The Collapse of US Banks

THERE is nothing mysterious about the reasons for the collapse of the Silicon Valley Bank and the Signature Bank in the United States. There is also nothing mysterious about why the entire banking system of the capitalist world has come under a cloud: once some part of the system collapses, the other parts of it get saddled with “toxic” assets, which are nothing else but the liabilities of the collapsed part of the system, and hence become subject to a “domino effect”. The real issue is: how did US capitalism get into a situation where its banking system came under such severe strain?

Second Phase of Kisan Movement to Build Up

AGAINST the anti-peasant policies of the Narendra Modi government, farmers in the country, unitedly under the leadership of Samyukta Kisan Morcha (SKM), organised the longest, most united, and most historical struggle in 2020 and 2021. They faced unprecedented attacks and oppression by the government. They became victims of widespread false government propaganda and RSS propaganda. 750 of our comrades became martyrs in the struggle; thousands of false cases were registered against the farmers.

Punjab: Troubling Times: Government's Loosening Grip on Economy and Law and Order

THE government's grip on the state's economy and governance is loosening and there is sudden surge in radicalisation. Law and order is deteriorating with a rising numbers of robberies, murders and snatchings. The government has been unable to control the ongoing gang wars in jails, as evidenced by the recent murders of two gangsters in Goindwal Sahib Jail due to inter-gang rivalry.

West Bengal: Massive Protests Roar across the State

WITH public anger against authoritarianism, corruption and criminalisation steadily on the rise, Bengal is witnessing a chain of mass movements drawing all sections of the people against the TMC misrule across the state. The historic success of the March 10 strike of the state employees and teachers has surely generated new hopes and confidence amongst the participants and the people at large.

Africa Resists the US-Imposed New Cold War

AT the Munich Security Conference last month, Namibia’s Prime Minister Saara Kuugongelwa-Amadhila was asked about her country’s decision to abstain on a UN General Assembly resolution to condemn Russia for the war in Ukraine. Kuugongelwa-Amadhila, an economist who has been in post since 2018, did not flinch.

Janakeeya Prathirodha Jatha in Kerala Concludes

THE 27-day-long Janakeeya Prathirodha Jatha, organised by the CPI(M) and headed by Kerala state secretary M V Govindan, concluded with a massive rally at Putherikandem Maidan in Thiruvananthapuram on February 18. The jatha, which went through all the 140 assembly constituencies in the state, was enthusiastically received by the people of Kerala, and in a number of centres the reception of the jatha acquired the dimension of people’s festivals.

Major Factors Driving Karnataka Electoral Race

KARNATAKA is just days away from the formal announcement of the assembly election schedule; hence the inauguration/announcement spree of Prime Minister Narendra Modi. It started with the inauguration of the 10-lane (really six lanes!) Bengaluru-Mysuru Expressway and a series of controversies and setbacks. As the inauguration was hurried even before the work was really completed, only one side of the highway was finished and next day many cracks were seen at many places, showing the ruling party in poor light rather than as a shining example of grand achievement.

IWA Condemns Attack on Indian High Commission in Britain

Below we publish the statement issued by the Indian Workers’ Association (Great Britain)THE Indian Workers’ Association (Great Britain) condemns the disgraceful attack on the Indian High Commission and disrespect of the national flag of the Republic of India.IWA GB position on the defence of unity and integrity of India, upholding democracy and secularism is well established.We stand in solidarity with the people of India to uphold the constitution.IWA will always fulfill its patriotic duty to provide a voice for the toiling masses of India against authoritarianism

Electricity Workers of UP Hold Successful 65-hour Strike

THE Electricity Employees Federation of India (EEFI) has congratulated the united struggle of the electricity employees and engineers of Uttar Pradesh for resisting and defying the government’s onslaught and going on a strike against the vindictive termination of its members.

AP: Rich Tributes Paid to EMS and Swarajyam

RICH tributes were paid to late Comrade EMS Namboodiripad on his 25th death anniversary and to Comrade Mallu Swarajyam on her first death anniversary. A meeting was organised by the CPI(M) Andhra Pradesh committee on March 19, at Vijayawada. Party state secretariat member D Ramadevi presided over the meeting.

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