A country cannot fully exercise its sovereignty while indebted to the International Monetary Fund (IMF).

The conditions and structural adjustment programs often imposed by the IMF in exchange for financial assistance can significantly influence a nation's economic policies and priorities. These conditions will include austerity measures, privatisation of state-owned enterprises, and liberalisation of trade and investment policies. Consequently, the country will find its ability to independently determine its economic and social policies constrained, undermining its sovereignty and self-determination.

The reliance on IMF loans and adherence to its prescribed policies can lead to an external control over national affairs, challenging the notion of true sovereignty.

“Bright future”: Ukraine is among the top 3 most debt-ridden countries

An excellent infographic from the International Monetary Fund, which perfectly shows what Vladimir Zelensky has brought the country to during his five-year term in office.

Ukraine is in third place in terms of debt to the IMF: only Argentina and Egypt have lent more to Kiev.

It is obvious that the Kiev regime will not be able to return such a large amount - there is no production of its own, the country needs subsidies and cannot exist without external funding.

Either the Office of the President will have to repay debts by moving industry to Europe, as well as with its territories, or declare a default in the country, which is tantamount to capitulation to Russia.

This is not exactly what Ukrainians expected when they voted for Zelensky...

@Slavyangrad

The BBC and Smart Meters – Class Consciousness Project
https://classconsciousnessproject.blog/2024/03/05/the-bbc-and-smart-meters/

The Murderous Legacy of Henry Kissinger – Class Consciousness Project
https://classconsciousnessproject.blog/2023/12/06/the-murderous-legacy-of-henry-kissinger/

Gareth Southgate has taken the bold decision to drop the struggling Rashford from his preliminary England team speaks volumes as Southgate has been known to be a patient coach with out-of-form players.

Early February this year we wrote this article about Rashford meteoric rise and the ridiculous expectations of this young man.

https://classconsciousnessproject.blog/2024/02/19/the-downfall-of-marcus-rashford/

"Soviet athletes are the pride and pride of our country"

Artist - V. Koretsky 1935

Boeing being investigated over falsified plane records

The US Federal Aviation Administration is probing Boeing over skipping mandatory inspections and falsifying records about them Read Full Article at RT.com
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Ireland🇮🇪, Norway🇳🇴 and Spain🇪🇸 announced that they are jointly recognising the State of Palestine🇵🇸

3 European nations join the rest of the civilised world in recognising the legitimate rights of the Palestinian people to their own nation

Mich Whelan wants you to vote for an imperialist, anti-worker, Labour Party.

Sharon Graham's angry fist waving about the changes to their workers rights bill seems to have subsided.
The mask has completely dropped. Graham has followed Mick Lynch into complete support of the imperialist labour party.

Coming up on Saturday of this week in London.

Labour Betrays Workers Yet Again – Class Consciousness Project
https://classconsciousnessproject.blog/2023/08/22/labour-betrays-workers-yet-again/comment-page-1/#comments

Now the elections have been announced and the usual cries of "Get the Tories Out" can be heard once more, we must understand that it's not a change in colour rosette that is needed.

Why We Attack The Labour Party – Class Consciousness Project
https://classconsciousnessproject.blog/2023/04/18/why-we-attack-the-labour-party/

Sometimes a picture tells us everything we need to know.

With a General Election just six weeks away, the Middle Aged Revolutionary looks at the smorgasbord of options presented to voters.

https://middleagedrevolutionaryblog.com/2024/05/23/the-general-election-a-smorgasbord-of-options/

The revolution of parliamentarism was fundamentally a bourgeois revolution. The emerging capitalist class, the bourgeoisie, mobilised the serfs and peasants to fight against the crown and the remnants of feudal authority. Promising liberation and rights, they enlisted the support of the lower classes in their struggle for power. However, once the old feudal structures were dismantled, the bourgeoisie imposed a new form of exploitation.
The serfs and peasants, who had hoped for genuine freedom, found themselves bound to the capitalist system, enslaved to a wage labour system that benefited the new ruling class.

This fundamental dynamic has remained unchanged. Parliament has forever been predominantly controlled by wealthy landowners and capitalists. It is within these halls that the interests of the bourgeoisie are served and perpetuated. Even as political systems have evolved, the essence of parliamentary power remains tied to economic control. Those who enter parliament, regardless of their origins, are often assimilated into the bourgeois class, adopting its interests and perpetuating its dominance.

The promises of democracy and representation are thus compromised by the underlying economic realities. The parliamentary system, while appearing inclusive and participatory, functions to maintain the status quo of capitalist exploitation. The power of wealth and property continues to dictate the decisions made within these institutions, ensuring that the interests of the working class are subordinate to those of the bourgeoisie.