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      No doomsday bunker, not a single gun – if the US really is heading for civil war, I’m stuffed | Arwa Mahdawi

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      No doomsday bunker, not a single gun – if the US really is heading for civil war, I’m stuffedArwa MahdawiThe super-rich are preparing to ride out the apocalypse by their underground swimming pools. Ordinary Americans have bought another 20m firearms. And me? I have a broom and a butter knife How long do you think you would survive if everything went to hell, civil war erupted, institutions crumbled and there was absolutely nowhere safe in the world left to run? Me, I’d give myself one week; maybe two. I would like to think that I’m a tough survivor type but the last time I went camping I forgot to bring a sleeping bag and sobbed myself to sleep, so on balance I would have to admit that I’m not. I did have a brief period this year when, in a fit of madness, I thought I’d take up urban farming and become as self-sufficient as is possible with a scrap of garden in Philadelphia. That seemed to go well until I proudly sent my mum a photo of all the luscious berry bushes I had cultivated and she informed me that they were poisonous weeds and I should get rid of them immediately. So, yeah, I don’t give myself great odds on surviving the apocalypse.I bring all this up because … well, I mean, look around you! Things are not great. In the UK, the cost of living crisis has become so extreme that ITV’s This Morning offered viewers the chance to get their energy bills paid on its Spin the Wheel segment. When people have to compete for basic necessities on daytime TV shows it’s generally not an indicator that your supposedly rich country is in a healthy state.But, to be fair, very few places are. More than 80% of countries are experiencing inflation of above 6%, leading to an unprecedented rise in civil unrest around the world, according to analysis published last week by a UK-based risk consulting firm. Out of 198 countries, Verisk Maplecrof reported, 101, including the UK, now have a heightened risk of conflict and instability. “We’re talking about numerous powder kegs around the world simply waiting for that spark to be ignited,” one of the company’s analysts told the Guardian. “We don’t know where that spark will come first.”A lot of sparks certainly seem to be flying in the US. Not so long ago people would have regarded you as a bit of a loon if you had said you thought civil war was imminent in the US. Not any more: more than 40% of Americans think civil war is at least somewhat likely in the next decade, according to a recent YouGov survey. Among strong Republicans (the people with all the guns), 54% said civil war was at least somewhat likely. Civil war is now casually discussed on cable TV shows in between ads for haemorrhoid creams and car insurance. “These days, it feels like we are not just at the brink of a civil war, but that one has already begun,” the host of a popular MSNBC show said during a Saturday segment titled Democracy in Danger. To back up her point, she showed clips of the Republican senator Lindsey Graham recently telling Fox News that “there will be riots in the street” if Donald Trump is prosecuted for mishandling classified records.Americans aren’t just worrying about civil war; they seem to be getting ready for it. The 1%, in particular, are snapping up doomsday bunkers equipped with stocked pantries and luxurious amenities. Which I find pretty hilarious, to be honest. Do billionaires really think that they’ll be able to sit out societal collapse by an underground pool? Who do they think is going to service that pool or cook for them?While billionaires are buying bunkers, the rest of the US seems to be buying ballistics. Firearm sales have rocketed since the pandemic. Americans bought almost 20m guns last year, which is down from 2020’s record-breaking 22.8m sales, but still incredibly alarming. I’m about as anti-gun as you can get, but lately I’ve found myself wondering if I should maybe learn how to shoot. After all, I don’t really rate my chances of surviving civil unrest in gun-nut America armed only with a broom, a butter knife and a garden full of poisonous berries.
      Arwa Mahdawi is a Guardian columnist
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      While Biden is tackling inflation and shaping a green economy for the US, Britain is being left behind | Carys Roberts

