Tag Archives: World Economy

World Economy: The Coronavirus Recession Has Begun

By the International Executive of International Socialist Alternative (ISA- the socialist organisation to which the Socialist Party in Ireland is affiliated to)  The coronavirus pandemic has infected hundreds of thousands and taken the lives of thousands. Most scientific and medical experts warn that the situation is bound to get far worse, with millions likely to lose their lives globally. This ...

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Resolution on World Economic Crisis

The following resolution was passed at the International Executive Committee (IEC) of the Committee for a Workers International (CWI), the international socialist organisation to which the Socialist Party in Ireland is affiliated to. It gives an analysis of the potential for a new crisis for the world capitalist economy and the impact this will have on the consciousness of the ...

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Storm clouds gather for world economy

By Paul Murphy TD The longest ever rising stock market in history came to a dramatic end in December 2018. Share prices which had been rising since the lows of the crisis of 2008, buoyed by the cheap money made available by the Federal Reserve and Central Banks worldwide, dramatically plunged by 20% within a few days – going from ...

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