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Britain plays its part in the imperialist slaughter
... dramatic announcement that it would be doubling its military budget. British imperialism wants to use the war to compensate for the damage ... in defence expenditure to be an item in Sunak's spring budget statement. The Chancellor declined the opportunity to raise military ...
ICConline - 2022-04-19 17:06
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Confronted with war and economic crisis, the working class must not make any sacrifices
... military budgets (Germany has suddenly decided to double its budget), will constitute an additional factor in weakening the economies of the ...
ICConline - 2022-04-19 14:42
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Economic crisis: the descent into the abyss
... high-risk factors: 1) a rapid and massive increase in the budget deficit; 2) a recovery in consumer spending based on growing debt, the ... money markets. 1) A record growth in the budget deficit Since the end of the 1960s, we can see clearly (graph ...
International Review - 2021-07-04 14:20
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United States, Russia, European Union, Ukraine... all states are responsible for the war!
... States, but also Germany which has doubled its “defence” budget. For its part, Russia regularly threatens the world with reprisals ...
ICConline - 2022-03-30 17:08
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Public spending cuts: “only the first step” towards pauperisation
... had pledged £11 billion "efficiency savings" in the pre-Budget report. Last year, the NHS also was told it would have to deliver ... include £670 million off the Education Department's budget and £836 million from the Department of Business, Innovation and Skills ...
World Revolution - 2021-12-03 21:32
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Covid-19, climate catastrophe, chaos in Afghanistan... Capitalism's historic crisis is gathering pace
... " States and emergency services, suffering from decades of budget cuts, are disorganised and failing ". (1) But the chain of ...
ICConline - 2021-10-18 09:11
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The Indignados in Spain, Greece and Israel
... working class pay for the huge budget deficits accumulating today with all the ... [8] . See https://en.internationalism.org/wr/347/economic-crisis-murderous-summer . [9] . See ...
International Review - 2022-01-07 17:50
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Economic crisis: the crisis reveals the historic bankruptcy of capitalist productive relations
... government has allowed an unrestrained increase in the budget deficit. From a positive balance of $130 billion in 2001, by 2003 the budget had fallen into deficit to the tune of $300 billion (3.6% of GNP). ...
International Review - 2021-06-28 15:48
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Epidemic in France: the criminal negligence of the bourgeoisie
... billion in 2011 following the H1N1 crisis). But in 2013, budget restrictions meant that the stocks fell to 150 million. Faced with ... is the product of the decadence of the capitalist system, of budget cuts that the state has had to make for decades in order to keep the ...
ICConline - 2022-02-05 16:23
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The ruling class demands sacrifices on the altar of war
... and Germany’s decision to greatly increase its arms budget must also be viewed from this angle. It’s also necessary to recall ...
ICConline - 2022-03-07 10:41