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      While Biden is tackling inflation and shaping a green economy for the US, Britain is being left behindCarys RobertsThe Inflation Reduction Act is a big win for jobs and the environment, but Truss and Sunak have nothing similar to offer Over the weekend, US Democrats overcame months of political struggle to pass the Inflation Reduction Act in the Senate, marking a major victory for the president, Joe Biden, and for “Bidenomics” before the US midterms.The bill makes the single largest climate investment in US history, with $369bn for climate and clean energy. It is expected to enable the US to get two-thirds of the way towards its Paris agreement commitments while reducing energy costs. It lowers health costs for millions of Americans. It seeks to tackle inflation by directly reducing costs for individuals and by reducing the deficit through closing tax loopholes and increasing tax on corporates and the wealthy.The act is far from perfect. It is the diminished descendant of the failed Build Back Better Act, a $2tn package that would have radically extended childcare, free community college and subsidised health insurance, but which ultimately failed to secure the support of the Democrat senator Joe Manchin (a necessity given the evenly divided Senate). Winning political support for the act has required rowing back on climate ambition and more extensive plans to reduce costs for families; allowing further drilling for fossil fuels; and carve-outs to protect private equity profits from the corporation tax element of the act. For this reason, the act will and already has come under intense criticism from activists and climate groups.However, in the face of fierce political opposition it is a major – even landmark – achievement. It is also a win for the activists and economists who have been persistently pushing and providing ideas for the Biden administration to pursue an alternative approach to the economy and environment: market-shaping green industrial strategy to create good, green jobs; social investment; worker power and incentives for employers to offer decent pay, apprenticeships and profit-sharing with communities; higher taxes on the wealthy to reduce inflation and contribute to the costs, including through a new tax on share buybacks which only serve to boost investors’ incomes. These ideas are no longer stuck on the bench.Historically the US and UK have taken a shared, leading role in the intellectual development and political implementation of new ideas and policy paradigms. Whether we think about the postwar Keynesian consensus, the neoliberal revolution of Thatcher and Reagan or the third way politics of Clinton and Blair, both countries have tended to move in lockstep. Yet right now, in the context of the Inflation Reduction Act in the US and the Conservative party leadership race in the UK, our policy paths are diverging.The US has further to go than the UK when it comes to reducing climate emissions and building economic justice. The US has significantly higher levels of emissions (on an absolute and per capita basis) than the UK and the US is also the world’s biggest producer of fossil fuels. Similarly, inequality in the US is starker, and poverty deeper than in the UK. Put simply: the land of opportunity is not delivering for too many American citizens.But Democrat leaders are pushing through a bold agenda to break through deep political polarisation and reset the shape and direction of what US economic success looks like. The irony when we compare this with the UK is that the conditions are far more favourable here for action commensurate to the scale of the climate and nature crisis, an economic strategy that prioritises everyday people and places over wealth and profits, and for extending collective provision of the things and services we all rely on. We have a head start in terms of the social democracy basics. In sharp contrast to the US, there is more consensus across parties on the need for the government to take action on the climate and nature crises. Action taken now would be far less likely to be wiped away by an opposition win than the fragile progressive gains in the US.Biden can still stop Trump, and Trumpism – if he can find a bold plan and moral vision | Robert ReichRead moreThe Conservatives, who have held power for more than a decade, have in recent years flirted with some of those ideas – from May’s mission-oriented industrial strategy to Johnson’s net zero and levelling up pledges – recognising the electoral benefits of doing so. Yet at this moment, the Conservatives are plunging in the opposite direction to their US counterparts, and debating – in the middle of sharply rising inflation and a cost-of-living emergency – policies that are catnip for the Tory membership such as grammar schools and corporation tax cuts, rather than looking around the world or at the evidence on how to address the pressing problems of our time. Truss, widely seen as the frontrunner, has fallen back on outdated tropes of financial support as handouts and has virtually nothing to say on how she would achieve net zero, both for its own sake and as a response to the cost-of-living crisis. Nothing of substance is being suggested to address the creeping, real privatisation of the NHS as those who can go private rather than languish on a waiting list.It would be wrong to point at the US and claim it has its house in order or that lessons can be read in a simplistic way. But Biden and the activists and researchers around him are ambitiously forging a new kind of economic policymaking that seeks to rapidly decarbonise, reduce pressures on family purses through collective provision, and tax wealth and profits to fund this and quell inflationary pressures. The UK government – whoever it is headed by – should take note of the new economics rather than be left behind.
      Carys Roberts is executive director of the Institute for Public Policy Research
      TopicsEconomicsOpinionUS politicsJoe BidenConservativesClimate crisiscommentReuse this content More

