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28 Apr 16
South Sudan’s rebel leader Riek Machar has been sworn in as vice president, marking a significant milestone in plans for a national unity government that were almost derailed last week.
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28 Apr 16
Nigeria has urged the World Bank to help ensure the swift repatriation of $320m in stolen Nigerian funds currently being held in Switzerland.
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26 Apr 16
Chile is missing out on potential economic growth and social wellbeing as a result of weak regulation, the OECD has warned.
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26 Apr 16
An unprecedented explosion in the working-age population in Asia Pacific risks dire consequences if not properly managed, the United Nations Development Programme has warned.
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26 Apr 16
Saudi Arabia has unveiled an ambitious plan to overhaul the country’s economy and end its “addiction to oil”.
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25 Apr 16
Mozambique’s government has come clean about $1bn worth of borrowing it hid from the International Monetary Fund.
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25 Apr 16
The International Monetary Fund has advised Vietnam to tighten its belt in the face of sharp increases in public debt.
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25 Apr 16
Over twenty more nations will share details on the true owners of secretive companies after joining up to the anti-tax evasion initiative headed by Europe’s five largest economies.
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22 Apr 16
The historic climate change agreement reached in Paris last December has been formally ratified at the United Nations today, marking the first step towards putting the deal into practice.
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21 Apr 16
Bermuda has become the latest nation to adopt the OECD’s tax transparency agreement, under which detailed reports on multinational companies’ operations are shared between tax administrations.
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21 Apr 16
Ecuadorian president Rafael Correa has announced one-off taxes, asset sales and potential new bond issuances to help pay for the recovery bill from last Saturday’s 7.8 magnitude earthquake.
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20 Apr 16
Argentina has returned to the international bond market for the first time since its sovereign debt default in 2001 with a $16.5bn issue.
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20 Apr 16
Ecuador’s president has warned that reconstruction costs following Saturday’s devastating earthquake will run into the billions of dollars.
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19 Apr 16
The European Commission is not strict enough in enforcing rules intended to keep the bloc’s public finances in order, the European Court of Auditors has found.
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18 Apr 16
The Palestinian government is losing as much as $285m in revenues annually under arrangements whereby Israel collects VAT, import taxes and other revenues on its behalf.
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18 Apr 16
The South American nation of Suriname is set to receive a support package worth $478m from the International Monetary Fund intended to help its economy pull out of recession.
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15 Apr 16
Spain’s industry, energy and tourism minister resigned this morning after his alleged links to an offshore company were exposed in the Panama Papers.
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15 Apr 16
Tunisia has made further progress towards a $2.8bn support package from the International Monetary Fund, which now only needs approval from the fund’s executive board.
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15 Apr 16
Ukraine’s new prime minister has vowed to crack down on corruption in the country after his predecessor’s ineffectual attempts forced his resignation.
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15 Apr 16
The five largest European economies have agreed on new “hammer blow” measures to crackdown on tax evasion in response to the Panama Papers.
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14 Apr 16
Government deficits are now expected to climb above the levels observed at the beginning of the 2008-09 financial crisis, the International Monetary Fund has warned in its annual Fiscal Monitor.
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13 Apr 16
The global economy is at risk of a fresh financial crisis the International Monetary Fund has warned in its Global Financial Stability Report, published today.
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13 Apr 16
Every $1 spent on investing in scaling up treatment for depression and anxiety disorders leads to a return of $4 in better health and working ability, according to a study published in The Lancet...
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12 Apr 16
The International Monetary Fund has downgraded its global growth forecasts for 2016 again and warned that chances of a projected pick up next year are waning.
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12 Apr 16
Demand for World Bank cash has risen to unprecedented levels outside of a financial crisis as developing countries struggle with a sluggish global economy.