Political controversy erupts over Blue House Policy Director Kim Yong-beom's national dividend proposal as opposition parties criticize mixed use of 'excess profit' and 'excess revenue' terms, drawing comparisons to windfall tax debates while Democratic Party distances itself ahead of local elections
#YonhapInfomax #NationalDividend #ExcessProfit #WindfallTax #KimYongBeom #PoliticalControversy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=120771
Zisk #ČEZ podpořil konec #WindfallTax, skupina v prvním čtvrtletí vydělala 14,5 miliardy https://www.investicniweb.cz/aktuality/322348-cez-vysledky-1q2026 #energetika #elektřina

#Trump says he supports a suspension of the #gasTax.

Even with the suspension of the gas #tax, highway robbery by #oil companies will continue.

Oil companies still make more money than before Trump started the #Iran war as global oil prices remain high.

With the abatement of the gas tax, the government no longer makes the money it used to make, even though oil companies keep getting fatter.

The answer is to impose a #windfallTax on oil and use that to subsidize gas.

https://abcnews.com/Business/trump-supports-suspension-gas-tax-wallet/story?id=132842458

Trump says he supports a suspension of the gas tax. Here's what it would mean for your wallet

Gas prices have climbed about 50% since the start of the Iran war.

ABC News

Soaring energy profits reignite calls for a windfall tax across Europe.

European oil and gas companies that posted huge profits in the first quarter on soaring prices caused by the war in the Middle East face new calls from London to Paris to tax their outsized gains.

https://mediafaro.org/article/20260511-soaring-energy-profits-reignite-calls-for-a-windfall-tax-across-europe?mf_channel=mastodon&action=forward

#Energy #WindfallTax #OilIndustry #OilPrices #FuelPrices #Tax #Politics

Soaring energy profits reignite calls for a windfall tax across Europe.

European oil and gas companies that posted huge profits in the first quarter on soaring prices caused by the war in the Middle East face new calls from London to …

Euronews

Energy Giants Report Skyrocketing Profits Amidst Iran Conflict

Shell and BP report huge profits due to higher oil prices from the Iran conflict. Consumers face higher bills. Calls for more taxes on energy companies.

#EnergyProfits, #OilPrices, #IranConflict, #WindfallTax, #ConsumerCosts

https://newsletter.tf/energy-profits-iran-conflict-oil-prices-taxes/

Energy companies like Shell and BP have made billions more in profits compared to last year because of higher oil prices. This is much more than they made in 2025.

#EnergyProfits, #OilPrices, #IranConflict, #WindfallTax, #ConsumerCosts
https://newsletter.tf/energy-profits-iran-conflict-oil-prices-taxes/

Energy giants make billions as Iran conflict raises oil prices

Shell and BP report huge profits due to higher oil prices from the Iran conflict. Consumers face higher bills. Calls for more taxes on energy companies.

NewsletterTF

Phillip Lowe in a Frock

The RBA has raised the cash rate for the third time in a row. The board voted 8-1. The dissenting member cannot be identified. Someone had a conscience. We just can't send them a fruit basket. Urban Wronski channels Clarke and Dawe.

https://urbanwronski.com/2026/05/07/phillip-lowe-in-a-frock/

ASB joins other banks in pushing up interest rates

ASB increased its fixed home loan rates across 12-month to four-year terms by between six and 16 basis points.

RNZ

Gina Rinehart suddenly deciding taxes are terrible when they touch gas profits is peak billionaire logic. If windfall taxes are “unfair,” maybe the real issue is letting multinational fossil fuel giants pocket our natural wealth while everyone else cops the costs. Tax the windfall, fund public services, and stop pretending “energy security” means corporate security.

The AFR can bang the drum against a gas windfall tax all it likes, but it’s worth remembering its parent company has big shareholders who may benefit from mining and resource profits. That doesn’t prove the argument is wrong, but it does make the billionaire panic look a lot less convincing.

#GasTax #WindfallTax #BigBillionaires #FossilFuels #PublicServices #Australia #EnergyPolitics #TaxJustice #Auspol

https://www.afr.com/policy/economy/rinehart-s-riches-show-why-we-shouldn-t-slap-windfall-tax-on-gas-20260422-p5zpyx

Gina Rinehart, Hancock Prospecting iron ore win is a lesson on how to improve Australia’s trade economy

Nations can become wealthier and more secure by profitably supplying more of what the world wants most from them.

Australian Financial Review
$30m an hour: big oil reaping huge war windfall from consumers, analysis finds

Exclusive: Climate action blockers including Saudi Arabia, Russia and major fossil fuel firms set to make extra $234bn by end of 2026

The Guardian