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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.
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16 Apr 21
Experts say that the Biden administration’s move to ban US financial institutions from participating in the primary market for Russian bonds is likely to have little impact.
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13 Apr 21
Greece’s public debt rose to 207% of GDP at the end of 2020 but remains on a sustainable footing, according to ratings agency Fitch.
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12 Apr 21
Low-income countries have received just 0.2% of Covid-19 vaccines and advanced economies need to step up financing efforts amid growing deaths and new variants, the World Health Organisation has...
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12 Apr 21
Undeserving private sector lenders could benefit from International Monetary Fund action aimed at helping poorer countries recover from Covid-19, a former deputy director of the fund has warned.
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9 Apr 21
Bitcoin “does not fulfil the basic properties of money” according to an executive board member at the European Central Bank.
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9 Apr 21
Governments should consider implementing a one-off wealth tax to help pay for the cost of Covid-19 support packages, according the International Monetary Fund.
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7 Apr 21
Prospects for economic recovery vary starkly across regions and between countries despite the world economy emerging from the worst phase of the Covid-19 pandemic, the International Monetary Fund has...
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7 Apr 21
A worldwide agreement on taxing multinational companies appears closer after the US signalled its support for a minimum global rate of corporation tax, European finance ministers have said.
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1 Apr 21
Private creditors are making big profits from lending to developing countries during Covid-19. With poorer governments left with less to spend on tackling the pandemic, the need for debt cancellation...
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1 Apr 21
Sudan has moved a step closer to accessing debt relief and finance from international institutions after handing over $335m to the USA to compensate terrorist attack victims.
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31 Mar 21
Growth rates for emerging economies will be better than first expected this year, as nations showed resilience in the face of Covid-19 restrictions, according to rating’s agency Standard and Poor’s.
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31 Mar 21
The world’s 69 poorest countries will need to spend $450bn by 2025 to respond to Covid-19 and accelerate their income convergence with advanced economies, the IMF has said.
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30 Mar 21
The US is preparing to retaliate over six countries’ digital taxes because they “discriminate” against American companies.
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29 Mar 21
An impending debt crisis in developing countries will lead to “another lost decade” without decisive action, according to the head of the United Nations.
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26 Mar 21
Borrowing by local and regional governments around the world is set to balloon by a third to $2.25trn this year – but credit ratings in developed countries are set to be unaffected, according to a...
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24 Mar 21
The International Monetary Fund is preparing to expand its reserves for the first time since 2009 to help governments deal with the economic fallout of Covid-19.
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22 Mar 21
Hong Kong will remain a ‘tax haven’ according to one of the city’s top officials, amid concerns surrounding a fiscal deficit caused by Covid-19 and tensions with mainland China.
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22 Mar 21
Weak growth will hamper many economies in the Americas in the coming years without fiscal and institutional reforms, the region’s largest multilateral bank has warned.
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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.