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      Putin is banking on a failure of political will in the west before Russia runs out of firepower | Timothy Garton Ash

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      Putin is banking on a failure of political will in the west before Russia runs out of firepowerTimothy Garton AshDemocratic leaders need to prepare their citizens for a long struggle over Ukraine – and a hard winter The Russo-Ukrainian war is coming down to a race between the weakening political will of western democracies and the deteriorating military means of Vladimir Putin’s dictatorship. But this race will be a marathon, not a sprint. Sustaining that political will requires the kind of farsighted leadership which most democracies are missing. It calls for a recognition that our own countries are also, in some important sense, at war – and a corresponding politics of the long haul.Is this what you hear when you turn on your television in the United States (where I am now), Germany, Italy, Britain or France? Is this a leading topic in the Conservative party contest to decide Britain’s next prime minister, or the run-up to the Italian election on 25 September, or the campaign for the US midterm elections on 8 November? No, no and no. “We are at war,” I heard someone say recently on the radio; but he was an energy analyst, not a politician.The rouble is soaring and Putin is stronger than ever – our sanctions have backfired | Simon JenkinsRead moreThe fact that Ukrainian forces are preparing for a big counter-offensive to recapture the strategically vital city of Kherson shows what a combination of western arms and Ukrainian courage could achieve. US-supplied High Mobility Artillery Rocket System (Himars) – long-range multiple-launch rocket systems – have enabled the Ukrainians to hit artillery depots, bridges and command posts far behind Russian lines. Russian forces have been redeployed from Donbas to defend against the expected offensive, thus further slowing the Russian advance in the east. Richard Moore, the head of Britain’s Secret Intelligence Service (MI6), observed recently that Russia might be “about to run out of steam” in Ukraine because of shortages of material and adequately trained troops. So Ukraine has a good chance of winning an important battle this autumn; but it’s still a long way from winning the war.In his campaign to defeat not only Ukraine but also the west, Putin is counting on Russia’s two traditional wartime allies: Field Marshal Time and General Winter. The Russian leader is weaponising energy, reducing gas flows through the Nordstream 1 pipeline so Germany can’t fully replenish its gas storage before the weather turns cold. Then he will have the option of turning off the gas entirely, plunging Germany and other dependent European countries into a desperate winter. High energy prices as a result of the war continue to turbocharge inflation in the west while keeping Putin’s own war chest filled with the billions of euros Germany and others are still paying for Russian gas and oil. Although a few grain ships are now leaving Odesa, his blockade of Ukrainian ports has caused a food price crisis across parts of the Middle East and Africa, resulting in much human misery and potentially in refugee flows and political chaos. Those, too, are Putin’s friends. Better still: the global south seems to blame this at least as much on the west as on Russia.Putin’s cultural and political analysis of the west leads him to believe that time is on his side. In his view, the west is decadent, weakened by multiculturalism, immigration, the post-nationalism of the EU, LGBTQ+ rights, atheism, pacifism and democracy. No match, therefore, for carnivorous, martial great powers which still cleave to the old trinity of God, family and nation.There are people in the west who agree with him, subverting western and European unity from within. Just read Viktor Orbán’s scandalous recent speech to an ethnic