Around 500,000 millionaires are set to abandon the United Kingdom as Prime Minister Sir Keir Starmer looks to impose higher capital gains taxes and strip tax breaks from so-called “non-doms”—resident foreigners whose permanent home, or domicile, is overseas.
The 500,000 figure comes from UBS’s latest Global Wealth Report, with the exodus expected to conclude by 2028. It would cut the number of millionaires in Britain by around 17 percent, the largest relative fall in the millionaire population of any country covered by UBS.
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Cities like Milan, Italy, are becoming new havens for millionaires frustrated with the Britishgovernment. Italy entices wealthy foreigners with a flat tax of 100,000 euros (~$110,000) a year, increasing spending, attracting investments in retail and hospitality, and boosting retail rents in areas where the wealthy congregate.
Last year, 74,000 non-doms contributed £8.9 billion ~($11.5 billion) in taxes. While law changes requiring non-doms to pay tax on all worldwide income increase their contributions in theory, the reality is many will exit the United Kingdom, and the government will collect no taxes from them whatsoever.
Paul Donovan, chief economist at UBS Global Wealth Management, noted that Britain currently has the world’s third-highest number of dollar millionaires but argues this is “far more… than it deserves to have as an economy.”
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❓WHAT HAPPENED: Tesla has signed a deal to construct its first grid-scale battery power plant in China, resurfacing concerns regarding Tesla CEO Elon Musk’s ties to the Chinese Communist Party (CCP).
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👤WHO WAS INVOLVED: Tesla, the Chinese Communist Party (CCP), and China Kangfu International Leasing.
📍WHEN & WHERE: Project announced recently; it will be based in Shanghai, China.
💬KEY QUOTE: “After completion, this project is expected to become the largest grid-side energy storage project in China,” Tesla stated on the Chinese-controlled social media platform Weibo.
🎯IMPACT: The project highlights Tesla’s expansion into China’s energy storage market amid increasing geopolitical tensions between the United States and the CCP.
IN FULL
Elon Musk’s Tesla firm has secured its first deal to construct a grid-scale battery power plant in the People’s Republic of China, which will, upon completion, become the largest of its kind in the country. The company made the announcement on the Chinese Communist Party (CCP)-controlled social media platform Weibo, where Tesla highlighted the project’s potential impact on urban power supply.
The agreement, valued at four billion yuan ($556 million), was signed by Tesla, the local government of Shanghai, and China Kangfu International Leasing, according to Chinese media outlet Yicai. Tesla’s Shanghai factory has already produced over 100 Megapacks in the first quarter of this year, with each Megapack capable of delivering up to one megawatt of power for four hours.
In a statement on Weibo, Tesla described the grid-side energy storage power station as a “smart regulator” for urban electricity, capable of flexibly adjusting grid resources. “After completion, this project is expected to become the largest grid-side energy storage project in China,” Tesla stated, adding that the project would “effectively solve the pressure of urban power supply and ensure the safe, stable, and efficient electricity demand of the city.”
China’s CATL and carmaker BYD, both competitors in the battery market, have made substantial progress in battery development and manufacturing, with CATL holding approximately 40 percent of the global market share. Notably, CATL is also expected to supply battery cells and packs for Tesla’s Megapacks.
The deal comes amid strained trade relations between Beijing and Washington. The agreement also brings additional scrutiny on Elon Musk, who has long been criticized for his business ties to the CCP. Shortly after Musk was tapped as a special government employee to help advise the U.S. Department of Government Efficiency (DOGE), his companies saw a flood of Chinese investors, raising concerns about the possibility of foreign influence over the technology billionaire.
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❓WHAT HAPPENED: A previously deported illegal immigrant, Saul Morales-Garcia, was arrested on attempted murder charges after lunging at U.S. Attorney John Sarcone with a knife in Albany.
👤WHO WAS INVOLVED: Saul Morales-Garcia, U.S. Attorney John Sarcone, Albany County Sheriff’s Office, the Federal Bureau of Investigation (FBI), and Homeland Security Investigations (HSI).
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📍WHEN & WHERE: Tuesday night outside a hotel on Lodge Street in Albany, New York.
