20 YEARS OF TALKING WITH US PRESIDENTS HAVE BEEN A WASTE OF RUSSIAN BREATH

“HELLO BILL, THANK YOU BILL, GOODBYE BILL” – 20 YEARS OF TALKING WITH US PRESIDENTS HAVE BEEN A WASTE OF RUSSIAN BREATH

The release of the White House records of telephone and face-to-face conversations with Putin from 1999 to 2001 ought to have begun a decade ago, according to the archive notes at the Clinton presidential library. But declassification was delayed until 2019; public release was postponed until last month.

Clinton’s conversations with Yeltsin, and the opinion of Yeltsin which Clinton shared in secret with British Prime Minister Tony Blair, were revealed at the start of 2016. They told each other Yeltsin was an ingratiating fool whom they could rely on to do what they wanted so long as his health held. When it didn’t, they were happy to see him out of the way by staging, as they planned, his succession by Victor Chernomyrdin. That regime-changing scheme failed; read the story in the Clinton-Blair papers here.

$427 billion lost each year to tax dodging by corporations and the rich: landmark study

$427 billion lost each year to tax dodging by corporations and the rich: landmark study

To ensure countries around the world don’t continue to lose hundreds of billions of dollars each year which could go to strengthening their public health, infrastructure, and education systems, the Tax Justice Network said, governments must promptly take three far-reaching actions:

– Introduce an excess profit tax on multinational corporations making excess profits during the pandemic, such as global digital companies, in order to cut through profit shifting abuses.

– Introduce a wealth tax to fund the Covid-19 response and address the long term inequalities the pandemic has exacerbated, with punitive rates for opaquely owned offshore assets and a commitment between governments to eliminate this opacity.

– Establish a UN tax convention to ensure a global and genuinely representative forum to set consistent, multilateral standards for corporate taxation, for the necessary tax cooperation between governments, and to deliver comprehensive, multilateral tax transparency.