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6 Jul 16
Citizens across Zimbabwe have “shut down” the country today in response to a call to stay at home in protest against cash shortages and corruption.
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6 Jul 16
The European Commission has announced plans for further measures to clamp down on tax avoidance and secretive companies in response to the publication of the Panama Papers.
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5 Jul 16
European Union governments will be able to ratify a new trade deal between the EU and Canada in their national parliaments after the European Commission bowed to pressure and scrapped plans to fast-...
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4 Jul 16
Four Japanese cities have been selected to share best practice with those in developing countries as part of a World Bank capacity-building programme.
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4 Jul 16
Afghanistan looks set to secure almost half a million dollars from the International Monetary Fund after reaching an agreement with its staff.
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1 Jul 16
More than 80 countries convened in Kyoto, Japan yesterday to discuss global efforts to prevent corporate tax avoidance and evasion as part of the OECD’s BEPS project.
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1 Jul 16
Brexit has put South Africa at higher risk of recession and is likely to trigger a downgrade in the country’s credit rating, intelligence group EXX Africa has concluded.
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1 Jul 16
Security, the refugee crisis and growth are the key priorities of the European Commission’s €134.9bn draft budget for 2017, presented to the European Parliament yesterday.
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29 Jun 16
Annual global infrastructure investment could be growing by 5% a year by 2020, despite a lacklustre commodities sector and slowing Chinese growth, finds a new report.
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28 Jun 16
The leaders of France, Germany and Italy have called for Brexit negotiations to begin soon in order to avoid an impasse following the vote of the UK to leave the European Union.
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27 Jun 16
The International Monetary Fund has called for the UK’s decision to leave the European Union to be respected and for the exit process to be conducted smoothly.
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24 Jun 16
A United Nations expert has warned that the European Union may violate international human rights standards if it attempts to push through controversial trade deals without involving national...
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24 Jun 16
Shockwaves from the UK’s vote to leave the European Union are reverberating throughout the global economy and politics this morning as the fallout of Brexit spreads across the world.
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24 Jun 16
Boosting growth in cities is linked to good public financial management that helps engage both public authorities and business in the potential for private and public investments.
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23 Jun 16
Governments must stop “dithering” on enhancing the digital economy or risk missing out on its huge economic and social benefits, the OECD has warned.
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23 Jun 16
The International Monetary Fund has cut its growth forecasts for the US economy, warning of threats from high rates of poverty and inequality and sluggish productivity.
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23 Jun 16
Portugal will have to “step up” its efforts to reduce its budget deficit as the country’s economic recovery falls short of expectations, the European Commission and European Central Bank have warned...
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22 Jun 16
The German Constitutional Court has given the green light to the European Central Bank’s controversial emergency bond-buying scheme – a key tool to fight financial crises.
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22 Jun 16
Mayors from across the globe are to come together to fight climate change after the world’s largest coalition of cities committed to environmental leadership was launched today.
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21 Jun 16
Jordanian officials have reached an agreement with the International Monetary Fund on a three-year programme to help the country’s economy deal with the fallout of conflicts at its borders.
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21 Jun 16
Croatian lawmakers have voted to dissolve parliament, a move that will trigger snap elections and is likely to hamper progress in fixing the country’s public finances.
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21 Jun 16
A weaker global outlook is hampering Indonesia’s ability to build on recent economic progress, the World Bank has said.
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21 Jun 16
New rules to combat corporate tax avoidance by multinational companies are to be adopted across the European Union after member states agreed a package of measures today.
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20 Jun 16
The European Union has removed Cyprus, Ireland and Slovenia from excessive deficit procedures after the three nations brought their shortfalls to below 3% of GDP.
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20 Jun 16
Jamaica has secured the release of a further $80m from the International Monetary Fund after “exceptional” economic reforms, the IMF announced on Friday.