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Abramovich—who, like many of the most prominent Russian oligarchs, is Jewish—has for years been a prolific donor to Jewish philanthropies. He has given half a billion dollars to Jewish charities over the past two decades, sending money linked to Putin’s kleptocratic regime circulating through Jewish institutions worldwide

Among other things, he has profoundly influenced Jewish life on three continents, developing deep financial ties with major communal institutions. He is partly responsible for the preeminent role played by Chabad in the religious life of post-Soviet Russia, for the growth of major Jewish museums from Russia to Israel, for a raft of anti-antisemitism programming involving leading American and British Jewish organizations, and for the expansion of Israeli settlements in East Jerusalem

the Jewish world is forced to reckon with its long embrace of Abramovich, and with the moral costs of accepting his money

Certain Soviet Jews of Abramovich’s generation found themselves at the forefront of an emerging market economy. Concentrated in white collar professions but systematically excluded from desirable posts and from the top ranks of the Communist Party, they were unusually prepared—and, perhaps, motivated—to find legal and semi-legal points of entry into the tightly-regulated commerce between the Soviet Union and the West. This helps explain why, as the historian Yuri Slezkine writes in The Jewish Century, six of the seven top oligarchs of 1990s Russia (Petr Aven, Boris Berezovsky, Mikhail Fridman, Vladimir Gusinsky, Mikhail Khodorkovsky, and Alexander Smolensky) were ethnic Jews.

Boris Yeltsin soon initiated the firesale privatization of state-controlled industries at the urging of Washington and the IMF—a reckless transition from a command economy to a capitalist one that drove millions of Russians into poverty

the Yeltsin administration implemented its infamous loans-for-shares program, selling off key state industries in rigged auctions to Russia’s new business elite for a fraction of their real value in order to stabilize the state’s finances in the short term. Berezovsky and Abramovich gained ownership stakes in Sibneft, one of the world’s largest energy companies, and became instant billionaires.

In 1996, the handful of leading oligarchs pooled their financial resources—and directed their media companies’ coverage—to reelect the deeply unpopular Yeltsin over his Communist challenger, Gennady Zyuganov, whose platform of re-nationalizing industries terrified both the Russian and Western business classes

Fearing that it was unsustainable for a small group of mostly Jewish billionaires to prop up an ailing, visibly alcoholic president—especially after the ruble collapsed in 1998, dragging down a generation’s living standards and initiating a hunt for scapegoats—Berezovsky spearheaded an effort the following year to replace Yeltsin with a young, healthy, disciplined, and then-obscure former KGB officer named Vladimir Putin. It was a decision he would come to regret.

wealth so easily acquired could just as easily be taken away. In 2001, Putin hounded Berezovsky and Gusinsky—whose TV networks had criticized the president’s mishandling of a naval disaster—with criminal indictments for tax fraud, forcing them to sell their media and energy holdings at a fraction of their true cost. As a result, Abramovich, who had never challenged Putin, acquired control of Sibneft, while Berezovsky fled to the United Kingdom and Gusinsky departed for Spain and then Israel. Abramovich again came out ahead in 2003, when the oligarch Khodorkovsky was sent to a Siberian prison on tax charges after criticizing Putin for corruption, leaving his assets in the energy sector to be redistributed among those on good terms with the president.

“I don’t think there is a percent of independence in Abramovich,” said Roman Borisovich, a Luxembourg-based Russian banker turned anti-corruption activist who once encountered Abramovich through Berezovsky in the 1990s. “For Abramovich to stay alive, he had to turn against his master [Berezovsky], which is what he did, and he has served Putin handsomely ever since.”

Whereas in the Yeltsin era, the term identified a system dominated by truly independent tycoons, “Putin’s top priority when he came to power was to break that system, replacing it with a system of concentrated power in which men who are inaccurately referred to as oligarchs now have only as much access to wealth as Putin allows them to have,”

Even as he built up his credibility with Putin, he joined many of his fellow oligarchs in stashing his billions in Western financial institutions, which proved eager to assist. “Elites in the post-Soviet space are constantly looking to move their assets and wealth into rule-of-law jurisdictions, which generally means Western countries like the US or UK,”

In 2008, Berezovsky sued his former protege over his confiscated Sibneft shares; then, in 2012, seven months after a judge rejected all of his claims, Berezovsky died in his London home in an apparent suicide. Some former associates believe he might have been murdered

In 2017, BuzzFeed reported that US spy agencies suspect Russian involvement in as many as 14 mysterious deaths in Britain over the previous decade, including Berezovsky’s. In the wake of the 2018 poisoning of the defected double agent Sergei Skripal and his daughter, British intelligence services became increasingly wary of wealthy expats with close ties to the Kremlin. Diplomatic strain stymied Abramovich’s effort to acquire a Tier 1 British visa, which would have enabled him to stay in the country for 40 months.