Hungarian audience in Romania, with its insistence that Hungarians should not become “mixed race”, its sweeping critique of the west’s policy on Ukraine and its conclusion that “Hungary needs to make a new agreement with the Russians”.Although the party likely to emerge victorious from next month’s Italian elections, the Fratelli d’Italia, is the indirect successor of a neo-fascist party founded in 1946, it does at least support the western position on the war in Ukraine. But the leaders of the Fratelli’s probable coalition partners, the Lega’s Matteo Salvini and Forza Italia’s Silvio Berlusconi have a pro-Putin past and cannot be relied on to stand firm on Ukraine, as the current Italian prime minister, Mario Draghi, has done. In Germany, a plurality of those asked in a recent opinion poll (47%) said Ukraine should give up its eastern territories in return for “peace”. European voices calling on Ukraine to “settle” along those lines will only get louder as the war grinds on. (Former Labour leader Jeremy Corbyn recently joined them, although his intervention won’t affect the strong cross-party consensus in Britain on support for Ukraine.)Most important are the midterm elections in the US. If Donald Trump announces his presidential candidacy off the back of midterm election successes for his partisans, this could spell big trouble for what has so far been rare bipartisan consensus in the US on large-scale economic and military support for Ukraine. Notoriously reluctant to criticise Putin, Trump has told his supporters that “the Democrats are sending another $40bn to Ukraine, yet America’s parents are struggling to even feed their children”.What would it take to prove the Russian leader wrong about the intrinsic weakness of western democracies? Rather a lot. The two largest armies in Europe are going to be slogging it out in Ukraine for months and quite probably years to come. Neither side is giving up; neither has a clear path to victory. All the current peace scenarios are unrealistic. When you can’t begin to see how something is going to end, it’s unlikely to end soon.To sustain Ukraine’s resistance and enable its army to recover lost territory requires weapon supplies on a scale that is large even for America’s military-industrial complex. For example, the US has reportedly already sent one-third of its entire stock of Javelin anti-tank missiles. According to a former deputy governor of the National Bank of Ukraine, the country needs a further $5bn a month in macroeconomic support just to ensure that its economy does not collapse – close to double what it is currently getting. That’s before you even get to the challenge of postwar reconstruction, which may cost as much as $1tn.If we stay the course, at scale, then Field Marshal Time will be on Ukraine’s side. Putin’s stocks of his most modern weapons and best trained troops have already been depleted. Keep up the pressure and – military experts tell us – he will be reaching back to 40-year-old tanks, and raw recruits. Western sanctions are hitting the hi-tech parts of his economy, needed for resupply. Could he compensate for the loss of skilled troops by a general mobilisation? Will China come to his aid with modern weapons supplies? Can he escalate? These questions have to be asked, of course, but the pressure would be back on him.In democracies, leaders must justify and explain to voters this kind of large-scale, strategic commitment, otherwise they will not support it in the long run. Putin would then be proved right in his diagnosis of the weakness of democracy. Estonia’s Kaja Kallas is giving an example of such leadership, but then her people know all too much about Russia already. At the moment I don’t see any leader of a major western democracy doing the same, except perhaps for Mario Draghi – and he’s leaving.
      Timothy Garton Ash is a historian, political writer and Guardian columnist
      TopicsUkraineOpinionVladimir PutinRussiaEuropeUS politicscommentReuse this content More

