“Trade wars are good” – Trump threatens fragile world economy In the last week, US President, Donald Trump announced his intention to raise tariffs on steel and aluminium imports, threatening to start a dangerous trade war with the rest of the world. This could plunge the world economy into another deep slump.
Reinflating the bubble: a balance sheet of 10 years of crisis The last two months have seen renewed worries about the economy. It was meant to be a period of optimism, with plenty of positive figures on unemployment, wage growth and so on. Yet in spite of the figures, the markets are jittery and the bourgeois is gradually realising that none of the problems that caused the crisis in 2008 have been resolved. If anything, they have become even worse.
World stock market turmoil – prepare for a rough ride Despite all the euphoria in the past period about the world recovery and booming stock markets, events have taken a sharp turn for the worse. Over the past week, stock markets around the world have plunged.