💬KEY QUOTE: “I feared for my life, but I couldn’t let this individual harm and potentially kill others.” – John Sarcone
🎯IMPACT: Morales-Garcia is in custody, facing charges of attempted murder, felony weapons possession, and menacing. The case is now being prosecuted by the U.S. Attorney for the Southern District of New York.
IN FULL
Saul Morales-Garcia, a 40-year-old illegal immigrant from El Salvador with a lengthy criminal record, has been charged with attempted murder after allegedly attacking U.S. Attorney John Sarcone in Albany, New York. The incident occurred Tuesday night outside a hotel on Lodge Street, where Morales-Garcia reportedly lunged at Sarcone with a knife, making a slitting-the-throat gesture, according to prosecutors.
Sarcone, who was appointed by Attorney General Pam Bondi in March, stated he feared for his life but took action to prevent harm to others. Initially fleeing to safety inside the hotel, Sarcone ultimately returned to the scene to stop Morales-Garcia from escaping. The suspect charged at Sarcone a second time before being apprehended by Albany County Sheriff’s deputies.
“I felt an obligation to the public as the chief Federal law enforcement officer in the district that includes the city of Albany,” Sarcone said in a statement. “I feared for my life, but I couldn’t let this individual harm and potentially kill others.” Morales-Garcia was taken into custody, and the knife was recovered. He has been charged with attempted murder, felony weapons possession, and menacing. Police have described the attack as random.
Morales-Garcia, who unlawfully reentered the United States in 2021, has a criminal history spanning multiple states, including convictions for driving under the influence in Georgia and disorderly conduct on federal property in Virginia. He also has an active warrant in Forsyth County, Georgia, for failure to appear in court. The U.S. Attorney for the Southern District of New York will now handle the prosecution, with assistance from the Federal Bureau of Investigation (FBI) and Homeland Security Investigations (HSI).
“Public safety is our highest priority,” Sarcone emphasized. “I am relieved that no one was harmed. I appreciated the swift response by the Albany County Sheriff’s office, which was within minutes, although it seemed like an eternity.” Sarcone also expressed concerns about safety in Albany, stating, “I’m a resident of the city of Albany, and I can’t … I don’t feel safe to go out for a walk and have a cigar right near the state Capitol.”
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❓WHAT HAPPENED: British Members of Parliament (MPs) have voted for a bill that could legalise medically assisted suicide, despite objections from many experts and professionals.
👤WHO WAS INVOLVED: British House of Commons, vulnerable patients, doctors.
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📍WHEN & WHERE: The bill was passed by the House of Commons on June 20.
💬KEY QUOTE: “I do not want to live in a society where anyone is encouraged in the belief that their lives are not valuable,” commented former British Attorney General Jeremy Wright.
🎯IMPACT: The bill could legalise assisted suicide and see many vulnerable people pressured into being euthanized due to inadequate safeguards.
IN FULL
British Members of Parliament (MPs) have voted to approve a new bill that could lead to the legalization of medically assisted suicide. MPs voted 314 to 291 to pass the euthanasia bill, despite around a thousand doctors warning of the threat it poses to them and their patients.
The so-called Assisted Dying Bill will now go to the House of Lords and must be approved there before being sent to King Charles III to receive the Royal Assent and become law. Critics of the bill have argued that there are not enough safeguards in place for vulnerable people. Notably, MPs rejected an amendment which would have made people who merely feel like a “burden” ineligible for assisted suicide, which could incentivize Britain’s socialized National Health Service (NHS) to keep support for elderly patients minimal, so they become more dependent and more likely to request to be euthanized, reducing NHS costs.
The British Geriatrics Society stated its opposition: “We have significant concerns about the lack of effective legal safeguards that would protect older people from unwarranted harm. The current language in the bill does not protect older people, especially considering the link between frailty and feeling a burden on others.”
The Royal College of Physicians also opposed it, saying that it could divert resources from other NHS operations, and that doctors must have the ability to refuse to euthanise patients. They also warned that there needs to be more stringent safeguards regarding the possible coercion of patients.
Former Attorney General Jeremy Wright commented on the bill’s passage, saying, “I do not want to live in a society where anyone is encouraged to believe that their lives are not valuable.”
