Last week, the Bank of England hiked its
interest rates, yet again, to 5.75%. This
was the fifth rise since August 2005.
And the head of the bank, Mervyn King, said that "further action" on
interest rates could be necessary. Most
observers reckon the interest rate that most borrowing and mortgages are based on
- the bank rate - will go to 6% or more by the end of this year.
As Gerry Ruddy
explains, "The issue of the national question in Ireland is at heart a class
question. The division of the country into two separate states has encouraged
sectarianism, seriously dividing the working class and allowing the continued
exploitation of all workers." This while in the recent period the IRSP in the
South of Ireland has come under attack from political policing.
In September last year the
Conservative party came to power in Sweden. Now Swedish workers have a tough
fight ahead of them to defend the remnants of the Swedish welfare
state. Should the next general election return a Conservative
government, British workers would do well to study the Swedish
As the Middle East descends deeper into a vicious cycle of
death and destruction, the Reverend Blair has stepped once again
onto the world stage as international envoy for the Middle East,
representing the "Quartet" of the European Union, Russia, United
Nations and United States. In this new role, Blair has the strong
backing of the US President George W. Bush, who is the key player. In
other words, Blair will bend the knee as always to US imperialism and
Rob Walsh reviews Iran on the Brink, a book by Andreas Malm and Shora Esmailian, that tells the story of the struggles that have shaped Iran since 1906. It
shows how workers' independent organisations have formed an important
component of every struggle for democracy, including the revolution that overthrew the
dictatorship of the Shah in 1979.