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Business Matters: Biden talks tough on energy companies

Biden talks tough on energy companies

01/11/2022 GMT

BBC World Service - Business Matters, Biden talks tough on energy companies

US President Joe Biden threatens oil companies with windfall tax

US President Joe Biden has threatened oil and gas companies with windfall taxes if they fail to boost domestic production.

Oil and gas companies in the US may be penalised with windfall taxes if they do not use their record profits to lower costs for consumers, according to President Joe Biden.

Fears continue to grow about global food shortages as Russia is to pull out of a UN-brokered deal to allow grain shipments out of the Black Sea.

We examine environmental policies under outgoing Brazilian President Bolsonaro – and whether his successor will bring about change in the Amazon.

Elon Musk cements his control over Twitter as he dissolves the company's board of directors. But how will the platform look under his rule?

Also, we take a deeper look at the rights of guest workers in Qatar ahead of the start of the 2022 FIFA World Cup. (Picture: WASHINGTON, DC - OCTOBER 31: U.S. President Joe Biden arrives to deliver remarks on oil company profits in the Roosevelt Room of the White House. Credit: Getty Images.)

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