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International Viewpoint, the monthly English-language magazine of the Fourth International, is a window to radical alternatives world-wide, carrying reports, analysis and debates from all corners of the globe. Correspondents in over 50 countries report on popular struggles, and the debates that are shaping the left of tomorrow.

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  • Part 11: Centenary of the Russian Revolution and the Repudiation of Debt

    Debt— Lloyd George blames the Soviets

    8 October 2017, by Éric Toussaint

    In the final plenary conference, Lloyd George, the British Prime Minister, made a revealing reply:
    "There is a real sympathy for Russia’s condition. If Russia is to get help, Russia must not outrage the sentiments — if they like, let them call them the prejudices — of the world. (…) what are these prejudices?

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  • Part 12: Centenary of the Russian Revolution and the Repudiation of Debt

    Reasserting debt repudiation ends with success

    8 October 2017, by Éric Toussaint

    Before the Genoa conference, Soviet Russia had managed to sign bilateral treaties with Poland, the Baltic Republics, Turkey and Persia. More importantly, it had managed to sign a trade agreement with the UK. Signed in 1921, this agreement had sanctioned the Soviet laws of nationalization before UK courts and this meant that companies that traded with Russia no longer ran the risk of getting into trouble. [1]

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  • Part 10 of Centenary of the Russian Revolution and the Repudiation of Debt

    Genoa (1922): proposals and, counter-proposals on the Tsarist debt

    8 October 2017, by Éric Toussaint

    On 20 April 1922, Chicherin announced the Soviet response to the Western powers’ proposals of 15 April. It indicated that: “The Russian delegation are still of the opinion that the present economic condition of Russia and the circumstances which are responsible for it should fully justify the complete release of Russia from all her liabilities mentioned in the above proposals by the recognition of her counter-claims”.

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  • Part 8 of the Series: Centenary of the Russian Revolution and the Repudiation of Debt

    In 1922 creditor powers again attempt to subjugate the Soviets

    7 October 2017, by Éric Toussaint

    Western governments presented a full list of demands aimed at solving in their favour the litigation over debt repudiation and expropriations decreed by the Soviet government. Those demands were presented in Genoa on 15 April 1922, five days into the conference, in a document entitled “London Experts’ Report on the Russian issue.” [2]

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