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25 Nov 22
The strategy that yielded early pandemic success in keeping Covid-19 cases contained is now “weighing” on China’s economy, a senior figure at the International Monetary Fund has warned.
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24 Nov 22
Work to strengthen the international tax system will begin at the United Nations after a group of African countries put forward a resolution they hope will give developing countries a bigger say in...
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21 Nov 22
Recessions in major economies and increasing borrowing costs are likely to hurt the global economy, particularly in developing countries, in the new year, analysts have warned.
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15 Nov 22
Protectionism and national self-interest must be avoided if the world economy is to emerge from the ongoing crises as strongly as possible, International Monetary Fund managing director Kristalina...
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4 Nov 22
Getting more people to live healthy lifestyles is a priority for governments around the world. But slimmer waistlines aren’t good for the bottom line, as Japan is discovering. What can other...
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28 Oct 22
The possibility of recession was not enough to keep the European Central Bank from doubling its deposit rate in an attempt to get inflation down.
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12 Oct 22
Inflation, the energy crisis and stresses in the three biggest economies will hit global output, according to new forecasts.
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3 Oct 22
Developing country central banks making losses amid rising interest rates and falling asset values risk harming their governments’ public finances, ratings agency Fitch has warned.
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30 Sep 22
The German government has announced a €200bn fund to protect consumers and businesses from high gas prices.
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27 Sep 22
A recent package of tax cuts announced by the UK government “doesn’t help” global economic uncertainty, a US Federal Reserve official has warned amid an overwhelmingly negative investor reaction.
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23 Sep 22
The US central bank has put interest rates up by another big jump, continuing its recent fast pace of increases as inflation continues to be far above its target level.
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16 Sep 22
Central banks raising interest rates to slow inflation risk “devastating” the lives of people in poorer countries if their actions push those countries into recessions, World Bank president David...
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15 Sep 22
The energy crisis exacerbated by the Russian invasion of Ukraine will see the UK and eurozone plunge into a recession later this year and in 2023, economists at Fitch have said.
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18 Aug 22
Ghana’s central bank has hiked interest rates by the largest jump in 20 years barely one month after the International Monetary Fund said the country needs to “ensure credibility” in its monetary...
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27 Jul 22
The International Monetary Fund has warned that further economic disruption linked to the war in Ukraine or future waves of Covid-19 could push the world economy into recession as it published its...
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22 Jul 22
The European Central Bank has ended eight years of negative interest rates, increasing its deposit rate for the first time since 2011 in response to high inflation.
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19 Jul 22
Does Russia’s invasion of Ukraine mean that governments around the world are set to spend more on defence over coming years? And, if they do, what are the implications for public spending in other...
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15 Jul 22
A US Federal Reserve governor has stated his support for raising interest rates by 0.75 percentage points later this month, but did not rule out pushing for an even larger increase.
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12 Jul 22
Officials at the OECD have set a deadline of this time next year for global agreement on one part of its landmark tax reforms, agreed in principle by the vast majority of the world’s countries last...
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1 Jul 22
Fitch has dimmed its view of government credit conditions amid Russia’s ongoing invasion of Ukraine and the resulting international sanctions.
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20 Jun 22
The Hungarian finance minister has vetoed the European Union’s adoption of a 15% effective minimum corporation tax rate, representing the latest setback to the implementation of the already-delayed...
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13 Jun 22
Governments experiencing debt crises are set to spend less in 2023 than they did in 2019, despite the need to support their citizens in the face of surging food and fuel prices, figures have shown.
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10 Jun 22
Rising interest rates aimed at combating runaway global inflation are putting some governments, including in middle-income countries, at risk of debt distress, the World Bank has warned.
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27 May 22
A bailout deal between the International Monetary Fund and the crisis-hit Sri Lankan government appears to be close following two weeks of technical discussions between officials.
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26 May 22
The head of the OECD has admitted progress on the organisation’s much-vaunted global tax shake-up has fallen behind, and will not now be implemented until at least 2024.
25 Nov 22The strategy that yielded early pandemic success in keeping Covid-19 cases contained is now “weighing” on China’s economy, a senior figure at the International Monetary Fund has warned.
24 Nov 22Work to strengthen the international tax system will begin at the United Nations after a group of African countries put forward a resolution they hope will give developing countries a bigger say in...
21 Nov 22Recessions in major economies and increasing borrowing costs are likely to hurt the global economy, particularly in developing countries, in the new year, analysts have warned.
15 Nov 22Protectionism and national self-interest must be avoided if the world economy is to emerge from the ongoing crises as strongly as possible, International Monetary Fund managing director Kristalina...
4 Nov 22Getting more people to live healthy lifestyles is a priority for governments around the world. But slimmer waistlines aren’t good for the bottom line, as Japan is discovering. What can other...
28 Oct 22The possibility of recession was not enough to keep the European Central Bank from doubling its deposit rate in an attempt to get inflation down.
12 Oct 22Inflation, the energy crisis and stresses in the three biggest economies will hit global output, according to new forecasts.
30 Sep 22The German government has announced a €200bn fund to protect consumers and businesses from high gas prices.
27 Sep 22A recent package of tax cuts announced by the UK government “doesn’t help” global economic uncertainty, a US Federal Reserve official has warned amid an overwhelmingly negative investor reaction.
23 Sep 22The US central bank has put interest rates up by another big jump, continuing its recent fast pace of increases as inflation continues to be far above its target level.
16 Sep 22Central banks raising interest rates to slow inflation risk “devastating” the lives of people in poorer countries if their actions push those countries into recessions, World Bank president David...
18 Aug 22Ghana’s central bank has hiked interest rates by the largest jump in 20 years barely one month after the International Monetary Fund said the country needs to “ensure credibility” in its monetary...
19 Jul 22Does Russia’s invasion of Ukraine mean that governments around the world are set to spend more on defence over coming years? And, if they do, what are the implications for public spending in other...
12 Jul 22Officials at the OECD have set a deadline of this time next year for global agreement on one part of its landmark tax reforms, agreed in principle by the vast majority of the world’s countries last...
20 Jun 22The Hungarian finance minister has vetoed the European Union’s adoption of a 15% effective minimum corporation tax rate, representing the latest setback to the implementation of the already-delayed...
10 Jun 22Rising interest rates aimed at combating runaway global inflation are putting some governments, including in middle-income countries, at risk of debt distress, the World Bank has warned.
27 May 22A bailout deal between the International Monetary Fund and the crisis-hit Sri Lankan government appears to be close following two weeks of technical discussions between officials.
