Archive for May 8th, 2012
Terror struck the financial markets on Monday, writes Tim Arnot in Socialist Alternative. The Greek stock exchange plunged 8 percent. French stock markets fell by 1.5 percent. The Euro fell to a three-month low. This had ripple effects across the globe, with Japan’s Nikkei falling 3 percent and the ASX down 1.5 percent. What was the cause for such a crisis on the stock market? Democracy.
Sarkozy’s defeat is our victory, but there are bigger battles to come writes John Mullen on his blog John Mullen à Montreuil (Blog anticapitaliste).