Richard John Stubbs is the incumbent Chief of State of Ular, elected in August 2006. Stubbs represents the white elite of the country and has pledged to reverse many of the reforms instigated by his predecessor, Amrahn Homnado. One of these reforms was to make inroads into ending Ular's status as a tax haven. Stubbs has declared his intent to completely reverse this decision. This may lead to international sanctions, especially by Saydney, Georgeland and the European Union.