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Capitalism :: World economy
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3 March 2021
Across the globe at least 2.4 million people have now died from contracting Covid-19. Livelihoods have been wrecked and economies have crashed, with the world economy shrinking by over 4%
11 March 2020
The biggest one-day fall in stock markets since the financial crisis; an oil price war between Saudi Arabia and Russia, and the fastest drop in the cost of oil for 30 years
28 August 2019
In a special report that scrutinised the increasingly tense breakdown in geopolitical and economic relations between the United States and China, the Economist sombrely concluded on 18 May that the world has entered "a new kind of cold war."
22 May 2019
The stakes have been raised in the increasingly ill-tempered and rapidly escalating trade war
20 February 2019
2018 marked ten years since the collapse of Lehman Brothers bank which plunged the world economy into the deepest economic recession since the 1930s.
26 September 2018
US-China trade war: On 24 September, a further tranche of US tariffs on $200 billion of imported Chinese goods - nearly 6,000 products - was imposed by the Trump administration.
12 September 2018
On 15 September at a secret London venue top bankers who were part of Lehman Brothers will celebrate the tenth anniversary of their bank's 2008 collapse with "cocktails and canapes".
20 July 2018
As the Brexit white paper staggered its way through the House of Commons, the crisis in the Tory party has just deepened and deepened
18 July 2018
The electoral commission has fined the right-wing, pro-big business 'Vote Leave' campaign £61,000 for breaking the law.
27 June 2018
Trump's trade war, with other developments like the Russian regime reasserting its role in the Middle East and elsewhere, are opening up a new chapter in world relations
26 July 2017
A congress at the end of the CWI summer school - held in Barcelona - confirmed the unification of the CWI with Izquierda Revolucionaria (IR)
1 February 2017
One of the most reactionary, bigoted and predatory administrations in modern history has taken office. The Trump presidency, from the vicious tweets to the bizarre press conferences to the reactionary cabinet picks and executive orders, has millions of people understandably feeling they are in an unfolding nightmare.
23 March 2016
A serious, thoughtful, optimistic and lively national congress of the Socialist Party took place on 19-21 March.
3 February 2016
Every year the global capitalist elite meet at the World Economic Forum held at Davos. This year, the prevailing mood was anxiety, the keynote pessimism. They fear the world economy is heading for a storm.
27 January 2016
At their annual semi-secret get together in Davos, Switzerland last week, 3,000 bankers, industry chiefs, media moguls and capitalist politicians met to deliberate the state of world affairs. These self-declared 'masters of the universe' were forced to conclude that their system isn't working properly.
21 October 2015
A stuttering world economy has jeopardised steel making in the UK. But workers do not have to accept the inevitability of closures and job losses
21 October 2015
Redcar steel plant to close after a century of production, raw material prices collapsing, China's economy slowing, the ongoing euro crisis...
2 September 2015
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
15 April 2015
Socialist Party congress, 14-15 February 2015: This document was produced on 5th January 2015 and subsequently some amendments were incorporated during and following the 14th February congress discussion on Britain, writes Socialist Party executive committee, January 2015.
21 January 2015
World capitalism faces a gloomy future according to recent reports issued by the International Monetary Fund and World Bank
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