The working class based victory for the "No", with more than 60% is a revolutionary event. The people have given a mandate for revolutionary resistance and against Memorandum agreements. It's time for the nationalization of banks, repudiation of the debt and the overthrow of Memoranda and barbaric capitalism which spawned them.

The Greek crisis is approaching a denouement. This marks a turning point for the working class of Greece and the whole of Europe. Last January Greece voted for a government that promised to end the austerity policies that have ruined the country. The election of Syriza gave hope to many people throughout Europe. But precisely for this reason, the political leaders in Brussels and Berlin decided to crush the new government, to humiliate it, to sabotage it and finally to bring about its overthrow.

The latest provocative demands and ultimatums placed by the troika on the Greek government have one clear aim: to destroy it. They cannot be interpreted in any other way and all the pieces of the puzzle are now falling together.

At the last minute, when it seemed that a break was inevitable, the Greek government made a new proposal which included substantial additional concessions to the demands of Europe’s bankers and capitalists. It is not only that the Syriza government has been forced to abandon substantial points of its own election program, but even the famous “red lines” have been crossed.

We live in a time when the whole establishment is not only corrupt and rotten to the core but is seen as such by a large section of the working class, both in Britain and throughout the rest of the world. Bankers and financiers are manipulating the markets for short-term gain; politicians are pocketing whatever they can whilst demanding that the poor accept pay cuts and declining services; rich and powerful individuals are exposed as having carried out acts of extreme depravity right under our eyes with nothing being done about it; bosses carry out illegal blacklisting aided by the state...the list goes on. However, if you were to ask the average person in the street to come up with something that defined, above everything else, corruption, bribery and general fiddling, many would answer with one word: FIFA.

Alongside the shock of a Tory majority, the other big story of the General Election results was that of Labour’s collapse in Scotland to the SNP. With the Nationalists very nearly sweeping the board with 56 out of 59 seats, it more than negated any small increase in votes Labour got in England and Wales.

Irish voters have decisively voted in favour of marriage equality, making Ireland the first country to do so through the ballot box. This was a victory of the future against the past, of the young against the old, of reason against ignorance, of the forward-looking urban areas against the old backward rural Ireland.

The coming to power of a new Tory government opens a new stormy chapter in Britain. This is not only the conclusion of the Marxists but also of the strategists of capital:

At least 100,000 protesters took to the streets on May 17th sporting crimson banners and flags of all nationalities. There would likely have been more had the Macedonian government not blocked buses of protesters streaming from all over the country to Skopje.

After six weeks of frantic horse-trading, and with hours to go before a constitutional deadline, the Likud Party of Benjamin Netanyahu has cobbled together a new coalition in Israel. It means that Netanyahu will cling to power with a bare majority of 61 seats in a Knesset of 120 members. The coalition includes all the disparate parties of the right, including the extreme right wing Jewish Home Party, representing the West Bank settlers’ movement. This party will have the ministry of justice and deputy defence minister, among other positions, all of which will be manipulated to enhance and promote Jewish rights and freedoms at the expense of Arabs.

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