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No 'bounce back' as UK economy shrinks by further 1.5% in three months


Workers Revolutionary Party
IT SPEAKS volumes for the disastrous state of British capitalism that news that the UK economy has collapsed by a further 1.5% in the first three months of 2021 is greeted by bourgeois commentators and politicians as a sign of its strength not terminal weakness.
As the Guardian newspaper’s economic editor Larry Elliot wrote: ‘In normal circumstances, news that the UK economy had contracted by 1.5% in the first three months of 2021 would be considered deeply concerning. Falls of that size only tend to happen in the most severe recessions.’
However Elliot was quick to reassure his readers that these months were ‘anything but normal’, citing the coronavirus lockdown forced on the Tories by the massive wave of Covid infections following their lethal reopening of the economy last year. ....

United Kingdom , Larry Elliot , Joe Biden , Boris Johnson , Rishi Sunak , President Joe Biden , Quantitative Easing , Wall Street , Socialist Revolution , ஒன்றுபட்டது கிஂக்டம் , ஓஹோ பிடென் , போரிஸ் ஜான்சன் , ரிஷி சுனக் , ப்ரெஸிடெஂட் ஓஹோ பிடென் , சுவர் தெரு , சோசலிஸ்ட் புரட்சி ,

Spain's Morenoite Izquierda Diario downplays pandemic as PSOE-Podemos government lifts restrictions


Spain’s Morenoite Izquierda Diario downplays pandemic as PSOE-Podemos government lifts restrictions
Two weeks after PSOE (Socialist Party)-Podemos government called to end Spain’s state of alarm, the Morenoite Workers’ Revolutionary Current (CRT) has shown itself to be utterly indifferent to the many lives that will be lost to COVID-19 as the ruling elite lifts social-distancing restrictions.
Podemos leader Pablo Iglesias (Wikimedia Commons)
The state of alarm is the juridical mechanism allowing regional governments to impose coronavirus health measures such as lockdowns, curfews and mobility restrictions. Announcing the lifting of this measure on April 6, PSOE Prime Minister Pedro Sánchez declared: “I hope that it will not be necessary to continue the state of alarm and that the Interterritorial Health Council will continue responding … We want May 9 to be the end, full stop, of the state of alarm.” ....

Izquierda Diario , Fernando Sim , International Of Socialist Revolution , Fourth International , International Committee Of The Fourth , Centre For The Coordination Of Health , Interterritorial Health Council , Socialist Party , Morenoite Worker Revolutionary Current , Capitalist Disaster , Socialist Revolution , Trotskyist Fraction Fourth International , Health Alerts , International Committee , Workers Revolutionary Current , Covid 19 , State Of Alarm , Socialist Party , பெர்னாண்டோ சிம் , நான்காவது சர்வதேச , சர்வதேச குழு ஆஃப் தி நான்காவது , மையம் க்கு தி ஒருங்கிணைப்பு ஆஃப் ஆரோக்கியம் , சோசலிஸ்ட் கட்சி , சோசலிஸ்ட் புரட்சி , ஆரோக்கியம் விழிப்பூட்டல்கள் , சர்வதேச குழு ,