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2 Nov 16
The global economy is to grow at its slowest annual rate in 2016 since the recession in 2009, according to the UK’s National Institute of Economic and Social Research.
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1 Nov 16
Saudi Arabia’s veteran finance minister Ibrahim al-Assaf has been sacked by the country’s King Salman after 20 years in the post.
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31 Oct 16
Mozambique’s bondholders have told the country its hopes to renegotiate its debts by the end of the year are “unrealistic”, according to the Financial Times.
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31 Oct 16
South Africa’s chief prosecutor has dropped fraud charges against the country’s finance minister Pravin Gordhan.
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31 Oct 16
The European Union and Canada have signed a long-delayed trade deal after all EU member states managed to reach consensus on the controversial and widely opposed agreement.
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27 Oct 16
The United Nations has called for action to tackle what it called the mounting sovereign debt crises in many developing countries, which put achievement of the 2030 Sustainable Development Goals at...
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25 Oct 16
Pakistan must “forcefully address” further economic reforms to drive higher living standards, International Monetary Fund managing director Christine Lagarde has said.
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24 Oct 16
The fall in the value of the pound has created a hole in the EU’s budget for next year, according to the chief negotiator from the European Parliament.
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21 Oct 16
Luxembourg has launched a climate finance platform in collaboration with the European Investment Bank to mobilise funding for projects that will help manage climate risks, it was announced yesterday.
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21 Oct 16
The size of Germany’s large current account surplus is a threat to the eurozone economy and the country should consider increasing public investment, according to a survey of economists.
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19 Oct 16
Around 119 million people or 23.7% of the population of the European Union are at risk of poverty or social exclusion, official figures have shown.
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18 Oct 16
Greater global cooperation through carbon trading could reduce the cost of climate change mitigation by 32% by 2030, according to a World Bank report.
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14 Oct 16
Governments across the world have been urged to consider new ways to provide public services, housing and transport in cities following a review that found they have higher rates of inequality than...
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14 Oct 16
Natural disasters pose the greatest risk to cities in an increasingly urbanised world, and could cost $314bn worldwide each year by 2030, the World Bank has warned.
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12 Oct 16
Governments everywhere should tax sugary drinks in order to reduce the 11 million deaths every year linked to unhealthy diets, the World Health Organisation has said.
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12 Oct 16
South African finance minister Pravin Gordhan has been summoned to court on fraud charges, sending the rand into a tailspin and sparking fresh unease around the political situation in Africa’s most...
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11 Oct 16
European Union unemployment is at its lowest level since 2009, according to figures published by the European Commission today.
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11 Oct 16
Civic leaders are increasingly taking on the responsibility for sourcing city energy supplies to secure a clean energy future for citizens, a report by Arup has found.
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11 Oct 16
Greece is set to receive €2.8bn ($3.1bn) from its European creditors after the country passed a number of required reforms relating to pensions, the energy sector and the privatisation of state...
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11 Oct 16
Singapore has opened a new government agency dedicated to leading the country’s digital and data strategy.
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10 Oct 16
The International Monetary Fund has slashed its budget deficit projections for oil-exporting countries in the Middle East and North Africa over the next five years, by over $230bn.
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10 Oct 16
International Monetary Fund managing director Christine Lagarde has outlined the policies she believes are needed to foster inclusive growth as the world enters a new, digital age.
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10 Oct 16
The global monetary system is ill-equipped to handle today’s key challenges, a panel of Asian economists has warned.
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7 Oct 16
Asia remains the brightest spot in the world economy but must tread with caution as various risks threaten to throw it off course, the International Monetary Fund has said.
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7 Oct 16
International Monetary Fund managing director Christine Lagarde has launched another attack on the “economic malpractice” of protectionism amid growing fears of a worldwide backlash against...