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7 Jun 21
Six years of fighting have devastated the Yemeni economy and left millions in need of humanitarian aid, and those problems have been exacerbated by Covid-19, an International Monetary Fund official...
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7 Jun 21
Sweden’s looser Covid-19 restrictions and diversified economy enabled it to weather the pandemic better than other countries in financial terms, according to ratings agency Fitch.
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7 Jun 21
A global minimum corporate tax rate of 15% has been criticised for failing to end the incentive for multinational companies to book profits in low-tax countries.
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4 Jun 21
Better tax administration would help African countries adopt transformative social protection policies such as minimum income schemes to spur development and ensure nobody is left behind, a report...
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4 Jun 21
A global agreement on taxing large digital companies is “within reach”, according to European finance ministers commenting ahead of a G7 meeting.
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4 Jun 21
The US Federal Reserve is preparing to sell off corporate assets purchased last year, to help keep companies solvent through the Covid-19 pandemic.
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3 Jun 21
European Union governments can keep supporting their economies with huge fiscal stimulus after the bloc’s executive extended the suspension of deficit limit rules to help spur the recovery from Covid...
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3 Jun 21
The Joe Biden administration has decided to introduce tariffs on imports from six countries in an ongoing row over whether unilateral taxes on giant digital companies are fair.
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2 Jun 21
The European Union will force large multinational companies to publish their profit and tax information, but campaigners have warned the move is not sufficient to fully clamp down on corporate tax...
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2 Jun 21
A newly created public prosecutor has begun work to reduce the €460m of fraud that affects European Union spending in a year.
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1 Jun 21
Continued progress on international vaccination programmes and large stimulus packages mean the OECD's global outlook for economic growth year has been revised up by more than 30% on previous...
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1 Jun 21
US president Joe Biden’s first annual budget, including $6trn of spending, has drawn support from fellow Democrats – but other voices have sounded warnings about the national debt.
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1 Jun 21
The Lebanese government’s deliberate inaction on imposing reforms has led to one of the greatest financial crises in the last two centuries, according to the World Bank Group.
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1 Jun 21
The global recession caused by the coronavirus pandemic led to a record 32 credit rating downgrades in 2020, according to ratings agency Fitch.
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1 Jun 21
The Icelandic government has launched a privatisation of Islandsbanki, the bank it took control of in 2008 during the financial crisis.
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28 May 21
Nearly a third of the European Union’s long-term budget will likely be used to reduce economic and social inequality within the bloc, after leaders formally adopted a €330bn package of support.
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28 May 21
African countries have been urged to step up cooperation on tax to raise money needed to support their economies through the economic crisis caused by Covid-19.
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27 May 21
Russia’s aim to halve poverty by 2030 would be easier and more cost-effective if it introduced a guaranteed minimum income programme rather than expand its existing social safety net, the World Bank...
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26 May 21
Growth in Central American and Caribbean nations is set to lag behind that in similarly-rated counterparts as Covid-19 exacerbates underlying financial weaknesses, according to ratings agency Fitch.
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26 May 21
Widespread lapses in accountability plagued the global response to Covid-19 and recovery efforts will require far stronger oversight, the International Budget Partnership has found.
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25 May 21
Restructuring Lebanon’s public debt could set off an economic “doom loop” with serious consequences for the Lebanese banks that hold the assets, a ratings agency has warned.
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25 May 21
Covid-19 has led the International Monetary Fund to update its approach to giving policy advice to governments as they navigate the recovery, recognising the challenges the pandemic has created.
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24 May 21
Peru’s credit outlook has been revised down to negative because of a polarised and fractured political system, according to ratings agency Moody’s.
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24 May 21
An immediate global effort to step up the rollout of Covid-19 vaccine doses could represent “the highest-return public investment ever”, according to the International Monetary Fund.
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24 May 21
The US central bank is considering introducing a digital version of the country’s currency, with chair Jay Powell announcing a future public consultation on the issue.
7 Jun 21Six years of fighting have devastated the Yemeni economy and left millions in need of humanitarian aid, and those problems have been exacerbated by Covid-19, an International Monetary Fund official...
7 Jun 21Sweden’s looser Covid-19 restrictions and diversified economy enabled it to weather the pandemic better than other countries in financial terms, according to ratings agency Fitch.
7 Jun 21A global minimum corporate tax rate of 15% has been criticised for failing to end the incentive for multinational companies to book profits in low-tax countries.
4 Jun 21Better tax administration would help African countries adopt transformative social protection policies such as minimum income schemes to spur development and ensure nobody is left behind, a report...
4 Jun 21A global agreement on taxing large digital companies is “within reach”, according to European finance ministers commenting ahead of a G7 meeting.
4 Jun 21The US Federal Reserve is preparing to sell off corporate assets purchased last year, to help keep companies solvent through the Covid-19 pandemic.
3 Jun 21European Union governments can keep supporting their economies with huge fiscal stimulus after the bloc’s executive extended the suspension of deficit limit rules to help spur the recovery from Covid...
3 Jun 21The Joe Biden administration has decided to introduce tariffs on imports from six countries in an ongoing row over whether unilateral taxes on giant digital companies are fair.
2 Jun 21The European Union will force large multinational companies to publish their profit and tax information, but campaigners have warned the move is not sufficient to fully clamp down on corporate tax...
2 Jun 21A newly created public prosecutor has begun work to reduce the €460m of fraud that affects European Union spending in a year.
1 Jun 21Continued progress on international vaccination programmes and large stimulus packages mean the OECD's global outlook for economic growth year has been revised up by more than 30% on previous...
1 Jun 21US president Joe Biden’s first annual budget, including $6trn of spending, has drawn support from fellow Democrats – but other voices have sounded warnings about the national debt.
1 Jun 21The Lebanese government’s deliberate inaction on imposing reforms has led to one of the greatest financial crises in the last two centuries, according to the World Bank Group.
1 Jun 21The global recession caused by the coronavirus pandemic led to a record 32 credit rating downgrades in 2020, according to ratings agency Fitch.
1 Jun 21The Icelandic government has launched a privatisation of Islandsbanki, the bank it took control of in 2008 during the financial crisis.
28 May 21Nearly a third of the European Union’s long-term budget will likely be used to reduce economic and social inequality within the bloc, after leaders formally adopted a €330bn package of support.
27 May 21Russia’s aim to halve poverty by 2030 would be easier and more cost-effective if it introduced a guaranteed minimum income programme rather than expand its existing social safety net, the World Bank...
26 May 21Growth in Central American and Caribbean nations is set to lag behind that in similarly-rated counterparts as Covid-19 exacerbates underlying financial weaknesses, according to ratings agency Fitch.
26 May 21Widespread lapses in accountability plagued the global response to Covid-19 and recovery efforts will require far stronger oversight, the International Budget Partnership has found.
25 May 21Restructuring Lebanon’s public debt could set off an economic “doom loop” with serious consequences for the Lebanese banks that hold the assets, a ratings agency has warned.
25 May 21Covid-19 has led the International Monetary Fund to update its approach to giving policy advice to governments as they navigate the recovery, recognising the challenges the pandemic has created.
24 May 21Peru’s credit outlook has been revised down to negative because of a polarised and fractured political system, according to ratings agency Moody’s.
24 May 21An immediate global effort to step up the rollout of Covid-19 vaccine doses could represent “the highest-return public investment ever”, according to the International Monetary Fund.