“No one forced the British or American real estate industries to toss their doors open to as much illicit wealth as they could find, or the state of Delaware to craft the world’s greatest anonymous shell company services,” said Michel. “Western policymakers crafted all of the policies that these oligarchs are now taking advantage of.”

Abramovich also safeguarded a significant part of his fortune in the US, especially during his third marriage to the Russian American socialite and fashion designer Dasha Zhukova. Even after their 2018 divorce, Abramovich began the process of converting three adjacent townhouses on Manhattan’s Upper East Side into what will eventually become the largest home in the city, an “urban castle” valued at $180 million—making him one of the many wealthy Russians sheltering assets in New York’s booming and conveniently opaque real estate sector. (The mansion is intended for Zhukova and their two young children; Abramovich also has five children from his second marriage based primarily in the UK.) He also owns at least two homes in Aspen, Colorado, a gathering place of the global elite.

the oligarchs are now credibly threatened with exile from the West. Countries like France and Germany have already begun confiscating yachts owned by select Russian officials. And although the UK is still struggling to come up with a legal basis for following suit, leading politicians like Labour Leader Keir Starmer are urging direct sanctions against Abramovich. “Abramovich’s reputation has finally collapsed, along with the other supposedly apolitical oligarchs,” Michel said four days after Russia invaded Ukraine. “There’s no recovery from this. This is a titanic shift in terms of how these oligarchs can operate.”

Israel has been more hesitant to hold him to account.

In 2018, Abramovich acquired Israeli citizenship through the law of return, immediately becoming the second-wealthiest Israeli, behind Miriam Adelson. As a new Israeli citizen, he joined several dozen Russian Jewish oligarchs who have sought citizenship or residency in the Jewish state—a group that includes Fridman, Gusinsky, and the late Berezovsky. Since 2015, Abramovich has owned and sometimes lived in the 19th-century Varsano hotel in Tel Aviv’s trendy Neve Tzedek neighborhood, and in 2020 he purchased a mansion in Herzliya for $65 million—the most expensive real estate deal in the country’s history

As an Israeli passport holder, Abramovich is eligible to visit the UK for six months at a time and is exempt from paying taxes in Israel on his overseas income for the first decade of his residency

Given his increasingly precarious geopolitical position, Jewishness has become Abramovich’s identity of last resort—and Jewish philanthropic giving has provided him with an air of legitimacy not only in Israel but throughout the Jewish world. Abramovich and his fellow oligarchs “need to spend some money to launder their reputations,” said Borisovich, the anti-corruption activist. “They cannot be seen as Putin’s agents of influence; they need to be seen as independent businessmen. So if they can exploit Jewish philanthropy or give money to Oxford or the Tate Gallery, that’s the cost of doing business.”

A 2017 article in Politico, which identified Abramovich and Leviev as “Chabad’s biggest patrons worldwide,” also referred to Lazar as “Putin’s rabbi.” Lazar has often run interference for the Russian president—for instance, by defending his initial crackdown on oligarchs like Gusinsky as not motivated by antisemitism, or by praising Russia as safe for Jews under his governance. (The researcher noted that Putin has also cultivated prominent loyalists in other Russian religious communities, including the Orthodox Church and Islam.)

Abramovich also significantly funded the construction of the $50 million Jewish Museum and Tolerance Center in Moscow, which opened in 2012 (and to which Putin pledged to donate a month of his presidential salary). In a 2016 article in The Forward, the scholar Olga Gershenson suggested that the museum’s narrative bordered on propaganda, framing Jews as “a model Russian minority” and “glorifying and mourning . . . without raising more controversial and relevant questions that would require the viewer to come to terms with a nation’s difficult past.”

“It concentrates on the Soviet victory over the Nazis, and then it ends by saying that Jews in Putin’s Russia are all good and content.”

