International Viewpoint - online socialist magazine

• Spanish state

  Because it won’t be the last blackout: What energy model and distribution system for the ecological transition?

  17 June, by Daniel Albarracín

  The blackout of April 28 shook the Iberian Peninsula and southern France for several hours. Everyone who lives there was affected in some way. It has been a topic of conversation that, to avoid remaining an anecdote, requires some in-depth analysis, given the systemic risks of a repeat. We must draw lessons for the future.

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• USA

  No Kings! Freedom! Millions Protest Trump across the United States

  16 June, by Dan La Botz

  At least five million people participated in 2,000 “No Kings Day” protests in big cities and small towns in all 50 states, the largest yet in a series of national demonstrations. In a festive but defiant spirit, with bands and drummers, the marchers chanted, sang songs, and waved their signs with slogans like “No Kings since 1776” or signs opposing President Donald Trump’s attacks on health care, food programs for children and the elderly, or his attacks on education and science. Some banners read “Fight Oligarchy.”

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• Portugal

  Victory for right, neo-fascists in second place in Portuguese elections

  15 June, by Daniel Borges

  The results of the Portuguese parliamentary elections on 18 May 2025 mark a turning point in the country’s politics. The traditional right was comfortably in the lead and the Socialist Party has fewer deputies than the far right (after counting the votes of the emigrant constituencies). The right-wing parties as a whole won two-thirds of the seats in the Assembly, while the left obtained the lowest result in its history.
  All the parties to the left of the PS recorded their lowest results. (…)

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• USA

  The battle of Los Angeles

  14 June, by Tempest Collective

  As "No Kings" protests take place across the US - and in other cities worldwide such as Mexico DF, Paris, Brussels, Amsterdam - challenging Trump’s authoritarian rule, we publish this on the spot account of last weekend in Los Angeles.

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• Ukraine

  Ukraine at war, Ukraine in struggle...

  13 June, by Gin Vola, Elias Vola

  Resistance to the Russian invasion has not erased class divisions within Ukrainian society. The inequalities of our capitalist societies and the brutal neoliberalism applied by the Zelensky government are significantly affecting the population of Ukraine. The popular classes thus fight on a "double front", against anti-social policies and imperialist aggression.

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...and the rest of the current issue

• Serbia

  Student protest in Serbia: “either we stop or there will be a civil war”

• Italy

  Left fails to win its referendums in Italy

• South Sudan

  Peace under threat in South Sudan

• USA

  As Immigration Protests Grow, Trump Calls Out National Guard

• Yemen

  The women’s uprising in Yemen

Recently posted Features

• Series: Governments submit to “Too Big to Fail” banks (part 3)

  Private banks shamefully enjoy a monopoly of lending to the public sector

  8 September 2014, by Éric Toussaint

  The eurozone banks have the monopoly of lending to the public sector. It is prohibited for the ECB and the eurozone’s central banks to grant loans to public authorities (see box on the ECB). The governments in the eurozone have the possibility of borrowing from publicly owned banks where they still exist, but they do not do so.

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• Series: Governments submit to “Too Big to Fail” banks (part 2)

  Governments make Gifts Galore to Private Banks

  8 September 2014, by Éric Toussaint

  Government aid is made up of guarantees, and injections of capital in order to recapitalize the banks. In the period from October 2008 to December 2011, €1,174 trillion (9.3% of EU GDP [1] ) worth of guarantees were underwritten by European Governments as a contingency measure. To these guarantees must be added €442 billion (3.5% of EU GDP) of public capital support to banks. During 2012 and 2013 the recapitalizations continued: about €40 billion in Spain in 2012 alone, more than €50 billion in Greece, about €20 billion in Cyprus, €4 billion more for Dexia bank in Belgium, €3.9 billion for Monte dei Paschi in Italy, €3.7 billion for the Dutch bank SNS, €4.2 billion in Portugal on top of the Portuguese bail-out of the Banco Esperito Santo in July 2014., not forgetting Ireland, Slovenia, Croatia This assistance was granted without any government supervision of the use made of the funds. [2]

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• Series: Governments submit to “Too Big to Fail” banks (Part 1)

  Central Banks lend massively to the banking sector

  8 September 2014, by Éric Toussaint

  Since the banking bubble burst in 2007, the major Central Banks of the most industrialised countries lend massively to private banks at very low interest rates in order to avoid their failure, thus permitting the big banks that take the most advantage to save considerable amounts in interest payments.

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• Last part of the series: The Banks and the “Too Big to Jail” Doctrine (Part 9)

  The Impunity Enjoyed by the Banks must Stop

  1 September 2014, by Éric Toussaint

  We all know the saying “Too big to fail.” In managing the crisis the banks have caused, the governments of the industrialised countries have adopted a new doctrine that might be summed up as “Too big to jail.”

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