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      in World Politics

      Alarm in Ireland About Natural Gas Supplies Next Winter

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      The Fair Observer website uses digital cookies so it can collect statistics on how many visitors come to the site, what content is viewed and for how long, and the general location of the computer network of the visitor. These statistics are collected and processed using the Google Analytics service. Fair Observer uses these aggregate statistics from website visits to help improve the content of the website and to provide regular reports to our current and future donors and funding organizations. The type of digital cookie information collected during your visit and any derived data cannot be used or combined with other information to personally identify you. Fair Observer does not use personal data collected from its website for advertising purposes or to market to you.As a convenience to you, Fair Observer provides buttons that link to popular social media sites, called social sharing buttons, to help you share Fair Observer content and your comments and opinions about it on these social media sites. These social sharing buttons are provided by and are part of these social media sites. They may collect and use personal data as described in their respective policies. Fair Observer does not receive personal data from your use of these social sharing buttons. It is not necessary that you use these buttons to read Fair Observer content or to share on social media. More

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      US congressman urges Biden to ban six UK lawyers for ‘enabling’ oligarchs

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      US congressman urges Biden to ban six UK lawyers for ‘enabling’ oligarchsSteve Cohen says the US must establish ‘deterrents’ against lawyers accused of carrying out ‘unscrupulous work’ A US congressman has urged the Biden administration to ban six British lawyers from entering the US amid accusations that the lawyers have “enabled” “Putin’s” oligarchs by engaging in “abusive” lawsuits against journalists as part of an alleged effort to silence them.Steve Cohen, a Democratic congressman from Tennessee, said in a letter to the US secretary of state, Antony Blinken, that the US needed to begin establishing “deterrents” against lawyers whom he accused of performing “unscrupulous work” that ultimately undermined democratic values.“Despite our close ties with the United Kingdom, the nature of its libel laws and the vast amount of blood money in its financial system make it an ideal place for oligarchs to abuse the law to harass and intimidate,” Cohen wrote. He also cc’ed the US attorney general, Merrick Garland.Most of the six lawyers named by Cohen have represented Russian interests who have pursued legal action against journalists, publishers and authors in the UK in connection to their reporting on Russia-related matters.Four lawyers named in the letter were involved in legal action against Catherine Belton, a former journalist at the Financial Times, and her publisher HarperCollins, who were sued following the publication of her book Putin’s People. The lawyers include: Nigel Tait of Carter-Ruck, John Kelly of Harbottle & Lewis, Hugh Tomlinson, and Geraldine Proudler of CMS.A letter published by 19 free press organisations last November expressed “serious concern” at the legal proceedings, which were brought at the time by the now-sanctioned Russian billionaire Roman Abramovich; Rosneft, the Russian energy company, and three other Russian billionaires. The organisations said they believed the cases against Belton and HarperCollins were so-called Slapps, a “form of legal harassment used by wealthy and powerful entities to silence journalists”.HarperCollins settled the claims, agreeing to make a number of changes to the text.Keith Schilling of Schillings was accused in Cohen’s letter of being “well known for bringing abusive suits against journalists” and working “tirelessly” to protect the Malaysian fugitive Jho Low, who has been accused by US prosecutors of running a money-laundering scheme in connection to the Malaysian state investment fund 1MDB.Another lawyer, Shlomo Rechtschaffen, who is representing Walter Soriano – who was accused by Cohen of being an “enabler” of Oleg Deripaska, Abramovich and Dmitry Rybolovlev – has according to Cohen filed an allegedly “abusive” lawsuit against the American journalist Scott Stedman.Cohen said the visa denials could be implemented under a section of the Immigration and Nationality Act which calls for “anti-kleptocracy and human rights bans”, and that ideally the bans would be made public.All of the lawyers named in Cohen’s letter responded to the Guardian’s request for comment on the allegations set out by the congressman.A spokesperson for Carter-Ruck said the claims by Cohen against the firm were “misconceived and are rejected entirely”.