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11 Aug 16
After holding the position for more than two years, Nigeria has lost the title of Africa’s largest economy in dollar terms to South Africa, Bloomberg reported yesterday.
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9 Aug 16
Spain and Portugal have escaped fines for breaking European Union deficit rules, the European Council have confirmed.
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8 Aug 16
Tougher international tax laws around foreign trusts have been proposed in New Zealand in line with recommendations made in an inquiry set up in response to the Panama Papers.
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4 Aug 16
The European Union has hit Chinese and Russian steel producers with anti-dumping tariffs, including retroactive levies on imports registered before February.
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4 Aug 16
An historic tax reform that will help create a single market in India has been backed by the country’s parliament.
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4 Aug 16
An all-party parliamentary group in the UK has claimed the international proposals to combat global tax evasion do not go far enough and may create new loopholes that could be used to avoid paying...
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3 Aug 16
The OECD has praised the recent introduction of “game changing” anti-corruption laws in Mexico, which it said would substantially transform the nation’s graft-fighting architecture.
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3 Aug 16
Recent economic policy decisions made by Japanese prime minister Shinzo Abe have achieved partial success but now need to be upgraded, the IMF has said.
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3 Aug 16
Foreign homebuyers in Vancouver have to pay a 15% property tax as of yesterday in an effort to make homes in the Canadian city more affordable.
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3 Aug 16
Economic growth next year will be lower than expected, due largely to the UK’s decision to leave the European Union, according to the National Institute of Economic and Social Research.
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2 Aug 16
Australia, the UK and South Korea are world leaders in using e-government to achieve the Sustainable Development Goals, according to a United Nations survey.
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2 Aug 16
The UK’s candidate for its next European commissioner, Sir Julian King, will be given the security brief by European Commission president Jean-Claude Juncker, it was announced today.
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2 Aug 16
A carbon tax in China could cut greenhouse gases, save millions of lives and improve public finances
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1 Aug 16
The Tunisian parliament has overwhelmingly voted to sack the country’s prime minister Habib Essid, effectively dissolving the government.
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1 Aug 16
The president of the US Federal Reserve Bank of New York has called for caution before going ahead with another increase in interest rates in light of risks to the nation’s economy.
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1 Aug 16
From today, Greece will ease stringent capital controls in the hope of luring back some of the cash pulled from Greek banks at the height of last year’s crisis.
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29 Jul 16
Nigeria’s ministry of works has already spent nearly a quarter of its increased budget in less than three months as part of a programme to boost capital spending, the country’s minister for power,...
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29 Jul 16
The International Monetary Fund underestimated the risks of the eurozone debt crisis and overrode its own procedures to make unsustainable loans, a key report published today has concluded.
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29 Jul 16
Growth across the eurozone has slowed in the second quarter of 2016, according to figures released today.
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28 Jul 16
Japan will launch a 28 trillion yen ($266bn) economic stimulus package in another attempt to kickstart the country’s ailing economy, according to reports.
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27 Jul 16
Only three major developed economies saw real-term falls in wages from 2007-15, despite the financial crisis, an analysis has found today.
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26 Jul 16
The private sector must play a leading role in driving prosperity in the Middle East and North Africa despite political instability and a lack of financing, according to development banks.
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25 Jul 16
The International Monetary Fund has approved another line of credit for Morocco, worth $3.47bn over two years.
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25 Jul 16
Public procurement in Bangladesh is to be upgraded and expanded with an additional $10m in World Bank cash.
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25 Jul 16
The European Commission has ordered Spain to recover illegal state aid it granted to a state-owned railway operator for the construction of a high speed train testing centre.