World Socialist Web Site

9 August 2011

Biggest global stock market plunge since 2008

By Andre Damon, 9 August 2011

The calamitous sell-off on world stock markets, which on Monday topped even the enormous losses of last week, puts to rest any claim that the crisis that erupted in 2008 was temporary.

Major police clampdown as riots spread across London and other UK cities

By Julie Hyland, 9 August 2011

A massive police presence has been established across parts of the capital in an attempt to crush the eruption of social anger that has affected areas of north and southeast London and is spreading to other UK cities.

China lectures Washington on S&P; downgrade

By John Chan, 9 August 2011

Xinhua’s strident statement is a sign of China’s vulnerability to the deepening US and international economic crisis and the consequent rise in tensions between the world’s two largest economies.

New York City workers speak out against budget cuts

By a reporting team, 9 August 2011

Workers and youth in the Flatbush section of Brooklyn in New York City spoke to the World Socialist Web Site about the impact of the budget cuts.

More on the US budget crisis »

CIA, US military operating inside Mexico’s “drug war”

By Bill Van Auken, 9 August 2011

The Mexican government has acknowledged that US intelligence and military officials are deployed inside Mexico, but refused to confirm details on their role in the country’s “drug war” for reasons of “national security.”

German army commences recruitment in schools

By Francisca Vier, 9 August 2011

None of Germany’s established political parties are seriously opposing moves by the military to exploit young people’s lack of prospects by conducting recruitment drives in schools.

Australian shares plunge along with Asian, world markets

By Patrick O’Connor, 9 August 2011

A massive sell-off underscores the acute sensitivity of the Australian markets to shifts in the world economy.

Québec Solidaire: An ally of the ruling elite

By Éric Marquis and Louis Girard, 9 August 2011

By its response to the crisis in the Québec sovereignty movement and to Canada’s imperialist intervention in Libya, Québec Solidaire has demonstrated that it seeks a place within Quebec’s bourgeois political establishment.

Tensions remain high after clashes on Kosovo-Serbia border

By Ante Dotto, 9 August 2011

Tensions remain high after violent clashes broke out again at the end of last month on the Kosovo-Serbia border.

US House Judiciary Committee approves bill to abolish visa lottery

By Ali Ismail, 9 August 2011

The measure approved by the House panel would eliminate a 16-year-old program that provides a legal route to permanent resident status for some 55,000 immigrants each year.

New in Romanian

Bugetul bancherilor

De Jerry White , 8 august 2011

Statele Unite s-au născut în urma unei lupte revoluţionare împotriva unei aristocraţii adânc înrădăcinate. Clasa muncitoare se confruntă astăzi cu un inamic la fel de determinat: o elită financiară parazitară a cărui unic răspuns la criza pe care a creat-o sunt atacurile tot mai drastice asupra condiţiilor sociale a majorităţii populaţiei din SUA şi din întreaga lume.

New in Spanish

La convocatoria de elecciones anticipadas en España

Por Peter Schwarz, 9 Agosto 2011

Bajo la creciente presión de los mercados financieros, el primer ministro español José Luis Rodríguez Zapatero ha anunciado elecciones anticipadas para el 20 de noviembre, cuatro meses antes de la fecha límite de marzo de 2012.

New in German

USA verlieren ihr Top-Rating

Von Barry Grey, 9. August 2011

Die beispiellose Herabstufung der Kreditwürdigkeit der USA markiert einen Wendepunkt in der Krise des amerikanischen und des weltweiten Kapitalismus.

Auftaktveranstaltung der PSG zum Berliner Wahlkampf

Von unserem Korrespondenten, 9. August 2011

Die Partei für Soziale Gleichheit diskutierte am 6. August auf einer gut besuchten Versammlung über die Folgen der Wirtschaftskrise, das Aufkommen der extremen Rechten und die Aufgaben einer revolutionären, sozialistischen Partei.

Größte Demonstration in der Geschichte Israels

Von Jean Shaoul, 9. August 2011

In Israel demonstrierten am Samstag über eine Viertelmillion Menschen gegen steigende Lebenshaltungskosten und Mietwucher. Es waren die größten Sozialproteste der Geschichte.

USA bereiten Militärintervention in Somalia vor

Von Susan Garth, 9. August 2011

Unter dem Vorwand der angeblichen humanitären Sorge um die Opfer der Hungersnot bereitet die Obama-Regierung in Somalia eine neue Militärintervention vor.

Tödliche Polizeikugel löst Unruhen im Norden Londons aus

Von Julie Hyland, 9. August 2011

Samstagnacht brachen in Tottenham im Norden Londons nach Protesten gegen die Erschießung von Mark Duggan Unruhen aus.

New in French

La révolution égyptienne à la croisée des chemins

Par Johannes Stern et Alex Lantier, 9 août 2011

Les forces de la contre-révolution se mobilisent pour tenter d’écraser le mouvement déclenché par le renversement du président Hosni Moubarak par la classe ouvrière en février dernier.

New in Arabic

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