“In addition to other matters, we are not working for any Russian individuals, companies or entities seeking to challenge, overturn, frustrate or minimise sanctions. We have never acted for Russian individuals, companies or entities seeking to challenge sanctions,” the spokesperson said, adding that Carter-Ruck condemned the Russian government’s decision to invade Ukraine and said the firm would not be acting for any individual or company associated with the Putin regime.A spokesperson for Harbottle & Lewis, where Kelly is a litigator specialising in “reputation protection, privacy and defamation”, said in a statement that the firm had acted at all times in accordance with its professional and legal obligations and took these matters very seriously.Harbottle & Lewis added in connection to litigation involving Belton’s Putin’s People: “The firm has not engaged in an abusive lawsuit as alleged, and there was no such suggestion made when the proceedings were considered by a high court judge who reviewed the book and ruled that it contained a number of defamatory allegations. As such there is no basis for any such steps to be taken.”A representative for Tomlinson said: “Regulatory rules for lawyers are very strict and work to ensure equal entitlement to independent legal advice. Mr Tomlinson acted properly and in accordance with those rules throughout and has never acted as Mr Cohen suggests. There is therefore no proper basis for Mr Cohen’s request.”A spokesperson for Proudler’s firm, CMS, said it “strongly rejected” allegations of impropriety against CMS and Proudler. “We have reviewed the steps taken in our media litigation practice and are confident that these were compliant with all professional regulations as well as our wider responsibilities at the time.”The spokesperson added that CMS had, since the invasion of Ukraine, not accepted new instructions from Russia-based entities or individuals with connections to the Russian government.Proudler resigned last month from the board of the Guardian Foundation, the charitable arm of the media group’s parent company, as well as from the Scott Trust review panel, which adjudicates editorial complaints.A spokesperson for Schilling said the firm was not acting for any “sanctioned entities” and that it hoped sanctions would foreshorten the war in Ukraine.“We do not comment on client matters and indeed are not permitted to do so, but we fail to see how any representation of the Malaysian national named by Congressman Cohen could in any circumstances support the (in any event wholly misplaced) allegations that we are acting in the manner alleged in relation to Russian ‘oligarchs’,” the spokesperson said, adding that there was “no basis for any allegations that we have in any way behaved other than in the highest traditions of the legal profession in upholding the rule of law”.Rechtschaffen, who is representing Soriano in a case against Stedman, claimed he did not work for an oligarch or an enabler of an oligarch, and claimed that his case against Stedman was not abusive and not a case of “libel tourism” or any other abuse of process.In an letter published in February 2022, 15 free press organisations, including Index on Censorship, the Daphne Caruana Galizia Foundation, English PEN, and Reporters without Borders, argued that the case against Stedman had “many of the hallmarks of a Slapp”.The letter said Stedman’s website, Forensic News, had published six articles and a podcast about Soriano, a British-Israeli security consultant, after he had been summoned by the US Senate intelligence committee. The letter said all the defendants in the case were based in the US, but that the lawsuit had been brought in London. Soriano was born in Argentina, and immigrated to Israel before moving to London.The US letter comes as British MPs are engaged in a similar debate about “intimidation lawsuits”, with some arguing that expunging London’s alleged “dirty money” problem would require that oligarchs of any nation were not allowed to use the English legal system to silence free speech.Last month, MPs in the UK accused three of the lawyers named in Cohen’s letter – Proudler, Tait and Kelly – of deliberately filing oppressive legal actions against an investigative journalist in an attempt to intimidate her. Similar allegations were also made against Tomlinson. They all denied the allegations.Arabella Pike, HarperCollins’ publishing director, said in a tweet that she applauded the Cohen letter.Belton declined to comment on the Cohen letter but in recent testimony before the House of Commons said it was clear that a lot of journalists had faced “a barrage of threats and intimidation, and our democracy has been so much poorer for it” because the public had not been able to learn properly about the background of oligarchs until recently.“The entire population should have known the story about how Roman Abramovich won his fortune, but they had been deprived of that until now,” she said.TopicsUS newsUS politicsJoe BidennewsReuse this content More

