-
30 Mar 21
The European Union rescue fund aimed at allocating finance to member countries funded by common debt is compatible with EU treaties, Spain’s central bank chief said this week.
-
29 Mar 21
Latin American nations will record the slowest Covid-19 recovery of developing economies, due to legacy structural economic weaknesses, according to rating’s agency Standard and Poor’s.
-
29 Mar 21
An impending debt crisis in developing countries will lead to “another lost decade” without decisive action, according to the head of the United Nations.
-
29 Mar 21
About 1.3 million people could become exempt from income tax in Argentina in a move lawmakers say will boost the country’s sluggish economy.
-
26 Mar 21
Borrowing by local and regional governments around the world is set to balloon by a third to $2.25trn this year – but credit ratings in developed countries are set to be unaffected, according to a...
-
24 Mar 21
Africa will need to be able to manufacture its own vaccines to speed up its economic recovery from the Covid-19 crisis, a United Nations panel has been told.
-
24 Mar 21
The economic disruption caused by Covid-19 will have a long-lasting impact on public finances and sovereign credit ratings, according to ratings agency Fitch.
-
24 Mar 21
The International Monetary Fund is preparing to expand its reserves for the first time since 2009 to help governments deal with the economic fallout of Covid-19.
-
22 Mar 21
Elevated debt levels resulting from the Spanish government’s Covid-19 underwriting of business loans, could put stress on its future credit rating, according to ratings agency Standard and Poor’s.
-
22 Mar 21
Emergency cash transfers to vulnerable Brazilians will stop in four months’ time because there is “no money” to continue the scheme, one of the president’s advisers has said.
-
22 Mar 21
Weak growth will hamper many economies in the Americas in the coming years without fiscal and institutional reforms, the region’s largest multilateral bank has warned.
-
17 Mar 21
Governments are failing to ‘build back better’ from Covid-19, with just 18% of recovery spending going on ‘green' projects, a group of academics and the United Nations has said.
-
16 Mar 21
The eurozone’s relaxation of its debt and spending rules should continue into next year, the bloc's finance ministers have said.
-
16 Mar 21
Asia-Pacific nations must refocus their efforts on achieving sustainable development goals, according to the Asian Development Bank.
-
15 Mar 21
Africa needs large-scale debt relief in order to meet the challenges of Covid-19 as millions of people face being pushed into extreme poverty, the African Development Bank has warned.
-
12 Mar 21
The Inter-American Development Bank has announced a first-of-its-kind instrument aimed at speeding up the rollout of Covid-19 vaccines in Latin America and the Caribbean by protecting manufacturers...
-
11 Mar 21
Joe Biden’s $1.9trn stimulus package has been approved by the US Congress, in a move predicted to boost the world economy during the recovery from Covid-19 and support some of the country’s poorest...
-
9 Mar 21
Canada has set up an all-female advisory group aimed at making sure its next budget improves the lives of women, who the government said have borne the brunt of the economic hardship caused by Covid-...
-
8 Mar 21
Kenya’s credit rating has been downgraded by ratings agency Standard & Poor's, despite the country having recently agreed a deal with the International Monetary Fund aimed at reducing its debt...
-
8 Mar 21
Two experts take opposing stances on the merits of a targeted tax on the rich, following a UK Commission finding a one-off wealth tax would help the country recover from the pandemic.
-
4 Mar 21
A group of progressive Democrats in the US senate has introduced a bill for a 3% annual tax on wealth exceeding $1bn, and 2% on that above $50m.
-
25 Feb 21
The world’s richest countries borrowed a record $18trn from the markets in 2020, an OECD report into Covid-19’s effect on debt has found.
-
25 Feb 21
Ghana has become the first country to receive Covid-19 vaccines from India as part of the Covax programme that aims to provide doses to developing countries.
-
23 Feb 21
Education budgets are being slashed in poorer countries as governments struggle to deal with Covid-19, a report has found.
-
19 Feb 21
Covid-19 led public debt to a record high in 2020, as governments borrowed three times as much as they did the previous year while trying to fight the virus.
30 Mar 21The European Union rescue fund aimed at allocating finance to member countries funded by common debt is compatible with EU treaties, Spain’s central bank chief said this week.
29 Mar 21Latin American nations will record the slowest Covid-19 recovery of developing economies, due to legacy structural economic weaknesses, according to rating’s agency Standard and Poor’s.
29 Mar 21An impending debt crisis in developing countries will lead to “another lost decade” without decisive action, according to the head of the United Nations.
29 Mar 21About 1.3 million people could become exempt from income tax in Argentina in a move lawmakers say will boost the country’s sluggish economy.
26 Mar 21Borrowing by local and regional governments around the world is set to balloon by a third to $2.25trn this year – but credit ratings in developed countries are set to be unaffected, according to a...
24 Mar 21Africa will need to be able to manufacture its own vaccines to speed up its economic recovery from the Covid-19 crisis, a United Nations panel has been told.
24 Mar 21The economic disruption caused by Covid-19 will have a long-lasting impact on public finances and sovereign credit ratings, according to ratings agency Fitch.
24 Mar 21The International Monetary Fund is preparing to expand its reserves for the first time since 2009 to help governments deal with the economic fallout of Covid-19.
22 Mar 21Elevated debt levels resulting from the Spanish government’s Covid-19 underwriting of business loans, could put stress on its future credit rating, according to ratings agency Standard and Poor’s.
22 Mar 21Emergency cash transfers to vulnerable Brazilians will stop in four months’ time because there is “no money” to continue the scheme, one of the president’s advisers has said.
22 Mar 21Weak growth will hamper many economies in the Americas in the coming years without fiscal and institutional reforms, the region’s largest multilateral bank has warned.
17 Mar 21Governments are failing to ‘build back better’ from Covid-19, with just 18% of recovery spending going on ‘green' projects, a group of academics and the United Nations has said.
16 Mar 21The eurozone’s relaxation of its debt and spending rules should continue into next year, the bloc's finance ministers have said.
16 Mar 21Asia-Pacific nations must refocus their efforts on achieving sustainable development goals, according to the Asian Development Bank.
15 Mar 21Africa needs large-scale debt relief in order to meet the challenges of Covid-19 as millions of people face being pushed into extreme poverty, the African Development Bank has warned.
11 Mar 21Joe Biden’s $1.9trn stimulus package has been approved by the US Congress, in a move predicted to boost the world economy during the recovery from Covid-19 and support some of the country’s poorest...
9 Mar 21Canada has set up an all-female advisory group aimed at making sure its next budget improves the lives of women, who the government said have borne the brunt of the economic hardship caused by Covid-...
8 Mar 21Kenya’s credit rating has been downgraded by ratings agency Standard & Poor's, despite the country having recently agreed a deal with the International Monetary Fund aimed at reducing its debt...
8 Mar 21Two experts take opposing stances on the merits of a targeted tax on the rich, following a UK Commission finding a one-off wealth tax would help the country recover from the pandemic.
4 Mar 21A group of progressive Democrats in the US senate has introduced a bill for a 3% annual tax on wealth exceeding $1bn, and 2% on that above $50m.
25 Feb 21The world’s richest countries borrowed a record $18trn from the markets in 2020, an OECD report into Covid-19’s effect on debt has found.
23 Feb 21Education budgets are being slashed in poorer countries as governments struggle to deal with Covid-19, a report has found.