The United Kingdom would be just the latest Western country to legalize euthanasia. In Canada, assisted suicide has become one of the leading causes of death in the country since it was legalized in 2016. In 2023 alone, so-called medical assistance in dying (MAID) was responsible for 4.7 percent of all deaths in Canada.
MAID has been deeply criticized after it was revealed that some had been offered assisted suicide because they were disabled or poor. Several Canadian Armed Forces veterans were even pushed toward the program.
The British vote also comes just days after the House of Commons voted to decriminalize abortion up to birth for women, causing many to remark that the country is in a moral crisis.
❓WHAT HAPPENED: The Los Angeles Dodgers claims they denied U.S. Immigration and Customs Enforcement (ICE) access to their baseball stadium parking lot for the purposes of a workplace raid; however, the Department of Homeland Security (DHS) states the agents were members of Customs and Border Protection (CBP) and were merely transferring detainees from an earlier raid nearby.
👤WHO WAS INVOLVED: ICE, the Los Angeles Dodgers, and DHS.
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📍WHEN & WHERE: Thursday morning at Dodger Stadium in Los Angeles, California.
💬KEY QUOTE: “This morning, ICE agents came to Dodger Stadium and requested permission to access the parking lots. They were denied entry to the grounds by the organization.” – LA Dodgers statement.
🎯IMPACT: The decision sparked backlash on social media, with calls for boycotts and criticism of the baseball team’s stance.
IN FULL
The Department of Homeland Security (DHS) is denying the Los Angeles Dodgers’ claims that U.S. Immigration and Customs Enforcement (ICE) attempted to conduct a workplace raid at the baseball team’s stadium but was denied entry. On Thursday, the Dodgers claimed, “This morning, ICE agents came to Dodger Stadium and requested permission to access the parking lots. They were denied entry to the grounds by the organization. Tonight’s game will be played as scheduled.”
However, DHS, responding to the incident, has clarified that the presence of Customs and Border Protection (CBP) vehicles at the stadium was unrelated to any operational enforcement. “This had nothing to do with the Dodgers. CBP vehicles were in the stadium parking lot very briefly, unrelated to any operation or enforcement,” DHS stated. A post from ICE’s official X account also denied the Dodgers’ claims, stating, “False. We were never there.”
The incident drew significant attention online, with images of DHS vehicles circulating on social media. CBP officials note that the vehicles were part of a separate raid at a nearby Home Depot, and due to protests, were unable to transfer the illegal immigrants they apprehended at the scene of the raid. Instead, they traveled to the nearby stadium parking lot to place detainees in vans to take them to a federal detention facility.
The Dodgers have faced increasing pressure to align with pro-illegal immigration activists, particularly after anti-ICE riots in Los Angeles earlier this month. Notably, the controversy comes in the wake of another divisive decision by the Dodgers, when the team chose to honor the “Sisters of Perpetual Indulgence,” a drag group centered around blasphemous distortions of the Catholic faith.
❓WHAT HAPPENED: Kari Lake implemented President Trump’s executive order on slashing federal bureaucracy by cutting the U.S. Agency for Global Media workforce by 85 percent and exposing financial mismanagement.
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👤WHO WAS INVOLVED: Kari Lake, President Donald Trump, U.S. Agency for Global Media, Voice of America, SAMHSA, and Congress.
📍WHEN & WHERE: Washington, D.C., June 20, 2025
💬KEY QUOTE: “I’m proud to carry out President Trump’s executive order and deliver results that put America First.” – Kari Lake
🎯IMPACT: Over 1,400 jobs were cut, a $250M lease was terminated, and USAGM was stripped to its statutory minimum, saving taxpayers and eliminating unaccountable bureaucracy.
IN FULL
In accordance with President Donald J. Trump’s Executive Order issued March 14, 2025, titled “Continuing the Reduction of the Federal Bureaucracy,” Kari Lake has led a sweeping reform of the U.S. Agency for Global Media (USAGM). The agency has eliminated 1,400 positions—an 85 percent reduction in workforce since March—reducing the agency to its statutory minimum required by law.
