Economists estimate extreme poverty could be drastically reduced for a fraction of global defence spending, yet military budgets continue to expand year on year, says JON TRICKETT MP, ahead of the Stop the War International Conference on Saturday
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Milei’s affronts to China backfire
Already the extremism of the new Argentinian president’s administration is being watered down in the face of reality – but now the Chinese central bank has cut funding it could be in serious trouble, writes JAMES MEADWAY
Argentina's President Javier Milei (centre right) arrives at the Metropolitan Cathedral for an interfaith ceremony in Buenos Aires, Argentina, December 10, 2023
As Unison launches its Year of Women Workers, ANNIE COGAN-THOMAS argues that stronger organisation and collective bargaining are essential to winning equality
Trade unions, trades councils and community organisations must work together to build lasting solidarity and resistance to the far right, argues DREW GILCHRIST
Recent violence in Belfast was not spontaneous — it was built on years of failure and political neglect, argues STIOFAN O NUALLAIN
As delegates meet in Brighton this week, Unison faces pressing questions about pay, organising, workers’ rights and political representation, explains ANDY CHAFFER
Andy Burnham’s growing stature has fuelled hopes of a Labour revival – but ALAN SIMPSON warns that Britain’s crisis runs far deeper than just its leadership and traces its roots to decades of financialised capitalism
THE Chinese government may have pulled the plug on far-right “anarcho-capitalist” President of Argentina Javier Milei, just weeks after his shock election win.
In a spectacular demonstration of how the lines of geopolitical power are shifting, the People’s Bank of China has withdrawn its “swapline” to the Argentinian central bank, depriving it of a vital source of cheap funding.
This leaves debt-ridden Argentina without ready access to funding to meet its promises to pay creditors. These international creditors include the IMF, to whom Argentina owes a world-record $43 billion.
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