Politics

By Sagnik Mukherjee On January 26, 2026, a massive fire tore through a warehouse complex near Ruby Crossing in the Anandapur area of Kolkata, West Bengal. The warehouse was used by WOW! MOMO, a large Chinese food chain, owned by Indian capitalists, operating across the length and breadth of the country. The fire reportedly broke out at around 3:00 AM, originating in an adjacent decorator's godown, before rapidly engulfing the nearby WOW! Momo warehouse. Initial reports confirm the recovery of 16 charred bodies, while 23 workers remain missing. Subsequent investigations revealed that both structures lacked even the most elementary fire-safety arrangements. The fire minister arrived at the site only a day after the incident ; an arrival that itself stands as a damning indictment of the...

mperialism activates the money-creation machine to cope with the crises that emerge from the collapse of capitalism. Daniel Campos - The Marx International The announcements made by US Federal Reserve Chairman Jerome Powell and the Federal Open Market Committee (FOMC) on September 18, 2025, signaled the start of a new round of financial bailouts and rescues of the global capitalist economy. This round is the fifth that the central banks of imperialist countries have carried out since 2008, hence the name QE5, which comes from the number 5 after the term "Quantitative Easing " (QE), meaning the easing of rules for creating money. Following those announcements on September 18, Powell and the FOMC implemented three interest rate cuts, from a range of 5% to ...