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9 Jun 16
Increasing violence and unrest cost the world economy $13.6 trillion, or 13.3% of global GDP, in 2015, according to the annual Global Peace Index.
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9 Jun 16
Antoinette Sayeh, director of the International Monetary Fund’s African Department, is to retire later this year.
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8 Jun 16
Thailand’s economic recovery from the political volatility of the past few years is gaining traction, but growth is still trailing other Asian economies and remains at risk, the International...
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8 Jun 16
The World Bank has cut its global growth forecasts for 2016 to 2.4%, from the already modest 2.9% it predicted in January.
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7 Jun 16
The world is about to undergo a “transition to a new order” in global trade with the Asian and African regions accruing increasing power while Europe declines, a joint-report by the Dubai Multi...
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7 Jun 16
Both the World Bank and the International Monetary Fund urged Uganda to increase spending on public infrastructure while also ensuring more projects are delivered on time and to budget.
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7 Jun 16
Proposals for a universal basic income were overwhelmingly rejected by Switzerland’s voters in a referendum on Sunday, with 78% saying no to the scheme.
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3 Jun 16
Securing debt and sanctions relief will be critical to Sudan’s continued recovery as growth remains constrained despite successful policies, the International Monetary Fund has said.
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3 Jun 16
Brazil’s economy has declined for the fifth consecutive quarter in what the finance ministry described as one of the deepest recessions in the country’s history.
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3 Jun 16
Complex reforms are being proposed to the international tax system, but there are questions over the political will to act quickly.
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2 Jun 16
South Sudan will fall into even deeper economic crisis, resulting in further suffering for its people and threatening the already fragile peace process, without a change in policy and support from...
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2 Jun 16
Tunisia has secured more than $8bn in loans from the European Union, the International Monetary Fund and the World Bank over the past month as the country seeks to revive its fragile economy.
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1 Jun 16
The global economy is stuck in a “low-growth trap”, the OECD has warned, urging policymakers to act before they are forced to fall short on their promises made to entire generations of people.
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1 Jun 16
India’s economy grew by 7.6% over the past year, retaining the country’s place as the fastest-growing major economy in the world, according to government data.
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1 Jun 16
Economic growth has not delivered better lives for citizens in many African nations, a report by think-tank the Legatum Institute has found.
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31 May 16
Rising inequality around the world could be connected to too-slow productivity growth, which has been a cause of concern for economists globally since before the financial crisis, the OECD has said.
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31 May 16
Mexico has secured an increased line of credit from the International Monetary Fund, worth around $20bn more than the previous arrangement.
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31 May 16
Japanese prime minister Shinzo Abe is set to announce a delay in a planned sales tax increase until October 2019 amid concerns that the hike could hit growth.
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31 May 16
A treaty to end the double taxation of income in the UK and Algeria is to come into effect next year as part of efforts to increase trade between the two countries, a British Treasury minister has...
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27 May 16
The International Monetary Fund is to monitor and support the Somali government as it works to implement an economic reform programme – a significant milestone for the African country as it rebuilds...
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27 May 16
The OECD has attempted to find answers to the so-called ‘productivity puzzle’ in a report that suggests the problem could be structural rather than cyclical.
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27 May 16
G7 leaders have said pursuing strong global growth will be their “urgent priority” following a two-day summit that wrapped up today.
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26 May 16
The Chinese finance ministry is to issue the first ever sovereign renminbi bond outside of China on the London stock market.
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26 May 16
Early implementers of carbon pricing schemes raised $26bn in 2015, up 60% from the year before, the World Bank has said.
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26 May 16
Japanese economists and experts have urged G7 governments to take the lead on ending tax havens as the countries’ leaders convene in Japan today.