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#multinationalcorporations — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #multinationalcorporations, aggregated by home.social.

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  1. Private firms profit as Australia's job system fails workers, report finds
    By Gareth Hutchens

    A new report argues Australia's employment services system is failing jobseekers, while filling the pockets private equity and millionaires.

    abc.net.au/news/2026-07-21/pri

    #EmploymentServices #Tax #MultinationalCorporations #PoliticalDonations #GarethHutchens

  2. Private firms profit as Australia's job system fails workers, report finds
    By Gareth Hutchens

    A new report argues Australia's employment services system is failing jobseekers, while filling the pockets private equity and millionaires.

    abc.net.au/news/2026-07-21/pri

    #EmploymentServices #Tax #MultinationalCorporations #PoliticalDonations #GarethHutchens

  3. The #US #empire, or #hegemony, has long been in decline, or rather undergoing a metamorphosis. What is arising is an empire of stateless #MultinationalCorporations, many of whom rose to prominence on the back of the US #economy but few of whom are now confined to its shores. They can still be reined in, but it will require the cooperation of all the world's large economies, especially the #EU and #China.

    nytimes.com/2026/05/03/opinion

  4. The #US #empire, or #hegemony, has long been in decline, or rather undergoing a metamorphosis. What is arising is an empire of stateless #MultinationalCorporations, many of whom rose to prominence on the back of the US #economy but few of whom are now confined to its shores. They can still be reined in, but it will require the cooperation of all the world's large economies, especially the #EU and #China.

    nytimes.com/2026/05/03/opinion

  5. They're gettιng rιd of theιr "expensιve" American #labor force. 🤷🏿‍♀️We keep asking for rιdιculous thιngs...like a lιvιng wage and to NOT be treated like shιt by employers. They don't lιke that.🤷🏿‍♀️
    #oracle #bigbusiness #multinationalcorporations #jobs #unemployment

  6. They're gettιng rιd of theιr "expensιve" American #labor force. 🤷🏿‍♀️We keep asking for rιdιculous thιngs...like a lιvιng wage and to NOT be treated like shιt by employers. They don't lιke that.🤷🏿‍♀️
    #oracle #bigbusiness #multinationalcorporations #jobs #unemployment

  7. #usa #egypt #uae #israel #palestine : #naturalressources / #gas / #multinationalcorporations

    „Israel, the US, and UAE are in talks to seize #Gaza's natural gas

    (…) #Chevron and its partners have approved plans to greatly expand natural gas production at Israel's #Leviathanfield in the eastern Mediterranean, in an effort to supply Egypt and Europe with more than $35 billion worth of natural gas, Reuters reported on 16 January.“

    thecradle.co/articles-id/35458

  8. Remembering the days when stopping #ClimateChange by making personal choices seemed a realistic pathway.

    All the time ignoring the #MultinationalCorporations, the elites and the governments charging ahead with #FossilFuels.

    Hopelessly naive. And not even innocent times what with USA doing mass killings and war crimes in #Iraq with the #Australian government supporting and participating.

  9. Remembering the days when stopping #ClimateChange by making personal choices seemed a realistic pathway.

    All the time ignoring the #MultinationalCorporations, the elites and the governments charging ahead with #FossilFuels.

    Hopelessly naive. And not even innocent times what with USA doing mass killings and war crimes in #Iraq with the #Australian government supporting and participating.

  10. Here’s How Rich All the #BigOil Executives Are

    by Andrew Lisa
    Mon, Apr 3, 2023

    "Companies such as #ExxonMobil, #Chevron, #Shell, #BP, #Eni and #TotalEnergies are among the biggest [#MultinationalCorporations] on Earth, and the people who run them are paid handsomely for the revenues their leadership helps to generate.

    "So, just how rich are the CEOs of the world’s biggest energy companies? Here’s a look at the enviable salaries of the Big Oil chief executives..."

