The Business Advisor

Saudi Crown Prince Tells Biden He Has Unrealistic Energy Policies


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Saudi crown prince says unrealistic energy policies will lead to higher inflation

For months Americans and business have been telling Biden that his energy prices is causing inflation to rise, from inflation to a full blown recession. Now the Saudi prince confirms it.


JEEDDAH, Saudi Arabia, July 16 (Reuters) - Saudi Arabia's Crown Prince Mohammed bin Salman said on Saturday more investment was needed in fossil fuel and clean energy technologies to meet global demand, and that unrealistic emission policies would lead to unprecedented levels of inflation.

Full Story: https://www.reuters.com/world/middle-east/saudi-crown-prince-says-unrealistic-energy-policies-will-lead-inflation-2022-07-16/


CAR REPOSSESSIONS ARE SURGING - a troubling sign for the used car market

Full Story: https://www.cbsnews.com/news/used-car-bubble-market-repossessions-are-surging/


OTHER BUSINESS NEWS PICKS: https://flipboard.com/@lodgeco/michael-lodge-the-business-advisor-vt0agg1bz

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The Business AdvisorBy Michael Lodge

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