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World Economy Apr 03, 2026

Billionaire fortunes surged under Trump, sparking a nationwide push for wealth‑tax measures

As billionaire wealth hit record levels during the Trump era, a growing coalition of activists, law…
Rising fortunes among the ultra‑rich under the Trump administration have ignited a wave of tax‑reform campaigns across the United States. In California, volunteers like Karen Sanchez are gathering signatures for a one‑time 5% wealth tax targeting the state’s 200‑plus billionaires to offset federal cuts to hospitals, education and food‑assistance programs.At least ten states are exploring similar measures. Washington recently enacted its first income‑tax aimed at roughly 20,000 millionaire households, while Massachusetts and Minnesota already channel wealth‑tax proceeds into preschool, K‑12 meals and transportation infrastructure.On the federal front, Senators Bernie Sanders and Representative Ro Khanna have introduced the “Make Billionaires Pay Their Fair Share Act,” proposing an annual 5% levy on billionaire net worth. Khanna argues that the ultra‑wealthy fund private health insurers, defense contractors and political campaigns, creating a stark fairness gap.Data from Oxfam shows that in the twelve months after Trump’s re‑election, billionaire fortunes grew at a rate three times faster than the average annual growth of the previous five years. Meanwhile, the federal minimum wage has remained stagnant at $7.25 for fifteen years, underscoring the widening economic divide.A Data for Progress poll released last fall found that 70% of Americans believe the economic system favours corporations and the wealthy. “People are angry and want change,” says Amy Hanauer of the Institute on Taxation and Economic Policy (ITEP), noting that activists are leveraging every level of government to seek relief.The movement draws on a two‑decade history of class‑based activism, from the Occupy Wall Street protests to Senator Sanders’ 2016 campaign that foregrounded wealth‑tax proposals. Yet inequality has deepened: CEOs of the five largest U.S. firms now earn, on average, **$52 million** annually—over a thousand times the typical worker’s salary.Political spending by billionaires has also exploded. A recent New York Times analysis reveals that billionaire contributions rose from **0.3% of campaign funds in 2008** to **19% in 2024**, amounting to more than **$3 billion** from roughly 300 ultra‑rich donors, many of whom supported candidates opposing wealth taxes, including former President Donald Trump.The war in Iran has further inflamed resentment, with the United States spending **$11.3 billion** in the first week of bombardment—far exceeding the annual budgets of agencies such as the CDC, EPA and the National Cancer Institute.Local victories are feeding the momentum. New York City’s mayoral race saw Zohran Mamdani win on a platform that includes taxing the rich to fund affordable housing, groceries and transit. Councilmember Chi Ossé led a 1,500‑person march to the state capitol, urging Governor Kathy Hochul to permit a city‑level millionaire tax, a move that now has backing from some state Democrats.Beyond New York, states like Rhode Island, Hawaii, Pennsylvania, Virginia, Illinois and New Mexico are debating various wealth‑tax mechanisms, including the popular “mansion tax” on high‑value home sales. Currently, **17 localities** have adopted such taxes, most passed between 2018 and 2023.California’s gubernatorial race has become a flashpoint. Billionaire‑backed candidates Matt Mahan and Tom Steyer are vying to replace Governor Gavin Newsom, with the tech elite—such as Sergey Brin and Joe Lonsdale—pouring money into campaigns opposing the billionaire tax. Of the 30 billionaires who have contributed to the race, **25 supported Mahan**, who has positioned himself as a staunch anti‑tax candidate.For Sanchez, the stakes are personal. The proposed tax seeks to replace **$100 billion** in federal health‑care funding cut by Trump’s “One Big Beautiful Bill Act,” which threatens hospital closures and layoffs in the nation’s fourth‑largest economy. She aims to collect **875,000 signatures** by late June to secure the initiative on the November ballot.“It’s creating a network of groups all working toward a common good,” Sanchez says, reflecting a broader sentiment that collective action could finally translate the public’s demand for fiscal fairness into concrete policy.
#california #seiu #oxfam
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Politics Apr 03, 2026

