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11 Jan 17
Failing to crack down on the tobacco industry will cost the world more than $1tn annually, the World Health Organisation has said, countering industry claims that more controls will hurt nations’...
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11 Jan 17
Sluggish global growth looks on track to speed up moderately in 2017, the World Bank has predicted, but stagnant trade, weak investment and substantial uncertainty put even this modest recovery at...
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10 Jan 17
Around a fifth of all health spending is probably ineffective or wasteful, an OECD deputy director has estimated at the launch of a report looking at inefficiencies in the world’s health systems.
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9 Jan 17
The independence of central banks in Europe could undergo significant changes in the future, according to a survey of economists on the continent.
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9 Jan 17
India’s economic growth will slow in the current fiscal year, according to predictions from the country’s statistics agency.
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9 Jan 17
Minimum wages and pensions are to rise by 50% in Venezuela as part of government attempts to combat runaway inflation.
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5 Jan 17
Unemployment in Spain fell by the largest amount ever recorded last year, the country’s ministry of employment and social security has announced.
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5 Jan 17
China is to channel 2.5tn yuan ($361bn) into renewable energy technologies by the end of the decade, the country’s energy agency said today.
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5 Jan 17
Substantial waste and poor outcomes in the world’s health systems could be alleviated by correcting mismatches in the way available resources are allocated, researchers have found.
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4 Jan 17
Finland has begun delivering unconditional payments to unemployed citizens to test whether providing a universal basic income can help boost employment.
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3 Jan 17
Information on cross-border tax rulings issued within the European Union will now be automatically shared between member states.
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22 Dec 16
Japan’s government has approved record military spending of 5.13 trillion yen ($43.66bn) for 2017-18 – the fifth consecutive annual increase in the defence budget.
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22 Dec 16
The world’s rapidly growing cities will need high quality financial management and new sources of revenue if they are invest in the high quality infrastructure needed to remain competitive, according...
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21 Dec 16
The Italian government is preparing to request €20bn from the country’s parliament in order to rescue Monte dei Paschi, the oldest surviving bank in the world.
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21 Dec 16
Cancer, strokes and heart and lung diseases will soon be a bigger threat to people in Africa than infectious outbreaks like Ebola or Zika, the World Health Organisation has warned.
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21 Dec 16
Plans for increased tax transparency across the European Union, which would have seen the details of the true owners of secretive companies made public have been watered down by national governments...
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20 Dec 16
Australia has increased its fiscal deficit forecasts for the next four years compared to May’s predictions, the most recent mid-year economic forecast has shown.
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19 Dec 16
Ukraine is to nationalise its largest lender, PrivatBank, in order to prevent a potential financial system meltdown triggered by the collapse of an institution deemed too big to fail.
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19 Dec 16
Venezuela’s president has pulled back on his sudden demonetisation of the country’s biggest bank note amid chaos and cash shortages.
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15 Dec 16
Debt relief measures for Greece have been frozen just weeks after they were agreed because of a series of social welfare measures announced by the government, a move that has angered creditors.
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15 Dec 16
A constitutional amendment to freeze Brazil’s public spending for 20 years will take effect today, after being approved by parliament earlier this week.
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15 Dec 16
High public sector debt is a key risk to the performance of Malaysia’s economy, the International Monetary Fund warned as it welcomed plans to cut spending and hike certain taxes.
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15 Dec 16
Japanese lawmakers have lifted a longstanding ban on casinos, betting on the economic benefits of what is estimated to be a $40bn per year industry.
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15 Dec 16
An economic slowdown in India, partly triggered by the botched withdrawal of two high-denomination banknotes, is having wider regional effects and has prompted the Asian Development Bank to trim its...
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14 Dec 16
Greeks are unhappier with their lives than citizens in a host of post-communist and less developed nations across Europe and central Asia, according to a survey.