    Read more:
    finance.yahoo.com/news/rich-bi

    #TaxTheRich #BigOilAndGas #MakePollutersPay #CutCEOsSalary #ObsceneProfits #ClimateCrisis #CorporatePolluters #CleanUpMotherEarth #BigOil

  11. Here’s How Rich All the #BigOil Executives Are

    by Andrew Lisa
    Mon, Apr 3, 2023

    "Companies such as #ExxonMobil, #Chevron, #Shell, #BP, #Eni and #TotalEnergies are among the biggest [#MultinationalCorporations] on Earth, and the people who run them are paid handsomely for the revenues their leadership helps to generate.

    "So, just how rich are the CEOs of the world’s biggest energy companies? Here’s a look at the enviable salaries of the Big Oil chief executives..."

    Read more:
    finance.yahoo.com/news/rich-bi

    #TaxTheRich #BigOilAndGas #MakePollutersPay #CutCEOsSalary #ObsceneProfits #ClimateCrisis #CorporatePolluters #CleanUpMotherEarth #BigOil

  12. Australia's toll road economy is unsustainable. Earlier this year, ex-#ACCC chairman Allan Fels and transport expert David Cousins released a report claiming Transurban is exploiting #Sydney motorists, urging the #NSW government to take over toll roads. Transurban controls 11 of NSW’s 13 toll roads, each with different contracts and price hikes. The report says NSW motorists will pay over $123 billion in tolls over 37 years, with Transurban’s #WestConnex motorway accounting for more than half. #highwayrobbery ##privitisation #greed #MultinationalCorporations #mostTolledCityOnEarth

    macrobusiness.com.au/2024/07/a

  13. Australia's toll road economy is unsustainable. Earlier this year, ex-#ACCC chairman Allan Fels and transport expert David Cousins released a report claiming Transurban is exploiting #Sydney motorists, urging the #NSW government to take over toll roads. Transurban controls 11 of NSW’s 13 toll roads, each with different contracts and price hikes. The report says NSW motorists will pay over $123 billion in tolls over 37 years, with Transurban’s #WestConnex motorway accounting for more than half. #highwayrobbery ##privitisation #greed #MultinationalCorporations #mostTolledCityOnEarth

    macrobusiness.com.au/2024/07/a

  14. The global #food system is increasingly controlled by fewer companies, harming our #health, communities, and the #planet. Over 800 million people worldwide go hungry every day, and more than 2 billion have limited access to food. Yet, our current food system produces enough to feed everyone on #Earth.
    #greed #MultinationalCorporations #multinationals #capitalism

    theconversation.com/the-global

  15. The global #food system is increasingly controlled by fewer companies, harming our #health, communities, and the #planet. Over 800 million people worldwide go hungry every day, and more than 2 billion have limited access to food. Yet, our current food system produces enough to feed everyone on #Earth.
    #greed #MultinationalCorporations #multinationals #capitalism

    theconversation.com/the-global

  16. Mega corporations control most Australian toll roads, causing ever-increasing costs for motorists. In #Sydney alone, drivers pay $2.5 billion annually in tolls. A recent review in #NSW has now recommended overhauling the toll road system. #mostTolledCityOnEarth #privitisation #tolls #MultinationalCorporations #greed #slavery

    youtube.com/watch?v=-jOjqt9a8M

  17. Mega corporations control most Australian toll roads, causing ever-increasing costs for motorists. In #Sydney alone, drivers pay $2.5 billion annually in tolls. A recent review in #NSW has now recommended overhauling the toll road system. #mostTolledCityOnEarth #privitisation #tolls #MultinationalCorporations #greed #slavery

    youtube.com/watch?v=-jOjqt9a8M

  18. According to a report, five of the world's largest #banks are accused of " #greenwashing " their involvement in the destruction of the #Amazon. The report highlights that their environmental and social guidelines do not cover more than 70% of the #rainforest. These banks are alleged to have financed #oil and #gas companies with billions of dollars, supporting projects that harm the Amazon, destabilise the climate, and threaten the land and livelihoods of Indigenous peoples.
    #climatechange #deforestation #MultinationalCorporations #globalwarming #greed

