Wealth of Elon Musk rises $624 billion in 6 days
The net worth of Elon Musk, the world’s richest man, has increased by $624 billion in six days, to $1.32 trillion, according to figures from the Bloomberg Billionaires Index.
Andre Damon•
Australian central bank holds interest rates but warns of further hikes
The Reserve Bank of Australia is intent on further suppressing household spending, amid the ongoing global impact of the US-Israeli war on Iran and a worsening cost-of-living crisis.
Mike Head•
Australia: Broad opposition to Labor’s NDIS bill that cuts support for disabled
The Labor government’s far-reaching assault on the National Disability Insurance Scheme has provoked an outpouring of anger from disabled people, their families and advocacy organisations.
Richard Phillips•
Africa’s billionaires and the causes of the continent’s poverty
Africa’s four richest billionaires own $57.4 billion—more than the combined wealth of half the continent’s 1.5 billion population
Jean Shaoul•
Erik Long•
Socialist Equality Party (UK)•
Kipchumba Ochieng•
Joseph Kishore•
David North•
Featured Analysis
May Day 2022: Finance capital and the deepening crisis of global capitalism
This is the report delivered by Nick Beams to the 2022 International May Day Online Rally held on May 1. Beams is a longstanding leader of the International Committee of the Fourth International and an expert on Marxist economics.
Nick Beams•
Queen Elizabeth II’s Platinum Jubilee: The end of the “New Elizabethan Age”
Her carefully cultivated public persona has allowed Elizabeth II to be deployed at times of heightened national crisis as an illusory but politically necessary embodiment of stability and permanence.
Thomas Scripps•
The Uvalde massacre and the pathological violence of American life
The scale of the horror and the depth of the public reaction suggest that something of a “tipping point” has been reached.
David Walsh•
The US baby formula crisis and capitalism’s indifference to the lives of children
In the wealthiest country in the world, store shelves are empty and millions of families are now facing a desperate struggle to find essential nutrition products for their babies and toddlers.
Kevin Reed•
Jacob Crosse•
Eric London•
Joseph Scalice•
Niles Niemuth•
Eric London•
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