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25 Jul 16
Africa remains one of the fastest growing regions in the world for foreign direct investment, according to EY.
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25 Jul 16
Christine Lagarde, head of the International Monetary Fund, must stand trial over accusations of negligence during her time as French finance minister, France’s highest appeals court ruled last week...
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25 Jul 16
The world’s biggest economies have vowed to use all available tools to subdue the impact of Britain’s exit from the European Union and growing economic nationalism.
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22 Jul 16
The European Central Bank is holding out on a decision to take further measures to boost growth in the eurozone until the impact of the UK’s Brexit vote is clearer.
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21 Jul 16
Governments should use tax policy to boost growth and ensure the benefits of taxation are more equitably shared among citizens, the OECD has said.
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21 Jul 16
The European Commission’s lax supervision over the biofuels used by member states risks undermining the European Union’s 2020 targets on renewable transport energy, the European Court of Auditors has...
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20 Jul 16
Four cities with high HIV/AIDS burdens have started publishing data on diagnosis, treatment and suppression of the virus as part of a global cities initiative to end the epidemic.
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19 Jul 16
The International Monetary Fund has downgraded its growth projections for the world economy in the wake of the UK’s Brexit vote.
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18 Jul 16
Morocco has asked to rejoin the African Union 32 years after it left the organisation due to a dispute over the sovereignty of the Western Sahara.
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18 Jul 16
A host of Nigerian experts have called for a review of the country’s tax system, which collects significantly less than it could.
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18 Jul 16
Growth across Asia will “remain solid” despite the short-term impact of Brexit and a softer US economy, according to the Asian Development Bank.
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15 Jul 16
Governments share the blame for the estimated $3.1 trillion lost to tax evasion and avoidance globally, two tax experts told the CIPFA annual conference yesterday.
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13 Jul 16
Public procurement by the European Union is mired in red tape and efforts should be made to help businesses identify contracting opportunities and submit tenders, auditors have said.
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12 Jul 16
Italy’s economy may not recover from the 2008 financial crash until the mid-2020s, suggesting two decades’ worth of growth will be lost, the International Monetary Fund has said.
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12 Jul 16
Venezuela’s government has announced it will seize a factory whose owner, the US personal care company Kimberly-Clark Corp, said it could no longer operate due to the nation’s economic crisis.
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11 Jul 16
The IMF has fast-tracked a loan of $364m for Ecuador to help it rebound from the devastating earthquake that struck the country earlier this year.
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11 Jul 16
The International Monetary Fund has forecast a tentative recovery for Sierra Leone this year after the twin shocks of Ebola and collapsed iron prices sent the economy reeling.
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8 Jul 16
The International Monetary Fund has cut its growth forecasts for the euro area in the wake of the UK’s vote to leave the European Union.
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8 Jul 16
The post-Brexit crash in the value of the pound could cost developing countries up to $4bn in aid, trade and remittances, the UK’s Overseas Development Institute has concluded.
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8 Jul 16
The International Monetary Fund has slashed its growth forecasts for South Africa and called for urgent reform in Africa’s most developed country.
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8 Jul 16
Zimbabwe is reported to be close to finalising a loan to help the country clear its arrears and secure a much-needed cash injection from the International Monetary Fund.
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8 Jul 16
The European Commission has triggered sanctions procedures against Spain and Portugal after ruling the two nations failed to do enough to bring their budget deficits within European Union limits.
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7 Jul 16
The German finance minister Wolfgang Schäuble yesterday warned against an EU-wide “race to the bottom” on tax.
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7 Jul 16
European Union loans, guarantees and equity investments to member states are costly and often poorly implemented, the European Court of Auditors has concluded.
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6 Jul 16
Mining revenues that should have been used to alleviate poverty in the Democratic Republic of Congo have instead lined the pockets of armed groups and corrupt officials, an investigation has...