Por: CNN Business November 01, 2022
New York CNN Business — Economist Larry Summers is pushing back after President Joe Biden floated the possibility of punishing the oil industry for high prices “I’m not sure [I] understand the argument for a windfall profits tax on energy companies,” Summers “If you reduce profitability, you will discourage investment which is the opposite of our objective.” Summers, an eminent Democratic economist and top adviser to Presidents... + full article
CNN USA Business November 02, 2022
New York CNN Business — Former US Treasury Secretary Larry Summers said on Tuesday that the growing chorus of and urging the Federal Reserve to pause its aggressive rate hikes in order to fight inflation are misguided. Those critics say that the Fed could throw the economy... + más
Fed should be wary of ‘dovish pivot,’ Larry Summers warns | New York Post
Larry Summers blasts UK tax cuts as 'utterly irresponsible' and warns of possible contagion | CNBC
Fox Business USA Business November 02, 2022
Gov. Kevin Stitt, R-Okla., reacts to the president attacking oil companies for making too much money, telling 'Cavuto: Coast to Coast' that Washington should look to Oklahoma for common sense energy solutions. Former Treasury Secretary Larry Summers on Tuesday... + más
BP's profit more than doubles as calls for windfall taxes grow louder | CNN
How windfall tax on energy producers could backfire on Biden | Newsweek
CNN USA Business November 01, 2022
London CNN Business — BP’s profit more than doubled in the third quarter of the year, extending a of earnings for the world’s biggest that will add to growing calls in Britain and the United States for on windfall profits. The posted underlying profit of $8.15 billion... + más
If Europe and the U.S. want to win the war in Ukraine, they must enlist their economies in the fight | MarketWatch
Ukraine resurfaces Putin body double claim, asks if Russian leader exists | Newsweek
Newsweek USA Nation November 01, 2022
President Joe Biden on Monday said energy corporations can either increase oil refining and producing capacities or face paying a tax on their excess profits—but experts warned such a tax could backfire.Biden railed against energy producers who have pocketed outrageous record... + más
3 ways to get a bigger tax refund | CBS News
Politico USA Politics November 01, 2022
President Joe Biden accused oil companies of “war profiteering” Monday after they posted record profits — and urged Congress to impose a windfall tax on the industry if it fails to lower consumers’ costs. Biden’s comments were his sharpest yet against the industry that... + más
Biden paints oil firms as war profiteers, talks windfall tax | Portland Press Herald
Biden Paints Oil Firms as War Profiteers, Talks Windfall Tax | NBC 6 South Florida
CNBC USA Business September 27, 2022
Larry SummersCameron Costa CNBCLONDON — Former U.S. Treasury Secretary Larry Summers on Tuesday warned that the U.K. has lost sovereign credibility after the new government's fiscal policy sent markets into a tailspin.The hit an all-time low against in the early... + más
Larry Summers slams UK tax cuts as 'utterly irresponsible,' warns of global crisis | Fox Business
Fox Business USA Business September 27, 2022
Prosper Trading Academy CEO Scott Bauer and Cow Guy Group founder Scott Shellady analyze the market selloff as the Dow enters bear market territory on 'The Claman Countdown.' Former U.S. Treasury Secretary Larry Summers issued a grim warning after the British pound... + más
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