#money

anonymiss@despora.de

#Tax on the super-rich approved in #G20 leaders' #declaration

Source: https://agenciabrasil.ebc.com.br/en/economia/noticia/2024-11/tax-super-rich-approved-g20-leaders-declaration

"With full respect for tax sovereignty, we will seek to engage cooperatively to ensure that ultra-high-net-worth individuals are effectively taxed. Cooperation may include exchanging best practices, fostering debates on tax principles, and developing anti-avoidance mechanisms, such as addressing potentially harmful tax practices. We look forward to continuing discussions on these issues within the G20 and other relevant forums, drawing on the technical contributions of international organizations, universities, and experts," says the document, whose final content was approved by consensus.

#politics #wealth #rich #future #finance #economy #money #news #poverty

faab64@diasp.org

THE MOST EXPENSIVE ELECTIONS IN HISTORY: Harris & Trump spent a combined $3.5 billion on their election campaigns, raising almost 4.5 billion.

Harris raised $2.3 billion, spending $1.9, while Trump raised $1.8 billion & spent $1.6 billion.

More than half of the budget goes to advertising & administrative expenses: Harris - $250 million, Trump - $200 million.

Trump also spent more than $100 million (14% of all funds) to cover legal costs - these are costs Harris didn't have. Wonder why? 😐

#Dumbfuckistam #USelection #Politics #USpol #Trump #Harris #Money

kuchinster@hub.hubzilla.de

BlackRock’s Fink Calls For Energy Pragmatism, Omits ESG From Annual Letter

“I’m hearing more leaders talk about decarbonization and energy security together under the joint banner of what you might call ‘energy pragmatism.’ Last year ... I spent a lot of time talking to the people who are responsible for powering homes and businesses, everybody from prime ministers to energy grid operators. The message I heard was completely opposite to what you often hear from activists on the far left and right, who say that countries have to choose between renewables and oil and gas. These leaders believe that the world still needs both. They were far more pragmatic about energy than dogmatic. Even the most climate conscious among them saw that their long-term path to decarbonization will include hydrocarbons, albeit it less of them, for some time to come.”

“Or look at Texas. They face a similar energy challenge – not because of Russia but because of the economy. The state is one of the fastest growing in the U.S., and the additional demand for power is stretching ERCOT, Texas’ energy grid, to the limit.

Today, Texas runs on 28% renewable energy – 6% more than the U.S. as a whole. But without an additional 10 gigawatts of dispatchable power, which might need to come partially from natural gas, the state could continue to suffer devastating brownouts. In February, BlackRock helped convene a summit of investors and policymakers in Houston to help find a solution.”

“The energy market isn’t divided the way some people think, with a hard split between oil & gas producers on one side and new clean power and climate tech firms on the other. Many companies, like Occidental, do both, which is a major reason BlackRock has never supported divesting from traditional energy firms. They’re pioneers of decarbonization, too... We invest in these energy companies for one simple reason: It’s our clients’ money. If they want to invest in hydrocarbons, we give them every opportunity to do it – the same way we invest roughly $138 billion in energy transition strategies for our clients. That’s part of being an asset manager. We follow our clients’ mandates.”

https://www.forbes.com/sites/jonmcgowan/2024/03/27/blackrocks-fink-calls-for-energy-pragmatism-omits-esg-from-annual-letter/

#oil #gas #naturalgas #energy #energycrisis #money #investments #BlackRock #decarbonization #renewableenergy #ESG #Western #deepstate #fail #blameRussia

anonymiss@despora.de

The real rulers are the Elon Musks and #Trump is just on stage for the smear theater. Unfortunately, the leftists who want to redistribute #wealth no longer exist in American politics. The right has stepped into this gap and taken over the problems of poor people for their politics. How can the US be a #democracy if you have to be a millionaire to become #president or need the favor of millionaires to make it?

#politics #news #usa #society #poverty #Problem #WhiteHouse #freedom #government #capitalism #money #finance #election #future #humanrights #power

ramnath@nerdpol.ch

https://lionessofjudah.substack.com/p/dr-vernon-coleman-uk-pensioners-will

By #Dr. #VernonColeman
#VC
Politicians and journalists constantly lie about the #money paid to British #Pensioners.

Politicians say that pensioners receive £221.20 a week to live on.

That is a terminological inexactitude. It’s not true. It is a convenient piece of misinformation.

Millions of British Pensioners actually receive the basic state pension of £169.50 a week. That’s £8,814 a year. And that is supposed to pay for accommodation, heat, light, clothing, transport, clothes and everything else. Unlike Starmer and his chums, not many pensioners are given free clothes and spectacles.

Pensioners everywhere are in debt because Starmer’s Government is too busy paying out huge sums to trade union members who went on strike for more money. (Belligerent junior doctors – who should have been sacked for unprofessional behaviour are getting a massive and absurd 22% pay rise.)

So, why the confusion about what pensions are paid to the elderly?

Just under ten years ago the State pension paid to retirees who had worked all their lives and who paid taxes and national insurance payments so that they would receive a pension, was changed.

New pensioners receive the `new’ pension of £221.20 a week. Lucky for them – though there aren’t all that many of them.

But the oldest pensioners, the ones in their mid to late 70s and in their 80s and 90s, receive the smaller pension of £169.50.See less

Dr. Vernon Coleman: UK Pensioners Will Be Frozen and Starved to Death by Starmer’s Left Wing Government
lionessofjuda

brainwavelost@nerdpol.ch

The country’s wealthiest bankrolled the election, wielding political power and influence like never before.

On the morning of Wednesday, November 6, Donald Trump made history as the first convicted felon to become president of the United States.

Now that Trump has emerged victorious, Musk stands to make huge gains from his financial support of the former president. According to Politico, Trump promised Musk he can lead a “Department of Governmental Efficiency,” a deliberately vague role which could hand Musk serious political power. Already, Musk has said he could use the role to take $2 trillion from the federal budget.

atmos

#trump #musk #Money #Zuckerberg

brainwavelost@nerdpol.ch

Sir Reg
Goodbye to all your freedoms

Now it’s time to remove the shackles
The sweet yonder years passed me by
Don’t believe what I read in the one-sided news,
#propaganda they make you believe
Slam the door on the fake agendas
Only you make your mind up, not them
We can learn from the mistakes of lies in the past,
now they’re haunting us all to give in

Stand up and fight for what you believe in
You’re letting them take it away
When the many are few and the few have the #money,
you fight ‘til the end of the day

So goodbye to all your #freedom
They’re closing the borders again
We fought all lives for our people
With sword and the gun and the pen
So goodbye to all your freedom
You followed and swallowed the crimes
Stand up for yourself and your families
Now everything’s put on the line
Hope we make it this time

Dry your eyes and draw back the curtains
On the life that you’re programmed to live
Tell me, what do you think now is normal aul pal,
I can see that you’ve no fucks to give

In this time of severe #depression,
been staring the train in the eyes
Now I’ll strap on my mask and run down to the shops,
now my bullshit has grown a disguise

We stand up and fight for what we #believe in,
we won’t let let them take it away,
When the many are few and the few have the money
We’ll fight ‘til the end of the day

Down all the years, we’ve been stung by the gleam in their eyes
Gone are the times, they’ve been lying to save their behinds
In the end there’ll be war, we can promise you that much you know
They’ll cheer you when you’re on your way up
And jeer you along the way down