“Say No to Antisemitism” has brought together Chelsea players and management with many top Jewish groups; the currents heads of the ADL, the WJC, the Conference of Presidents of Major American Jewish Organizations, and the Holocaust Educational Trust, among others, are all listed on its steering committee. The campaign is at least in part intended to address the antisemitism of some Chelsea fans, who have been known to shout “Yid!” and hiss in imitation of gas chambers when taunting fans of the rival club Tottenham, which has a historically Jewish fan base that proudly refers to itself as “the Yid Army.” Last November, Israeli President Isaac Herzog described the campaign as “a shining example of how sports can be a force for good and tolerance.”

Abramovich is also one of the primary benefactors of a Holocaust museum that opened in Porto last May. As of last year, Abramovich is a newly minted citizen of Portugal (and by extension, the European Union), which offers such recognition to anyone who can prove Sephardic ancestry dating back before the Portuguese expulsion of Jews in 1496.

Berel Rosenberg, a representative of the museum, denied that Abramovich had given the Porto Jewish community any money besides a €250 fee for Sephardic certification; regarding reports to the contrary, he alleged that “lies were published by antisemites and corrupt journalists.” However, Porto’s Jewish community does acknowledge that Abramovich has donated money to projects honoring the legacy of Portuguese Sephardic Jews in Hamburg, and he has been identified as an honorary member of Chabad Portugal and B’nai B’rith International Portugal due to his philanthropic activities in the country.

Abramovich has made a $30 million donation for a nanotechnology research center at Tel Aviv University; funded a football-focused “leadership training program” for Arab and Jewish children; and supported KKL-JNF’s tree-planting campaign in the southern Negev, which is dedicated to Lithuanian victims of the Holocaust—and which has drawn opposition from local Bedouin communities who view it as a land grab.

he has kept his support for Israeli settlements well-hidden

Abramovich has used front companies registered in the British Virgin Islands to donate more than $100 million to a right-wing Israeli organization called the Ir David Foundation, commonly known as Elad, which has worked since the 1980s to move Jewish settlers into occupied East Jerusalem. Elad also controls an archeological park and major tourist site called City of David, which it has leveraged in its efforts to “Judaize” the area, including by seizing Palestinian homes in the surrounding neighborhood of Silwan and digging under some to make them uninhabitable.

“In order for settlers to take over Palestinian homes, they need a lot of money,” said Hagit Ofran, co-director of the Settlement Watch project at the Israeli organization Peace Now, “both to take advantage of poor Palestinians for the actual purchases, and then for the long and expensive legal struggle that follows, and that can bankrupt Palestinian families. The money is crucial.” Of Abramovich’s support for Elad, she added, “That’s a lot from one source; I assume that if you give such a big donation, you know what it is for.”

Just two days before Putin launched his invasion of Ukraine, it was reported that Abramovich is donating tens of millions of dollars to Yad Vashem, the global Holocaust remembrance center in Jerusalem

Yad Vashem chairman Dani Dayan joined the heads of multiple Israeli charitable organizations in urging the US not to sanction Abramovich. The letter was also signed by Chief Rabbi of Israel David Lau and representatives of Sheba Medical Center, Tel Aviv University, and Elad

Oleg Deripaska and Mikhail Fridman, were already calling for peace negotiations just three days after the invasion. (Fridman and Deripaska are also major Jewish philanthropists, as are other Russian oligarchs including Petr Aven, Yuri Milner, and Viktor Vekselberg. All of them now face global scrutiny.)

Even before he announced he would be setting up a charity to help victims in Ukraine, members of Abramovich’s family were quick to distance themselves from the war: A contemporary art museum in Moscow co-founded by Abramovich and Zhukova has announced that it will halt all new exhibitions in protest of the war. Abramovich’s 27-year-old daughter Sofia, who lives in London, posted a message on her popular Instagram account that read, “The biggest and most successful lie of the Kremlin’s propaganda is that most Russians stand with Putin.”

Abramovich and others have spent more than two decades loyally serving and profiting off Putin’s corrupt and violent regime—one that has been accused of murdering and jailing journalists and political dissidents and of committing war crimes from Chechnya to Syria. And for much of that time, Jewish institutions worldwide have been more than happy to take money from Abramovich and his peers

longstanding philanthropic ties may affect the Jewish communal world’s willingness to hold Russia accountable for its violation of Ukraine’s sovereignty

“I think the view of much of Jewish philanthropic leadership, right and left, conservative and liberal, has been the bottom line: If the purposes for which the philanthropy is given are positive, humane, holy, and seen to strengthen both the Jewish community and the whole of society, then to sit and analyze whether the donor was exploitive or not, and whether this was kosher or not, would be hugely diverting, amazingly complicated, and divisive.”