Britain's Shift Towards Closer EU Ties Amid Global Uncertainty

The article discusses how Donald Trump's actions are pushing Britain closer to the EU, with Keir St…
The current global landscape is marked by uncertainty, with Donald Trump's policies contributing to a sense of instability. As the world grapples with the implications of the Iran war, including a potential global shortage of jet fuel, the UK is reevaluating its relationships. Keir Starmer, leader of the Labour Party, has argued that a closer partnership with Europe is in Britain's national interest. This stance is echoed by Rachel Reeves, highlighting the need for the UK to strengthen its ties with the EU to mitigate the risks of a global economic crisis. The article notes that 63% of Britons would vote to rejoin the EU if a referendum were held today, according to recent YouGov polling. This sentiment is reflected in the growing popularity of a youth mobility scheme that would allow young people to work and study abroad, a proposal that has gained traction even among Leave voters. Starmer's ally, Nick Thomas-Symonds, has been negotiating a deal that would align with EU rules on food and drink, potentially leading to the relabelling of certain products like marmalade. While challenges remain, including competitive trade interests, the article suggests that Europe is choosing unity in the face of crisis. The author, Gaby Hinsliff, argues that Britain has learned from its past mistakes and is now seeking to build a new relationship with the EU at speed. While rejoining the EU is not imminent, the will and political courage are needed to seize this second chance.
#United Kingdom #European Union #Keir Starmer
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Uk News Apr 03, 2026

Ground Control named as contractor in illegal felling of 500‑year‑old Whitewebbs oak, prompting legal fight with Toby Carvery and Enfield Council

The Guardian has uncovered that maintenance firm Ground Control carried out the unauthorised remova…
The Guardian’s investigation has revealed that the company responsible for the unauthorised partial felling of a 500‑year‑old oak in Whitewebbs Park, Enfield, was Ground Control, a maintenance business that reports a turnover of £190 million. The tree was cut down in September 2025 on behalf of Mitchells & Butler Retail (MBR), the owner of the Toby Carvery restaurant chain. MBR initially defended the action, claiming its contractor warned that the oak was diseased and posed a safety risk. However, a coalition of experts – including a Forest Commission investigator and ancient‑tree specialist Russell Miller – found the tree to be healthy with no imminent danger. Miller described the alleged “hazard” as an old, semi‑occluded wound that did not justify felling the entire tree. According to Dr. Ed Pyne of the Woodland Trust, the delay in identifying the contractor highlights a broader lack of transparency: "What evidence exists that the tree was dangerous? What qualifications did the operatives have?" He added that the justification for the removal remains unsubstantiated. Ground Control’s own documentation shows the work was assigned to its grounds‑maintenance team rather than its specialist arborists, a detail that fuels further criticism of MBR’s decision‑making process. Sources close to the firm say an internal review was conducted by a contracts manager, not a tree expert. Enfield Council, which owns the park, has launched legal action to evict Toby Carvery after MBR refused to apologise or offer compensation. The council also referred the incident to the police, but officers declined to investigate, deeming it a civil matter. Complicating the dispute, MBR is majority‑owned by investment group Enic, which holds strong financial ties to Tottenham Hotspur. The football club plans to develop a women’s training academy on 17 hectares adjacent to the park, a proposal opposed by the local campaign group Guardians of Whitewebbs. The group has secured a judicial review of the planning permission, set for June. In a statement last April, MBR asserted that its “specialist arboriculture contractors” deemed the split and dead wood a serious health‑and‑safety risk. A Toby Carvery spokesperson declined further comment, citing ongoing legal proceedings. The revelation of Ground Control’s involvement adds a new layer to the controversy, raising questions about corporate responsibility, environmental stewardship, and the adequacy of legal protections for historic trees in urban green spaces.
#tree #which #ground
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Politics Apr 03, 2026

National Capital Planning Commission greenlights Trump’s $400 million White House ballroom amid legal showdown

