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7 Jun 21
Sweden’s looser Covid-19 restrictions and diversified economy enabled it to weather the pandemic better than other countries in financial terms, according to ratings agency Fitch.
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7 Jun 21
A global minimum corporate tax rate of 15% has been criticised for failing to end the incentive for multinational companies to book profits in low-tax countries.
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4 Jun 21
A global agreement on taxing large digital companies is “within reach”, according to European finance ministers commenting ahead of a G7 meeting.
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3 Jun 21
The Joe Biden administration has decided to introduce tariffs on imports from six countries in an ongoing row over whether unilateral taxes on giant digital companies are fair.
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1 Jun 21
Continued progress on international vaccination programmes and large stimulus packages mean the OECD's global outlook for economic growth year has been revised up by more than 30% on previous...
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1 Jun 21
The global recession caused by the coronavirus pandemic led to a record 32 credit rating downgrades in 2020, according to ratings agency Fitch.
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25 May 21
Restructuring Lebanon’s public debt could set off an economic “doom loop” with serious consequences for the Lebanese banks that hold the assets, a ratings agency has warned.
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25 May 21
Covid-19 has led the International Monetary Fund to update its approach to giving policy advice to governments as they navigate the recovery, recognising the challenges the pandemic has created.
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24 May 21
An immediate global effort to step up the rollout of Covid-19 vaccine doses could represent “the highest-return public investment ever”, according to the International Monetary Fund.
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24 May 21
The US central bank is considering introducing a digital version of the country’s currency, with chair Jay Powell announcing a future public consultation on the issue.
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21 May 21
Joe Biden’s administration has climbed down from its proposed 21% minimum tax rate for multinational companies, suggesting it could accept a compromise as low as 15%.
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20 May 21
Covid-19 threatens decades of progress by African countries on towards becoming advanced economies, and world finance leaders have been warned the continent needs huge investment in the coming years.
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20 May 21
The European Commission has unveiled plans to reduce corporate tax competition between EU countries with a single rulebook for the whole bloc, but could face opposition from certain member states.
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19 May 21
Governments need to spend far more on research and development on clean energy if the world is to reach net zero carbon emissions by 2050, the International Energy Agency has said.
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18 May 21
The UK is hesitant to support the US push for a 21% global minimum corporation tax rate over fears doing so would harm the chance of sorting out the issue of digital taxation, it has been reported.
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17 May 21
Increasing violence in Israel risks harming the country’s outlook and tensions could make it difficult for authorities to form a government and pass a budget, ratings agencies have warned.
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14 May 21
Surging US inflation figures do not reflect the “excellent” economic situation, a leading figure from the country’s central bank has said.
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13 May 21
Myanmar’s alternative 'national unity government' will not honour the ruling junta’s debts if it gains power, its finance minister has said.
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11 May 21
A “more prosperous and sustainable future” is possible if G7 countries step up public investment in the coming decade, a group of academics has said.
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7 May 21
Turkey’s central bank has kept its benchmark rate constant at 19% for a second time since the country’s president sacked the governor who raised the rate to that level.
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5 May 21
India’s second wave of Covid-19 could derail its previously strong economic recovery and damage its credit profile, ratings agency S&P Global has said.
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4 May 21
Tanzania’s president has cut income tax to help workers deal with the economic effects of Covid-19 but refused to increase public sector pay, which has remained static for nearly six years.
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30 Apr 21
The rate at which wages are taxed effectively fell last year by the largest amount since the global financial crisis, according to the OECD.
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30 Apr 21
A decade of austerity means a new era of higher taxes could loom for some governments picking up the pieces after Covid-19.
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29 Apr 21
The Federal Reserve is a “long way” from withdrawing its support for the US economy despite improving growth prospects, the central bank chairman has said.
7 Jun 21Sweden’s looser Covid-19 restrictions and diversified economy enabled it to weather the pandemic better than other countries in financial terms, according to ratings agency Fitch.
7 Jun 21A global minimum corporate tax rate of 15% has been criticised for failing to end the incentive for multinational companies to book profits in low-tax countries.
4 Jun 21A global agreement on taxing large digital companies is “within reach”, according to European finance ministers commenting ahead of a G7 meeting.
3 Jun 21The Joe Biden administration has decided to introduce tariffs on imports from six countries in an ongoing row over whether unilateral taxes on giant digital companies are fair.
1 Jun 21Continued progress on international vaccination programmes and large stimulus packages mean the OECD's global outlook for economic growth year has been revised up by more than 30% on previous...
1 Jun 21The global recession caused by the coronavirus pandemic led to a record 32 credit rating downgrades in 2020, according to ratings agency Fitch.
25 May 21Restructuring Lebanon’s public debt could set off an economic “doom loop” with serious consequences for the Lebanese banks that hold the assets, a ratings agency has warned.
25 May 21Covid-19 has led the International Monetary Fund to update its approach to giving policy advice to governments as they navigate the recovery, recognising the challenges the pandemic has created.
24 May 21An immediate global effort to step up the rollout of Covid-19 vaccine doses could represent “the highest-return public investment ever”, according to the International Monetary Fund.
21 May 21Joe Biden’s administration has climbed down from its proposed 21% minimum tax rate for multinational companies, suggesting it could accept a compromise as low as 15%.
20 May 21Covid-19 threatens decades of progress by African countries on towards becoming advanced economies, and world finance leaders have been warned the continent needs huge investment in the coming years.
20 May 21The European Commission has unveiled plans to reduce corporate tax competition between EU countries with a single rulebook for the whole bloc, but could face opposition from certain member states.
19 May 21Governments need to spend far more on research and development on clean energy if the world is to reach net zero carbon emissions by 2050, the International Energy Agency has said.
18 May 21The UK is hesitant to support the US push for a 21% global minimum corporation tax rate over fears doing so would harm the chance of sorting out the issue of digital taxation, it has been reported.
17 May 21Increasing violence in Israel risks harming the country’s outlook and tensions could make it difficult for authorities to form a government and pass a budget, ratings agencies have warned.
14 May 21Surging US inflation figures do not reflect the “excellent” economic situation, a leading figure from the country’s central bank has said.
13 May 21Myanmar’s alternative 'national unity government' will not honour the ruling junta’s debts if it gains power, its finance minister has said.
11 May 21A “more prosperous and sustainable future” is possible if G7 countries step up public investment in the coming decade, a group of academics has said.
7 May 21Turkey’s central bank has kept its benchmark rate constant at 19% for a second time since the country’s president sacked the governor who raised the rate to that level.
5 May 21India’s second wave of Covid-19 could derail its previously strong economic recovery and damage its credit profile, ratings agency S&P Global has said.
4 May 21Tanzania’s president has cut income tax to help workers deal with the economic effects of Covid-19 but refused to increase public sector pay, which has remained static for nearly six years.
30 Apr 21The rate at which wages are taxed effectively fell last year by the largest amount since the global financial crisis, according to the OECD.
30 Apr 21A decade of austerity means a new era of higher taxes could loom for some governments picking up the pieces after Covid-19.
