Tag: Angel Gurría

Angel Gurría
Friday, July 10th 2015 - 08:07 UTC

Long term unemployed or low-paid becoming a major challenge for developed countries

”Time is running out to prevent the scars of the crisis becoming permanent, with millions of workers trapped at the bottom of the ladder,’ said Gurria

The financial crisis dealt a blow to the jobs and future prospects of many workers around the world, particularly in Europe. But while unemployment in Europe is now falling for the most part, deeper technological change is making it harder than ever for people to get out of the long-term unemployment or low-paid, insecure jobs they were plunged into by the crash, according to a new report by the Organization for Economic Co-operation and Development.

Friday, March 6th 2015 - 07:32 UTC

PM Cameron and Peña Nieto discuss agenda of bilateral and global issues

The Mexican president was received at Downing Street

British Prime Minister David Cameron welcomed President Peña Nieto of Mexico to Downing Street on Thursday afternoon as part of his State Visit to the UK.

Wednesday, November 26th 2014 - 10:30 UTC

OECD warns about Euro zone 'prolonged' stagnation with global impact

“We are far from being on the road to a healthy recovery. Japan has fallen into a technical recession,” OECD Secretary-General Angel Gurria said

Global economic growth in the coming two years is facing difficulties because of problems of recession in Japan and stagnation in the European economies and prospects for healthy growth “are stuck in low gear,” the Organization for Economic Cooperation and Development said on Tuesday.

Thursday, October 30th 2014 - 21:49 UTC

Fifty one countries sign 'milestone' accord against tax evasion

The accord will end banking secrecy as it has been known for decades, the finance minister, Germany's Finance minister Wolfgang Schäuble

Fifty one nations on Wednesday signed what was hailed as a milestone in the fight against tax evasion, an agreement that commits them all to automatic exchange of tax information starting in 2017. The accord capped a two-day meeting of officials from most of the 123 nations that have joined the Global Forum, which evolved from an agreement by Germany and Britain two years ago to crack down on tax evasion and tax fraud.

Saturday, February 22nd 2014 - 07:04 UTC

OECD warns global economy is threatened by a new low-growth era

Secretary General Gurria and Australian Treasurer Hockey presenting the report

A widespread slowdown in global economic productivity is threatening to usher in a new low-growth era, the Organisation for Economic Cooperation and Development has warned.

Thursday, November 21st 2013 - 07:02 UTC

US 'budget-debt ceiling' political clashes threaten slower world growth, warns OECD

”Gurria: The recovery is real, but at a slow speed, and there may be turbulence on the horizon”

The Organization for Economic Cooperation and Development, OECD, cut its forecast for global economic growth through next year and warned that fiscal and monetary policy decisions looming in the U.S. could derail the recovery. OECD said world economic output would expand 2.7% this year and 3.6% in 2014, down from May's forecast of 3.1% and 4%.

Monday, November 11th 2013 - 12:44 UTC

Despite Forbes/ JP Morgan, Bachelet guarantees continuation of 'Chilean economic miracle'

“From the perspective of a developed country, Michelle Bachelet’s program is completely mainstream” say economists and political analysts (Photo AP)

On the brink of Chile's presidential elections, 17 November, US business magazine Forbes has published an article warning voters that electing Michelle Bachelet of the Socialist Party (PS) would put an end to the Chilean “economic miracle.”

Saturday, June 15th 2013 - 04:06 UTC

Greeks and Spaniards move north in growing numbers looking for jobs, says OECD

“This is a brain-drain which has long-term consequences,” Gurria said.

Greeks and Spaniards are moving to northern Europe in growing numbers, the Organization for Economic Cooperation and Development (OECD) said this week, as soaring unemployment rates and fiscal austerity erode living standards in the south.

Wednesday, November 28th 2012 - 21:50 UTC

Chile and Mexico among the best performing members of OECD in next two years

Gurria has asked Mexican president elect Peña Nieto to implement much needed reforms

Chile and Mexico will manage to a great extent to avoid the negative prospects from OECD members in the next two years. The half year report from the Organization for Economic Cooperation and Development anticipates a serious weakening of activity in the Euro zone, the US and Japan, but the two OECD Latinamerican members as well as emerging power Brazil will have a contrasting performance.

Saturday, November 10th 2012 - 02:35 UTC

China forecasted to become world’s largest economy, ahead of the US in 2016

OECD Secretary General Gurria is also cautious about the report: “no forecasts set on stone”

China is projected to overtake the US to become the world's largest economy as early as 2016, according to a report by the Organization for Economic Co-operation and Development (OECD) released on Friday.

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