International

The disarray among ruling circles in the
European Union could hardly have been more clearly depicted than at the
‘summit’ over the weekend of October 4th and 5th. In
reality the event was little more than a photo-shoot. The meeting brought
together the Prime Ministers of Britain, Germany, Italy and France. The Prime
Minister of Spain clearly had his nose put out of joint by the lack of an
invitation. The other EU members (currently 27 nation states) also may well
have asked why they weren’t to be asked to take part in decisions that could
profoundly affect their futures.

The only realistic reply could be that the
meeting would have been even more of a shambles. Europe cannot get its act
together. First the participants at the summit swore to unite in action in the
teeth of the crisis. Secondly, when it came to pumping money in to the European
banking system (which must come if the plan is serious) they all got cold feet.
National interests came first. German finance minister Peer Steinbruck blew the
gaff. “We as Germans do not want to pay into a big pot where we do not have
control and do not know where German money might be used,” he complained. Since
the EU nations are not hanging together, they will hang separately.

Our
lives, those of our children, our health and living are subjected to the whims
of the gambling table, otherwise known as the ‘world financial system’. In what
way can betting on the prices of stock and shares benefit humankind? Rather, it
inevitably leads, at some stage, to crisis, as the blind bets get called in.

Now,
with the crisis of the capitalist system unfolding, the poverty, hunger and
homelessness experienced by some sections of working class people is spreading
to wider and wider layers. This is initially being expressed in foreclosures on
home loans and an increase in homelessness.

Two-thirds of U.S. corporations paid no federal
income taxes between 1998 and 2005, according to a new report from Congress.

The study by the Government Accountability Office, said about 68% of foreign
companies doing business in the U.S. avoided corporate taxes.

"It’s shameful that so many corporations make big profits and pay nothing
to support our country," said
Senator Byron Dorgan.

As food prices
soar world-wide it was reported recently on the BBC that ‘Ethiopia has launched an urgent
appeal to international donors for more than $300m (£154m) of emergency aid’.

According the news item, ‘a
total of 4.6 million people are now thought to need food aid, because of the
drought which struck most of the country in the early part of this year. In
some parts of the country, health centres and feeding clinics are already being
overwhelmed with large numbers of severely malnourished children. Existing
stocks of food aid will cover June, but the crunch will come in July.’

The following statements were
unanimously passed at the World Congress of the International Marxist Tendency. A detailed report about the congress will follow in the coming weeks.

The death of Manuel Marulanda, the legendary leader of the
Revolutionary Armed Forces of Colombia (FARC), reopens a debate over the perspectives
for the FARC and for the class struggle in Colombia.

Tarragona, one of the industrial hearts of Spain, is one of the areas where unemployment is going to hit hard as the current crisis deepens. The region’s high percentage of industrial workers in the petrochemical industries and the big tourism sector is going to make September a difficult time, as hotels close and tourists return home.