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Cannes Film Festival 2023
Recep Tayyip Erdogan
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The EU has a new deal on 'tax fairness'. This is how it will work.
CANNES FILM FESTIVAL 2023
RECEP TAYYIP ERDOGAN
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Hungary blocks EU deal on 15% minimum corporate tax
Budapest argues the new tax would deal a "low blow" for European competitiveness and put jobs at risk.
Europe's COVID recovery: economy bounces back but risks remain
Europe’s economy is on track for faster than predicted growth - but could a surge in covid cases and supply chain shortages jeopardise that recovery? In this episode, Real Economy speaks to the OECD’s chief economist, to ask if we have any reason for christmas cheer.
OECD warns Omicron variant could be a 'threat to economic recovery'
"The economic priority is the vaccine," said the OECD, warning that the recovery from last year's post-pandemic slump is running out of steam.
What is the global minimum tax deal and what will it mean?
In a momentous decision, 130 countries have agreed to set a global minimum on corporate tax at 15 per cent. But what does that mean in practice?
More than 130 countries agree on 15% global minimum corporate tax
From 2023, multinational corporations will have to pay taxes in countries where they operate - not just where they have their headquarters.
Blinken meets Macron in first U.S.-France summit since submarine deal
US Secretary of State held talks at the Organization for Economic Cooperation and Development in Paris.
The real reasons Ireland is against a 15% corporate tax rate | View
The arguments of the Irish government to oppose a global effort to reform the tax system are not convincing and might push Ireland farther away from the EU, argues Trinity's Dr Jim Charles Stewart.
Ireland, Hungary & Estonia opt out of tax deal and jeopardise EU unity
The three countries, which represent around 4% of the EU's GDP, did not sign up to a landmark OECD technical agreement to overhaul the global tax system.
OECD: 130 countries agree on minimum global corporate tax rate
130 countries have backed a global corporate tax rate but Hungary and Ireland were among a small group of countries that did not join the framework.
Report: US demands delay to proposed new EU digital tax
Documents seen by AFP show that US diplomats pressured EU member states to delay the plans, saying they could derail a global tax agreement.
The global minimum tax rate and what it means for multinationals
The G7 has come to a historic agreement on global corporate tax rates. But what does it mean for governments and multinationals?
The current plans for a new global digital tax are inadequate | View
As G7 finance ministers meet this weekend to discuss the proposals for a new global digital tax put forward by the OECD, it is hard not to feel defeatist, writes Anders Dahlbeck from ActionAid.
OECD: Much of Europe to take three years to recover from pandemic
Many of Europe’s economies are expected to take nearly three years to recover to pre-pandemic levels, despite global prospects improving as countries open up and roll out vaccination programmes.
Europe must speed up vaccine rollout to boost economy, says OECD
The Paris-based group warns that sluggish vaccine rollouts in Europe could see the economic recovery lag behind the likes of Israel, the US and the UK.
World economy 'to return to pre-pandemic levels' by 2022 — watchdog
OECD predicts a recovery in 2021, but warns it will depend on effective distribution and cooperation between countries on the coronavirus vaccines
Jobless rate to hit record this year in richest economies, says OECD
The average unemployment rate across the OECD is forecast to reach 9.4 per cent at the end of 2020, and remain stubbornly high at 7.7 per cent in 2021.
the global conversation
Coronavirus: "Throw everything you've got at it!" insists OECD chief
The Global Conversation speaks to OECD Secretary-General José Ángel Gurría.
COVID-19 economic impact to be 'unprecedented and long-lasting': OECD
The organisation forecasts a global recession of 6% in 2020 if the pandemic remains under control and of 7.6% if there's a second wave.
OECD: lowest global growth rate in a decade
The Organisation for Economic Cooperation and Development has cut its world forecast to 2.9% this year before a predicted 3.0% in 2020
German generosity to migrants highlighted in report
Among some of the world's richest countries, Germany is one of the most generous when it comes to granting permanent residency to migrants.