Zimbabwe’s Crisis Deepens: Mass protests and brutal repression

Leonard Chiwoniso Mhute and Sodindwa Malandelilanga are members of CWI Zimbabwe. On 16 August, the regime in Zimbabwe brutally attacked street demonstrations against the country’s seemingly endless economic and political crisis. The ruling elite fears a protest revolt such as in Sudan, having clearly seen the strength of the masses in action in the three […]

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On Italy’s horizon – economic crisis and new instability

Giuliano Brunetti is a member of Resistenze Internazionali (CWI in Italy). Less than two years after the last election, Italy faced a a crisis as the Lega/Five star movement (M5S) coalition government was brought down by Matteo Salvini, leader of the far-right Lega and Minister of the Interior. However, a new coalition was put together […]

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World Economic Crisis

This resolution was unanimously agreed at August meeting of CWI’s International Executive Committee. We are rapidly approaching a decisive turning point in world relations with a slowdown in the world economy increasingly pointing towards a deeper downturn, including the possibility of a 2008-9 type financial crash. Such a development would find capitalism far less prepared […]

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China – Crisis set to deepen

Year of the Monkey opens with economy in worst situation for decades As its factories restarted after the Chinese New Year holidays, China was facing its worst economic crisis in decades. The government’s official data do not give the true picture, maintaining the fiction of GDP growth of 6.9 percent in 2015. Even this represents […]

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World economy: China crisis triggers panic on global markets

Vincent Kolo is a contributor to chinaworker.info. More than $5 trillion wiped off global stock markets in two weeks since Chinese devaluation “Black Monday” exclaimed China’s official news agency Xinhua as China’s stock market slumped 8.5 percent on 24 August. This triggered the sharpest falls on world stock markets since the 2008 financial crisis on […]

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China: Hard landing in 2015?

Vincent Kolo is a contributor to chinaworker.info. China’s economic slowdown already being felt throughout world economy “The most important number in the world, for the past 30 years and next five years, is China’s growth rate,” declared BBC Economics Editor Robert Peston. With a stream of data confirming a pronounced slowdown in the Chinese economy, […]

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Venezuela: Scarcity and Speculation – Whose Fault Is It?

Gabriela Sánchez is a member of Socialismo Revolucionario (CWI in Venezuela). At the end of October, in a national address to the nation, Maduro announced the discovery of two enormous warehouses of medical goods in Aragua state. While speaking, images were shown of row after row of towering shelves with everything from wheelchairs to needles […]

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Argentina: Return to turmoil

Danny Byrne is a member of the Committee for a Workers’ International. Debt crisis is back – the class struggle and tasks for the Left Over a decade has passed since the Argentinian financial crash of 2000-2002, which led to one of history’s biggest sovereign defaults. The dominant narrative has it that the ensuing period […]

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Greece: Still in the eye of the storm

Committee for a Workers’ International is a member of Interview with Andros Payiatsos, Xekinima (CWI in Greece). From the outside, it can appear there’s a certain pause in the struggle in Greece. Is this true? There is a certain lull in the movement, compared to the titanic battles particularly of 2011, but there is no […]

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