THE WORLD economy is on the verge of a major recession. That was the bleak message last week as 100,000 workers on both sides of the Atlantic lost their jobs and the stock exchange plunged downwards.
"IT HAS been suggested that it is appropriate to hold back our anti-privatisation campaigning for the forseeable future, in the wake of events in the US. Such a move might make sense if the government itself was suspending the privatisation drive, but it is clearly doing no such thing.
THOUSANDS of workers across Britain and the US are facing the prospect of redundancy in the aftermath of the events in the United States. Aerospace industry and airline bosses have been at the forefront of sacking thousands of workers.
A MAJOR conference in London this weekend will bring activists together to discuss how to build the movement against capitalism and war. Anti-capitalist group Globalise Resistance had called the counter-conference to coincide with the planned demonstrations against the IMF/World Bank meeting in Washington.
BOSSES around the world are using the crisis caused by the destruction of the World Trade Centre to push through massive job cuts and make even more profits. Around 100,000 jobs were cut in the US and British airline and aviation industries in days.
THE government wants to ram through severe attacks on civil liberties under the cover of its "war against terrorism". Home secretary David Blunkett confirmed last weekend that he is "very seriously" considering introducing compulsory identity cards.
THE US and its allies will make billions available for war. The millionaire-owned press will dutifully back their demands for revenge. Socialist Worker will be exposing their lies, putting the arguments against a horrific war and throwing ourselves into building a mass anti-war movement. At the same time we will be putting the case against the big business policies Blair is trying to sneak in under the cover of war.
The record speaks for itself
THE US says it is going to "take out" the "evil" Osama Bin Laden. We have been here before. The US and its allies have declared many individuals "evil" as a prelude to launching military assaults.
Business profits from the tragedy
IF YOU believed the media at the beginning of this week you would have thought all that mattered was the reopening of the New York stock exchange. "Back In Business" was the front page headline of the Sun on Tuesday. "Right now I want to go in and make some money," one stockbroker was quoted as saying in the Guardian.
'I THINK we must be very careful about assuming that a great many people in this country want vengeance. They want this to be prevented from ever happening again. What one suspects is that there are people from all over the Middle East who, because of what they have seen happening in Palestine and elsewhere, are prepared to go to desperate lengths.'
TAM DALYELL MP
The bloody record of Bush and his allies
GEORGE BUSH has used the horror of the attack on the World Trade Centre to "rally the world against international terrorism". The US wants to launch a revenge attack. It is targeting not just those behind the attacks in New York, but any state that dares to stand up against it. Bush wants to present whatever he does as a justifiable attack on an "evil" enemy, part of what he and Tony Blair present as a war of "civilisation" against "barbarism".
STOCK markets tumbled last week in the aftermath of the attack on the World Trade Centre and the Pentagon. Many commentators predicted global economic recession. But the world economy was already in deep trouble.
AFTER THE horror in the US last week anyone who works in a skyscraper or high rise building will have fears about safety. The way the World Trade Centre towers collapsed was one of the most chilling aspects of the tragedy.
AS SOON as news broke last week of the devastation in the United States, Osama Bin Laden was proclaimed the number one suspect. Afghanistan was dubbed a "rogue state" and has been accused of harbouring terrorists.
THE NEED for a socialist paper has rarely been greater. That's why we are asking our readers to help raise £200,000. The growing anti-capitalist movement is worrying apologists for the system. Bitterness at Labour's second term is boiling over. There is sudden panic about a possible economic slowdown.
"ONE BY one, economies around the world are stumbling," warned the normally enthusiastically pro-market Economist magazine this week. Most serious commentators now fear that the world is heading for a major slump.
"WE ARE not animals. We are not criminals. We are human beings," cried hundreds of desperate and defiant refugees last week. They were fighting back against the treatment they suffer because of the policies of Tony Blair and other European Union leaders. Over 900 refugees are at a Red Cross centre in a giant hangar outside Sangatte, near the French Channel port of Calais.
PROTESTS COULD "kill off" the government's Private Finance Initiative (PFI). That is the fear of John Gains, chief executive of construction firm John Mowlem. The giant firm is a key player in PFI projects in hospitals, schools, councils and transport around Britain.
NEW LABOUR'S childcare policies are failing and provide nothing for the vast majority of children and parents. That's the message from a Daycare Trust survey published last week. The Daycare Trust, a national childcare charity, has recently been very enthusiastic about many of the government's policies. So its report is particularly damning.