Tag: Organization for Economic Cooperation and Development, OECD

Organization for Economic Cooperation and Development, OECD
Tuesday, October 6th 2015 - 09:56 UTC

OECD has proposals to cut corporate tax minimization; but much skepticism

Osborne's plan to cut corporate tax rates means UK was embroiled in a “race to the bottom” of tax competition rather than tax co-operation with its neighbors

Companies should pay tax in the countries where they conduct business under new proposals intended to cut corporate tax minimization. An OECD/G20 report found laws allowing companies to shift profits to low-tax jurisdictions means that between $100bn and $240bn is lost annually. That equates to between 4% and 10% of global corporate tax revenues.

Friday, July 31st 2015 - 06:25 UTC

Former Fed chief says discussion is not monetary policy but government spending

“To me the discussion today shouldn’t be on monetary policy it should be on how do we constrain this extraordinary rise in entitlements” said Greenspan

Former Federal Reserve Chairman Alan Greenspan warns that government spending “extremely dangerous” to the future of the US economy. Greenspan decried a rise in entitlement costs, which he contended have pressured the U.S. economy.

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.

Tuesday, December 9th 2014 - 07:52 UTC

Wealth redistribution and inequality at its highest in OECD countries

“Countries that promote equal opportunity for all from an early age are those that will grow and prosper”, said OECD chief Gurría

The Organization for Economic Cooperation and Development (OECD) has found that the divide between the richest 10 percent and poorest 10 percent in many of the world's wealthiest countries - including Germany, US and UK - has been growing. In a report released Monday, OECD said that this, in turn, had caused growth to slow.

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.

Wednesday, October 8th 2014 - 22:23 UTC

Australia's capital Canberra, the best place in the world to live, says OECD

If Sydney is brash and bold, and Melbourne is cool and classy, then Canberra, at least in the Australian public imagination, is dull and devoid of soul.

The Australian Capital Territory of Canberra in Australia is the best place in the world to live, according to a report by the Organization for Economic Cooperation and Development (OECD). Canberra led the regional ranking while Australia topped the overall country rankings, followed by Norway.

Monday, August 11th 2014 - 22:19 UTC

Leading economies showing overall steady growth trend, says OECD

The figures for Germany suggest that growth was losing its vigor, whereas in Italy the data continues to indicate a positive growth momentum.”

Leading economies are showing a steady growth trend overall, although Britain is doing particularly well and Japan and Germany are showing signs of losing pace, the OECD (Organization for Economic Cooperation and Development) said on Monday.

Wednesday, February 26th 2014 - 06:50 UTC

How much does the taxman take, according to PWC and OECD?

European countries among the heaviest taxed but the government provides

Tax rates do vary dramatically depending on which country you live in. The accountancy firm PricewaterhouseCoopers (PWC) has crunched the numbers for the G20 nations. For each country, they calculated how much a high earner on a salary of $400,000 (£240,000) in 2013, with a mortgage of $1.2m (£750,000), would have left after all income tax rates and social security contributions.

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%.


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