Rabbi Jill Jacobs, executive director of T’ruah: The Rabbinic Call for Human Rights, acknowledged the difficulty of making ethical calls about donors, but argued that the attempt is still necessary. “In philanthropy, nearly all money is tainted, either because it was acquired by exploiting workers, by harming the environment, by selling harmful products, or by taking advantage of systems that benefit the wealthy to the detriment of others. That said, we can’t throw up our hands and say that we can either take no money or all money; there have to be red lines,” she said.

Berman, the scholar of Jewish philanthropy, agrees. “It is tempting to say all money is fungible, so where it came from does not or cannot matter,” she said. “But no matter how much we might want to launder the money, wash it clean of its past and its connections to systems of power, the very act of doing so is an erasure, an act of historical revisionism. Even worse, it can actually participate in bolstering harmful systems of power, often by deterring institutions reliant on that money from holding a person or system to account.”

It is likely that this time the Gulf States will demand the complete shuttering of the Al Jazeera TV Network before any mediation can take place. Additionally, the plug will have to be pulled on networks funded by Qatar such as Al Araby Al Jadeed (The New Arab), originally set up to compete with Al Jazeera and headed by former Arab Israeli politician Azmi Bishara.

will also demand the expulsion of all Muslim Brotherhood leaders and their Hamas affiliate figures from Qatar, along with Azmi Bishara and Islamist writer Yasser Al-Za'atra. Other demands will include the sacking of Al Arab newspaper editor Abdullah Al Athba

It seems though the initial pressure has already somewhat worked on Qatar. Last week Doha deported Saudi activist Mohammed Al-Otaibi who arrived in Qatar in March, while a number of Hamas officials have left Qatar at the country’s request.

Qatar imports over 90 percent of its food, and by one estimate about 40 percent of that comes from the its only land border, which is now closed. Within hours photos started circulating on social media of Qatari supermarket aisles that have been emptied by panicked shoppers. Furthermore Gulf media has hinted at an escalation of the dispute with Qatari commercial and trade ties being severed next.

a series of shared behavioral patterns. The personas identified by The Daily Beast were generally contributors to two linked sites, The Arab Eye and Persia Now; had Twitter accounts created in March or April 2020; presented themselves as political consultants and freelance journalists mostly based in European capitals; lied about their academic or professional credentials in phony LinkedIn accounts; used fake or stolen avatars manipulated to defeat reverse image searches; and linked to or amplified each others’ work. 

In February, two websites, The Arab Eye and Persia Now, were registered on the same day and began to acquire a host of contributors. 

both sites share the same Google Analytics account, are hosted at the same IP address, and are linked through a series of shared encryption certificates

Persia Now lists a non-existent London mailing address and an unanswered phone number on its contact form. The apparent editors of the outlets, Sharif O'Neill and Taimur Hall, have virtually no online footprints or records in journalism.

placed articles critical of Qatar and supportive of tougher sanctions on Iran in conservative North American outlets like Human Events and conservative writer Andy Ngo’s The Post Millennial, as well as Israeli and Middle Eastern newspapers like The Jerusalem Post and Al Arabiya, and Asian newspapers like the South China Morning Post.

constant editorial lines like arguing for more sanctions on Iran or using international leverage to weaken Iran’s proxy groups in Lebanon and Iraq. The personas are also big fans of the United Arab Emirates and have heaped praise on the Gulf nation for its “exemplary resilience” to the COVID-19 pandemic, its “strong diplomatic ties” to the European Union, and supposedly supporting gender equality through the Expo 2020 in Dubai.

criticizing Facebook for its decision to appoint Tawakkol Karman, a 2011 Nobel Peace Prize laureate, to its oversight board. Media outlets in Saudi Arabia, Egypt, and the United Arab Emirates have criicized the appointment of Karman, a former member of the Muslim Brotherhood affiliated Islah Party in Yemen, for her association with the group.

None of the Twitter accounts associated with the network ever passed more than a few dozen followers, but a few still managed to garner high profile endorsements for their work. An article by “Joyce Toledano” in Human Events about how Qatar is “destabilizing the Middle East” got a shout-out from Students for Trump co-founder Ryan Fournier’s nearly million-follower Twitter account and French senator Nathalie Goulet high-fived Lin Nguyen’s broadside about Facebook and Tawakkol Karman.

