NO MORE AID! FEND FOR. YOURSELVES! tober) unemployment will cent and inflation by 6 per cent. statements made by Chancellor Nice Lawson at the IMF meeting that inflation would not begin to rise again and also with post election statements as follows:
'In my judgement and you can take it for what it's worth - there is a very good prospect that by next year, we will see drop in unemployment.' that the Tory government is determined not to conceue to any reduce unemployment during the period For the third world the commodity recovery prices of COLLE stimulated by the rise in industrial production has come too late.
While the annual trade deficit has shrunk to one third that of 1980, the structural debt of countries like Brazil now threatens the whole international financial system.
IMF accordingly agreed to lend Brazil $11m mediate debts.
But this sum has only been obtained against the Brazilian agreeing to an austerity which it will find hard to implement against a background of working class militancy. ficient squash the rumours of unilateral moratorium on repayment even total repudiation of Brazils debt thai rife in the international Such a step would be a dramatic : example for the rest of the third world. It would sweep away institu tions like the IMF who now have their own CYCl problems of liquidity.
It demonstrates once again that despite the trumpeting recovery. the international capitalist Neither can it provide tor chronic instability. the millions of people who starve in the third world as a result of its operation Only when it makes way socialist economic system, where social need comes before Drivanity begin to under private profit, take a real 'recovery'.
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PLEASE/ PLEASE! PLEASE!