29 October 2008

Global economic crisis hits Japanese banks, exporters

By Peter Symonds, 29 October 2008

Despite claims that Japan was well positioned to weather the crisis, the world’s second largest economy is rapidly being dragged into the financial and economic maelstrom sweeping the globe.

Oil price drop undermines stability of Iranian regime

By James Cogan, 29 October 2008

With the price of oil plummeting on world markets, the Iranian government of President Mahmoud Ahmadinejad is confronting a deepening financial and social crisis.

Britain: the SWP and Galloway’s Respect Renewal on the economic crisis

By Chris Marsden, 29 October 2008

The Socialist Workers Party and George Galloway’s Respect Renewal held separate meetings last Saturday discussing the economic crisis gripping world capitalism.

Sarkozy intends to partly nationalise “strategically important” companies

By Peter Schwarz, 29 October 2008

Right-wing President Nicolas Sarkozy’s plan to protect “strategically important” French enterprises against their take-over by foreign investors receives support from German “lefts.”

Highland ParkDetroit residents and firemen denounce social decay in fire deaths

By Daniel Douglass, D’Artagnan Collier and Tim Tower, 29 October 2008

Residents and firemen in Highland Park, Michigan have denounced the social conditions that led to four deaths in a tragic house fire last week.

German economics expert compares bank managers to persecuted Jews

By Ulrich Rippert, 29 October 2008

In an interview with Tagesspiegel, Munich-based economics professor Hans-Werner Sinn has compared the current widespread criticism of bank managers with the persecution of the Jews under the Nazis.

Alaska Senator convicted on seven corruption charges

By Patrick Martin, 29 October 2008

Senator Ted Stevens of Alaska, the longest-serving Republican in the history of the US Senate, was convicted Monday on seven felony counts of filing false reports to conceal more than a quarter-million dollars worth of gifts from political and business cronies.

New in Russian

Кампания президентских выборов в США: Итоги

Бэрри Грей, 29 октября 2008 г.

За неделю до дня выборов в США опросы общественного мнения показывают, что вероятным победителем с заметным преимуществом станут Барак Обама и Демократическая партия.

New in Turkish

Uluslararası mali kriz şiddetlenirken
Türkiye ekonomisi sendeliyor

Sinan İkinci, 29 Ekim 2008

Türkiye'nin başbakanı ve İslamcı Adalet ve Kalkınma Partisi'nin (AKP) lideri Recep Tayyip Erdoğan, piyasalara güven aşılamak ve ülke ekonomisinin sürmekte olan küresel ekonomik kriz karşısında güçlü durumda olduğunu iddia etmek için geçtiğimiz Pazar günü televizyondan bir ulusal sesleniş konuşması yaptı.

New in French

1968 : Grève générale et révolte étudiante en France
Septième partie : La ligne centriste de l'OCI (3)

Par Peter Schwarz, 29 octobre 2008

Voici la septième partie d'une série d'articles traitants des événements de mai-juin 1968 en France. Les quatre dernières parties, dont celle-ci, analyse le rôle de l'organisation de Pierre Lambert, l'Organisation communiste internationale (OCI).

Venez entendre à Montréal le candidat du PES à la vice-présidence américaine
Les origines et les implications de la crise financière : Une analyse marxiste

29 octobre 2008

Bill Van Auken, le candidat à la vice-présidence du Parti de l’égalité socialiste américain, examinera les implications politiques et historiques de la crise économique pour les États-Unis et pour le monde.

New in German

Sarkozy will "strategisch wichtige" Unternehmen verstaatlichen

Von Peter Schwarz, 29. Oktober 2008

Sarkozys Verstaatlichungsmaßnahmen haben nichts mit linker oder gar sozialistischer Politik zu tun. Es handelt sich um protektionistische Maßnahmen, darauf ausgerichtet, die mächtigsten französischen Konzerne zu schützen, zu denen Sarkozy intensive Beziehungen pflegt.

Das "schmutzige kleine Geheimnis" des Rettungsplans für die US-Banken

Von Barry Grey, 29. Oktober 2008

Die US-Banken haben kein Interesse daran, das Geld aus dem Rettungsfonds der Regierung zur Vergabe neuer Kredite einzusetzen.

Kann China die Bankenrettungspakete der USA und Europas finanzieren?

Von John Chan, 29. Oktober 2008

Nachdem die amerikanische und europäische Regierungen sich verpflichtet haben, enorme Rettungsaktionen für ihre jeweiligen Bankensysteme durchzuführen, stellt sich die offensichtliche Frage: wo wollen sie das Geld hernehmen?

Weitere Anzeichen für eine Rezession in Japan

Von Peter Symonds, 29. Oktober 2008

Nach wochenlangen extremen Schwankungen der japanischen und der globalen Börsen, mehrten sich in der letzten Woche die Anzeichen, dass sich die zweitgrößte Wirtschaft der Welt in einer Rezession befindet.

Perspective

What is behind US-Taliban talks?

29 October 2008

Yesterday the Wall Street Journal reported on US plans to open direct negotiations with Taliban leaders in Afghanistan.

Earlier Perspectives »

Workers Struggles

Boeing strikeMachinists union accepts job-cutting deal in bid to end Boeing strike

By Hector Cordon and Barry Grey, 29 October 2008

The IAM, representing 27,000 striking Boeing workers in Washington, Oregon and Kansas, has signed a tentative contract with the airplane manufacturer that is a betrayal of the workers’ seven-week struggle against outsourcing and job destruction.

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New York City cops arrest immigrant day laborers

By Luis Arce and Bill Van Auken, 29 October 2008

The arrests last week of immigrants workers seeking casual labor has sent a chilling warning throughout Jackson Heights, a heavily immigrant neighborhood in Queens.

Workers Struggles: The Americas

29 October 2008

The World Socialist Web Site invites workers and other readers to contribute to this regular feature.

Arts Review

Living on thin ice: Frozen River

By Hiram Lee, 28 October 2008

Frozen River, set on the US-Canadian border in northern New York state, is a sincere effort and a compassionate portrayal of a working class family’s struggle to stay afloat.

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