Can the Federal Reserve and the ECB prevent the credit crisis?

In spite of the phenomenal injection of cash by the European Central Ban k [ECB] and the Federal Reserve [the Fed] (which two days earlier paradoxically said it was not going to intervene in the markets, leaving interest rates fixed), it is important to bear in mind that we are facing, not merely a crisis […]

Puerto Deseado: Workers’ rebellion in Santa Cruz

For several weeks the fishing workers of Puerto Deseado have been carrying out a hard struggle for a wage increase and fighting against the “tax on work” (tax on earnings). On Friday, July 20, the anger of the assemblies spread to the plants and the bosses felt the workers’ fury in their own flesh. From […]

France: Wave of workers’ suicides

Since the beginning of this year, there have been five suicides by workers in PSA Peugeot-Citroën Mulhouse because of the exhausting conditions of work; these should be added to alarming cases in other firms. This is a sign of how alienation at work, as a result of the recapturing of management’s power and control from […]

The new accident of TAM

New act of negligence by the Lula government and TAM kills nearly 200 people, among workers and passengers Negligence by Lula’s government, through Infraero (the public enterprise that administers Brazilian airports) and by the Air Force, as well as unbridled capitalist exploitation by the airline companies, with TAM in the lead at this moment, was […]

Oaxaca: the people return to the streets and confront repression

A year ago at this time, the people of the capital of Oaxaca, led by Section [local] 20 of the SNTE (teachers’ union) and the Asamblea Popular de los Pueblos de Oaxaca (APPO), seized the streets to conduct their own people’s Guelaguetza1Traditional fiesta of Oaxaca where the different ethnic groups present their customs and habits […]

Tremendous National Day of Protest

Repudiate the servile and repressive Alan García Release the workers’ and people’s militants! On Wednesday, July 11, the National Day of Protest, called by the Confederación General de Trabajadores de Perú (CGTP), was carried out, in defiance of the presence of the armed forces that President Alan García sent to the main urban and production […]

Massive march for Carlos Fuentealba

By Graciela Frañol, teacher from Neuquén and delegate to the CTERA union congress July 4 marked three months since the public shooting of our comrade Carlos Fuentealba [a teacher and union activist]. Last week, assemblies were held in all the sectional divisions of ATEN [Neuquén teachers’ union, Asociación de Trabajadores de la Educación de Neuquén], […]

Chávez and the communications media

We publish below a letter that a comrade sent us, the editorial staff of La Verdad Obrera, and the reply by Milton D’León, from the Juventud de Izquierda Revolucionaria (JIR), on the non-renewal of RCTV’s license and the policy we revolutionaries ought to raise. In his question, the comrade only raises two possible alternatives: supporting […]

On the Confrontations in Gaza and the West

Down with the economic, political and military blockade of Gaza and the democratically elected government of Hamas! No separation of Gaza and the West Down with the collaborationist leadership of Abbas, agent of the Zionist state of Israel and the United States! Imperialists out of Iraq, Palestine, Lebanon and the whole Middle East. On Thursday, […]