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21 Oct 21
Pressures unrelated to Covid-19 are likely to have a bigger impact on public finances than the huge debt taken on by governments to tackle the pandemic, according to analysis by the OECD.
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21 Oct 21
Brazil’s economy minister has said the country’s spending cap could be breached to allow the government to expand its welfare programme.
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20 Oct 21
A Swiss bank which made "tainted loans" for government projects in Mozambique has been fined $475m by UK and US authorities over "serious financial crime", and will also write off $200m of debt owed...
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19 Oct 21
The rise of digital currencies could leave the US less able to exert influence on global politics through imposing sanctions, a report by the country’s Treasury has claimed.
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19 Oct 21
Rich nations are being urged to channel their share of a recent liquidity boost from the International Monetary Fund to more vulnerable countries.
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18 Oct 21
Poland’s constitutional court ruling that Polish law takes precedence over EU laws has “meaningful risks to growth and governance” in the eastern European country, according to rating agency Fitch.
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18 Oct 21
The European Union’s budget rules on debt levels for member states are "nonsensical" and need to be updated, the head of the EU’s bailout fund has said, ahead of new reform efforts.
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15 Oct 21
The Algerian government wants to reform its expensive system of subsidies next year as it tries to cut its deficit.
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15 Oct 21
Japan’s new prime minister has set up a taskforce to reduce wealth disparities in a bid to create a “virtuous cycle of growth and distribution”, claiming market forces have left some people behind.
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15 Oct 21
Top economists have revised down Germany’s growth forecast for this year, due to manufacturing bottlenecks and the impact of Covid-19 on services.
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14 Oct 21
The G20 must “urgently” compel private sector lenders to commit to restructuring deals for the debts of crisis-hit countries, according to a debt campaigning organisation.
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14 Oct 21
The US Federal Reserve could begin winding down its additional bond purchasing programme as early as next month, as economic growth rises faster than expected.
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14 Oct 21
The International Monetary Fund has called for policymakers to be “vigilant” in the face of inflationary risk, and for them to be ready to tighten monetary policy faster than expected.
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13 Oct 21
The United Nations COP26 climate conference in Glasgow must be a turning point in the global fight to limit global warming and finance ministers need to play their part, the head of the UN has said.
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12 Oct 21
Debt problems faced by poorer countries require a “comprehensive” solution, the World Bank chief has said after publishing his organisation's latest review of debt statistics.
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12 Oct 21
The New Zealand government was able to post a much smaller deficit in its 2021 budget, due to a stronger than predicted economic rebound from Covid-19.
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12 Oct 21
Kristalina Georgieva has the “full confidence” of the International Monetary Fund’s executive board despite an investigation alleging she worked to artificially improve influential data in China’s...
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11 Oct 21
The Australian Treasury has revealed it paid out $27bn (£14.6bn) in Covid-19 support payments to businesses that did not meet the criteria, but said it did not ask for the money back to protect the...
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11 Oct 21
Multinational companies will be subject to a tax of at least 15% on their profits from 2023 after major reforms of the international tax system were finalised by 136 countries.
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8 Oct 21
Ireland has dropped its opposition to global tax reforms and agreed to join an international framework on a minimum global corporation tax rate.
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8 Oct 21
The USA has moved closer to avoiding a looming default after the country’s Senate voted for a temporary increase in the debt limit.
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8 Oct 21
The National Bank of Poland has caught economists off guard by raising interest rates to stave off inflation risks.
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6 Oct 21
South Africa’s national bank has signalled that inflation risks mean that it is likely to raise interest rates.
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6 Oct 21
The Reserve Bank of New Zealand has raised its interest rate to help reduce soaring property prices.
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6 Oct 21
Ratings agency Moody’s has upgraded the outlook on India’s credit rating to stable from negative based on optimism about a reduction in the government deficit.
21 Oct 21Pressures unrelated to Covid-19 are likely to have a bigger impact on public finances than the huge debt taken on by governments to tackle the pandemic, according to analysis by the OECD.
21 Oct 21Brazil’s economy minister has said the country’s spending cap could be breached to allow the government to expand its welfare programme.
20 Oct 21A Swiss bank which made "tainted loans" for government projects in Mozambique has been fined $475m by UK and US authorities over "serious financial crime", and will also write off $200m of debt owed...
19 Oct 21The rise of digital currencies could leave the US less able to exert influence on global politics through imposing sanctions, a report by the country’s Treasury has claimed.
19 Oct 21Rich nations are being urged to channel their share of a recent liquidity boost from the International Monetary Fund to more vulnerable countries.
18 Oct 21Poland’s constitutional court ruling that Polish law takes precedence over EU laws has “meaningful risks to growth and governance” in the eastern European country, according to rating agency Fitch.
18 Oct 21The European Union’s budget rules on debt levels for member states are "nonsensical" and need to be updated, the head of the EU’s bailout fund has said, ahead of new reform efforts.
15 Oct 21The Algerian government wants to reform its expensive system of subsidies next year as it tries to cut its deficit.
15 Oct 21Japan’s new prime minister has set up a taskforce to reduce wealth disparities in a bid to create a “virtuous cycle of growth and distribution”, claiming market forces have left some people behind.
15 Oct 21Top economists have revised down Germany’s growth forecast for this year, due to manufacturing bottlenecks and the impact of Covid-19 on services.
14 Oct 21The G20 must “urgently” compel private sector lenders to commit to restructuring deals for the debts of crisis-hit countries, according to a debt campaigning organisation.
14 Oct 21The US Federal Reserve could begin winding down its additional bond purchasing programme as early as next month, as economic growth rises faster than expected.
14 Oct 21The International Monetary Fund has called for policymakers to be “vigilant” in the face of inflationary risk, and for them to be ready to tighten monetary policy faster than expected.
13 Oct 21The United Nations COP26 climate conference in Glasgow must be a turning point in the global fight to limit global warming and finance ministers need to play their part, the head of the UN has said.
12 Oct 21Debt problems faced by poorer countries require a “comprehensive” solution, the World Bank chief has said after publishing his organisation's latest review of debt statistics.
12 Oct 21The New Zealand government was able to post a much smaller deficit in its 2021 budget, due to a stronger than predicted economic rebound from Covid-19.
11 Oct 21The Australian Treasury has revealed it paid out $27bn (£14.6bn) in Covid-19 support payments to businesses that did not meet the criteria, but said it did not ask for the money back to protect the...
11 Oct 21Multinational companies will be subject to a tax of at least 15% on their profits from 2023 after major reforms of the international tax system were finalised by 136 countries.
8 Oct 21Ireland has dropped its opposition to global tax reforms and agreed to join an international framework on a minimum global corporation tax rate.
8 Oct 21The USA has moved closer to avoiding a looming default after the country’s Senate voted for a temporary increase in the debt limit.
8 Oct 21The National Bank of Poland has caught economists off guard by raising interest rates to stave off inflation risks.
6 Oct 21South Africa’s national bank has signalled that inflation risks mean that it is likely to raise interest rates.
6 Oct 21The Reserve Bank of New Zealand has raised its interest rate to help reduce soaring property prices.
6 Oct 21Ratings agency Moody’s has upgraded the outlook on India’s credit rating to stable from negative based on optimism about a reduction in the government deficit.
