-
30 Aug 16
International insurers with $1.2tn in assets under management have called on the G20 to commit to a specific timeline for phasing out fossil fuel subsidies by 2020 at an upcoming summit.
-
30 Aug 16
Apple has been ordered to repay up to €13bn in back taxes plus interest after the European Commission ruled that tax breaks granted to the company by Ireland for over two decades were illegal.
-
30 Aug 16
Over 100 countries are now participants in an OECD international cooperation initiative to combat tax avoidance and evasion, the think-tank has announced.
-
30 Aug 16
Former Portuguese prime minister António Guterres has topped the third ballot in the race to succeed Ban Ki Moon as head of the United Nations.
-
30 Aug 16
The World Bank and the Global Fund will invest $24bn in Africa over the next three to five years in order to accelerate universal health coverage across the continent.
-
24 Aug 16
The European Commission has weighed in on a Greek political row surrounding accusations that the former head of the country’s official statistics authority falsified official data, underpinning...
-
24 Aug 16
The World Bank has refused a staff request to overhaul its leadership selection process as current president Jim Yong Kim sets his eyes on a second five-year term.
-
24 Aug 16
The United Nations refugee agency (UNHCR) has underscored a critical shortfall in funding as it prepares for a significant anticipated displacement of people when pro-government Iraqi forces attempt...
-
23 Aug 16
The Asian Development Bank has approved a $810m loan to develop Pakistan’s power transmission system, it was announced today.
-
23 Aug 16
The Jamaican authorities are continuing their “strong” implementation of the IMF’s requirements under the extended fund facility programme, it has been announced.
-
23 Aug 16
The global crash in commodity prices presents an opportune moment for local governments in Africa to make their areas more attractive to oil and gas investors, PricewaterhouseCoopers has said.
-
23 Aug 16
The International Monetary Fund is re-evaluating Ghana’s economic performance before disbursing the next tranche of the country’s $918m financial aid programme after its parliament passed a law...
-
22 Aug 16
Former French economy minister Arnaud Montebourg has announced his candidacy for next year’s presidential elections, and accused incumbent François Hollande of betraying the “ideals of the left”.
-
22 Aug 16
The International Monetary Fund has criticised the government of Suriname for failing to implement necessary fuel and electricity price increases.
-
22 Aug 16
An African monetary union is currently unfeasible due to the commodity price crash and external shocks to economies across the continent, a group of central bankers has said.
-
22 Aug 16
Thousands of people took to the streets in Chile yesterday to demand that the country’s controversial privatised pension scheme is scrapped.
-
19 Aug 16
The World Bank unveiled its new procurement framework in Sri Lanka yesterday, which it said will help countries make the most of their public spending, strengthen national policies and improve...
-
19 Aug 16
The European Central Bank has hinted that it could take further measures to boost eurozone growth at its September meeting if the impact of the UK’s Brexit vote weighs on the bloc’s economy.
-
19 Aug 16
Nigeria’s oil production is currently 640,000 barrels per day behind the amount needed to fund its record $30bn budget.
-
19 Aug 16
The United Nations has made its first public admission of blame for its role in a cholera outbreak that took hold in Haiti following the catastrophic earthquake in 2010, and has since killed around...
-
18 Aug 16
South Sudan’s former vice president and rebel leader fled the country amid the most recent surge in violence last month, his aides have confirmed.
-
18 Aug 16
Melbourne has been rated the world’s most liveable city for the sixth year running by the Economist’s Global Liveability Ranking 2016.
-
18 Aug 16
Many of Zimbabwe’s local councils continue to operate budgets rejected by central government for allocating too much cash to salaries, according to an investigation by the country’s Financial Gazette...
-
18 Aug 16
The rate of unemployment in France has fallen below 10% for the first time since 2012.
-
17 Aug 16
US municipal bond issuance fell by almost a third last month according to a new trend update released today.