    theguardian.com/environment/ar

  19. According to a report, five of the world's largest #banks are accused of " #greenwashing " their involvement in the destruction of the #Amazon. The report highlights that their environmental and social guidelines do not cover more than 70% of the #rainforest. These banks are alleged to have financed #oil and #gas companies with billions of dollars, supporting projects that harm the Amazon, destabilise the climate, and threaten the land and livelihoods of Indigenous peoples.
    #climatechange #deforestation #MultinationalCorporations #globalwarming #greed

    theguardian.com/environment/ar

  20. Almost three years after 140 countries struck a deal to close glaring loopholes in the international system, some major economies will from January start to apply an effective #tax rate of at least 15 per cent on #corporate #profits. Under a series of interlocking rules, if profit by a #multinational is taxed below this rate in one country, other countries will be able to charge a top-up levy. The OECD, which drove the reforms, estimates it will increase annual tax revenue by as much as 9 per cent, or $220bn worldwide. #MultinationalCorporations

    ft.com/content/191d8388-c5c0-4

  21. Almost three years after 140 countries struck a deal to close glaring loopholes in the international system, some major economies will from January start to apply an effective #tax rate of at least 15 per cent on #corporate #profits. Under a series of interlocking rules, if profit by a #multinational is taxed below this rate in one country, other countries will be able to charge a top-up levy. The OECD, which drove the reforms, estimates it will increase annual tax revenue by as much as 9 per cent, or $220bn worldwide. #MultinationalCorporations

    ft.com/content/191d8388-c5c0-4

  22. The #EU Tax Observatory has published their "Global Tax Evasion Report 2024". It is available for download here -
    taxobservatory.eu/

    One highlight (lowlight) of their report is this - "Finding #2: A large amount of profit shifting to tax havens, with no discernable effect of policies so far - A persistently large amount of profits is shifted to tax havens: $1 trillion in 2022. This is the equivalent of 35% of all the profits booked by multinational companies outside of their headquarter country. The corporate tax revenue losses caused by this shifting are significant, the equivalent of nearly 10% of corporate tax revenues collected globally. U.S. multinationals are responsible for about 40% of global profit shifting, and Continental European countries appear to be the most affected by this evasion."

    The attached graph also says a lot - in 1985 the average corporate tay rate in the EU was 50%. In 2020, it was 21%! For another thing, there is *no* difference between the corporate tax rate in the #US and in the #EU. Both 21%.

    #Capitalism #Kapitalismus #Tax #Taxation #Taxes #TaxAvoidance #TaxHavens #Corporations #Multinationals #MultinationalCorporations

  23. #Switzerland is sure leading the charge (😆) in #CleanEnergy, but there’s another lesson that we should take from this article:

    “A second referendum to introduce a GLOBAL MINIMUM TAX of 15% for #MultinationalCorporations won overwhelmingly with more than 78% of the vote.”

    #US could learn something. #EU should push the #tax

    Switzerland passes net-zero climate law as glaciers melt - UPI.com

    upi.com/Top_News/World-News/20

  24. #Switzerland is sure leading the charge (😆) in #CleanEnergy, but there’s another lesson that we should take from this article:

    “A second referendum to introduce a GLOBAL MINIMUM TAX of 15% for #MultinationalCorporations won overwhelmingly with more than 78% of the vote.”

    #US could learn something. #EU should push the #tax

    Switzerland passes net-zero climate law as glaciers melt - UPI.com

    upi.com/Top_News/World-News/20

  25. You may have heard that many #multinationalcorporations' management(s) refer to the UK as 'Treasure Island'...

    why might that be? you ask:

    As the #energy market is currently demonstrating, the Govt. has no interest in curbing 'super-profits' & indeed is happy to facilitate that by containing wage growth across the economy (not least by clamping down on #unions)....

    Its all justified by the priority given to rentier element(s) in our dysfunctional #capitalism!