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12 Sep 16
Brexit could cost the world’s least developed countries up to €385m ($432m) per year in additional trade duties if the UK does not continue to guarantee the favourable access to its market currently...
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1 Sep 16
The International Monetary Fund has hinted today that another downgrade in global growth projections could be on the cards when it publishes its next economic outlook in October.
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19 Aug 16
The European Central Bank has hinted that it could take further measures to boost eurozone growth at its September meeting if the impact of the UK’s Brexit vote weighs on the bloc’s economy.
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11 Aug 16
Singapore has cut its economic growth forecasts in light of increasing global uncertainly caused in part by the Brexit vote.
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5 Aug 16
African nations must do more to harness urbanisation to ensure the continent grows sustainability as millions more people head for its cities, according to the African Development Bank.
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3 Aug 16
Economic growth next year will be lower than expected, due largely to the UK’s decision to leave the European Union, according to the National Institute of Economic and Social Research.
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2 Aug 16
The UK’s candidate for its next European commissioner, Sir Julian King, will be given the security brief by European Commission president Jean-Claude Juncker, it was announced today.
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1 Aug 16
The president of the US Federal Reserve Bank of New York has called for caution before going ahead with another increase in interest rates in light of risks to the nation’s economy.
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25 Jul 16
The world’s biggest economies have vowed to use all available tools to subdue the impact of Britain’s exit from the European Union and growing economic nationalism.
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22 Jul 16
The European Central Bank is holding out on a decision to take further measures to boost growth in the eurozone until the impact of the UK’s Brexit vote is clearer.
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19 Jul 16
The International Monetary Fund has downgraded its growth projections for the world economy in the wake of the UK’s Brexit vote.
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18 Jul 16
Growth across Asia will “remain solid” despite the short-term impact of Brexit and a softer US economy, according to the Asian Development Bank.
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12 Jul 16
Italy’s economy may not recover from the 2008 financial crash until the mid-2020s, suggesting two decades’ worth of growth will be lost, the International Monetary Fund has said.
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8 Jul 16
The International Monetary Fund has cut its growth forecasts for the euro area in the wake of the UK’s vote to leave the European Union.
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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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8 Jul 16
The International Monetary Fund has slashed its growth forecasts for South Africa and called for urgent reform in Africa’s most developed country.
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8 Jul 16
The European Commission has triggered sanctions procedures against Spain and Portugal after ruling the two nations failed to do enough to bring their budget deficits within European Union limits.
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7 Jul 16
The German finance minister Wolfgang Schäuble yesterday warned against an EU-wide “race to the bottom” on tax.
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7 Jul 16
The British electorate’s decision to leave the European Union will test the UK’s institutional stability, policymaking and delivery. CIPFA stands ready to help
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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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1 Jul 16
Security, the refugee crisis and growth are the key priorities of the European Commission’s €134.9bn draft budget for 2017, presented to the European Parliament yesterday.
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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.