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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.
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28 Apr 21
Developing economies in Asia could recover faster than expected from Covid-19 but some countries are likely to lag behind, the Asian Development Bank has said.
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27 Apr 21
Post-pandemic optimism for Norway’s economy should be tempered by longer-term risks such as an oil revenue slowdown and its ageing population, International Monetary Fund economists have said.
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26 Apr 21
Joe Biden’s election as US president is likely to mean greater global trade cooperation – but anti-globalist forces remain powerful
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23 Apr 21
Resources to fight new forms of warfare cannot simply be found from cuts to traditional areas of defence.
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22 Apr 21
Canada’s central bank has cut its bond purchases this year, citing progress in the country’s economic recovery from Covid-19.
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22 Apr 21
Joe Biden’s suggested global minimum corporation tax rate would be unfair on small nations such as Ireland, the country’s finance minister has said.
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19 Apr 21
A small ‘wealth tax’ on stocks of giant companies could raise $180bn each year and address problems that have been exacerbated by the pandemic, a French economist has said.