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VodafoneMannesmann$203 billionAOLTime Warner$182 billionMCISprint$115 billionPfizerWarner-Lambert$ 85 billionExxonMobil$ 77 billionBPAmoco$ 94 billionTable 2: Global M&A top ten deals (Jan 1 to Jun 19 2000TargetAcquirerValue of deal ($m)Time Warner (US)American Online (US)181,940.5SmithKline Beecham (UK)Glaxo Wellcome (UK)78,384.5Nortel Networks (Canada)Shareholders (Canada)61,658.7Orange (Mannesmann) (UK)France Telecom (France)45,967.1Seagram (Canada)Vivendi (France)42,782.6Cable & Wireless HKT (Hong Kong)Pacific Century Cyberworks (Hong Kong)35,495.1Bestfoods (US)Unilever (UK)23,699.2Network Solutions … [Read more…]

Today, September 11 2001, has witnessed the world’s biggest ever attack on the US – an attack that has destroyed the headquarters of US imperialist finance, the World Trade Centre in New York, and the headquarters of the US military, the Pentagon in Washington DC.To effect this destruction, hijackers armed with knives took over four … [Read more…]

Background and Conclusions for Socialists“center”>On Saturday 26 May, the racial tension that has been steadily growing in Oldham erupted into street battles the like of which have not been seen since the early 80s at Brixton, Toxteth and Broadwater Farm. The build-up to the fighting saw an increase in racially motivated attacks in Oldham’s most … [Read more…]

Socialist Labour Party report on the General Election7 June 2001,by Arthur Scargill, SLP General Secretary[This is a summarised version of the original report]The General Election of 7 June 2001 took place after four years of a New Labour Government. It was held against a background of reductions in public services expenditure and in the knowledge … [Read more…]

In 1999, at the height of Nato’s criminal war against Yugoslavia, a war which was waged in complete violation of international law and the customs of war, and during which NATO committed horrendous crimes – crimes which can aptly be described as crimes against humanity – NATO, turning facts on their head, got its kangaroo … [Read more…]

Following the general election held on 7 June, the Labour Party has been returned to office with a big majority of 167 seats – only slightly smaller than last time. The Conservatives won 167 seats, while the Liberal Democrats increased their representation in parliament from 41 to 52. Labour secured 413 seats (6 fewer than … [Read more…]

We are very pleased to reproduce this important and though-provoking article sent to us by Teddy-John Frank, International Secretary of the KPML(r). Comrade Frank rightly points out that rioting for the sake of rioting is not an appropriate tactic for the revolutionary working class. Much of the anti-capitalist rioting that has been seen lately is … [Read more…]

According to Chinese legend there was a man dying of thirst. The only drink he had to hand was a goblet filled with poison. He was bound to die if he drank it, and equally bound to die if he did not. Israeli Zionism finds itself in the same predicament. It loses if it does … [Read more…]

Many in the Marxist-Leninist movement will be aware of the sudden death of Bill Bland, after a short illness in the London Hospital, on March 13th. He had a long history of anti-revisionist activity through various organisations, in particular as Secretary of the Albania Society for 30 years, and more recently as one of the … [Read more…]

An appeal by the Daewoo Motors Labour UnionSince the mass sacking of 1750 workers at Daewoo Motors’ Bupyoung plant on February 16, there has been a protracted and bitter fight for their reinstatement.On February 19, police attacked the workers and their families who were occupying the plant in a desperate bid to hold onto their … [Read more…]