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18 Mar 20
The economic impact of the escalating coronavirus pandemic is “much worse than feared”, and the world economy is probably already in a recession, according to ratings agency Standard & Poor’s...
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18 Mar 20
Chad is paying back a $100m loan from Angola with thousands of cattle, the Angolan state-run newspaper has reported.
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17 Mar 20
France is mobilising €45bn to help keep its economy afloat, the finance minister announced, after president Emmanuel Macron declared the country was “at war” with the coronavirus.
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17 Mar 20
While quarantining and social distancing is the right prescription to combat COVID-19’s public health impact, the exact opposite is needed when it comes to securing the global economy, writes IMF...
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17 Mar 20
A €1bn package of support for economies hit by the coronavirus pandemic has been unveiled by the European Bank for Reconstruction and Development.
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13 Mar 20
Sudan faces “daunting” challenges to its economy as the government tries to reform the country after decades under a dictatorship, the IMF has warned.
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13 Mar 20
The European Central Bank has deployed stimulus measures in an attempt to soften the economic blow of the coronavirus pandemic.
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12 Mar 20
The UK government risks retaliation from the US after confirming it will go ahead with its planned tax on internet giants such as Facebook and Google from April.
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10 Mar 20
Multinational companies could make a “significant contribution” to the sustainable development of many economies around the world if their profits and taxes were more transparent, according to a...
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10 Mar 20
Government bond yields across the world have plummeted, due to the combination of a sharp decline in oil prices and market uncertainty surrounding the coronavirus outbreak.
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9 Mar 20
Lebanon is set to default on its debts after the prime minister stopped a bond payment he said the government cannot afford while Lebanese people suffer.
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9 Mar 20
The IMF’s Vitor Gaspar and Paolo Mauro outline how governments should respond to the outbreak in order to stop the worst economic effects.
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6 Mar 20
Power cuts and poor performance by the state-owned power company Eskom are “killing the economy” of South Africa, an economist has told PFF after the country entered its second recession in two years.
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6 Mar 20
World financial institutions and governments this week rushed to provide billions of dollars to fight the coronavirus outbreak and support the economy.
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4 Mar 20
Fears of the coronavirus outbreak hitting the economy have caused the US Federal Reserve to slash interest rates in the biggest single cut since the last financial crisis.
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3 Mar 20
Irish public finances face the threat of lower corporation tax receipts, as the OECD process to reform the global tax system approaches a “crucial” phase.
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2 Mar 20
Coronavirus could push a number of nations into a recession under a worst case scenario outlined by the Organisation for Economic Co-operation and Development.
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2 Mar 20
The IMF has secured enough money to wipe $334m of Somalia’s debt, bringing the beleaguered east African country one step closer to wholesale debt relief.
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28 Feb 20
European finance ministers are considering intervention in their economies to counter the impact of coronavirus outbreaks.
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25 Feb 20
The coronavirus epidemic is having a noticeable impact on the global economy, IMF managing director Kristalina Georgieva has warned.
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21 Feb 20
Governments should look to metrics other than GDP to judge the wellbeing of their societies, researchers have said.
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20 Feb 20
As the Group of Twenty industrialized and emerging market economies (G20) finance ministers and central bank governors gather in Riyadh this week, they face an uncertain economic landscape, writes...
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19 Feb 20
The US could scupper global efforts to reform corporation tax, the official responsible for the EU’s tax policy has warned.
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18 Feb 20
A UK territory is one of four jurisdictions that has been added to the EU’s tax blacklist, after failing to implement reforms by an agreed deadline.
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18 Feb 20
There’s no doubt that the fourth industrial revolution is taking hold, but do we fully appreciate the social unrest that may follow this time round?