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      Calls for US to issue visa bans for UK lawyers enabling Russian oligarchs

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      Calls for US to issue visa bans for UK lawyers enabling Russian oligarchsAnti-corruption campaigner Bill Browder says ‘whole class of British lawyers’ making money out of lawsuits against journalists, dissidents and whistleblowers The anti-corruption campaigner Bill Browder is calling on the US to issue visa bans against British lawyers who he has accused of “enabling” Russian oligarchs.The US-born financier, an outspoken and longtime critic of Russian president Vladimir Putin, has said that installing such a ban would strike at the heart of what he described as a persistent problem of oligarchs using the UK legal system against journalists and whistleblowers, tying them up in expensive lawsuits.Browder suggested sanctions could ultimately be targeted at any legal and financial experts who it could be shown have helped oligarchs hide their assets, but said his initial proposed blacklist was focused on British lawyers involved in libel cases.Russia warns US of repercussions if it sends more arms to Ukraine – reportsRead moreBrowder described “this whole class of British lawyers” instructed by Russians and those with links to Russia to bring “lawsuits against journalists, dissidents and whistleblowers, myself included, and they make money”.“There’s this industry,” Browder said. “It will be pretty hard to legislate away the idea that a plaintiff can hire a lawyer to sue for libel, because how do you define what’s good and what’s bad? But if you identify a lawyer who has been doing this on a regular basis – going after people – the United States does not have to give them a visa to come to this country.”The activist has proven to have influence on Capitol Hill. In a recent statement, US senator Ben Cardin called Browder a “hero” to “many” in the Senate, for his work in passage of the Magnitsky Act, an Obama-era bipartisan bill named after Browder’s former tax lawyer, Sergei Magnitsky, who died in police custody in Russia in 2009.The act was designed to allow the US to punish officials linked to Magnitsky’s death, but also authorises the US to sanction human rights offenders and ban them from entering the country.Browder said he was seeking the support of senators and members of Congress to write a letter to the US Department of State with a list of names of specific lawyers, whose visas he felt ought to be taken away. He did not name the lawyers who might appear on the list.Browder also argued that targeting oligarch-enablers such as lawyers and accountants would be an effective way of finding their money, at least half of which he said ultimately finds its way to Putin’s coffers, as part of the Kremlin’s pact with the oligarchs.“There’s going to be a whole lot of smart law enforcement work looking at sanctions evasion now. These people have been running circles around us in the past,” Browder said. “They have set up the most robust asset protection mechanisms with trustees, holding companies, nominees and proxies offshore.”Finding the oligarchs’ money, he said, would be an “almost impossible task”. He said he would like to add an amendment to sanctions law to hold lawyers, accountants, bankers and other financial advisers liable – including possible prison time – if they are found to have created structures to evade sanctions.“Very quickly the whole system would become very transparent,” he said.Browder’s remarks follow his recent testimony before the Helsinki Commission, an independent body that consists of nine members of the US House, nine senators, and one member of the US state, defence and commerce departments. The commission is meant to help formulate policy in connection to the Organization for Security and Co-operation in Europe, and the hearing was focused on western “enablers” of Putin’s regime.Among Browder’s recommendations in his testimony was for the US to create a list of law firms, PR firms and investigative firms involved in “enabling dictatorships and oligarchs to persecute journalists” and prohibiting the US government from doing business with those firms; canceling the visas of “foreign enablers”, enforcing rules in which lawyers and public relations firms are meant to disclose their work for foreign governments; and creating new laws to protect journalists from so-called SLAPP (strategic lawsuit against public participation) suits that are meant to intimidate the press.TopicsUS newsUS politicsVladimir PutinRussiaUkrainenewsReuse this content More

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      Tax the rich: these one percenters want people like them to pay higher taxes

