European Central Bank cuts interest rate below zero
By Stefan Steinberg
The European Central Bank (ECB) slashed one of its interest rates to negative territory and unveiled a €400bn loan package for Europe’s banks in response to the ongoing economic slump and the threat of deflation.
At its meeting in Frankfurt Thursday, the central bank cut its main lending rate to 0.15 percent from its current historic low of 0.25 percent, and its overnight deposit rate from zero to minus 0.10 (…)
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European Central Bank cuts interest rate below zero
7 June 2014, by Robert Paris -
A significant report on the global economy
26 November 2012, by Robert ParisA significant report on the global economy
By Nick Beams
A report by a major US forecasting group has poured cold water on the idea that China, or any of the so-called emerging markets, can provide a new base of expansion for the global capitalist economy, either in the short- or long-term.
The Conference Board, described by Wikipedia as an unbiased and “trusted source for statistics and trends, second only perhaps to the US Bureau of Labor Statistics,” issued a series of economic (…) -
JPMorgan calls for authoritarian regimes in Europe
18 June 2013, by Robert ParisJPMorgan calls for authoritarian regimes in Europe
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Whose Holidays – Ours or The Corporations’?
6 December 2012, by Robert ParisWhose Holidays – Ours or The Corporations’?
In case you haven’t noticed, the holiday season has already arrived. Everywhere we go we’re now bombarded by sights and sounds that try to convince us to stay in a festive mood and buy our loved ones all the things that will make this the holiday season to remember. Commercial after commercial, on the TV, radio and internet, all reminding us that the deal of the century is at our fingertips – and all we have to do is buy it.
And after we have (…) -
French Social Revolution of Yellow Vests
21 December 2018, by Robert ParisIt’s a revolt?
No my lord, it’s a revolution!
French Social Revolution of Yellow Vests
The working class in the protest of yellow vests: abolition of all indirect taxes!
It’s not Macron, it’s the street that changes the climate!
Yellow vests: workers’ committees everywhere!
What really hinders the state power and the possessing classes in the movement of yellow vests
Finished, outdated, impossible, social revolutions, did you say? !!!
Yellow vests: this is just the (…) -
The Egyptian coup and the tasks facing the working class
1 August 2013, by Robert ParisThe Egyptian coup and the tasks facing the working class
The July 3 military coup in Egypt and the subsequent repression have starkly revealed the principal problem facing the working class internationally: the crisis of revolutionary leadership.
More than two years after the upheavals that forced out longtime US-backed dictator Hosni Mubarak, the military—headed by its US-educated commander, General Abdel Fatah al-Sisi—is seeking to restore the political setup that existed prior to (…) -
100 Years since the Russian Revolution
20 January 2017, by Robert Paris100 Years since the Russian Revolution
Read here
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Millions still without power as temperature nears freezing in Eastern US
7 November 2012, by Robert ParisMillions still without power as temperature nears freezing in Eastern US
By Bill Van Auken
One week after Hurricane Sandy pummeled the Eastern Seaboard of the United States with high winds and a record storm surge, nearly two million homes and businesses remain without power in New Jersey, New York and Connecticut as temperatures fall near the freezing mark.
Fear is growing that Sandy’s death toll, already topping 100, will be augmented by further fatalities, caused not by natural (…) -
Turkey: Mass movement challenges Erdogan government
14 June 2013, by Robert ParisTurkey: Mass movement challenges Erdogan government
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Class Struggle in Africa
6 January 2018, by Robert ParisClass Struggle in Africa
Africa
Angola
Benin
Botswana
Burkina Faso
Burundi
Cameroon
Central African Republic
French Comoros
Congo Brazzaville
Congo Kinshasa (Congo DR Congo) or Zaire
Ivory Coast
Djibouti
Eritrea
Ethiopia
Gabon
Gambia
[Ghana -> http://w
Rubriques
Brèves
- Bangladesh wage protests shut garment factories
- Memorial Day – Glorifying a System of Violence
- Autoworkers vote for strike as UAW continues silence on talks
- Bangladeshi police attack garment workers’ protest
- Black history month - The struggle Hasn’t End -
- British banks may get bad ?
- Cambodian security forces shoot striking garment workers
- Chicago Teachers Vote to Continue Their Strike
- Chicago – Teachers Draw the Line Against Attacks
- China: 2,000 workers riot at Foxconn factory
- Conflit de l’entreprise Ceramica Cleopatra : affrontements à السويس Suez
- Emeutes à Ferguson après l’incendie du mémorial Michael Brown - Riots in Ferguson after the Michael Brown Memorial have been destructed
- Events The Struggle in Syria – Reality Behind the Myth
- For workers’ power in Egypt!
- Haiti threatened by a new earthquake
- Hundreds more US coal miners laid off
- Hunger and Misery are the Agitators, Not Us
- India: Contaminated school-meal kills 22 children
- Karl Marx and Friedrich Engels Books On Line
- Nazi Offensive in the USA
- Political crisis deepens in Mexico as army is called on to testify on Iguala massacre
- Political Document on Greece
- Puerto Rico: Profits Over People
- Reading upon dialectic
- Salaire non payé : émeute devant l’Hôtel Nile City Tower au Caire – 2 août 2012
- Second St. Louis area police shooting highlights unrestrained police violence in the US
- South Africa’s unions use mass sackings and murder to suppress miners
- Strike in Cambodia
- Strike in South Africa
- Struggles in Ecuador - Affrontements en Equateur - En français - In English
- Syria : begining of the third wold war ?
- Terrorism of ISIS and Terrorism of USA and France are inseparable
- The Crisis in Yemen – Not a Domestic Product
- The horrific events in Charlottesville
- The State Of Black America – A State Of Emergency
- The Struggles of Labor
- Toward World War III
- Trump : "American Billionaire First !"
- US launches air strikes inside Syria
- US military occupation of Haïti
- USA News
- War Against All Peoples Is Also War Against US People
- Washington ships arms to Al Qaeda-linked forces in Syria
- We Can Learn From the Russian Revolution
- Who is Responsible for the Disruption of Our Lives – BART Workers or the Bosses?
- Workers ! Future depends on ourselves !
- Workers riot in Greece - Emeute ouvrière en Grèce
- Workers’s opposition to Morsi
- Yuhang mass protests shake Chinese regime