With the stroke of a pen, the multi-millionaires who run Airbus have thrown out tens of thousands of workers into anxiety. An international appeal has been launched demanding the unconditional withdrawal of the Power 8 plan and the nationalisation of Airbus-EADS, without compensation to the big shareholders.
Airbus workers throughout Europe
have reacted with anger to the announcement on 28 February of the axing of
10,000 jobs at its plants in Europe as part of
its "Power 8" plan. Following the announcement, Airbus workers responded with
walk-outs and stoppages in France and Germany.
The World Institute for Development Economics Research of the United Nations University has carried out what it declares the 'most comprehensive study of personal wealth ever undertaken'. Unsurprisingly it concludes that the wealthy few are getting richer and richer at our expense.
Hands Off Venezuela member Melanie McDonald reports on the delegation sent in December to observe the Presidential elections. They were everywhere, at the Co-ops, in the meetings, at the occupied factories and all over the media.
George W. Bush last month announced his "new strategy" for Iraq. His speech consisted of the usual rhetoric about "establishing democracy" and "defeating the terrorists" but particularly a lot of wishful thinking. Like an about to be defeated poker player, US imperialism faces the problem every gambler has when he is losing: if he leaves the table, he won't be able to win back his losses. But a final bet can prove fatal too.