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8 Nov 21
More than half of all public sector organisations do not have specific policies to combat fraud in the Canadian province of British Columbia, a survey has found.
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8 Nov 21
Increased carbon taxes are likely to have a bigger long-term economic impact on countries which are heavily reliant on carbon-intensive energy, according to ratings agency S&P.
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4 Nov 21
Portugal faces a snap election after the country’s parliament failed to approve the government’s 2022 budget proposals.
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4 Nov 21
The US Federal Reserve has decided to wind down its $120bn-a-month bond-buying programme in the hope of tempering rising inflation.
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4 Nov 21
The European Central Bank is unlikely to hike interest rates next year, as inflation is forecast to reduce over the medium term, according to president Christine Lagarde.
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3 Nov 21
The Asian Development Bank has launched two multi-billion-dollar pilots aimed at the early retirement or repurposing of coal power plants, to help meet long-term climate goals.
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3 Nov 21
South Africa will receive $8.5bn from some of the world’s most advanced economies to help transition away from coal power and meet its climate commitments.
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3 Nov 21
The Bank of Israel has urged the country’s parliament to pass the state budget before a looming deadline after which the government would collapse and need new elections.
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2 Nov 21
The Reserve Bank of Australia has abandoned the yield target policy it introduced at the start of the Covid-19 pandemic, recognising that a rate rise could come sooner than previously expected.
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2 Nov 21
Indian prime minister Narendra Modi has called for improved finance opportunities to help address climate change, after the nation pledged to hit carbon neutrality by 2070.
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1 Nov 21
The Namibian government will establish a sovereign wealth fund by the end of this year, aimed at creating a stable economy and leaving resources behind for future generations once finite natural...
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1 Nov 21
German political parties’ continuing support for the country’s debt brake rule has contributed to rating agency Fitch maintaining its AAA judgement of Europe’s largest economy.
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1 Nov 21
Emerging economies need greater access to financial assistance to help prepare for natural disasters brought on by climate change, according to the OECD.
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1 Nov 21
Leaders of the 20 largest economies have endorsed a global deal that will see large multinational companies taxed at least 15%.
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29 Oct 21
The European Union should relax its debt expectations for member states to allow them to support the economic recovery from Covid-19, economists from the bloc’s bailout fund have said.
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29 Oct 21
Fears inflation will linger have led to some central banks tightening monetary policy faster than expected, potentially fuelling worries the US Federal Reserve is “behind the curve”, analysts have...
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28 Oct 21
Countries are depleting their resources in the search for short-term economic gains that leave their future development unsustainable, the World Bank has warned.
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27 Oct 21
A military coup in Sudan has led to the US withdrawing significant amounts of aid, with the European Union reviewing its position.
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26 Oct 21
The level of error in spending from European Union member nations is still substantial and requires more vigilant financial management, according to the organisation’s watchdog.
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25 Oct 21
Indian prime minister Narendra Modi has hailed his country’s Covid-19 vaccine drive as setting “new benchmarks of public service delivery” and spurring the economic recovery.
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25 Oct 21
Nigeria’s new digital currency is expected to increase tax takings and drive economic growth, the country’s president has said.
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25 Oct 21
Moldova and the International Monetary Fund have agreed a reform programme to help authorities maintain the economic recovery amid the threats of inflation and a possible resurgence of Covid-19 cases.
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25 Oct 21
The US budget deficit reached $2.77trn in 2020-21, the second highest ever after last year, as the government tried to contain the health and economic damage from Covid-19.
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22 Oct 21
Five European countries no longer face the threat of US tariffs in retaliation to their digital services taxes, with the Joe Biden administration backing down after global tax reforms were agreed...
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22 Oct 21
Poland risks missing out on funding from the European Union after a court ruled national law takes precedence over those made in Brussels.