All of the stolen avatars were mirror image reversed and cropped from their originals, making them difficult to find through common Google reverse image searches

On her LinkedIn page, “Salma Mohamed” claimed to be a former reporter for the AP based in London, though no public record of an AP journalist matching Salma Mohamed’s description is available.

Another persona, Amani Shahan, described herself in bios for Global Villages and Persia Now as being a contributor to and “ghostwriting articles” for The Daily Beast. No one by that name has ever written for The Daily Beast and The Daily Beast does not employ ghostwriters. (Shahan also referred to herself with both male and female pronouns in different author bios.) 

Tehran has previously lodged a complaint against Iran International over its programming, but Ofcom ruled that the London-based television network had not broken any rules.

British newspaper The Guardian reported in Oct. 2018 that Iran International had financial ties to MbS. The Guardian charged that the TV network was "being funded through a secretive offshore entity and a company whose director is a Saudi Arabian businessman with close links to the Saudi crown prince." A month later, Iran International issued a statement denying any links to any governments, including Saudi Arabia, and insisted that it "does not advocate any movement or party or government." Some of Iran International's high-profile staff have stirred controversy for often expressing opinions on social media that may be in contravention of the outlet's editorial guidelines.

Iranian authorities have long taken issued with foreign-based Persian-language news networks, accusing them of being tasked with attacking the Islamic Republic. Salami's warning to the Saudi royal family comes as Tehran and Riyadh are working toward mending relations and re-establishing diplomatic ties. The IRGC commander's apparent criticism of Saudi media indicates that it will be brought up in the anticipated next round of talks between the two sides in Iraq.

His views are described by insiders as often reflecting those of the kingdom's top princes and as influential in Riyadh foreign policy circles.

Every time the due date of a long-only commodity index futures contract neared, bankers were required to "roll" their multi-billion dollar backlog of buy orders over into the next futures contract, two or three months down the line. And since the deflationary impact of shorting a position simply wasn't part of the GSCI, professional grain traders could make a killing by anticipating the market fluctuations these "rolls" would inevitably cause. "I make a living off the dumb money," commodity trader Emil van Essen told Businessweek last year. Commodity traders employed by the banks that had created the commodity index funds in the first place rode the tides of profit

dozens of speculative non-physical hedgers followed Goldman's lead and joined the commodities index game, including Barclays, Deutsche Bank, Pimco, JP Morgan Chase, AIG, Bear Stearns, and Lehman Brothers, to name but a few purveyors of commodity index funds. The scene had been set for food inflation that would eventually catch unawares some of the largest milling, processing, and retailing corporations in the United States, and send shockwaves throughout the world

when the global financial crisis sent investors running scared in early 2008, and as dollars, pounds, and euros evaded investor confidence, commodities -- including food -- seemed like the last, best place for hedge, pension, and sovereign wealth funds to park their cash. "You had people who had no clue what commodities were all about suddenly buying commodities," an analyst from the United States Department of Agriculture told me. In the first 55 days of 2008, speculators poured $55 billion into commodity markets, and by July, $318 billion was roiling the markets. Food inflation has remained steady since

The average American, who spends roughly 8 to 12 percent of her weekly paycheck on food, did not immediately feel the crunch of rising costs. But for the roughly 2-billion people across the world who spend more than 50 percent of their income on food, the effects have been staggering: 250 million people joined the ranks of the hungry in 2008, bringing the total of the world's "food insecure" to a peak of 1 billion -- a number never seen before.

a problem familiar to those versed in the history of tulips, dot-coms, and cheap real estate: a food bubble

The more the price of food commodities increases, the more money pours into the sector, and the higher prices rise

Not only does the world's food supply have to contend with constricted supply and increased demand for real grain, but investment bankers have engineered an artificial upward pull on the price of grain futures. The result: Imaginary wheat dominates the price of real wheat, as speculators (traditionally one-fifth of the market) now outnumber bona-fide hedgers four-to-one.

speculation has also created spikes in everything the farmer must buy to grow his grain -- from seed to fertilizer to diesel fuel

from 2005 to 2008, the worldwide price of food rose 80 percent -- and has kept rising

