Search Results for: Barack Obama
Barack Obama: Tax avoidance is a big global problem
April 7th, 2016
US President Barack Obama has warned that “tax avoidance is a big global problem” and urged Congress to take action to eliminate tax loopholes. “A lot of it is legal, but that’s exactly the problem,” he said. His comments ...
Brokers and Big Oil Fight Obama Rush to Make Rules by May Cutoff
March 8th, 2016
Rules imposed on or after May 17 have higher risk of repeal Mandates touch on investment advice and workplace safety The Obama administration is in a mad rush to draft regulations before the clock runs out and an obscure ...
Terrorism, Climate Rift, Putin-Obama and Merkel: The G-20 So Far
November 16th, 2015
World leaders’ meeting in Turkey overshadowed by Paris attacks Official agenda turns to economic growth, finance and jobs Group of 20 leaders gather on Monday for a second day of talks in Turkey, yet the world’s eyes remain on Paris. ...
A Greek Drama Draws In the Obama Administration, Again
February 20th, 2015
President Barack Obama and his team may be suffering from Greek financial-crisis déjà vu. In 2010, and again in 2012, Mr. Obama and top officials in his administration worried that Greece’s debt woes could fracture the eurozone, knock down an ...
Obama unveils U.S. immigration reform, setting up fight with Republicans
November 21st, 2014
President Barack Obama imposed the most sweeping immigration reform in a generation on Thursday, easing the threat of deportation for some 4.7 million undocumented immigrants and setting up a clash with Republicans who vow to fight his moves. In a White ...
Tax Reform Not Included In Obama, Congress Meeting
November 11th, 2014
While there had been some hope of immediate moves towards United States corporate tax reform after the mid-term election results, the first joint meeting on November 7 between President Barack Obama and Republican lawmakers, who will now control both ...
Obama announces US crackdown on inversion tax ‘loophole’
September 23rd, 2014
The White House has announced a crackdown on tax avoidance deals known as inversions. The practice involves a US firm merging with a firm in a country with a lower tax rate and has become popular over recent years. But ...
Asian shares wary before Obama speech, dollar soars vs yen
September 11th, 2014
Asian share market sentiment was cautious on Thursday after U.S. President Barack Obama vowed to fight Islamic State militants, while the dollar pushed to fresh six-year highs against the yen. Chinese inflation data pointing to an economy losing momentum ...
Obama Seeks To Clamp Down On Corporate Inversions, Retroactive Legislation Possible
July 16th, 2014
The Barack Obama administration on Tuesday called for immediate legislation to prevent U.S.-based companies from re-incorporating overseas for lower taxes, the Wall Street Journal reported Tuesday. Treasury Secretary Jacob Lew wrote a letter to Senate Financing Committee Chairman Ron ...
Obama aims to suggest cuts to Power-Plant Emissions
June 2nd, 2014
President Barack Obama will propose cutting greenhouse-gas emissions from the nation’s power plants by an average of 30 percent from 2005 levels, a key part of his plan to fight climate change that also carries political risks. The proposal ...
