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19 November 2008

'We're not taking these job cuts'

Super-rich bailed out by public purse while the rest of us are sinking, photo Suz squashdonkey.co.uk

Super-rich bailed out by public purse while the rest of us are sinking, photo Suz squashdonkey.co.uk

BT slashes 10,000 posts: BT's recent announcement of 10,000 job cuts, as well as the loss of pension benefits, is an attempt by senior management to offset their poor performance, writes Bernard Roome, Communication Workers Union (CWU) national executive member, personal capacity.

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2 October 2008

What is short-selling and will the ban have any effect?

UK stock markets: THE UK Financial Services Authority (FSA) has banned short-selling on certain shares until January 2009, "to guard against further instability in the financial sector", writes Fiona Pashazadeh.

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1 June 2006

'Correction' or crash?

World economy: IN THE second week of May there was a convulsion in the world financial system. Shortly after rising to near-peak levels, shares fell sharply on world stock exchanges, especially in so-called 'emerging markets' like India and Turkey. Lynn Walsh examines these events and exposes the instability of the global capitalist system.

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9 June 2005

Pakistan: Strike resists Telecom privatisation

ONLY WEEKS before the G8 summit, Pakistan telecom workers, through all-out struggle, have shown how to fight privatisation - one element of the 'neo-liberal' policies promoted by the likes of Bush and Blair...

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19 May 2005

Football: Fans protest at billionaire’s takeover

ABOUT 2,000 men, women and young people came out on 12 May - some still in their work clothes or school uniforms...

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19 May 2005

Royal Mail privatisation threat after workers deliver record profits

ROYAL MAIL bosses are planning to borrow £2 billion from the government so that they can partly privatise the company by giving shares to the workforce...

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12 January 2001

Now the Party's Over

What We Think: THE BELL is tolling for the decade-long US economic boom. With all the US economic indicators showing signs of slowdown, US Federal Reserve Chairman Alan Greenspan's surprise cut in US interest rates...

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2 June 2000

Are the dotcoms deadcoms?

THROUGHOUT THE 1990s, investors in shares just assumed that share prices would go ever upwards. But in recent months all the froth of the 'booming' internet companies - known collectively as dotcoms...

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2 June 2000

Stock markets: A Giant Gambling den

Analysis: WHEN TV news bulletins try to explain financial matters they tend to lose their audience in a complex fog of FTSEs, Nasdaqs, trade deficits and so on...

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