“Today, we took decisive action to effectuate President Trump’s agenda to shrink the out-of-control federal bureaucracy,” Lake said in a press release. “Reduction in Force Termination Notices were sent to 639 employees at USAGM and Voice of America—part of a long-overdue effort to dismantle a bloated, unaccountable bureaucracy.” She added, “For decades, American taxpayers have been forced to bankroll an agency that’s been riddled with dysfunction, bias, and waste. That ends now.”
In March, Lake canceled a $250 million lease for a luxury high-rise on Pennsylvania Avenue—an extravagant space funded by taxpayers under Joe Biden’s government. She is set to testify before the House Foreign Affairs Committee to expose further mismanagement and corruption at the agency.
As of June 20, only 250 employees remain across USAGM, Voice of America, and the Office of Cuba Broadcasting.
“The agency now operates near the statutory minimum; lean and focused. This is a clear example of responsible government—cutting waste, restoring accountability, and delivering on the promise to put American taxpayers first,” Lake said. She concluded by affirming her commitment to working with Congress and the State Department to modernize U.S. messaging abroad in alignment with President Trump’s America First foreign policy.
❓WHAT HAPPENED: Two Royal Air Force (RAF) logistics jets were damaged at Britain’s RAF Brize Norton base by activists from Palestine Action, who infiltrated the base and escaped undetected.
👤WHO WAS INVOLVED: Palestine Action activists, the RAF, and Thames Valley Police, who are leading the investigation.
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📍WHEN & WHERE: Overnight into Friday, at RAF Brize Norton, supposedly one of the United Kingdom’s most secure airfields.
💬KEY QUOTE: “This disgraceful act will not go unpunished,” claimed Prime Minister Sir Keir Starmer.
🎯IMPACT: The Ministry of Defence (MoD) is reviewing airfield security.
IN FULL
Two Royal Air Force (RAF) logistics jets were damaged at Britain’s RAF Brize Norton base overnight by activists from Palestine Action, a group engaged in a campaign of sabotage against Israel-linked supply chains since October 7. The activists infiltrated the airfield, damaged the aircraft using paint-filled fire extinguishers and crowbars, and painted a symbol on the runway before escaping undetected.
The Royal Air Force base, a legally protected and supposedly heavily guarded site, faced significant questions about its security after the incident. Group Captain Louise Henton OBE, the base’s Commanding Officer, deactivated her X account following public backlash. The Ministry of Defence has announced a review of airfield security while Thames Valley Police leads the investigation.
The aircraft targeted were Airbus Voyager jets, described by the RAF as its “sole air-to-air refuelling tanker,” as well as capable of carrying passengers, freight, and providing aeromedical support. Footage shared by Palestinian Action shows activists using battery-powered scooters to cross the airfield and spray liquid into one aircraft’s engine. The group claimed they were “decommissioning two military planes” allegedly intended for use in what they described as “genocide… against the Palestinian people.”
While Palestinian Action claims the attack was part of a broader campaign, the UK Defence Journal reports these aircraft are typically used for Operation Shader, the RAF’s mission against the Islamic State in Iraq and Syria. The extent of the damage is still being assessed.
The incident has reignited discussions about the preparedness of Western nations for potential sabotage if a majorwar broke out. Historically, British intelligence services like MI5 monitored and detained left-wing extremists to prevent such acts during crises. However, it is unclear whether such measures are still in place or effective today.
The National Pulse previously reported on Palestine Action trashing a facility belonging to defense firm Elbit Systems in Bristol, England, and injuring two responding police officers with a sledgehammer in August of last year.
WATCH HERE:
BREAKING: Palestine Action break into RAF Brize Norton and damage two military aircrafts.
Flights depart daily from the base to RAF Akrotiri in Cyprus.
From Cyprus, British planes collect intelligence, refuel fighter jets and transport weapons to commit genocide in Gaza. pic.twitter.com/zzmFqGKW8N
❓WHAT HAPPENED: President Donald J. Trump called for a Special Prosecutor to investigate what he described as massive fraud in the 2020 presidential election.
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👤WHO WAS INVOLVED: Donald Trump, Joe Biden, Trump’s legal and political team, and election integrity advocates.
📍WHEN & WHERE: United States, June 2025, via Trump statement.
