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22.04.2009, 14:55 2 comments

"Tax the Rich" makes a comeback

Britain has chosen Lenin's birthday to bring back taxes on the rich. Governments from the UK and Europe to the US have been busy bailing out wealthy financiers. Now they are facing tough social and political choices.

20.04.2009, 13:03 7 comments

Crisis as a way to build a global totalitarian state

As the world financial and economic crisis comes into its own, the Western community leaders are seeking to impress on mankind the idea that this upheaval will end up ‘turning the world into something different’.

AFP Photo / Natalia Kolesnikova 15.04.2009, 10:53

Unemployment outlook dims as market players look for response

With the number of Russian jobless hitting 2.2 million people, experts say the money being allocated to fight unemployment may not solve the problem and that Russia’s job market needs a total reshuffle.

AFP Photo / Alexander Khudoteply    13.04.2009, 19:33

Workers refuse to leave coal mine in Ukraine

Thirteen miners in the Ukrainian town of Makeyevka refused to return to the surface until their employer covers salary debt. The miners' union warns that more protests may soon hit the country.

Anti-capitalist and anti-war protesters demonstrate outside the New York Stock Exchange on April 4, 2009 (Mario Tama / Getty Images / AFP) 10.04.2009, 14:22 3 comments

Is American dream over?

Fewer Americans believe in the capitalist system – that’s the result of a new survey. Only slightly more than half of those who were asked, said the free-market economy is what the country needs.

21.10.2009, 02:06 4 comments

Every sixth American lives in poverty

34 million Americans are relying on the food stamp program for everyday essentials. It’s mostly the elderly who are suffering.

Demonstrators march in central Athens on May 4, 2010 (AFP Photo / Aris Messinis) 06.05.2010, 20:30 7 comments

Greece paralyzed by protests, passes austerity bill

On Thursday afternoon the Greek parliament passed a package of strong anti-crisis measures in exchange for vast financial aid from EU countries.

28.04.2009, 13:27 5 comments

Recession unkind to Afro-Americans

Whites are still America’s preferred people. Afro-Americans are still America’s bottom dwellers. Hispanics are shadowing them but still maintaining their advantage – economically speaking.

Rail workers hold flares on October 21, 2010 in Paris (AFP Photo / Fred Dufour) 28.10.2010, 09:01 8 comments

French trade unions remain defiant in face of defeat

French trade unions are still taking people out onto the streets, despite the pension reform they are protesting against being given the green light.

Photo by Peter Lovegrove 18.06.2009, 21:21 1 comment

Thousands rally in Latvia to stop cuts in public services

Teachers’ wages have been halved and pensions slashed by 10%. This week’s astonishing reduction in public spending is likely to be repeated and protesters have vowed to protect the country's vital services.

Bosses beware as workers worldwide seek revenge

Published: 27 April, 2009, 17:20


Farmers and farm workers protesting against job losses and water shortages in Los Banos, the US. (AFP Photo / David McNew / Getty Images)

Fear of imminent job losses amid ill-timed “fat cat” bonuses aid a growing feeling that the business elite caused the financial crisis but the workers are paying for it, causing desperate staff to take desperate action.

 
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