International News

Capitalism is bankrupt; socialism is the only answer

By Doug Lorimer

Since the September 15 failure of Wall Street-based Lehman Brothers, the fourth largest investment bank in the US, the world’s capitalist governments have been scrambling to keep the worst financial crisis since the Great Depression of the 1930s from turning into a total collapse of the global financial system.

CUBA: World demands end to US blockade

By Marce Cameron

Every year since 1992 the overwhelming majority of UN member countries have voted for Cuba’s resolution demanding an end to the US economic blockade against the Caribbean socialist state. On October 29, the UN General Assembly voted for the 17th consecutive year in favour of Cuba’s motion. This year, the resolution was approved by the highest margin ever, with 185 of 192 UN member states voting in favour, one more than last year.

Revolutionary Venezuela and the capitalist crisis

By Roberto Jorquera

While capitalist governments around the world have responded to the freezing up of the capitalist financial system by turning trillions of dollars of public funds over to bankrupt bankers, the revolutionary government of Venezuelan socialist President Hugo Chavez has continued to take steps to redistribute wealth to Venezuela’s working people.

9/11 and the imperial adventure in Afghanistan

By Larry Everest

The war in Afghanistan is not a “good war” gone bad. It’s been an unjust, imperialist war of conquest and empire from its inception. About five hours after hijacked jets crashed into the World Trade Center and Pentagon on September 11, 2001, US President George Bush’s defence secretary Donald Rumsfeld turned to an aide and told him to begin drawing up plans for war. His instructions: “Go massive. Sweep it all up. Things related [to the attacks] and not.”

Washington escalates Pakistan's civil war

By Linda Waldron

On October 25, Major-General Tariq Khan, commander of Pakistan’s paramilitary Frontier Corps (FC), announced that his officers had captured Loi Sam, a key Taliban stronghold in the Bajaur region, part of the Federally Administered Tribal Area (FATA) on the Pakistan-Afghanistan border. Eleven days earlier, US officials had released a public version of a National Intelligence Estimate (NIE), compiled by the CIA and 15 other US spy agencies, complaining that “the Pakistani military is reluctant to launch an all-out campaign against the Islamists”. The 80,000-strong FC is commanded by regular Pakistani army officers, who serve for a period of two to three years.

Acre pogrom highlights Zionist anti-Arab racism

By Kim Bullimore

Violent attacks by Jewish residents in the Israeli city of Acre last month have left 14 Palestinian families, a total of 72 people, homeless. All 72 are Israeli citizens who had their homes destroyed. For the more than 1 million Palestinian citizens of Israel, the Jewish “riots” in Acre are only the most extreme example of the systematic discrimination they face within the Zionist state.

Ship breaking on 'the beach of doom'

By Andrew Martin

In the Indian state of Gujarat, 50 kilometres southeast of the city of Bhavnagar, lie the ship-breaking yards of Alang. What was once a pristine beach is being used as a deadly graveyard for the world’s supertankers, container ships, car ferries and naval vessels. Even aircraft carriers are dismantled at Alang. In a fog of smoke and dust, thousands of workers clamber over the skeletons of ships, stripping them, tearing them apart until nothing remains but scrap steel. It is the largest ship-breaking yard in Asia.

How the food and financial crises are interconnected

By Eric Toussaint, Brussels

In 2007-2008, the standard of living of more than half of the world population dropped dramatically when the price of food soared. There were massive demonstrations in at least 15 countries in the first half of 2008. Tens of millions of more people than before faced hunger, and hundreds of millions had to reduce their food consumption (and consequently, their access to other essential goods and services).

'Socialism' becomes an issue in US election

By Barry Sheppard, San Francisco

October 31 — In the final days of the US presidential election campaign, Republican candidate John McCain and his running mate Sarah Palin have repeatedly charged that Democrat candidate Barack Obama is a “socialist”. While this assertion is ridiculous, it does bring the issue of socialism into the mainstream of US political discourse.

Venezuela: Another US coup plot exposed

By Marcus Pabian

On September 17, former Venezuelan vice-president Jose Vicente reported to the country’s National Assembly that the US government was at the centre of a foiled coup plot planned for October 15 to violently overthrow the elected government of President Hugo Chavez that is leading a socialist revolution in Venezuela. The coup would have come just weeks before state elections on November 23.