Global economy

Trump and Irish Prime Minister Michael Martin

Trump’s trade wars and new global recession – oppose all cuts to jobs, pay and services

Global economy, Europe    

By Finghín Kelly, Socialist Party Ireland. 28 April 2025  Trump’s so-called “liberation day” announcement, massively jacking up tariffs on goods entering the United States, was met with a major sell-off of shares around the globe, with trillions wiped off the stock markets as capitalists put their money into cash and safer assets.  Pointing to an […]

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Modi and Trump meet with handshake

The reality of Modi’s India tested by Trump’s tariffs

Asia, Global economy    

By Socialist Struggle India, 28 April 2025 For all the talk of India’s “strategic autonomy”, Trump’s display of raw power on the global stage in recent weeks has brought Modi’s inflated global pretensions down to size.  The latter’s bootlicking praise of Trump, far from countering that process, has only made it more obvious. Already when

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Trump looks on as world burns

Trump regime provokes shock in world economy – a new stage in the era of capitalist disorder

Global economy    

By Peter Delsing, PRMI in Belgium. 8 April 2025 The tariffs announced by US president Donald Trump last week sent shock waves through stock markets, governments and business headquarters. Working class and poor families worldwide will be the hardest hit by this trade war. Tariffs on goods imported into the US have leapt from about

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Discussing the global situation – report of PRMI meeting

News and analysis, Imperialist conflict and war, Socialist feminism, Global economy, PRMI    

PRMI Reporters At the end of December, an international meeting of organisations and supporters from twenty-two countries was held to discuss the current global situation and take a series of political decisions concerning the work of the Project for a Revolutionary Marxist International [PRMI].  Just a week before the meeting, the sixty-year long Assad dictatorship

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