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1 Nov 21
Emerging economies need greater access to financial assistance to help prepare for natural disasters brought on by climate change, according to the OECD.
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1 Nov 21
Leaders of the 20 largest economies have endorsed a global deal that will see large multinational companies taxed at least 15%.
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29 Oct 21
Fears inflation will linger have led to some central banks tightening monetary policy faster than expected, potentially fuelling worries the US Federal Reserve is “behind the curve”, analysts have...
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25 Oct 21
Indian prime minister Narendra Modi has hailed his country’s Covid-19 vaccine drive as setting “new benchmarks of public service delivery” and spurring the economic recovery.
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25 Oct 21
The US budget deficit reached $2.77trn in 2020-21, the second highest ever after last year, as the government tried to contain the health and economic damage from Covid-19.
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22 Oct 21
Five European countries no longer face the threat of US tariffs in retaliation to their digital services taxes, with the Joe Biden administration backing down after global tax reforms were agreed...
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21 Oct 21
Pressures unrelated to Covid-19 are likely to have a bigger impact on public finances than the huge debt taken on by governments to tackle the pandemic, according to analysis by the OECD.
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19 Oct 21
The rise of digital currencies could leave the US less able to exert influence on global politics through imposing sanctions, a report by the country’s Treasury has claimed.
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19 Oct 21
How easily can central banks wind-down asset purchases?
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19 Oct 21
Rich nations are being urged to channel their share of a recent liquidity boost from the International Monetary Fund to more vulnerable countries.
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15 Oct 21
Top economists have revised down Germany’s growth forecast for this year, due to manufacturing bottlenecks and the impact of Covid-19 on services.
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14 Oct 21
The G20 must “urgently” compel private sector lenders to commit to restructuring deals for the debts of crisis-hit countries, according to a debt campaigning organisation.
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14 Oct 21
The International Monetary Fund has called for policymakers to be “vigilant” in the face of inflationary risk, and for them to be ready to tighten monetary policy faster than expected.
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12 Oct 21
Debt problems faced by poorer countries require a “comprehensive” solution, the World Bank chief has said after publishing his organisation's latest review of debt statistics.
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11 Oct 21
The Australian Treasury has revealed it paid out $27bn (£14.6bn) in Covid-19 support payments to businesses that did not meet the criteria, but said it did not ask for the money back to protect the...
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11 Oct 21
Multinational companies will be subject to a tax of at least 15% on their profits from 2023 after major reforms of the international tax system were finalised by 136 countries.
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8 Oct 21
Ireland has dropped its opposition to global tax reforms and agreed to join an international framework on a minimum global corporation tax rate.
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6 Oct 21
Economic recovery following Covid-19 could lead to interest rate rises - but for how long?
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1 Oct 21
Central bankers need to create digital currencies or they risk losing control to cryptocurrencies and the private sector, a report from the global central banking body has said.
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28 Sep 21
A fund to help European Union member countries weather the negative impacts of Brexit will be created after getting final approval by the European Council.
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28 Sep 21
German finance minister Olaf Scholz is trying to form a government after his party narrowly won the German elections. PFF takes a look at what a Scholz premiership could mean for German fiscal policy.
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27 Sep 21
Turkey’s central bank has cut its benchmark policy rate despite inflation being so high that borrowing costs were already negative in real terms, a move that one economist said points to undue...
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23 Sep 21
World Bank researchers expect 52 countries to cut spending per head to below pre-pandemic levels in the next five years, despite the world economy gradually recovering from the Covid-19 crash.
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22 Sep 21
The Ethiopian government has asked for support from the International Monetary Fund to replace an expiring programme, amid its international creditors’ efforts to restructure its debts.
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22 Sep 21
Irish leaders have spoken less harshly than usual about a planned global shake-up of corporation tax, which would see them raising the rate on the many large multinational companies with headquarters...