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British Economist: Much UK Energy Cost Rise is Due to Political Anti-Russia Sanctions_我的网站

一 |     The UK government has rolled out the Energy Bills Support Scheme, under which British households will start receiving £400 ($488) off their energy bills from October, with the discount made in six instalments to help families throughout the winter period.,However, the measure does not seem to be enough to save the day, given that Brits have found themselves caught between nearly two-digit inflation and soaring mortgage payments, according to Rodney Atkinson, an academic and political and economic commentator.,"Once the government lost control of monetary policy (or indeed deliberately printed money during COVID in order to debase its own debt) then there are no easy ways out," Atkinson said. "The British government has offered all households energy subsidies and those on support programs more. But now interest rates are rising and although this raises the value of the pound and reduces import and energy costs, the overall effect is more suffering. Mortgage costs and business debt costs have been rising for months.",Increasing energy bills all across Europe are whipping inflation up even further. On July 27, the Guardian made an attempt to blame reduced gas flows through Russia's Nord Stream 1 for the soaring energy prices, while shying away from shedding light on the energy embargo introduced by the US, the UK and the EU against Russia's hydrocarbons. The US and the UK have been in the vanguard of anti-Russia sanctions since Moscow launched its special military operation to demilitarize and de-Nazify Ukraine on February 24, 2022.,"Because much of the rise in costs is due to the political anti-Russia sanctions; changes in monetary policy will have little effect and are not quick enough," emphasized Atkinson. "Only a retreat on oil sanctions by the EU will drive down oil prices (which is already happening). Biden and the EU’s attempts to persuade the Middle East producers of oil and gas to increase production were a failure.",Sunak Vows ‘Radical’ Income Tax Cut as Truss Team Accuses Ex-Chancellor of ‘Another U-Turn’1 August, 08:12 GMT,New British Cabinet Will Have a Lot on Its Plate,While the British government has pledged to slash at least part of Brit’s energy expenditures, the question arises as to where No. 10 will find this money, given that both Tory candidates for prime minister, Liz Truss and Rishi Sunak, have vowed to cut taxes considerably.,"In an election, the promises are all about cutting taxes and increasing expenditure - a very dangerous combination which is unsustainable," warned Atkinson. "There are many state subsidies and expenditures which could be cut (to justify the tax cuts) but no one likes to mention them. And Truss seems to be piling up ever more spending promises.",Still, it is clear that the new British cabinet will have to exert much effort to prevent people from taking to the streets. The British economist presumes that No. 10 "will have to offer greater subsidies to those caught by the high winter fuel prices.",Nonetheless, "the continuing high profitability of energy producers and energy utilities will further increase the public’s anger at big business and multi nationals who are also seen as not paying their fair share of tax," Atkinson projected.,"Voters are becoming more and more cynical but there are no politicians in any party capable of understanding the fundamental problem of state and corporate profit combined with voter weakness and consumer poverty," he underscored.。

二 |     An office at the Department of Homeland Security that helps detect biological and chemical weapons could shutter if Congress doesn't fund it by December -- an increasingly likely possibility as Republicans on Capitol Hill struggle to select a speaker.The Countering Weapons of Mass Destruction Office at the Department of Homeland Security, which is the one-stop shop for the department's detection and research of biological weapons, will close if not funded by December because of language put into the initial development of the office in 2018.Some of the capabilities of the office include supporting large events like the Macy's Thanksgiving Day Parade with radiological detection devices and supporting state and local governments with nuclear detection devices."This is a highly charged environment, and the threat environment is complex and it is complicated," Mary Ellen Callahan, the assistant secretary for countering weapons of mass destruction, told reporters at DHS headquarters on Thursday. "The CWMD office was created to have the subject matter expertise to be able to address a multitude of chemical, biological, radiological and nuclear threats and to go and help support those who are the first responders, who are really the canaries in the coal mine, so to speak, and to help support the homeland."The office she oversees is the only one that looks at "state, local, tribal, territorial aspect of response to nuclear threats," she said.For example, the programs that partner with 14 major cities to detect and prepare a response for nuclear events would go away, Callahan said.Officials within the office said budgetary constraints could cause a strain for those cities."They would have to recreate [the CWMD office] and spend resources that they don't presently have," one DHS official said.Callahan told reporters that lawmakers are on board with legislation for the office to continue it is just about how to get it done in time before the office is terminated."It's a complicated congressional environment," she said.Much House business -- including appropriating funds to government agencies -- has come to a grinding halt following the ouster of former Speaker Kevin McCarthy. After House Republicans twice rejected Rep. Jim Jordan for speaker, it appears there will be a third floor vote, although the timing is not yet clear.。

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