💬KEY QUOTE: “The evidence is MASSIVE and OVERWHELMING. A Special Prosecutor must be appointed.” – Donald Trump
🎯IMPACT: The demand renews focus on election integrity investigations and places pressure on GOP lawmakers to act ahead of 2026.
IN FULL
President Donald J. Trump has said a Special Prosecutor “must” be appointed to investigate the 2020 election, arguing the evidence of fraud is now “overwhelming.” This follows revelations that the Federal Bureau of Investigation (FBI) received intelligence in 2020 regarding a Chinese plot to mass-produce fraudulent U.S. driver’s licenses to facilitate mail-in ballot fraud.
“Biden was grossly incompetent, and the 2020 election was a total FRAUD!” the America First leader wrote on his Truth Social platform. “The evidence is MASSIVE and OVERWHELMING. A Special Prosecutor must be appointed. This cannot be allowed to happen again in the United States of America! Let the work begin!”
Trump lamented that “What this Crooked man, and his CORRUPT CRONIES, have done to our Country in 4 years, is grossly indescribable!”—citing new figures showing that, while the Trump administration released zero illegal aliens into the U.S. in May, Biden released let loose an incredible 62,000 in May 2024.
❓WHAT HAPPENED: Federal Reserve Governor Christopher Waller suggested that interest rates could be lowered as early as next month due to reduced inflationary concerns and the possibility of a slowdown in the U.S. job market.
👤WHO WAS INVOLVED: Federal Reserve Governor Christopher Waller, Federal Reserve Chairman Jerome Powell, the Federal Open Market Committee (FOMC), and President Donald J. Trump.
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📍WHEN & WHERE: Comments made during a CNBC interview on June 20, 2025, following the FOMC’s Wednesday rate announcement.
💬KEY QUOTE: “Why do we want to wait until we actually see a crash before we start cutting rates?” – Christopher Waller.
🎯IMPACT: The Federal Reserve remains divided on the timing of rate cuts, with President Trump clashing with Chairman Powell over his refusal to cut rates.
IN FULL
Federal Reserve Governor Christopher Waller stated on Friday that he believes interest rate cuts could begin as early as next month, citing diminished inflation concerns. Waller emphasized the need to act proactively to avoid a potential downturn in the labor market.
“I think we’re in the position that we could do this and as early as July,” Waller said during the interview on Friday. He added, “Why do we want to wait until we actually see a crash before we start cutting rates?” His remarks come after the Federal Open Market Committee (FOMC), the internal body within the Federal Reserve that sets interest rates, unanimously voted to hold its key interest rate steady, marking the fourth consecutive hold since the last rate cut in December.
President Donald J. Trump, who nominated Waller as a governor during his first term, has consistently called for significant rate cuts to ease borrowing costs on the national debt, which stands at $36 trillion. Trump has suggested that the benchmark rate should be at least two percentage points and possibly even 2.5 percentage points below the current level of 4.33 percent (an average of the rate range of 4.25 to 4.5 percent). Waller’s shift on rates is unusual, as the 66-year-old economist has for some time been seen as one of the central bank’s more ardent inflation hawks.
Despite Waller’s advocacy for rate cuts, the FOMC remains divided. According to the “dot plot” of individual officials’ expectations, seven out of 19 participants expect rates to remain steady this year, while the others foresee one to three cuts. Fed Chairman Jerome Powell has maintained a wait-and-see approach, citing claims Trump’s tariffs will increase inflation, but the labor market is holding steady and inflation remains under control.
Waller argued for gradual cuts to minimize unforeseen issues. “You’d want to start slow and bring them down, just to make sure that there’s no big surprises. But start the process. That’s the key thing,” he said. Futures market pricing indicates little expectation of a rate cut at the upcoming July meeting, with the next move anticipated in September.
❓WHAT HAPPENED: U.S. Immigration and Customs Enforcement (ICE) agents are facing a 500 percent increase in assaults while conducting deportation enforcement operations, according to new Department of Homeland Security (DHS) data.
👤WHO WAS INVOLVED: ICE agents, DHS Assistant Secretary Tricia McLaughlin, and Democrat politicians, including House Minority Leader Hakeem Jeffries (D-NY), Boston Mayor Michelle Wu, Minnesota Governor Tim Walz, and Los Angeles Mayor Karen Bass.
