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31 May 16
Rising inequality around the world could be connected to too-slow productivity growth, which has been a cause of concern for economists globally since before the financial crisis, the OECD has said.
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31 May 16
Mexico has secured an increased line of credit from the International Monetary Fund, worth around $20bn more than the previous arrangement.
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31 May 16
Japanese prime minister Shinzo Abe is set to announce a delay in a planned sales tax increase until October 2019 amid concerns that the hike could hit growth.
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31 May 16
A treaty to end the double taxation of income in the UK and Algeria is to come into effect next year as part of efforts to increase trade between the two countries, a British Treasury minister has...
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27 May 16
The International Monetary Fund is to monitor and support the Somali government as it works to implement an economic reform programme – a significant milestone for the African country as it rebuilds...
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27 May 16
The OECD has attempted to find answers to the so-called ‘productivity puzzle’ in a report that suggests the problem could be structural rather than cyclical.
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27 May 16
G7 leaders have said pursuing strong global growth will be their “urgent priority” following a two-day summit that wrapped up today.
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26 May 16
The Chinese finance ministry is to issue the first ever sovereign renminbi bond outside of China on the London stock market.
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26 May 16
Early implementers of carbon pricing schemes raised $26bn in 2015, up 60% from the year before, the World Bank has said.
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26 May 16
Japanese economists and experts have urged G7 governments to take the lead on ending tax havens as the countries’ leaders convene in Japan today.
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26 May 16
European Union finance ministers yesterday failed to agree on rules to crack down on tax avoidance by multinational companies.
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25 May 16
Greece’s European creditors have agreed to release €10.3bn in bailout cash and some debt relief for the country following a tense, 11-hour Eurogroup meeting in Brussels yesterday.
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24 May 16
The World Bank has launched the world’s first ever insurance and pandemic bonds to help protect against deadly infectious disease.
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24 May 16
The International Monetary Fund has called for “unconditional” debt relief for Greece and said the current fiscal targets imposed on the country by the Eurogroup are unrealistic.
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23 May 16
Sustainable urbanisation will be key to Africa’s economic success going forward, the OECD has said.
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23 May 16
Myanmar’s economy has fallen short of expectations as severe flooding, the pre-election climate and weak external demand weigh on growth, the International Monetary Fund has said.
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23 May 16
Greece has passed yet another round of austerity measures in the hope of securing the release of much-needed bailout funds from its creditors.
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20 May 16
Iraq has reached a $5.4bn bailout deal with International Monetary Fund staff to help the country plug a deep hole in its budget carved out by the conflict with ISIS and tumbling oil prices.
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19 May 16
Ukraine has secured initial approval for the release of $1.7bn worth of long-awaited bailout funds from the International Monetary Fund in July.
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19 May 16
A poor global economy and lack of quality jobs threatens to undo decades’ worth of progress in eliminating poverty, the International Labour Organisation has warned.
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19 May 16
The European Commission has deferred its decision on disciplinary action regarding Spain and Portugal’s stubborn “excessive” deficits until early July.
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18 May 16
A United Nations expert has slammed the European Union for “abandoning” Greece and treating human rights for migrants and refugees as “dispensible”.
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18 May 16
The US has slapped a 522% tax on Chinese steel after accusing the nation of distorting the market by flooding it with cheap product.
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18 May 16
Workers across Nigeria have launched an indefinite strike today to protest government plans to increase petrol prices by up to 67%, in spite of a court ruling blocking the industrial action.
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18 May 16
Japan has narrowly dodged a recession with 0.4% growth in gross domestic product in the first quarter, according to preliminary data released by the country’s Cabinet Office.