propose

Overseas voters moving to the UK would be prevented from giving more than £100,000 in political donations for a year after their arrival, under new proposals.

Ministers announced the planned restriction alongside tougher checks on company donations, which they believe will help stop foreign money from influencing UK elections.

The government previously announced a £100,000 annual cap on donations from British citizens living overseas backdated to 25 March.

They now want an individual to be based in the UK for a minimum amount of time before their donations can exceed this limit. The change could hit two of Reform UK’s biggest backers, who have previously donated millions to Nigel Farage’s party.

British billionaire Christopher Harborne, a Thailand-based businessman, last year gave a single donation of £9m to Reform – the biggest single donation to a UK political party by a living person.

The cryptocurrency investor and aviation entrepreneur gave £12m in total to Reform in 2025 and a further £3m in January.

The Times last month reported Harborne has registered to vote in the UK, external, and in April he said the government’s planned crackdown on political finance would not stop him from giving money to the party.

Electoral Commission figures also show that Ben Delo, another crypto billionaire, donated £4m to Reform between January and March.

Delo, writing in The Telegraph in April,, external said he will move back to Britain from Hong Kong so he can contribute more to Reform.

Under the government’s planned changes, both Harborne and Delo would be among those donors still covered for a year by the £100,000 cap once they return.

Ministers said other changes will include political donations from companies being assessed against post-tax profits over the previous five years rather than revenue alone.

The government’s aim is to ensure only legitimate UK-linked businesses will be able to donate.

People running for election will also be required to prove that any funding they received before becoming a candidate has come from legitimate sources.

They will have to declare donations above £2,230 received prior to officially becoming a candidate.

The government said the proposals will be introduced as amendments to the Representation of the People Bill, which is currently scheduled to return to the House of Commons for further consideration on 14 July.

Communities Secretary Steve Reed said: “British democracy is not for sale.

“These tough new rules will shut down dodgy funding, stop foreign money influencing our elections and keep our democracy strong.

“By holding overseas donors to tougher standards and requiring candidates to prove where their funding comes from, we are taking world-leading action to protect the integrity of our elections and tackle the threats we face from abroad.”

The changes are part of the government’s response to a review of political funding, external led by former senior civil servant Philip Rycroft.

The review was commissioned last year in response to threats posed by foreign states attempting to meddle in British democracy.

In March, the government announced that donations in cryptocurrency to UK political parties would be banned alongside the move to cap donations of British citizens living abroad at £100,000 annually.

Reform was critical of the changes, with the party’s home affairs spokesman Zia Yusuf accusing Labour of “choking off legal funding for its main rival”.

June 14 (Asia Today) — South Korean Defense Minister Ahn Gyu-back said Sunday that Seoul and Washington plan to recommend a target year for transferring wartime operational control of South Korean forces by the end of this year.

Ahn said during an appearance on KBS television that the allies would discuss verification of their full operational capability assessment at their annual Security Consultative Meeting in November.

“If we complete the full operational capability verification and make a recommendation to the presidents of both countries at the end of this year, we will be able to determine the target year for restoring wartime operational control,” Ahn said.

The United States has retained wartime operational control of South Korean forces since the 1950-53 Korean War. South Korea exercises control over its military during peacetime.

The allies have agreed that the transfer should be based on three conditions: South Korea’s military capabilities to lead the combined defense, the alliance’s ability to respond comprehensively to North Korean nuclear and missile threats and a regional security environment conducive to a stable transfer.

The first condition includes three stages of evaluating a future South Korea-led Combined Forces Command: initial operational capability, full operational capability and full mission capability.

Ahn said the full operational capability assessment has been completed. Verification expected by the end of the year would allow the allies to begin specifying a timetable for the transfer.

Responding to concerns that the transfer may be premature, Ahn said waiting for every condition to be perfectly satisfied could postpone the process indefinitely.

