credit crisis
Articles about the financial crisis or "credit crunch" of 2008.
Cretan farmers march in Athens in midst of political meltdown
Thousands of farmers from Crete marched in the Greek capital under torrential rain demanding financial help in midst of political meltdown
Cretan farmers came by boat for a second time this year to Athens to protest against government neglect of their sector at the time that the Ministry of Agriculture is dedicating some 500million Euro help package to lift problems caused by the global economic crisis in other agricultural areas of the country.
University bosses get massive pay rises despite 'tough times'
Unions are angry as university bosses received an average pay rise which vastly exceeds current pay offer to employees.
Unions have expressed distaste at the news that university senior managers (Vice-Chancellor, Pro-Vice Chancellor, Deans, Registrar and Chief Operating Officer, and Support Directors) received a pay increase in 2008 of 5.5%. This comes after the University and College Employers Association (UCEA) this week offered higher education (HE) unions 0.3% pay rise this year.
Leaflet of Visteon National Day of Action 25th April 2009
Leaflet of upcoming National Day of Action to support sacked Visteon workers
also here as a Word doc for printing
Visteon Day of Action 25th April leaflet here
Support the
Ford Visteon Workers
Struggle
Come to the factory anytime!
Following our 8-day occupation, now join our picket outside
Morson Road EN3 4NQ
Visteon workers reject "insulting" offer
Sacked workers of car parts firm Visteon taking part in pickets and occupations against job cuts have rejected an "insulting" cash offer from bosses.
The workers have vowed to fight on until they get their contractual entitlements. Supporters are urged to donate to help the ex-employees continue their struggle, visit the occupied Belfast plant and assist with picketing the Enfield plant, which had its blockades strengthened following the announcement.
Enfield Ford Visteon occupation ends with no conclusion...
Some critical comments from a supporter on the ending of the Enfield Visteon occupation, which was recommended by the Unite union, despite there being no clear offer to the workers on the table.
The occupation was an inspiration for many - the spirit of the workers who refused to submit to being blatantly robbed by their bosses seemed to be what many had been waiting for, for far too long - the early possible signs of a resurgence of class struggle.
Visteon: Enfield occupation ends but the struggle continues
Sacked workers occupying Visteon's Enfield plant vacated the premises following announcement of a "deal" discussed with the Unite union.
Workers occupying the Visteon factory in Enfield left the building together at midday today after voting to end in their occupation. There were around 200 people outside to greet the occupiers who, carrying pillows and sleeping bags, descended the spiral steps to rousing applause and chants.
Open Letter to US Activists Battling Evictions from the Western Cape Anti-Eviction Campaign in South Africa
The Western Cape Anti-Eviction Campaign, the oldest and perhaps the most militant of the radical movements that developed after apartheid, has written an open letter to communities battling evictions in the US in the wake of the financial crisis.
April 7, 2009
The Nation
An Open Letter from the Western Cape Anti-Eviction in South Africa to US Activists
To: All poor Americans and their communities in resistance
Lifting the lid on Visteon, KPMG and the fat cats behind the cuts
Simon Basketter examines the companies behind the sacking of hundreds of UK car plant workers with no notice or redundancy pay.
The company that summarily sacked 600 workers leading to occupations in Belfast, Basildon and Enfield is Visteon UK. It a wholly owned subsidiary of US-based Visteon Corporation.
The administrators say that Visteon UK owes more than £400 million to Visteon Corp. In other words, the company owes money to itself.









