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8 Jul 16
The post-Brexit crash in the value of the pound could cost developing countries up to $4bn in aid, trade and remittances, the UK’s Overseas Development Institute has concluded.
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5 Jul 16
European Union governments will be able to ratify a new trade deal between the EU and Canada in their national parliaments after the European Commission bowed to pressure and scrapped plans to fast-...
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1 Jul 16
Brexit has put South Africa at higher risk of recession and is likely to trigger a downgrade in the country’s credit rating, intelligence group EXX Africa has concluded.
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24 Jun 16
A United Nations expert has warned that the European Union may violate international human rights standards if it attempts to push through controversial trade deals without involving national...
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24 Jun 16
Shockwaves from the UK’s vote to leave the European Union are reverberating throughout the global economy and politics this morning as the fallout of Brexit spreads across the world.
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16 Jun 16
Brexit would damage the economic and political interests of the entire Commonwealth and hinder international initiatives requiring global cooperation, the chief of the Commonwealth Local Government...
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7 Jun 16
The world is about to undergo a “transition to a new order” in global trade with the Asian and African regions accruing increasing power while Europe declines, a joint-report by the Dubai Multi...
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1 Jun 16
The global economy is stuck in a “low-growth trap”, the OECD has warned, urging policymakers to act before they are forced to fall short on their promises made to entire generations of people.
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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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20 Apr 16
Argentina has returned to the international bond market for the first time since its sovereign debt default in 2001 with a $16.5bn issue.
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18 Apr 16
The Palestinian government is losing as much as $285m in revenues annually under arrangements whereby Israel collects VAT, import taxes and other revenues on its behalf.
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8 Apr 16
A $200m investment agreement has been signed for the initial funding of a pipeline that will deliver 33 billion cubic metres of natural gas annually from Turkmenistan all the way through to India.
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6 Apr 16
The International Monetary Fund has welcomed Rwanda’s plans to shelve non-priority spending and dampen demand for imports as low commodity prices deal a hard blow to revenues.
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1 Apr 16
The African Development Bank has approved a $228m loan to upgrade 172 kilometres of road that forms part of a trade route linking Kenya, Tanzania and South Sudan.
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30 Mar 16
Growth across Asia and the Pacific is set to slow this year and next year as a result of a continued weak recovery globally and softer prospects for China, according to the Asian Development Bank.
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30 Mar 16
Iraq has moved closer to winning financial support from the International Monetary Fund as its government manages to progress towards economic and fiscal targets despite ongoing challenges.
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7 Mar 16
The lure of natural resources can trump concerns around corruption, poor infrastructure and unfavourable business conditions for foreigners looking to invest in Africa, professional services firm...
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3 Mar 16
Inconsistent and inadequate data and tools are hampering the European Union’s ability to counter intra-community VAT fraud, which costs the bloc at least €60bn every year, auditors have warned.
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17 Feb 16
A new trade agreement proposed between the United States and the European Union could allow corporations to effectively sue governments who try to collect tax on their profits, campaigners have...
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18 Jan 16
International sanctions on Iran were lifted over the weekend after the United Nations nuclear watchdog confirmed the country had complied with obligations under the US-led nuclear accord, agreed last...
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8 Dec 15
Denmark is the wealthy nation doing the most to help poorer countries develop, while Japan has been found to be doing the least.
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22 Oct 15
The Confederation of Asian and Pacific Accountants (CAPA) is holding its 19th conference in Seoul, South Korea, from 27 to 29 October. Conference chair In-Ki Joo, shares his ambitions for the event...
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9 Oct 15
Martin Dlamini, Swaziland's Minister of Finance and a speaker at the 2015 MEFMI Forum in Lima, Peru, comments on the financial management challenges faced by developing nations in using the...
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9 Oct 15
Dr Caleb Fundanga, Executive Director of MEFMI (Macroeconomic and Financial Management Institute of Eastern and Southern Africa) provides an overview of the 2015 MEFMI Forum held in Lima, Peru, which...
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7 Oct 15
Cities power the world economy. They have become the engines of growth. This once seemed the ultimate urban cliché. Now it has the ring of truth.