The National Capital Planning Commission approved President Donald Trump’s plan to construct a 90,0…
The 12‑member National Capital Planning Commission, the agency that reviews construction on federal sites in Washington, D.C., voted on Thursday to approve President Donald Trump’s proposal for a massive ballroom at the White House. The project envisions a 90,000‑square‑foot (8,400‑square‑metre) space on the site of the East Wing, which Trump ordered demolished in October. Commission chair Will Scharf, a former personal lawyer to the president, said the ballroom could eventually be regarded as a "national treasure" comparable to other iconic White House components. However, the approval comes at a time when a U.S. District Judge has blocked further work pending explicit congressional authorization. Judge Richard Leon warned that while the president is the steward of the White House for future First Families, he is not its owner, emphasizing that major construction projects require legislative consent. Trump responded on social media, insisting the ballroom is funded by private donations and that past White House projects never needed congressional approval. Financially, the ballroom’s estimated cost has ballooned to roughly $400 million, double the $200 million figure cited by the White House in July 2025. Trump has pledged to complete the venue before the end of his term in early 2029, relying on contributions from wealthy donors—a point critics argue could create undue influence over the administration. Public sentiment appears overwhelmingly negative. Democracy advocate Jon Golinger of Public Citizen remarked, "The American people have weighed in on this project, and they hate it." The commission’s vote was delayed from March after a surge of public comments, the majority of which opposed the construction. Despite the commission’s endorsement, the ballroom’s future remains uncertain. The judge’s ruling underscores that without a congressional green light, the project cannot legally move forward, setting the stage for a continued clash between the White House, lawmakers, and the public over the use of the nation’s most symbolic residence.
#National Capital Planning Commission #Donald Trump #White House
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Politics Apr 03, 2026

Pakistan Persists with US‑Iran Mediation Amid Rising Tensions and New Regional Initiatives

Pakistan’s foreign ministry says it will keep pushing the United States and Iran toward peace talks…
Pakistan reaffirmed its commitment to steer the United States and Iran back to the negotiating table, even as it faces "obstacles" that were not disclosed by Foreign Office spokesperson Tahir Andrabi during a weekly briefing in Islamabad.The statement came hours after U.S. President Donald Trump warned he would bomb Iran "back to the Stone Ages" if Tehran rejected Washington’s peace terms, underscoring the volatile backdrop to Pakistan’s diplomatic push.Andrabi emphasized that Pakistan will continue to "promote facilitation and dialogue" and is working to create conditions for meaningful negotiations among relevant stakeholders. He noted that both Washington and Tehran view Pakistan as a neutral intermediary.In a tangible sign of confidence, Iran has permitted 20 Pakistani‑flagged vessels to transit the Strait of Hormuz. Andrabi described this as "a harbinger of peace" and a positive step for regional stability, though he did not confirm whether any ships have already sailed.The Hormuz corridor has been largely blocked since Iran curtailed oil and gas shipments after the outbreak of the US‑Israel‑Iran conflict on February 28, driving up energy prices and straining economies across the region.High‑level contact between Islamabad and Tehran continues. Andrabi cited a March 28 call between Iranian President Masoud Pezeshkian and Pakistani Prime Minister Shehbaz Sharif, during which both leaders stressed the need to "build trust" and praised Pakistan’s "supportive role for peace".Regional diplomacy intensified after Deputy Prime Minister and Foreign Minister Ishaq Dar returned from Beijing, where he met Chinese Foreign Minister Wang Yi. The two sides produced a joint five‑point initiative calling for an immediate ceasefire, urgent diplomatic engagement, and the restoration of normal maritime traffic through the Strait of Hormuz.Andrabi said the China‑Pakistan proposal has been shared with the United States, Iran and other stakeholders, receiving appreciation "across the region and beyond". The plan aligns with outcomes from a four‑nation ministerial meeting in Islamabad that included Saudi Arabia, Turkey and Egypt.Despite a hairline fracture sustained during the Islamabad talks, Dar travelled to Beijing, underscoring Pakistan’s strategic partnership with China. He later announced that Pakistan is ready to host direct US‑Iran negotiations in the coming days, a proposal reiterated by Andrabi at the briefing.While Pakistan positions itself as a facilitator, Andrabi acknowledged that Iran has so far limited mediation to indirect messages and has not committed to direct talks, stating, "Iran, as a sovereign country, determines its own policies."In a separate diplomatic track, Pakistan sent senior officials to Urumqi, China, for discussions with Afghanistan – the first substantive contact since Islamabad launched cross‑border strikes in late February. Andrabi stressed that Afghanistan must demonstrate "visible and verifiable actions" against terrorist groups operating from its territory.Pakistan continues its Operation Ghazab lil‑Haq, launched on February 26 to target terrorist sanctuaries in Afghanistan after alleged cross‑border fire from Taliban forces. Following a five‑day Eid‑ul‑Fitr pause, the operation remains ongoing.Islamabad accuses the Taliban‑run Kabul government of allowing the Tehrik‑i‑Taliban Pakistan (TTP) to use Afghan soil for attacks inside Pakistan, a claim the Afghan side denies. China has also facilitated Pakistan‑Afghanistan engagement, hosting meetings in Beijing and Kabul earlier in the year.
#Pakistan #United States #Iran
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Business Apr 02, 2026

