11 April 2017
Top bankers lied about their lending rates before the 2008 crash—and the plot went right up to the Bank of England.
17 January 2017
Barack Obama departs the US presidency amid a cloud of praise and nostalgia.
07 January 2017
For all their whining about Brexit, the rich have got richer, says Tomáš Tengely-Evans
04 October 2016
Deutsche Bank has symbolised German capitalism ever since its foundation in 1870, on the eve of Germany’s unification.
07 September 2016
The G20 summit this week is a good test of the mood among the ruling classes of the world. It brings together leaders and central bankers from 20 major economies that collectively account for 85 percent of global production and 80 percent of world trade.
28 June 2016
The global rich claim that last week’s vote to leave the European Union (EU) will cause economic catastrophe.
17 May 2016
As robots begin to do more of the jobs traditionally done by people, Tomáš Tengely-Evans asks if the relationship between worker and machine has fundamentally changed
12 April 2016
There is an exclusive luxury ocean liner with tens of thousands of cabins. The “Panama papers” leak provides a porthole into just one of those cabins.
18 March 2016
Cuts to taxes on corporate profits are being paid for by taking money from ordinary people
26 January 2016
Since the start of the year the stock markets have been going crazy. At one point global share prices were 20 percent below the high they reached last year. Some £2.8 trillion was wiped off shares.
15 January 2016
Across the world stock markets and commodity prices are tumbling. Those in the ruling class who gloated about “recovery” last year now warn that the global economy could crash again. Some blame it on oil prices, others on China’s slump – Socialist Worker sorts the fact from the fantasy
13 January 2016
British manufacturing is in recession, undermining chancellor George Osborne’s forecasts of steady economic growth.
05 January 2016
The New Year began with a new shock to global stock markets. For the first time ever, all of China’s main stock exchanges had to use emergency measures to halt trading after shares plummeted on Monday of this week.
20 October 2015
George Osborne and John McDonnell have different strategies for eliminating the deficit. But Nick Clark argues for a bolder approach
08 September 2015
It's been a dramatic summer—Greece, the European refugee crisis, Jeremy Corbyn. But the big story for the world economy has been the collapse of the Chinese stock market. Since peaking in June, falling share prices have wiped £3 trillion off its value.
01 September 2015
China’s rulers’ attempts to maintain growth have created a mountain of debt and empty buildings
25 August 2015
The panic that spread through financial markets at the start of this week exposed the volatility of the system (see page 3). For all the talk of “recovery” capitalism is fragile.
25 August 2015
Global financial markets were in turmoil this week after China’s stock market suffered its biggest one-day plunge since 2007. The crisis has been dubbed “Black Monday”.
25 August 2015
Greece’s coalition government, led by the radical left party Syriza, has collapsed because it capitulated to bosses’ pressure to sign a new bailout agreement. This forced Syriza leader Alexis Tsipras to call a new election.
15 July 2015
Sally Kincaid looks at the causes of China’s stock market crash and how it terrifies the country’s workers and rulers for different reasons