oecd
Organization for Economic Cooperation and Development (OECD) member states paid out more aid than ever before, partly as a result of the war in Ukraine, the Paris-based organization reported on Thursday. Aid flows totalled $223.7 billion in 2023, up from $211 billion in 2022 and were a third above the 2019 level. The increase reflected the additional aid provided since 2019, related to the Covid-19 pandemic and Russia's war of aggression against Ukraine, the OECD said. The largest contributors were the United States, Germany, Japan, Britain and France. "Donor countries have provided a record l...
DPA Breaking News
The Organization for Economic Co-operation and Development (OECD) will open accession talks with Indonesia, it said on Tuesday. OECD secretary-general Mathias Cormann said the decision was historic, with Indonesia's application the first from Southest Asia. "As the largest economy in Southeast Asia and the world’s third largest democracy, Indonesia is a significant global player, providing important leadership across its region and beyond" he said. "The decision to open accession discussions will benefit both Indonesia and the OECD." Indonesia has been working with the OECD since 2007. In 2014...
DPA Breaking News
Diese düstere Vorhersage wurde von der OECD in ihrem wirtschaftlichen Zwischenbericht vom Februar 2024 "Stärkung der Wachstumsgrundlagen" gemacht. Der Zwischenbericht befasst sich mit den globalen Wirtschaftsaussichten und den Inflationsprognosen für 2024 sowie mit anhaltenden geopolitischen Risiken wie Handelsunterbrechungen durch den Konflikt am Roten Meer. Auswirkungen des Lockdown auf die Bildung der Kinder könnten das Wachstum bremsenZwischen 2018 und 2022, also in den Jahren, in denen sich die Pandemie ausbreitete, kam es zu einem noch nie dagewesenen Rückgang der Ergebnisse von Mathemat...
Euronews (German)
The bleak prediction was put forward by the OECD in its February 2024 interim economic outlook: "Strengthening the Foundations for Growth." The interim report looks at the global economic outlook and inflation forecasts for 2024, as well as ongoing geopolitical risks such as trade disruptions from the Red Sea conflict. Lockdown impact on children's education could slow growthThere was an unprecedented drop in mathematics and reading test scores amongst 15-year olds between 2018 and 2022, the years spanning the pandemic, the report revealed, citing the OECD's 2023 global Performance for Interna...
Euronews (English)
The Organization for Economic Co-operation and Development (OECD) on Monday revised its growth forecast for the German economy downwards for this year, and now predicts growth of 0.3%. The OECD also slightly lowered its growth forecast for the eurozone as a whole to 0.6% for 2024, citing tight credit conditions. For 2025, the OECD now forecasts gross domestic product (GDP) growth of 1.1% in Germany and 1.3% in the eurozone. The OECD had previously forecast in November economic growth in Germany of 0.6%. The OECD expected global economic growth to weaken overall compared to 2023, forecasting gl...
DPA Breaking News
厚生労働省はこのほど、OECD「スキルレビュー」報告書公表イベントを開催した。国内外の研究者が日本の...
労基旬報
Paris (AFP) - The world economy will take a bigger hit than previously forecast next year due to the effects of Russia's war in Ukraine, the OECD said Monday. In a bleak report titled "paying the price of war", the Paris-based organisation noted that the conflict aggravated inflationary pressure when the cost of living was already rising quickly. "The world is paying a very heavy price for Russia's aggression against Ukraine," OECD Secretary-General Mathias Cormann said in a news conference. "Households and firms are suffering as costs rise and purchasing power is taking a hit," Cormann said. ...
AFP
U.S. inflation reached a whopping 7.9% in February, the highest in almost four decades. At this stage, several causes have been weighed from different political fronts, but government spending is the main culprit, according to a new study by the Federal Reserve Bank of San Francisco. U.S. Inflation CausesQ4 2021 hedge fund letters, conferences and more The government’s spending agenda has included a massive $6 trillion in relief measures to dampen the economic effect of supply chain issues, lockdowns, and unemployment, all related to the Covid health crisis. Out of this amount, lawmakers appro...
ValueWalk
Most G20 economies are currently recovering, and they will need to establish the circumstances for strong, resilient, and inclusive economic development in the future, which will be critical in maintaining government finances, according to the OECD. Governments’ measures to adapt to these changes often include tax policy. Q3 2021 hedge fund letters, conferences and more Finance ministers from 20 of the world's largest economies agreed on Saturday to set a minimum tax rate of 15% on corporate income and to restructure how some taxes are collected to reflect the modern digital economy, advancing...
ValueWalk
Washington (AFP) - US Treasury Secretary Janet Yellen said Sunday she was "confident" Congress would pass legislation to implement a global tax agreement in the United States enacting a minimum international tax on big corporations. The OECD-brokered deal, which sets a global tax of 15 percent, is aimed at stopping international corporations from slashing tax bills by registering in nations with low rates. "I am confident that what we need to do to come into compliance with the minimum tax will be included in a reconciliation package," Yellen told ABC's "This Week," referring to the federal bu...
AFP
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