3 February 2021

GameStop: Billionaires hurt at their own game

Recently, users of big online forum Reddit influenced the entire stock market, causing huge hedge funds to go into meltdown

More ...

10 January 2018

Them & Us

It's one world for the super-rich, and another one for the rest of us.

More ...

1 February 2017

Super-rich shareholders cause of pension deficits

Nationalise the banks and top corporations: Over half of Britain's richest firms could immediately wipe out the deficit in their pension schemes if they were willing to prioritise former workers over investors.

More ...

21 October 2015

World economy: 'biggest danger to capitalism is capitalism'

Redcar steel plant to close after a century of production, raw material prices collapsing, China's economy slowing, the ongoing euro crisis...

More ...

2 September 2015

China crisis: What will this mean for the world economy?

The contraction of the Chinese stock exchange has sparked justified fears that the world economy could be in for a repetition at a certain stage of a crisis with similar effects to the 2007/2008 catastrophe

More ...

5 August 2015

China at a turning point

China's stock market crash has shaken the image of a 'strong' regime.

More ...

28 January 2009

Ferengi dealers

'ROGUE TRADER' Jérôme Kerviel, sacked by the French bank Société Générale after amassing the biggest trading losses in history - £3.5 billion - revealed that he 'made a stock market killing' out of the 7/7 bombings in London...

More ...

29 October 2008

Are we heading for a new Great Depression?

STOCK MARKETS crashing, banks failing... as the world tips into an economic downturn. Not since the 1930s and the Great Depression has capitalism faced such a crisis as that of today. But, asks Philip Stott, are we likely to see a repeat of the world slump that followed the Wall Street Crash of 1929?

More ...

7 October 2008

Editorial: Casino capitalism's crisis continues

"Black Mondays used to be a once-a-decade event - now they're coming along more regularly than a London bus" declared one senior London trader as the UK stock market suffered the biggest one day points fall on record...

More ...

26 July 2002

Stock market panic: Make The Bosses Pay!

SHARE PRICES on the world's stock exchanges have fallen by 25% in just two months. Rich 'global investors', panicked by big companies slashing their profit predictions, are fleeing to the 'safe havens'.

More ...

14 June 2002

US economy Recovery, What Recovery?

WE WERE told that the US economic recession was over. Now the apparent recovery is being described as sluggish, fragile, shallow, uncertain or maybe not a recovery at all

More ...

30 March 2001

Frenzied speculators enter the deflationary spiral

IT WAS panic on the financial streets of London, New York, Tokyo, Paris and other world financial centres last week as stock markets went into simultaneous freefall...

More ...