Thames Water Near Agreement to Shield Against Ofwat Fines Until 2030 in Exchange for Major Investment

Thames Water is on the brink of a deal with its regulator that would suspend new Ofwat fines throug…
Thames Water is reportedly close to securing a pact with England and Wales’ water regulator, Ofwat, that would prevent the imposition of fresh fines for the next four years, contingent on a substantial commitment to upgrade its infrastructure.The proposal, first tabled in June 2025, originates from the utility’s creditors, who are keen to avoid a scenario where the struggling company is temporarily renationalised. These lenders had already injected £3 bn of emergency financing last year to keep the business afloat.Having amassed a £17.6 bn debt burden since privatisation, Thames Water has been battling potential insolvency for over two years. A previous attempt to sell the firm collapsed when the preferred bidder, KKR, pulled out at the last minute.Under the contemplated agreement, Ofwat would accept “undertakings” from Thames Water, meaning the company would focus on rectifying the underlying service failures rather than paying penalties to the government. However, the deal would not shield the utility from possible sanctions by the Environment Agency or from ongoing legal actions.Pressure is mounting as Thames Water is projected to run out of cash in October, intensifying the urgency of reaching a resolution. Any settlement must undergo a three‑month public consultation, a process likely to attract criticism given that customer water bills are set to rise by more than a third by 2030, before accounting for inflation.Creditors have pledged that all outstanding fines will be settled and that regulators will gain greater transparency and accountability over the company’s efforts to curb pollution, leakage, and other performance targets introduced a year ago.Thames Water itself emphasised a “market‑led solution” that delivers swift improvements for both customers and the environment while progressing its operational and financial turnaround plan. The utility highlighted that it has launched its largest upgrade in 150 years, allocating a record £1.26 bn in capital investment—a 22% year‑on‑year increase in the first half of the 2025‑26 financial year—focused on fixing leaks, reducing pollution, and enhancing water quality.An Ofwat spokesperson noted that the regulator is carefully reviewing the creditors’ plans to ensure they produce a genuine turnaround in performance and bolster the company’s financial resilience for the benefit of both customers and the environment.
#Thames Water #Ofwat #UK government
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Politics Apr 02, 2026

UK Government Moves to Ease Planning Restrictions for Intensive Poultry Farms Amid Industry Lobbying

