The defeat of Nicolas Sarkozy in the
presidential elections opens a new phase of the class struggle in
France. The socialist candidate, François Hollande, won 51.62 % of the
vote. However, this overall score tends to conceal the social basis of
the election result. Practically all the major towns and cities voted
massively for Hollande – or, to be closer to the truth, to get rid of
Sarkozy.

The Argentinian government of Cristina Kirchner decided to renationalise the oil company YPF from Spanish multinational REPSOL. The Financial Times described it as “economic piracy” and thundered that her actions should not go unpunished. The Venezuelan government has supported the re-nationalisation and offered support on the basis of “sovereign control over natural resources”. To discuss the issues involved we are […]

The results of the first round of the presidential elections in France
mean that the second round will be fought out between Nicolas Sarkozy
and the Socialist Party candidate, François Hollande.