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📍WHEN & WHERE: Recent weeks across the United States, including cities like Los Angeles, Seattle, and Portland.
💬KEY QUOTE: “Every day the men and women of ICE put their lives on the line to protect and defend the lives of American citizens,” said DHS Assistant Secretary Tricia McLaughlin.
🎯IMPACT: The assaults and anti-ICE rhetoric have coincided with pro-illegal immigrant riots and protests in several cities, raising concerns about the safety of ICE agents and the enforcement of immigration laws.
IN FULL
The Department of Homeland Security (DHS) has released new data revealing that U.S. Immigration and Customs Enforcement (ICE) agents are facing a 500 percent increase in assaults as they attempt to carry out deportation enforcement operations across the United States. DHS Assistant Secretary Tricia McLaughlin stated, “Today, the Department of Homeland Security released new data revealing that ICE law enforcement is now facing a 500 percent increase in assaults while carrying out enforcement operations.”
McLaughlin highlighted a recent case involving Roberto Carlos Munoz, a convicted child sex offender who entered the U.S. illegally. Munoz dragged an ICE agent 50 yards with his car while trying to evade arrest.
McLaughlin emphasized the daily risks ICE agents face, saying, “Every day the men and women of ICE put their lives on the line to protect and defend the lives of American citizens.” She also criticized Democrat politicians for their rhetoric, which she described as contributing to the surge in assaults. “Make no mistake, Democrat politicians like Hakeem Jeffries, Mayor Wu of Boston, Governor Tim Walz, and Mayor Bass of Los Angeles are contributing to the surge in assaults of our ICE officers through their repeated vilification and demonization of ICE,” McLaughlin added.
Boston Mayor Michelle Wu (D) and Minnesota Governor Tim Walz (D) have previously compared ICE to the Nazis, while House Minority Leader Hakeem Jeffries (D-NY) threatened to expose the identities of ICE agents. Jeffries recently stated, “Every single ICE agent who is engaged in this aggressive overreach and are trying to hide their identities from the American people will be unsuccessful in doing that … every single one of them, no matter what it takes, no matter how long it takes will of course be identified.” This would expose ICE personnel and their families to possible reprisals from far-left extremists and terrorist and organized crime groups, such as the cartels.
In addition to the surge in assaults, protests against ICE have escalated, with some turning into riots in cities such as Los Angeles, Seattle, and Portland. However, the Ninth Circuit Court of Appeals has ruled unanimously Thursday evening that President Donald J. Trump has the authority to federalize California’s National Guard to protect federal agents, including ICE personnel, and federal property.
Portland (June 17) – Federal police from the U.S. Customs and Border Protection (CBP) Special Response Team come out of a side door, surround protesters, and make several arrests during the nightly demonstration outside the ICE building. pic.twitter.com/m3rVj3wFeh
President Donald J. Trump scored a YUGE legal victory over California Governor Gavin Newsom in their battle over the National Guard.
The details: The Ninth Circuit Court of Appeals ruled unanimously yesterday that President Trump has the authority to federalize California’s National Guard, rejecting a lawsuit brought by Gov. Newsom.
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The panel, which included a Biden appointee, found the president has broad authority over the Guard under existing precedent.
Newsom’s claim that Trump acted unlawfully by not consulting him was dismissed—the court said the President is not legally required to do so.
Key quote: In their decision, the court wrote: “Newsom had no power to veto or countermand the President’s order.” Ouch…
Back up: Trump federalized the California National Guard earlier this month when anti-ICE riots broke out in Los Angeles.
Trump takes a victory lap: The President wrote on Truth Social:
“BIG WIN… The Judges obviously realized that Gavin Newscum is incompetent and ill prepared, but this is much bigger than Gavin, because all over the United States, if our Cities, and our people, need protection, we are the ones to give it to them…”
What happens next:Newsom can appeal to the Supreme Court. But for now, this is a devastating blow to his “resistance” movement.
President Donald J. Trump scored a YUGE legal victory over California Governor Gavin Newsom in their battle over the National Guard.
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