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27 Apr 17
The US government has unveiled sweeping tax cuts described as “reckless” by opponents, who estimate the plan could cost as much as $7tn over 10 years.
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26 Apr 17
The Mexican economy alone could lose almost $30bn as a result of the “double burden” of obesity and undernutrition, with billions more at risk in other nations across the region.
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26 Apr 17
Thousands of refugees and migrants, including unaccompanied children, are being left stranded on Greek islands as a result of European Union policy, the bloc’s auditors have said.
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25 Apr 17
The European Commission confirmed Greece’s target-busting primary surplus yesterday, putting it even higher than Greek official statistics.
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24 Apr 17
A group of International Monetary Fund member countries have dropped all references to resisting protectionism in an annual communiqué.
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24 Apr 17
The king of Saudi Arabia has reinstated generous benefits for civil servants by royal decree to allay potential discontent in the country.
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24 Apr 17
French stocks have surged today on the back of pro-EU centrist Emmanuel Macron’s victory in the first round of voting for the French presidential election.
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21 Apr 17
Greece has today reported a 2016 primary surplus almost eight times higher than its bailout target, but the International Monetary Fund remains sceptical of the country’s success.
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21 Apr 17
US president Donald Trump’s plans to cut taxes could drive the country’s debt up by more than 11% of GDP by 2022, according to the International Monetary Fund.
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20 Apr 17
The World Bank has cut its growth forecast for sub-Saharan Africa this year as the region’s key economies falter.
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20 Apr 17
Nigerian president Mohammadu Buhari has suspended two top officials implicated in a scandal over $43m in allegedly misdirected aid funds.
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19 Apr 17
A UK think-tank has urged Ghana to invest in greater economic diversity to make the most of a recent $2.2bn bond sale – the biggest single-day debt issue by a sub-Saharan African government.
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18 Apr 17
Global growth prospects are “substantially better” for this year and the next, the International Monetary Fund has said.
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18 Apr 17
Turkey’s president Recep Tayyip Erdoğan has won sweeping new powers following a constitutional referendum held at the weekend.
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18 Apr 17
The World Bank has slashed its growth forecast for the Middle East and North Africa by almost one percentage point, as war and low oil prices batter the region’s economies.
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13 Apr 17
Better tax policies are key to solving the global productivity problem, adding roughly one percentage point to long-term GDP growth in the process, the International Monetary Fund has said.
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13 Apr 17
Ensuring sound government finances should be a priority for developing countries in East Asia and the Pacific, the World Bank has said.
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12 Apr 17
Italy has approved €3.4bn worth of emergency cuts, yielding to a European Commission demand that it do more on its deficit or face sanctions.
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12 Apr 17
A move towards protectionism would constitute a “self-inflicted wound” and only serve to damage growth, International Monetary Fund chief Christine Lagarde has warned.
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11 Apr 17
More taxes, better monitoring and more transparent spending will be needed in Qatar to offset the impact of a price slump on the country’s commodity-reliant economy, according to the International...
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11 Apr 17
The Philippines will remain one of the region’s top tiger economies for the next two to three years, the World Bank has predicted.
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11 Apr 17
Technology, not global trade, is the key reason workers have not benefited from economic growth, the International Monetary Fund has said.
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10 Apr 17
The benefits of open trade are “broad and deep” and should not be forgone, the World Bank, International Monetary Fund and World Trade Organisation have stressed.
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10 Apr 17
Government support for agriculture in the Philippines is inefficient and in some ways counterproductive, increasing the country’s malnutrition problem, the OECD has said.
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10 Apr 17
The Zika epidemic could cost Latin America and the Caribbean $18bn by 2018, an analysis by the United Nations Development Programme has found.