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20 Mar 17
G20 finance ministers have reined in their commitment to free trade as the US’s new anti-globalisation agenda interrupts the group’s decade-old tradition of resisting protectionism.
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16 Mar 17
The US Federal Reserve raised interest rates for just the third time since 2008 yesterday, as the American economy remains in robust health and inflation ticks towards the bank’s target.
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15 Mar 17
Latin America and the Caribbean should focus on boosting regional economic integration to drive growth, the World Bank has recommended.
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15 Mar 17
The OECD has congratulated Spain on its economic recovery just as the country is also buoyed by official figures showing inflation at a four-year high.
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15 Mar 17
Inflation in Nigeria fell for the first time since October 2015 last month, according to figures released yesterday by the country’s official statistics office.
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14 Mar 17
Poorer countries spent more on debt repayments in 2016 than at any time in the last decade, according to figures published by Jubilee Debt Campaign UK.
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10 Mar 17
Policymakers everywhere will face the forces that have helped fuel global inequality, discontent and events like Brexit, the International Monetary Fund chief has predicted.
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10 Mar 17
European Central Bank president Mario Draghi said the euro is “irrevocable” while outlining a “more optimistic” outlook for the currency bloc yesterday.
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7 Mar 17
Rising protectionism presents a risk to an expected uptick in global growth, the OECD has warned.
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7 Mar 17
Public private partnerships are an important option for developing countries seeking to address their infrastructure needs. It’s vital that project teams have the skills to rise to the challenge
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3 Mar 17
Eurozone inflation surpassed the bloc’s target rate for the first time since 2013 in February, according to preliminary data published yesterday by Eurostat.
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3 Mar 17
Financial speculation has led to an “unsustainable” global housing crisis, according to the United Nations’ special rapporteur on the right to housing.
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28 Feb 17
Achieving value for money in social services is the key to maintaining progress in human development in West Africa, the African Development Bank has said.
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28 Feb 17
Countries across Asia and the Pacific need to spend $1.7tn on infrastructure every year until 2030 to maintain momentum on economic growth and tackle climate change, the Asian Development Bank has...
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28 Feb 17
International lenders have arrived in Greece today to examine the implementation of public sector reforms needed before the latest tranche of cash can be released as part of the country’s...
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24 Feb 17
Mexico’s sugar tax has reduced consumption of sugary drinks for the second year in a row, knocking industry claims that the tax would lose its effect after the first year.
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24 Feb 17
Germany’s budget surplus has hit an almost two-decade high, at €24bn, bolstered by tax receipts from strong employment.
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23 Feb 17
Ratings agency Fitch has warned of the risk posed by China’s high local public debt issued through a back door route.
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23 Feb 17
New Zealand has recently started looking into the thorny issue of how to measure and improve productivity in the public sector
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23 Feb 17
India’s growth will slow by around 1% as a result of its sudden demonetisation experiment, the International Monetary Fund has said, although the impact will only be temporary.
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23 Feb 17
South Africa has created a new top income tax bracket of 45%, its finance minister Pravin Gordhan announced as he delivered the country’s 2017 budget.
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22 Feb 17
Government ministries in Singapore will have their spending caps permanently cut by 2%, it was announced in the country’s budget earlier this week.
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22 Feb 17
A $1.6bn hole in Ghana’s budget has put the country’s public finances at substantial risk and is weighing on its credit rating, ratings agency Fitch said yesterday.
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22 Feb 17
Global trade growth slowed for the fifth year in a row last year, posting the weakest performance since the financial crisis, the World Bank has said.
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21 Feb 17
Nigeria’s central bank has effectively devalued its currency for private individuals by allowing dollars to be bought at almost 20% above the normal rate for travel, some school fees, and medical...