UK ministers are revising the National Planning Policy Framework to simplify approval of intensive …
Ministers are rewriting planning rules to make it easier to approve intensive livestock farms, despite ongoing concerns about water pollution, air quality and local opposition.Freedom of Information documents obtained by the Guardian reveal that proposed changes to the National Planning Policy Framework (NPPF) have been discussed in response to lobbying by the country’s leading chicken producers for at least two years.The British Poultry Council (BPC) told farming minister Angela Eagle last autumn that “access to more growing space is the number one priority for the poultry meat sector.”In a submission to the government’s farm profitability review, the BPC argued that the need for a solution—whether through planning reform or land‑use policy—“dwarfs all other issues currently facing us.”Ahead of a January round‑table with Eagle, the BPC urged the government to “develop national planning direction and oversight for food production … to safeguard the UK’s long‑term food security.”Eagle responded that the government has “announced proposals to reform the planning system to more quickly unlock food and farming infrastructure,” emphasizing that “planning should enable ambition, not stifle it.”Her briefing notes directly linked the proposed changes to industry lobbying, describing planning reform as one of the sector’s “biggest asks” and noting that the Department for Environment, Food & Rural Affairs and the Ministry of Housing, Communities and Local Government are working to “find solutions to planning barriers to poultry sheds and other infrastructure necessary for food production.”The draft NPPF includes several measures that could ease approval of new intensive livestock developments: a higher threshold for refusing applications on environmental grounds, reduced scope for local authorities to adopt tougher rules, greater weight given to “domestic food production,” and a new emphasis on “better accommodation for livestock.”The industry says it needs extra space to house chickens because of voluntary commitments to lower stocking density. Critics point out that these welfare commitments are not legally binding and that planning conditions do not guarantee long‑term compliance. Recent withdrawals by restaurant chains from the Better Chicken Commitment underscore the controversy.Richard Griffiths, chief executive of the BPC, said the reforms are needed to accommodate welfare improvements rather than to expand production, noting a voluntary reduction in stocking density from 38 kg to 30 kg per square metre.Griffiths warned that failing to support domestic production could increase imports, and the BPC has called for food production to be classified as “critical national infrastructure.”Prof. Paul Behrens of the University of Oxford countered that the food‑security case for intensive poultry is “illusory” because the sector depends on imported feed and vitamins and is vulnerable to disease outbreaks such as avian flu.Opposition to poultry megafarms is organised, with local residents raising concerns over water pollution, air quality and the climate crisis. The Environment Agency estimates agriculture accounts for roughly 70 % of nitrate and 25‑30 % of phosphorus pollution in UK waterways, and runoff from intensive poultry units contributes to that burden.Last year, Norfolk councillors rejected Cranswick’s plan for a 900,000‑bird chicken farm after the company failed to demonstrate that the development would not cause “significant adverse effects on protected sites.”The BPC has also urged early intervention by the Planning Inspectorate to minimise delays, arguing that centralised oversight would bring objectivity to a system where “naysayers, particularly via social media, have a disproportionate sway in the decision‑making process.”Campaign group Communities Against Factory Farming warned that the proposed regime “risks embedding decades of industrial livestock land use in rural and green‑belt locations without adequate scrutiny,” giving “substantial weight” to the economic benefits of intensification.A government spokesperson rejected claims that the NPPF proposals are driven by lobbying, stating that they have been carefully considered to balance sector support with broader priorities such as food security and environmental protection.
#UK Government #National Planning Policy Framework #British Poultry Council
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World Apr 02, 2026

EU’s tepid response to Israel‑Lebanon conflict sparks calls for sanctions and trade suspension

