World News

G20 leaders have no solution to world crisis

By Kevin McLoughlin

THE G20 Summit in London was said to be the start of the “fight back against the global recession”; and the creation of a “New Economic Order”. Some of the leaders even said it was “historic”. Does the G20 agreement mean that a global recovery is likely soon?

While hailing the summit and “green shoots” of recovery, the G20 was mainly an orchestrated public show of unity, a papering over of huge economic difficulties. Like relatives at a wedding, on the surface the “leaders” were nice to each other but under the surface they are increasingly agitated.

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France – General Strike

By Daniel Waldron

“THIS PROTEST is for everyone. I have children, so this is for the future”, said a sacked car worker marching on 29 January, as France was rocked by a huge general strike in protest at the Sarkozy government’s attempt to make workers pay for the economic crisis, while giving bailouts to big business. An estimated 2.5 million took part in demonstrations across the country, with 300,000 out in Paris alone, making it the largest strike in the country for almost 20 years.

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Sri Lanka: Stop the slaughter!

By Owen McCracken

BETWEEN 250,000 and 400,000 civilians remain trapped in the small area of Northern Sri Lanka still controlled by the Liberation Tigers of Tamil Eelam (LTTE). This densely populated area is now being bombarded by the state military with indiscriminate shelling. With coming days likely to see the bloodiest period of fighting the island has seen, it is evident that a humanitarian crisis on a par with Gaza is unfolding.

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Eurozone 10th anniversary

Economic crisis - cracks appear in bosses’ EU

Danny Byrne, CWI London

The international capitalist crisis, which has unfolded over the last months, has served to completely discredit the free market policies and ideology of the boom period, of the last twenty years or so. An element of the ‘un-challengeable’ arguments put forward by the supporters and ideologues of the free market was the idea that capitalism had entered a new phase of peace and harmony, characterised by the co-operation and ever-increasing integration of national capitalist economies and governments. The European Union was heralded as a prime example of the setting aside of national rivalries. The introduction of the Euro, ten years ago this month, as a common currency, in particular, was put forward as evidence of the new-found unity of European capitalism.

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Greece shaken by riots, strikes & mass protests

By Matt Waine

NO ONE was happier to see 2008 come to an end than Greek Prime Minister Kostas Karamanlis. The brutal shooting in cold blood of a 15 year old school student by police in Athens on 6 December unleashed an enormous wave of anger that threatened to bring down his New Democracy government.

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