The following article by Jude Woodward, about the crisis the US has whipped up about North Korea, was originally published by New Cold War.org.
Trump’s dramatic escalation of sabre-rattling over North Korea from mid-April was not triggered by any new provocative action by North Korea nor any notable advance in its nuclear or missile programme, although in the din of overwrought rhetoric emanating from Mar-a-lago it appeared that the US and North Korea's neighbours faced an imminent threat. But this crisis was conveniently timed to influence the outcome of the South Korean presidential elections due on 9th May.
By Ian Richardson
The General Election on 8 June is a classic ‘cut-and-run’ election, called on the back of mounting evidence of the economic squeeze that is already beginning to result from Brexit and the fact that the false promises about Brexit are unravelling, including that Britain could dictate the terms it chose for a Brexit deal. This means the Tories are at a high water mark, which will now recede. Theresa May knows this and has gone for a snap election before things start to run downhill.
China's recently concluded "two sessions," the National People's Congress and the Chinese People's Political Consultative Conference, reaffirmed China's strategic medium term goal to create a "moderately prosperous society in all respects" by 2020. But "moderately prosperous" is a specifically Chinese term. To give a clearer idea internationally of what achieving this would mean, it is enlightening to give a global comparison for China's goal of "moderate prosperity."
By Stephen Bell
The bombing of a Syrian airfield by US President Trump represents a further escalation of the US military presence in the Middle East. It is immediately unclear whether this represents a one-off, or the start of a campaign against Syria. US Ambassador to the UN, Nikki Haley said ‘We are prepared to do more, but we hope it will not be necessary’. The action was taken without UN authorisation, or US Congressional debate.
By Paul Atkin
There is an air of recklessness about this government. It’s as if they are aware of how thin and shallow their popular support is, so they are going for broke in the hope of carrying the day through sheer chutzpah. In the process they run the risk of pushing an already straining schools system beyond breaking point.
Economic targets for China were announced during the National People’s Congress of at least 6.5% annual GDP growth during the 13th Five Year Plan in 2016-20 and 6.5%-7.0% for 2016. Some Western economists claim such targets cannot be achieved. In fact, analysis of supply side factors, which will primarily be relied on to achieve these goals, shows clearly why China can achieve its 6.5% minimum growth goal.
Labour’s opposition was instrumental to the Tories’ Budget crisis
Less than one year after winning the General Election the government has suffered a significant setback under the pressure of Labour's attacks. The Tories have been forced to reverse a number of budget proposals, the Chancellor's reputation for competence is in shreds, a cabinet minister has resigned, Tory infighting has intensified and Labour has advanced in the polls.
By Barry Gray
John McDonnell's announcement of a 'Fiscal Credibility Rule' lays the foundation on which Labour can restore its economic credibility and correct the key policy failure that lost it the 2015 General Election. Jeremy Corbyn's anti-austerity agenda is now underpinned with a sound economic framework. These policies to improve people's living standards should set Labour's agenda for its fight against the Tories. To guarantee this advance can be maintained it is necessary to remove the threat of a leadership coup.
The following article by John Ross, setting out why the Chinese economy will not have a hard landing, was previously published by Socialist Economic Bulletin.
Some US hedge funds, echoed by parts of the international media, are currently trotting out the perennially inaccurate myth that China's economy is about to suffer a "hard landing." This invariably incorrect prediction has been periodically repeated for decades since China launched economic reforms in 1978. The claim then was that by failing to privatize companies, not adopting what became known as "shock therapy" in Russia and Eastern Europe, China condemned itself to stagnation. Instead in 1978-2015, China experienced average annual 9.6 percent GDP growth - the fastest by a major economy in human history.
Refugees welcome here – Join the 19 March protest!
The British government and media demonisation of refugees and their whipping up of other forms of racism is a key ideological component of capital's austerity offensive. The aim is to distract attention from the cause of declining living standards and divide the population so it fights amongst itself.
Labour lost the last general election because it had no economic credibility, as the overwhelming bulk of opinion polls show. John McDonnell’s new ‘Fiscal Credibility Rule’ decisively and correctly addresses that issue.
John McDonnell is restoring Labour’s economic credibility
The Labour leadership are seriously addressing the previous weaknesses in Labour's economic policy, that deprived the party of economic credibility - a major factor in it losing the last general election.
Support the Junior Doctors strike! Fighting for our NHS!
The Tory government has once more forced junior doctors into strike action. Industrial action in the NHS is extremely rare but under this government it is becoming almost common place.
By Thomas Leary
International Women’s Day in the centenary year of the 1916 Irish Rebellion is an opportune time to recall the life and struggles of Constance Markievicz, one of the leaders of the rebellion and lifelong advocate of women’s liberation, Irish national independence and revolutionary politics.
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