Irish MEP Barry Andrews’ visit to Beirut exposed a worsening humanitarian crisis in southern Lebano…
Irish MEP Barry Andrews toured makeshift shelters in Beirut last month, where displaced families are living on dirty mattresses and blankets and suffering from infections. The conditions, he said, are worse than during Israel’s 2024 incursion, underscoring the human cost of Israel’s retaliatory strikes after Hezbollah fired rockets into Israel.On returning to Dublin, Andrews became one of the first European lawmakers to urge the European Union to revive sanctions against Israel. He argued that the EU must also address state‑backed settler violence in the West Bank, attacks on health workers in Gaza, and Israel’s recent move to reinstate the death penalty for Palestinians convicted of terrorism.The EU’s leverage lies in its association agreement with Israel, a commerce and cooperation accord that underpins a €68 billion (€59 bn) trading relationship and includes cooperation on energy and scientific research. Former EU representative to the Palestinian territories, Sven Kühn von Burgsdorff, says the bloc should suspend this agreement, halt all military aid, and cease trade with illegal settlements, warning that inaction will further damage the EU’s reputation.Andrews described the EU’s reaction to the Iran‑Israel‑Lebanon war as “weak and pathetic,” adding that it effectively gives Israel a “permission slip for endless war crimes.” The European Commission condemned the Knesset’s death‑penalty vote as “very concerning” and a “clear step backwards,” while the Council of Europe called it a “legal anachronism” incompatible with modern human‑rights standards.Human‑rights figures note that in the past four weeks more than 1,240 people have been killed in Lebanon—including at least 124 children—and over 1.1 million have been displaced. In Gaza, the death toll has risen by 673 since the October ceasefire, bringing the total to 72,260 deaths.EU leaders have been divided on how to respond. Former Commission President Ursula von der Leyen proposed unprecedented sanctions last September, citing a “man‑made famine” in Gaza, but the proposal failed to secure a majority in the Council of Ministers, losing momentum after the U.S. announced a cease‑fire plan.Member states also differ: Ireland, Spain and Slovenia champion the Palestinian cause, whereas Germany, Austria and Hungary—led by Viktor Orbán, a close ally of Prime Minister Benjamin Netanyahu—have resisted measures such as sanctions on West Bank settlers.Despite these divisions, a senior EU diplomat warned in mid‑March that the bloc may need to “increase pressure on Israel again,” citing the “highly problematic” situation in Gaza and the West Bank. Another diplomat highlighted the importance of engaging with Israeli civil society, noting an open letter from 600 Israeli security officials urging an end to the Gaza war.In a recent statement, a Commission spokesperson reiterated that diplomatic engagement with Israel continues, describing it as the standard approach when partners “do not see developments eye to eye.” Yet former EU envoy Kühn von Burgsdorff cautioned that the EU cannot appear as a “sidekick” to an “erratic, unreliable” U.S. president or a “warmongering, annexationist” Israeli prime minister, as such a stance would undermine Europe’s global standing.
#israel #lebanon #hezbollah
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Health Apr 02, 2026

US Health Aid Deals Spark Concerns of Exploitation in African Nations

The US has proposed bilateral health agreements to developing countries, mostly in Africa, in excha…
The United States has been proposing unusual bilateral health agreements to developing countries, mostly in Africa, in exchange for access to sensitive health data and critical minerals. These deals have sparked concerns of exploitation and have been met with resistance from several countries.In November, the US approached Zimbabwean authorities with a proposal that would have provided over $300m in funding in return for sensitive health data. However, Harare felt that the negotiations were 'lopsided' and promptly pulled out.Zambia also pushed back against a similar proposal, citing 'problematic' clauses that sought access to the country's minerals, including copper, cobalt, and lithium. The US had offered $1bn in funding over five years, but Lusaka requested a review of the proposal.Several African countries, including Nigeria and Kenya, have signed the health pacts, but the terms agreed remain unclear.Data or mineral demands in return for health aid are unprecedented in the history of US-Africa relations. Policy experts argue that tying crucial funding to sensitive national assets could have negative consequences for African nations and the US itself.'Supporting global health has clear benefits to the United States in terms of prevention of pandemics that can affect Americans too,' said Sarang Shidore, Africa director at the Quincy Institute for Responsible Statecraft. 'Linking such aid to payoffs in the extraction of critical minerals smacks of exploitative practices.'African nations have long relied on US funding to foot many of their health bills. In 2024, African countries received $5.4bn in US assistance, largely spent on humanitarian, health, and disaster needs.However, the US has argued that aid cuts suit its America First agenda, which prioritizes national interests. The stance has been met with criticism, with some economists arguing that aid is often ineffective and causes overreliance.Washington is now focused on government-to-government deals, which have typically required governments to take on an increasing share of their own health budgets in the next four to five years.Some analysts see this as a positive move to reduce overdependence on foreign funding and force governments to prioritize health spending in their budgets. However, the clauses that Washington is demanding to leverage its aid for data, rare earth elements, and other minerals have caused widespread outrage in some countries.In the case of Zambia, the US reportedly asked for access to the country's critical minerals in return for $1bn over five years. The US also asked for a one-way data-sharing agreement for 10 years.If Lusaka fails to ink a deal, US aid funding to the country will be discontinued, which could mean losing the remnants of funding Zambia still receives from the PEPFAR programme.
#United States #Nigeria #Cobalt
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