I asked a handful of wheat brokers what would happen if the U.S. government simply outlawed long-only trading in food commodities for investment banks. Their reaction: laughter. One phone call to a bona-fide hedger like Cargill or Archer Daniels Midland and one secret swap of assets, and a bank's stake in the futures market is indistinguishable from that of an international wheat buyer. What if the government outlawed all long-only derivative products, I asked? Once again, laughter. Problem solved with another phone call, this time to a trading office in London or Hong Kong; the new food derivative markets have reached supranational proportions, beyond the reach of sovereign law

nervous countries have responded instead with me-first policies, from export bans to grain hoarding to neo-mercantilist land grabs in Africa. And efforts by concerned activists or international agencies to curb grain speculation have gone nowhere. All the while, the index funds continue to prosper, the bankers pocket the profits, and the world's poor teeter on the brink of starvation

Some believe Assad may be getting technical support from his long-term allies in Tehran, who successfully crushed their own post-election protests that were in part organized over the Internet. China and Russia too are has amongst the world leaders in managing online political activism and dissent, with the latter at least also seen likely helping out in Syria.

Why London decided that the inspectors report was suddenly a necessary precondition to grant a green light to retaliation has less to do with any residual doubt at 10 Downing whether Assad ordered the attack, but rather a desire to lay at Russia and China's doorstep the irrefutable evidence of independent IAEA weapons inspectors that a chemical attack indeed occurred -- an attack the Kremlin insists never happened.

Washington has denied involvement with the group, which it has labelled as a "terrorist" organisation, and condemned the attack.

"Reports of alleged US involvement are completely false," he said.

Tehran has also suggested that Saudi Arabia and Britain have supported Jundallah

Other analysts have rejected the idea that the West supports Jundallah and other ethnic groups.

Ali Nouri Zada, the director of the Arab-Iranian Studies Centre in London, told Al Jazeera: "It's very easy to point at Saudi, to the British and Americans ... [but] it [Jundallah] is a local organisation,"

"It was expected because Jundallah have issued a statement saying they were going to carry out a suicide attack against those who align themselves with the Revolutionary Guards against their group."

The blast occurred ahead of a meeting between Revolutionary Guards commanders and tribal chiefs, part of efforts to foster Shia-Sunni unity in the region. About 10 senior tribal figures were among the dead.

The London-based Arabic newspaper Elaph meanwhile reported that Saudi ground forces were also moving towards the Yemeni border.

The Saudi government adviser said no decision had yet been taken to send troops across the border, but made it clear that Riyadh was no longer prepared to tolerate the Yemeni rebels, Reuters reported.

The Yemeni government accuses the rebels of wanting to re-establish Zaydi Shia clerical rule, and of receiving support from Iran.

The tribal moderns may endorse Islamism, or liberal democracy, but the fact of the matter remains constant. From the perspective of regimes, they are a dangerous bunch, simply because if they invoke tribal solidarities, they may be heeded by their fellow cousins, both imaginary and real.

No doubt, activists in Kuwait and other GCC countries will fall under the heavy weight of a pact designed above all to control, monitor and punish dissidents. The GCC itself may not move from cooperation to unification in the near future but it has certainly become yet another mechanism to silence peaceful and legitimate opposition across borders. Read More: http://www.al-monitor.com/pulse/originals/2015/03/saudi-gcc-security-dissident-activism-detention-opposition.html Madawi Al-Rasheed Columnist  Dr. Madawi Al-Rasheed is a columnist for Al-Monitor and a visiting professor at the Middle East Centre at the London School of Economics and Political Science. She has written extensively about the Arabian Peninsula, Arab migration, globalization, religious trans-nationalism and gender. On Twitter: @MadawiDr !function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+'://platform.twitter.com/widgets.js';fjs.parentNode.insertBefore(js,fjs);}}(document, 'script', 'twitter-wjs'); function target_popup(a){window.open("","formpopup","width=400,height=400,resizeable,scrollbars");a.target="formpopup"}

While British arms exports to the Gulf “help the UK to maintain the military-industrial capacity required as the basis for global power projection” in the neo-imperial era, Gulf petrodollars recycled through trade and investment deals also “play an important role in addressing the key macroeconomic challenges facing the British economy and in maintaining Britain’s status as a leading capitalist nation”.

Though Britain has of course long been surpassed by the US in terms of superpowerdom, it maintains an “active commitment to the continuation of US hegemony … with its own state and capitalist interests seen as best pursued within that overall framework”. Given that dominance of the Gulf is crucial to the maintenance of hegemony, Wearing argues, British dealings in the region “should be understood as complementing and reinforcing US efforts to entrench a conservative regional order oriented towards Western power”.