Tag: Organisation for Economic Co-operation and Development (OECD)

• Friday, June 1st 2018 - 07:45 UTC

  Global expansion in 2018/19 expected to hover near 4%, forecasts OECD

  

  The global economy is experiencing stronger growth, driven by a rebound in trade, higher investment and buoyant job creation, and supported by very accommodative monetary policy and fiscal easing, according to the OECD’s latest Economic Outlook.

• Thursday, March 22nd 2018 - 22:22 UTC

  Bank of England leaves rates unchanged for now, waiting for more Brexit data

  

  The Bank of England signaled on Thursday that it remains on course to lift interest rates in Britain this year and next, as figures showed a yearlong squeeze on consumers caused by a steep fall in the pound appears to be coming to an end.

• Wednesday, October 18th 2017 - 07:21 UTC

  OECD suggests “reversing the Brexit process” would boost the UK economy

  

  Reversing the Brexit process would boost the UK economy, the international economic body, the OECD has said. A new referendum or a change of government leading to the UK staying within the EU would have a “significant” positive impact on growth, the OECD said.

• Sunday, June 18th 2017 - 16:06 UTC

  Ambassador Kent: “Bilateral ties improving but Falkland islanders will define their own future”

  

  The British ambassador to Argentina, Mark Kent, underlined the United Kingdom's intentions to “improve” bilateral relations and admitted a meeting between President Mauricio Macri and Prime Minister Theresa May within the framework of the G20 was possible. However, he made it clear that with regards to the Falkland Islands question “the islanders have the right to define their own future.”

• Wednesday, December 7th 2016 - 11:38 UTC

  PISA global education survey has mostly Asian countries in the top ten

  

  Singapore has come top of the class in the Organisation for Economic Co-operation and Development's (OECD) latest global education survey, with the Asian city-state's students the highest performing in tests on basic academic skills. Japan came in second in the OECD's survey, followed by Estonia, Taiwan and Finland. Japan and Canada, which came seventh, G7 nations fell lower in the data.

• Wednesday, December 7th 2016 - 11:05 UTC

  Argentina excluded from OECD PISA academic tests: information deemed “insufficient”

  

  Argentina has not been included in the Organization for Economic Cooperation and Development’s ranking of education quality because the information provided by the country was deemed insufficient. The OECD-designed PISA test evaluates the academic performance of 15-year-olds in 71 countries around the world in math, science and reading comprehension. It’s been conducted every three years since 2000.

• Tuesday, November 29th 2016 - 08:21 UTC

  OECD optimistic about global growth; anticipates strong performance of Argentine economy next year

  

  Fiscal initiatives could boost global economic growth, the Organization for Economic Cooperation and Development (OECD) said Monday in its semi-annual economic forecast. The Paris-based think tank predicted a global gross domestic product (GPD) growth rate of 3.3% in 2017, a figure that remained unchanged from its last outlook released in June.

• Friday, July 29th 2016 - 13:40 UTC

  Kuczynski pledges to modernize Peru and a “social revolution” to fight poverty, racism and corruption

  

  Pedro Pablo Kuczynski took office as Peru's president on Thursday, asking the opposition-controlled Congress to help him fight income inequality and ensure all Peruvians have access to running water, health care and free primary education.

• Tuesday, July 5th 2016 - 07:21 UTC

  OECD-FAO forecasts agriculture prices will remain relatively flat overall in next decade

  

  The recent period of high agricultural commodity prices is most likely over, say the OECD and FAO in their latest 10-year Outlook. But the two organizations warn of the need to be vigilant as the probability of a major price swing remains high.

• Tuesday, November 10th 2015 - 06:17 UTC

  OECD lowers global growth estimate; sharp downturn in emerging markets

  

  A further sharp downturn in emerging market economies and world trade has weakened global growth to around 2.9% this year – well below its long-term average – and is a source of uncertainty for near-term prospects, the Organization for Economic Co-operation and Development (OECD) said on Monday.