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Germany: IG Metall union organizes job cuts

Several thousand steelworkers demonstrated in front of the main Thyssenkrupp plant in the north of Duisburg. IG Metall brought them there from all Thyssenkrupp sites in North Rhine-Westphalia and from Hüttenwerke Krupp Mannesmann in the south of Duisburg.

Dietmar Gaisenkersting

Workers Struggles: Europe, Middle East & Africa

Widespread stoppages in Greece on May Day across most sectors denounce Gaza genocide and austerity; ongoing protests in Iran against cost-of-living crisis by pensioners, industrial and agricultural workers; doctors and clinicians strike continues in Kenya for almost two months over staff shortages, pay cuts and lack funding

Fed says interest rates to stay higher for longer

The decision raises the prospect of turmoil in international currency markets where the Japanese yen has been falling and hit its lowest rate against the dollar in 34 years on Monday.

Nick Beams

UK students set up Gaza protest encampments

Students in the UK have taken action in solidarity with those in the US facing down fierce police repression and fascist violence to protest the imperialist-backed Israeli genocide in Gaza.

Our reporters

A significant speech by a central banker

The picture presented by the governor of the Italian central bank was of a world in which all the economic and political institutions set in place after 1945 to prevent war are breaking down.

Nick Beams

Workers Struggles: The Americas

Non-contract teachers in Sao Paulo, Brazil strike against privatization, while a strike vote by Canadian rail workers at CPKC and CN is set to conclude May 1.

US to send largest weapons shipment yet to Ukraine

On Friday, the US Defense Department announced it was sending its largest weapons order to Ukraine to date, totaling $6 billion, after President Joe Biden signed into law a $95 billion military spending bill last Wednesday.

Andre Damon

This week in history: April 29-May 5

This column profiles important historical events which took place during this week, 25 years ago, 50 years ago, 75 years ago and 100 years ago.

Workers Struggles: Asia, Australia and the Pacific

Bangladesh police open fire on protesting garment workers; Australia: Fraser Island Council workers protest for better pay and conditions; New Zealand doctors to strike after rejecting pay deal.

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