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8 Sep 16
A plan to introduce surcharges on three of India’s most popular train routes from Friday has sparked uproar on social media.
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8 Sep 16
The European Court of Justice has ordered Greece to pay a €10m lump sum to the European Commission for continually poor waste management, plus €30,000 for every day its waste situation does not...
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8 Sep 16
Angolan finance minister Armando Manuel has been sacked from his post after presiding over a two-year economic slump triggered by the collapse in oil prices.
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7 Sep 16
South Africa has dodged a recession after figures published today show its economy grew by 3.3% in the second quarter, after shrinking by 1.2% in the first few months of 2016.
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7 Sep 16
Australia’s economy can now boast a quarter of a century without recession after official figures showed the economy grew 3.3% in the year to June.
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7 Sep 16
A United Nations report has unveiled the “staggering” cost of Israel’s occupation of Palestinian territory, where the economy might otherwise be twice its current size.
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6 Sep 16
Greece looks set to have another €2.8bn in bailout funds frozen amid reports that its European creditors will withhold the cash for the rest of the year due to lack of progress with reforms.
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6 Sep 16
The European Union lost a "staggering" €160bn in value added tax revenues in 2014, according to European Commission data released today.
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6 Sep 16
The OECD has welcomed the release by the US and China of peer reviews into their national fossil fuel subsidy programmes, despite criticism over the G20’s failure to set a deadline to phase them out...
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5 Sep 16
The G20 have vowed to make the most of flexible fiscal policy to boost sluggish global growth, as well as to strengthen economic governance through transparency and international tax collaboration.
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5 Sep 16
Chinese president Xi Jinping has warned his fellow G20 leaders from allowing their latest meeting to become an empty “talk shop” as rising protectionism, sluggish investment and geopolitical risks...
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2 Sep 16
Mayors from megacities around the world have called on the G20 to take immediate measures to combat climate change and make the historic Paris climate accord a reality.
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2 Sep 16
Malaysian prime minister Najib Razak is the mysterious unnamed official cited as a key figure in the billion-dollar looting of the country’s wealth fund, according to a senior member of his own...
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2 Sep 16
Millions of workers across India are on strike today to protest what they see as anti-labour policies driven by prime minister Narendra Modi.
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1 Sep 16
European Union customs investigators will be able to combat fraud much more effectively from today following reforms enabling them to track the movement of goods electronically.
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1 Sep 16
Internationalism is not a spent force but a crucial response to global economic challenges, according to the president of the European Bank for Reconstruction and Development.
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1 Sep 16
The International Monetary Fund has hinted today that another downgrade in global growth projections could be on the cards when it publishes its next economic outlook in October.
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1 Sep 16
G20 leaders should champion stronger governance and public financial management following the upcoming summit in Hangzhou, China, according to the International Federation of Accountants.
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1 Sep 16
Ahead of this weekend’s G20 summit, the International Federation of Accountants is calling for a host of accounting issues to rise higher up the global agenda
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1 Sep 16
The World Bank has launched its Special Drawing Rights-denominated bond programme, marking the first ever publicly issued SDR bond, and the bank’s inaugural issue on the Chinese market.
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31 Aug 16
A project to improve the quality of external sector statistics in Central and West Africa has been launched by the International Monetary Fund.
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31 Aug 16
The Nigerian economy has officially gone in to recession after figures published today showed a 2.06% contraction in the second quarter of 2016.
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30 Aug 16
International insurers with $1.2tn in assets under management have called on the G20 to commit to a specific timeline for phasing out fossil fuel subsidies by 2020 at an upcoming summit.
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30 Aug 16
Apple has been ordered to repay up to €13bn in back taxes plus interest after the European Commission ruled that tax breaks granted to the company by Ireland for over two decades were illegal.
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30 Aug 16
Over 100 countries are now participants in an OECD international cooperation initiative to combat tax avoidance and evasion, the think-tank has announced.