Special report by PEOPLE’S WORLD
BRITAIN’S economy is in dire straits. New figures released by the International Monetary Fund (IMF), which cannot be accused of anti-capitalist bias, estimate that the UK economy will shrink by 0.3 per cent this year, making it the worst-performing G7 economy.
This will have disastrous consequences for ordinary people already suffering from the worst cost-of-living crisis in decades amid soaring inflation and declining real wages.
That the Tory government’s savage austerity policies offer no way out of this crisis — indeed, are a major cause of Britain’s economic problems — is an issue that is well understood and debated within the labour movement.
The cancelled China trip of the German Foreign Minister marks a break with Helmut Schmidt’s China policy and drives Germany further into Washington’s confrontation course, warns SEVIM DAGDELEN
In Washington, the willingness to accept an open war with Russia is growing — at Europe’s expense. While Nato states are being drawn into confrontation, Europe risks becoming the battlefield of a potential world war, warns SEVIM DAGDELEN
From 35,000 troops in Talisman Sabre war games to HMS Spey provocations in the Taiwan Strait, Labour continues Tory militarisation — all while claiming to uphold ‘one China’ diplomatic agreements from 1972, reports KENNY COYLE
Europe is acquiescing in Trump’s manoeuvrings — where Europe takes over the US forever war in Ukraine while Washington gets ready for a future fight with China. And it’s working people who will be left paying the price, says DIANE ABBOTT MP


