|SocialismToday Socialist Party magazine|
When 50,000 students marched through London on November 10 both the police and student union leaders were shocked at the scale of the mobilisation. This was, however, an indication of the depth of the anger at the Con-Dem coalition’s savage cuts and a growing determination to fight back. PETER TAAFFE assesses the significance of this event and the potential to build an all-Britain movement against the government’s plans.
In a desperate move to boost US growth, the Federal Reserve has launched QE2, a second round of quantitative easing. Its main effect will be to devalue the dollar, an attempt to boost its exports at the expense of its rivals, particularly China. This unilateral action by US imperialism can only intensify the currency wars and trade conflicts. LYNN WALSH reports.
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Cover picture: TU Senan