FRAN HEATHCOTE believes that while the the Chancellor outlined some positive steps, the government does not appreciate the scale of the cost-of-living crisis affecting working-class people, whose lives are blighted by endemic low pay
Spectre of hyper-inflation continues to haunt Argentinian economy
The underlying structural problems of the republic’s economy are rooted in a neocolonial and neoliberal world order, argues BERT SCHOUWENBURG
German Chancellor Friedrich Merz is pouring €11.5bn into the Kiev swamp, blocking Trump’s peace plan, and pushing Nato right up to Russia’s borders – no matter if it costs hundreds of thousands of lives, warns SEVIM DAGDELEN
The 2025 Budget shores up the PM’s political position with headline-grabbing welfare U-turns, but with no improvements on offer to declining public services or living standards, writes MICHAEL BURKE
The unifying victory of Irish progressive forces in the presidential campaign should be a salutary lesson to the left in this country, argues MARY GRIFFITHS CLARKE
Martin Taylor, the hedge-fund multimillionaire who has poured millions into pushing Labour rightwards, helped finance Lucy Powell’s supposedly dissenting campaign — suggesting her victory was not the ‘soft-left’ rebellion some have claimed, says SOLOMON HUGHES
A November 15 protest in Mexico – driven by a right-wing social-media operation – has been miscast as a mass uprising against President Sheinbaum. In reality, the march was small, elite-backed and part of a wider attempt to sow unrest, argues DAVID RABY
THE abrupt resignation of economy minister Martin Guzman on July 2 was the most significant casualty to date of the power struggle between Argentinian President Alberto Fernandez and his deputy Cristina Fernandez de Kirchner and their respective supporters in the ruling Frente de Todos coalition government.
Guzman was the architect of a restructure of the remaining $44 billion of a $55bn International Monetary Fund loan, obtained in dubious circumstances by the previous corrupt government of Mauricio Macri in 2018.
Critics say that the price of the restructure is too high. In return for postponing repayment until 2026, Argentina must decrease subsidies on public services, cut spending, reduce monetary emissions and increase interest rates as a means of combating the chronic inflation that has long afflicted the country.
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The US president’s universal tariffs mirror the disastrous Smoot-Hawley Act that triggered retaliatory measures, collapsed international trade, fuelled political extremism — and led to world war, warns Dr DYLAN MURPHY
Global South governments’ sovereignty and ability to decide future economic policy are severely compromised by signing free trade agreements, whose terms are heavily weighted in favour of the already wealthy countries of the global North, writes BERT SCHOUWENBURG