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7 Dec 16
Strengthening trade links and attracting foreign direct investment will contribute to Asia and the Pacific’s growth, and help improve resilience to emerging protectionism, according to the...
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6 Dec 16
Eurozone finance ministers have agreed on short-term debt relief measures for Greece, but remain divided on the country’s fiscal targets and the reforms needed to reach them.
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5 Dec 16
Venezuela is to introduce a new bank note worth 200 times its current, highest denomination in a bid to ease transactions in its rapidly inflating economy.
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5 Dec 16
Italian prime minister Matteo Renzi has resigned after suffering a decisive defeat in a referendum to alter the country’s constitution, fiercely resisted by anti-establishment parties on the far...
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2 Dec 16
The mayors of four major capital cities have committed to taking all diesel-powered vehicles off their streets by 2025.
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2 Dec 16
The European Union is set to crack down on overseas firms illegally shipping small items to customers within the bloc without charging VAT.
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1 Dec 16
Tax officials from Kenya are to help their counterparts in Botswana audit multinational firms as part of a tax assistance project under the Tax Inspectors Without Borders (TIWB) programme.
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1 Dec 16
The election of incoming US president Donald Trump looks set to hurt Africa’s access to finance for key projects at a time when economic growth is already slowing, the UK’s Overseas Development...
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1 Dec 16
Ratings agency Fitch has applauded oil cartel OPEC’s deal to cut production for the first time since the financial crisis as a big step towards stabilising depressed prices, but only if producers can...
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1 Dec 16
Mayors from across the Americas, Asia and beyond have pledged to lead the charge on climate change, and said they won’t let US president-elect Donald Trump get in their way.
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30 Nov 16
The European Commission has announced proposals to restrict subsidies for coal and cut the European Union’s energy usage by 30% by 2030.
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29 Nov 16
European governments need to pick up the slack in fiscal policy in order to support growth in the eurozone, European Central Bank president Mario Draghi has said.
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29 Nov 16
Hard-won gains in democracy and governance secured all over the world will be at risk when US president-elect Donald Trump takes office in January, experts at the UK’s Overseas Development Institute...
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29 Nov 16
The United Nations is concerned the Asia-Pacific region’s main driver of growth could weaken further as countries within the region and beyond seek to turn away from free trade.
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29 Nov 16
Zimbabwe has launched its controversial new currency, pegged to the US dollar, in the hope of easing a crippling cash crisis.
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28 Nov 16
A shift toward protectionism would dash any hopes that the global economy can be broken out of its “low-growth trap”, the OECD has warned.
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25 Nov 16
Two pervasive “mega volatilities” are set to throw emerging market government finances into cyclical disarray for years to come, global economics expert Nenad Pacek has told delegates at...
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22 Nov 16
‘Aggressive’ reforms in public sector management and governance are needed in Asia-Pacific to mitigate the negative consequences of falling tax-to-GDP ratios, an Asian Development Bank governance...
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22 Nov 16
European Union spending on climate change may fall short of target, with a lacklustre effort to channel funds towards climate action throwing spending off schedule, auditors have found.
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22 Nov 16
The US Federal Reserve’s second in command has hinted that some of president-elect Donald Trump’s fiscal policies could help the bank and the US economy.
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22 Nov 16
Fifty mayors and local leaders have launched a plan of action to tackle the systemic inequality flourishing in cities globally.
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21 Nov 16
Leaders from Asia-Pacific, Latin America and the US have vowed to fight against all forms of protectionism in the face of a new US adminstration potentially hostile to free trade.
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21 Nov 16
Debt-laden Puerto Rico has been advised on what is set to be the biggest debt restructuring in the municipal bond market, and told it will no longer be able to rely on the US for support.
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21 Nov 16
The International Monetary Fund has told Ukraine to knuckle down on reforms in order to secure the next tranche of its $17.5bn bailout.
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21 Nov 16
Nigeria’s economy has remained firmly in recession in the third quarter of the year, the country’s National Bureau of Statistics has announced.