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      Tax the rich: these one percenters want people like them to pay higher taxesMembers of the Patriotic Millionaires say the income gap in the US has become a disaster – and it’s time to ‘take that money back’ The sound system played Pink Floyd’s Money as the Patriotic Millionaires assembled in the boutique Eaton hotel in Washington DC last week. After compulsory Covid tests there was a lot of well-heeled hugging and laughter among a crowd that looked like extras from Succession as they sat down at tables stacked with M&Ms stamped with “tax the rich”.This was the first time since the pandemic that the Patriotic Millionaires had assembled together in person. The group, founded in 2010, is made up of high net worth individuals who believe – counterintuitively these days – that the really rich should pay more taxes. And after a dozen often frustrating years some of them now believe change is coming.In the White House, Joe Biden has proposed new taxes on households worth more than $100m. The war in Ukraine has shown that the international community can, and will, crack down on oligarchs. Some of the workers who made fortunes for Amazon’s Jeff Bezos and Starbucks’s Howard Schultz have successfully formed unions despite the millions both companies spent fighting them off.“No one was talking about taxing the rich when we started,” said Morris Pearl, chair of the Patriotic Millionaires and a former managing director at BlackRock, the largest money manager in the world.Even the conversation seemed ridiculous under Donald Trump, Pearl added. “We have seen a huge change. You have a president talking about taxing the rich, people are talking about wealth taxes – those weren’t even fringe ideas 10 years ago. I’m not saying it’s going to happen and pass into law but there are conversations at the highest levels.”Part of the reason why those conversations are happening is that the situation has got so bad. Speaker after speaker at the one-day conference highlighted how the very, very rich have hijacked the political system around the world, run down wages and exacerbated income inequality, ramming home the title of the conference: Oligarchs vs All of Us: The Fight for Power & Money.Another member, Gary Stevenson, a British trader turned inequality economist, believes things are only going to get worse. Billionaires made fortunes from soaring stock markets, property prices and other assets during the pandemic. Government handouts have largely helped the rich, he argues. “If nothing is done this is going to be a massive disaster,” he said. “However bad you think things are, I guarantee they will get much, much worse.”When the pandemic struck there was talk of it being a great leveler – we were all in this together. In fact, Covid-19 exacerbated economic and racial inequalities. US billionaires received a $1.1tn windfall as their wealth soared to record levels. The billionaire class boomed in Asia and reached record levels in the UK. But as we emerge from the shadow of Covid-19, hoi poloi find themselves struggling with soaring inflation and rising cost of basics such as rent, utilities and food.For Stevenson this enormous explosion of wealth is “end of civilization stuff”. “There is one thing and one thing only that we can do,” he said. “We have got to take that money back.”But are rich – and overwhelmingly white – people the right people to push that message? Abigail Disney thinks so. Disney, the granddaughter of Roy Disney, co-founder of the Walt Disney Company, sees her family as a synechdoche for what has happened to the rest of America.The Disneys were already super-rich by the time Disney, 62, was born but their wealth grew enormously just as the gap between rich and poor has grown. “Money changed my family,” she said, and not for the better. Now, she says, those rich people live in another world and are unable to see what the consequences of rising inequality will be. Hearing that from one of their own breaks that barrier, she believes.“The only people billionaires will listen to are other billionaires and multimillionaires. You need at least the two commas. And if they won’t listen, there are their children and their wives, and they will listen,” she said.While her money opens the doors of power, Disney finds her message also discombobulates ordinary Americans. She is regularly assailed on Twitter for daring to suggest rich people should pay more taxes. The problem is that people have been convinced that “every single person in this country is a billionaire waiting to happen”, in an orchestrated campaign she believes was engineered to protect the wealth of the 1%.The last four decades have seen a massive redistribution of wealth. Only problem is it went to those who were already wealthy. https://t.co/anTolPYv5g— Abigail Disney (@abigaildisney) April 5, 2022
      Hearing one of the 1% suggest that maybe that dream is a nightmare makes people crazy, she said. “The pushback I get is: ‘You never worked a day in your life! You don’t know anything!’ Well, you are right, you are making my point for me! I should not have this power and influence. Just keep making my point for me,” she said.“For me to be speaking out against my own supposed self-interest has a wow factor that catches the attention. I don’t want to ever stop doing that. We need to model what it looks like to not defend your own self-interest all the time. When you are fine and other people are not, you put aside your own self-interest and stick up for somebody else.”The chance of Biden’s tax cuts making it through Congress are slim. US politicians rely too heavily on the wealthy and some Democrats as well as Republicans will balk at taxing them more. But Disney argues that the debate has changed. After the pandemic, US oligarchs aren’t the heroes they once were and, notably, Republicans have so far steered clear of an all-out attack on Biden’s proposal.“Four years ago if you’d said ‘billionaires tax’ then they would have said you can’t bash billionaires, you’re encouraging class warfare. I haven’t heard a whiff of that,” said Disney. “Let’s not kid ourselves, the other side has tested that and found it isn’t working. That class war rhetoric isn’t working any more. And that’s good news. Because if we don’t ruffle some feathers now, we are going to have a class war. A real one.”TopicsUS income inequalityIncome inequalityUS politicsInequalityUS taxationfeaturesReuse this content More

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      US ‘will not entertain’ UK trade deal that risks Good Friday agreement

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      US ‘will not entertain’ UK trade deal that risks Good Friday agreement US congressman Richard Neal says peace deal must not be held ‘hostage over domestic politics’ A bilateral trade deal between the US and the UK is “desirable” but will not progress while the Northern Ireland peace deal is being used for domestic political purposes, one of the most powerful American congressmen has warned.Richard Neal, the chairman of the ways and means committee, has told the Guardian: “We will not entertain a trade agreement if there is any jeopardy to the Good Friday agreement.TopicsNorthern IrelandBrexitEuropeIrelandForeign policyEuropean UnionUS politicsnewsReuse this content More