“New weapons emerge from one day to the next and the nature of the battlefield continues to change,” Ahn said. “If we keep treating the conditions this way, we could wait forever.”

Although warfare is shifting toward drones and other advanced systems, South Korea has sufficient capabilities to lead combined operations, he said.

Asked whether a future combined command led by a South Korean four-star general could impede coordinated operations or the deployment of U.S. strategic assets, Ahn said the issue had not been discussed.

Ahn acknowledged that Seoul and Washington may have different views on the timing of the transfer.

“Even children raised by the same parents can think differently,” he said. “How could two countries have identical views?”

Ahn also discussed the Jangbogo-N project, South Korea’s plan to acquire nuclear-powered submarines, describing it as part of the country’s transition from a tactical state to a strategic state.

“A tactical state operates within a framework designed by major powers,” he said. “A strategic state creates the framework and takes the lead in planning and designing its response during a war or another crisis.”

South Korea is preparing to build the first nuclear-powered submarine in the mid-2030s, Ahn said.

He said the country possesses the necessary conventional submarine construction capabilities, advanced nuclear technology and world-class shipyards but lacks access to nuclear fuel suitable for naval propulsion.

South Korea plans to seek U.S. cooperation in obtaining uranium enriched to less than 20%, he said.

Ahn said Seoul and Washington had not yet agreed on where the submarines would be built.

“Building nuclear-powered submarines in another country would be less efficient in terms of costs and technology,” he said. “The United States is also coming to understand that position.”

Ahn dismissed concerns in some U.S. circles that the project could contribute to nuclear proliferation.

“Low-enriched uranium below 20% cannot be converted easily for use in a nuclear weapon,” he said. “South Korea has been a model member of the Nuclear Non-Proliferation Treaty.”

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260614010004655

SACRAMENTO — Gov. Gavin Newsom will propose a new $100-million fund to help wildfire victims afford loans to rebuild their homes under a revised budget plan set to be released Thursday.

The Newsom administration estimates that thousands of victims of the Los Angeles wildfires cannot afford to rebuild, blaming a lack of access to affordable loans and a gap between insurance payouts and the cost to build again.

“We have been on the ground in L.A. since Day One of recovery from these fires, and we aren’t turning our backs now,” Newsom said in a statement. “This community deserves continued support to help them get back on their feet, and rebuild their homes and their lives. “

The new fund would be designed to cover loan-loss guarantee to lenders, in which the state would commit to paying back a percentage of a loan amount if a borrower defaults, in order to lower the risk for lenders and encourage them to award construction loans to borrowers who might not otherwise qualify or only be eligible for loans at high interest rates. The money would also be available for homeowners to buy down their interest rates during the construction period, according to Newsom’s office.

The Eaton and Palisades fires killed 31 people and destroyed over 16,000 structures in January 2025.

A recent survey of the wildfire victims found that homeowners estimate they need more than $600,000 on average above their insurance payouts to rebuild their homes, according to a report from a wildfire recovery nonprofit called the Department of Angels. The gap in Altadena was about $550,000, and between $1.19 million and $1.73 million in Pacific Palisades and Malibu.

Under Newsom, California has also provided mortgage relief to more than a thousand wildfire survivors under CalAssist, a program that provides grants to eligible homeowners to cover mortgage payments for 12 months up to $100,000.

The governor’s new proposal will be included in his funding plan for the upcoming 2026-27 budget year that begins July 1.

State revenue from income tax collection is higher than initially forecast, a boon that is expected to wipe out a projected deficit in the year ahead. Analysts attribute the revenue increase to an artificial intelligence boom in the stock market.

Though likely temporary, the extra funding is expected to give Newsom enough cushion to balance the state budget without major cuts and lower a projected shortfall in 2027-28.

The proposal to create the rebuilding fund requires support from both houses of the California Legislature and would move forward as a trailer bill accompanying the state budget. The funding would be available to disaster survivors, though details on eligibility will be determined during the legislative process.