greed

Over a quarter of the world’s tax havens are British property. More than half of Britain’s colonial territories and dependencies are tax havens. Strip out Antarctica, the military bases and the scarcely-habited rocks and atolls, and of the 11 remaining properties, only the Falkland Islands is not a recognised haven. The obvious conclusion is that Britain retains these colonies for one purpose: to help banks, corporations and the ultra-rich to avoid tax.

Gains and losses 2007 - 2009 (US)

3 decades of the super-rich's gains (US)

The Congressional Budget Office confirms that the top 1% has tripled its income since 1979, while the upper middle class has increased its wealth much more modestly, and the rest of the country has seen only a small gain.

David Cameron's instinctive response to the Arab revolutions was to jump on a plane and tour the palaces of the region's dictators selling them the most hi-tech weapons of repression available. Nicolas Sarkozy's instinctive response to the Arab revolutions was to offer urgent aid to the Tunisian tyrant in crushing his people. Barack Obama's instinctive response to the Arab revolutions was to refuse to trim the billions in aid going to Hosni Mubarak and his murderous secret police, and for his Vice-President to declare: "I would not refer to him as a dictator."

Bill Richardson, the former US energy secretary who served as US ambassador to the UN, is probably right when he says: "There's another interest, and that's energy... Libya is among the 10 top oil producers in the world. You can almost say that the gas prices in the US going up have probably happened because of a stoppage of Libyan oil production... So this is not an insignificant country, and I think our involvement is justified."