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5 Jan 24
Accelerating “bold” investments will improve progress on the Sustainable Development Goals and climate targets, and will help boost the world economy’s stagnant growth, the United Nations has said.
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15 Dec 23
Surging interest rates pushed the cost of servicing many of the poorest countries’ debts last year to a record $443.5bn, World Bank figures have shown.
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1 Dec 23
Hundreds of economists and climate experts have asked rich countries to cancel debt for lower income countries, which are often bearing the brunt of the climate crisis while being starved of the...
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17 Nov 23
The UN is set for a showdown over tax evasion, led by African nations.
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20 Oct 23
We publish an edited excerpt from The Paradox of Debt – a New Path to Prosperity Without Crisis by Richard Vague.
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13 Oct 23
“Understandable” frustration from the Global South because of an unfair economic system is risking progress towards a better world, the head of the World Bank has said.
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10 Oct 23
Persistent inflation and the impacts of high interest rates are set to slow growth next year as the global economy continues “limping”, the International Monetary Fund has said.
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19 Sep 23
High interest rates are necessary in advanced economies until inflation is under control, the OECD has said.
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15 Sep 23
An economic slowdown in China and the impact of higher interest rates in Europe and the US will slow global growth next year, Fitch Ratings has said.
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12 Sep 23
Next year’s budget will see Sweden increase its military spending by more than a quarter as the government responds to its “serious security situation” in the wake of Russia’s aggression in Ukraine...
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8 Sep 23
Plans to bring new countries into the BRICS economic bloc might not have many economic benefits in the near future, an analyst has warned.
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25 Aug 23
Governments shielding households and businesses from the spike in energy prices caused by Russia’s invasion of Ukraine meant environmentally harmful fossil fuels were subsidised at their highest ever...
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22 Aug 23
High debt costs “trap” many countries in the Global South in a cycle of fossil fuel production as they try to generate enough revenue to service their borrowing, representing a barrier to phasing out...
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18 Aug 23
Recent global developments will have a “lasting impact” on growth in major economies, with potential GDP growth not catching up with its pre-pandemic trend any time soon, experts have warned.
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15 Aug 23
The United Nations wants to lead international tax policy, amid concerns from developing countries that the OECD processes are not reflecting their needs.
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8 Aug 23
Dozens of countries will see their credit ratings cut unless the world cuts greenhouse gas emissions and slows climate change, research has suggested.
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4 Aug 23
Repeated last-minute fixes to the US debt limit have hit confidence in the country’s government to such an extent that Fitch downgraded its rating, also warning of growing debt and rising deficits.
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1 Aug 23
Governments will lose nearly $5trn to tax havens in the next decade if the international system remains unchanged, campaigners have warned while hailing the prospect of tax “revolution” through the...
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27 Jul 23
Invasion of Ukraine isn’t holding back growth but inflation remains stubborn
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14 Jul 23
New technical work has brought a long-awaited solution for taxing giant digital companies forward, the OECD has said, but progress has been far slower than first hoped – and trade tensions are on the...
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30 Jun 23
A short-term $3bn financing deal is hoped to give Pakistan enough liquidity to see out its current challenges, but the country faces a warning that it needs policy discipline in the coming months.
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29 Jun 23
Governors of major central banks have said there is more “ground to cover” on interest rates, despite concerns over economic slowdowns.
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23 Jun 23
Zambia’s bilateral creditors have agreed a deal to restructure billions of dollars worth of loans through the G20’s much-criticised ‘common framework’.
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19 Jun 23
Governments across the world will fail to fund the transition to net zero without reversing trillions of dollars of agriculture, fishing and fossil fuels subsidies, economists at the World Bank have...
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16 Jun 23
The US Federal Reserve and European Central Bank have announced their new rates
5 Jan 24Accelerating “bold” investments will improve progress on the Sustainable Development Goals and climate targets, and will help boost the world economy’s stagnant growth, the United Nations has said.
15 Dec 23Surging interest rates pushed the cost of servicing many of the poorest countries’ debts last year to a record $443.5bn, World Bank figures have shown.
1 Dec 23Hundreds of economists and climate experts have asked rich countries to cancel debt for lower income countries, which are often bearing the brunt of the climate crisis while being starved of the...
17 Nov 23The UN is set for a showdown over tax evasion, led by African nations.
20 Oct 23We publish an edited excerpt from The Paradox of Debt – a New Path to Prosperity Without Crisis by Richard Vague.
13 Oct 23“Understandable” frustration from the Global South because of an unfair economic system is risking progress towards a better world, the head of the World Bank has said.
19 Sep 23High interest rates are necessary in advanced economies until inflation is under control, the OECD has said.
12 Sep 23Next year’s budget will see Sweden increase its military spending by more than a quarter as the government responds to its “serious security situation” in the wake of Russia’s aggression in Ukraine...
25 Aug 23Governments shielding households and businesses from the spike in energy prices caused by Russia’s invasion of Ukraine meant environmentally harmful fossil fuels were subsidised at their highest ever...
22 Aug 23High debt costs “trap” many countries in the Global South in a cycle of fossil fuel production as they try to generate enough revenue to service their borrowing, representing a barrier to phasing out...
4 Aug 23Repeated last-minute fixes to the US debt limit have hit confidence in the country’s government to such an extent that Fitch downgraded its rating, also warning of growing debt and rising deficits.
30 Jun 23A short-term $3bn financing deal is hoped to give Pakistan enough liquidity to see out its current challenges, but the country faces a warning that it needs policy discipline in the coming months.
23 Jun 23Zambia’s bilateral creditors have agreed a deal to restructure billions of dollars worth of loans through the G20’s much-criticised ‘common framework’.
