Since the signing of the Minsk-2 ceasefire protocols in 2015, the civil war in the Donbas de-escalated from open warfare. However, this did not mean an end to the conflict. The people living next to the battlelines are subject to frequent shelling, not to mention the terror of living in highly militarised areas. Besides this new norm for the people in the conflict region, every year has seen a period of reporting about the “re-escalation of the conflict” from Ukrainian and Western media, and the “threat of the Russian menace advancing”.Continue reading Ukraine: Re-escalation in Donbas — Fight the Oligarchs instead!
A number of countries in Europe halted the use of the AstraZeneca/Oxford University vaccine over the past two weeks, due to an unproven (and unlikely) association with blood clots. Following a review by the European Medical Agency, they have now resumed, but this politically driven decision has seriously dented public confidence in the vaccine, which was already low.Continue reading European AstraZeneca debacle: mismanagement, misinformation and vaccine diplomacy
The inaction of the Giuseppe Conte government in the face of the deepest economic, political and social crisis in Italy since the Second World War had become unbearable for big business. That explains why the figure of Mario Draghi has come to the rescue. It is clear, however, that this bourgeois technocrat has no solutions for the problems facing the Italian workers.Continue reading Italy: A New Chapter in the Crisis of the System
Hungarian PM Viktor Orbán secured his third successive term in the 2018 general election. Now, for the first time since 2010 polls show that the “united opposition” would defeat his party if an election was held today. According to the survey conducted by one of the best known Hungarian pollsters Medián, Fidesz support fell by 6 percent in a single month to 34 percent in December, while the opposition added 2 percent and took over Fidesz at 36 percent.Continue reading Hungary: Orbán’s popularity slips following repression and crisis
2021 has kicked off with a bang. If anyone had any remaining doubts, yesterday’s events exposed the depth of the crisis of US capitalism—and it is only the beginning.Continue reading USA: Trump’s “insurrection” and the Chaos of Bourgeois Democracy
A string of bond defaults by hitherto top–rated Chinese state owned companies in November has cast a shadow over China’s relatively firm economic recovery from the downturn set off by the COVID–19 pandemic. This shows that the Chinese state is fundamentally unable to avoid the organic crisis of the capitalist system.Continue reading China: SOE bond defaults show turbulent days ahead
Joe Biden beating Donald Trump in the race for the White House shouldn’t come as a surprise. After all, his opponent was an incompetent reality TV star presiding over a devastated economy and an uncontrolled pandemic. Just a few months earlier, the Commander in Chief had been forced to hide in a bunker in the face of the most massive protest movement in the country’s history. What is surprising is that the result was ever anything but a foregone conclusion.Continue reading USA: Revolutionary Socialism and the fight against Wall Street’s President
On November 26, nearly 250 million workers participated in a strike in urban and rural areas all over India. The strike, called by the ten central trade unions, was the fifth in the six years since Modi ascended to power.Continue reading 250 million workers strike in India
Hundreds and thousands of farmers and members from different supporting organisations from different part of India are marching towards Delhi to stage an indefinite sit-in strike. The march ‘Delhi Chalo’ started on 26 November 2020 towards Delhi.Continue reading India: Farmers strike – Shut down the Government!
The world is breathing a collective sigh of relief at news that a viable vaccine may be in sight. With this comes the prospect of an end to the pandemic and a return to normality.Continue reading Will there be a post-COVID economic boom?