World News- Page 63

News from around the world by authors from the Socialist Party and co-thinkers internationally

Is China’s stock market bubble bursting?

In the last number of weeks $3.2 trillion has been wiped off the value of China’s shares. The following article, written by an author for chinaworker.info at the beginning of July, looks at the reasons behind this tumble in share prices. “Before
Jul 8, 2015

Qatar: World cup of corruption and exploitation

By Paddy Meehan Sepp Blatter’s decision to resign as FIFA President didn’t come as a result of the horrifying conditions migrant workers face in building the new stadiums in Qatar, but as a final attempt to save the corrupt elite at the
Jun 9, 2015

Top 50 US companies hoarding $1 trillion in cash

By Manus Lenihan The fifty biggest companies in the United States are sitting on piles of money adding up to $1.1 trillion. Apple, Microsoft, Google, Pfizer and Cisco alone have $439 billion between them (Financial Times). Like dragons sprawled watchfully dozing over
May 31, 2015
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