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24 Jun 21
Rich nations could fully restore reserve levels in low-income countries by diverting less than half of their share of an International Monetary Fund funding stream, according to ratings agency S&...
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24 Jun 21
Africa will need $485bn of additional financing between 2021 and 2023 to ward off a debt crisis, the president of the continent’s largest multilateral development bank has said.
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21 Jun 21
Continued over-reliance on oil has left Gulf Cooperation Council countries very exposed to shocks amid faltering diversification efforts, analysts have warned.
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21 Jun 21
Expensive loans taken out by Russian regional governments will be replaced by long-term low-interest loans from the central government as president Vladimir Putin aims to bring the sector’s finances...
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18 Jun 21
High US inflation rates related to the Covid-19 bounceback are set to be transitory, but interest rates rises might be needed by 2023 to deal with longer-term inflationary pressures, according to the...
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18 Jun 21
Norway’s central bank says that it is likely to raise its interest rate above the current 0% level in September.
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15 Jun 21
Muhammad Afnan Alam explores the G7 commitment to push for at least a 15% global minimum rate of corporation tax.
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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.