This is the strongest strike ever’ commented the general secretary Marie Hélène Ska of the Christian union CSC. She is right. The national work stoppage on Monday 15th of December was without doubt the most “general” of 24 hour general strikes in the rich Belgian history of strikes.

   

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