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19 Mar 21
Unabated global warming could lead to more than 60 countries having their credit ratings downgraded by the end of this decade, according to a study.
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18 Mar 21
Global GDP forecasts for 2021 have been revised up due to the “larger than expected” $1.9trn US stimulus package, according to rating’s agency Fitch.
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17 Mar 21
The Chinese Government’s ‘underwhelming’ energy transition plan could reduce interest in green bonds issued by the nation, according to experts.
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16 Mar 21
Former Australian finance minister Mathias Cormann has been appointed as the next secretary general of the OECD.
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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.
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12 Mar 21
Public authorities will continue to play a key role in maintaining the credit ratings of international banks as the sector will remain resilient despite pandemic risks, ratings agency Standard and...
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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...
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12 Mar 21
A short-term world economic crisis is unlikely, despite world debt spiralling to $201trn at the end of last year – equal to 267% of global GDP, according to ratings agency Standard and Poor’s.
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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...
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11 Mar 21
China will look to expand its middle class while continuing to open up its economy to trade, state media reported following the adoption of the country’s latest five-year plan.
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9 Mar 21
Italy has made Europe’s largest ever green bond debut, joining a growing trend of environmental issues on the continent as governments try to stick to their Paris Agreement commitments on reaching...
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9 Mar 21
The world economy is expected to grow by 5.6% this year, 1.4 percentage points higher than expected in December, dependent on vaccination progress, according to the OECD.
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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...
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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.
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5 Mar 21
Negative interest rates achieved their desired effects of boosting growth and inflation, and are likely to continue being a policy option for central banks, a report from the IMF has said.
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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.
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2 Mar 21
The billions of dollars governments lose to tax abuse, corruption and money laundering could be used to fight the global challenges of our age, a UN panel has said.
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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.
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23 Feb 21
The head of Myanmar’s military government has told his officials they need to take action to revive the country’s struggling economy, state media has reported.
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19 Feb 21
Bolivia’s central bank has returned a loan of nearly $350m plus interest to the International Monetary Fund, claiming it had been improperly negotiated by the previous government.
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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.
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18 Feb 21
Several countries in Latin America “will find it challenging” to reduce their deficit enough to get their debt back on a sustainable footing, according to ratings agency Fitch.
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16 Feb 21
Kenya is set to receive $2.4bn from the International Monetary Fund to enable its government to continue its economic response to the pandemic.
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12 Feb 21
The Rwandan economy has fallen into its first recession in more than 25 years, with the World Bank warning it risks years of gains in poverty reduction.
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9 Feb 21
State-owned oil companies risk wasting $400bn on oil and gas projects that will only break even if the world fails to meet the Paris agreement climate goals, according to a report from an NGO.
19 Mar 21Unabated global warming could lead to more than 60 countries having their credit ratings downgraded by the end of this decade, according to a study.
18 Mar 21Global GDP forecasts for 2021 have been revised up due to the “larger than expected” $1.9trn US stimulus package, according to rating’s agency Fitch.
17 Mar 21The Chinese Government’s ‘underwhelming’ energy transition plan could reduce interest in green bonds issued by the nation, according to experts.
16 Mar 21Former Australian finance minister Mathias Cormann has been appointed as the next secretary general of the OECD.
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.
12 Mar 21Public authorities will continue to play a key role in maintaining the credit ratings of international banks as the sector will remain resilient despite pandemic risks, ratings agency Standard and...
12 Mar 21The 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 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 21Italy has made Europe’s largest ever green bond debut, joining a growing trend of environmental issues on the continent as governments try to stick to their Paris Agreement commitments on reaching...
9 Mar 21The world economy is expected to grow by 5.6% this year, 1.4 percentage points higher than expected in December, dependent on vaccination progress, according to the OECD.
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.
2 Mar 21The billions of dollars governments lose to tax abuse, corruption and money laundering could be used to fight the global challenges of our age, a UN panel has said.
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 21The head of Myanmar’s military government has told his officials they need to take action to revive the country’s struggling economy, state media has reported.
19 Feb 21Bolivia’s central bank has returned a loan of nearly $350m plus interest to the International Monetary Fund, claiming it had been improperly negotiated by the previous government.
18 Feb 21Several countries in Latin America “will find it challenging” to reduce their deficit enough to get their debt back on a sustainable footing, according to ratings agency Fitch.
16 Feb 21Kenya is set to receive $2.4bn from the International Monetary Fund to enable its government to continue its economic response to the pandemic.
12 Feb 21The Rwandan economy has fallen into its first recession in more than 25 years, with the World Bank warning it risks years of gains in poverty reduction.
