Over the weekend, over a hundred Marxists gathered for the national congress of Revolution, the Swedish section of the International Marxist Tendency (IMT), in preparation for the revolutionary events that lie ahead of us both in Sweden and on a world scale.

The recent agreement between the IMF and Argentina, passed against the backdrop of mass protests, avoids through postponement what would otherwise have been an imminent default of its 2018 loan. The conditionalities of the agreement will mean a severe austerity programme, and the further subjection of the country to the IMF through quarterly inspections. The two parties are actually extremely unlikely to achieve their stated aims. The passing of the IMF agreement has opened up deep rifts within the ruling coalition Frente de Todos and is exerting powerful pressure towards national unity at the top to prevent a social explosion at the bottom.