Tag: Organization for Economic Cooperation and Development, OECD

Wednesday, September 20th 2023 - 13:18 UTC
UK will have the highest inflation this year among G7 members, OECD report

Growth in the global economy is expected to remain “sub-par” next year, according to the Organization for Economic Cooperation and Development (OECD) which cut its forecast for 2024 from 2.9% to 2.7% on Tuesday.
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Tuesday, August 29th 2023 - 10:02 UTC
Brazil: Temporary tax on the super-rich enacted

Brazilian President Luiz Inácio Lula da Silva Monday enacted a provisional measure (MP) providing for the collection of taxes of between 15% and 20% on exclusive funds with a single shareholder, Agência Brasil reported.
Wednesday, April 12th 2023 - 10:23 UTC
Chilean Deputies approve working week reduction

Chile's Lower House Tuesday approved by 127 votes in favor to 14 against and 3 abstentions a working week reduction from 45 to 40 hours to be implemented gradually over the next five years, provided or when President Gabriel Boric Font signs into law the bill already greenlighted by the Senate.
Friday, October 11th 2019 - 09:50 UTC
Strong US support for Argentina to join OECD, but Brazilian access process will be slower

U.S. President Donald Trump and his top diplomat said on Thursday they supported Brazil’s taking steps toward joining the Organization for Economic Cooperation and Development (OECD), although it is first backing accession by Argentina.
Tuesday, May 14th 2019 - 09:08 UTC
Inequalities in UK threatening democracy, says the Institute for Fiscal Studies

Inequalities in pay and opportunities in the UK are becoming so extreme they are threatening democracy, an Institute for Fiscal Studies study has said. The think tank warns of runaway incomes for high earners but rises in “deaths of despair”, such as from addiction and suicide, among the poorest.
Friday, April 26th 2019 - 02:26 UTC
Robots and computers will deeply transform 32% of current jobs, OECD says

Robots and computers threaten 14% of existing jobs over the next 20 years, so countries must retrain workers for a transformed labour market, the OECD warned on Thursday.
Tuesday, April 9th 2019 - 06:30 UTC
France approves tax on digital giants: defends fiscal sovereignty and honored to break ground

French lawmakers on Monday approved a new tax on digital giants such as Facebook and Apple that has angered the United States, with Finance Minister Bruno Le Maire boasting that France was proud to be in the vanguard of such a move.
Saturday, May 26th 2018 - 08:16 UTC
Colombia invited to join OECD; third Latin American member with Mexico and Chile

The Organization for Economic Cooperation and Development (OECD) announced on Friday that Colombia would be officially invited to join the group. The Paris-based economic organization was founded in 1961 and has traditionally included industrialized nations, though in recent years it has extended its membership to emerging economies.
Wednesday, November 1st 2017 - 08:46 UTC
Argentina unveils plan to slash corporate income taxes to promote investment

Argentina plans to cut corporate income taxes to 25% by 2021 for companies that reinvest profits, it said on Tuesday, part of a wide-reaching tax reform bill intended to accelerate investment in Latin America's no.3 economy. The bill, which would slash taxes for companies willing to reinvest in Argentina from 35%, will be sent to Congress in the coming days, Treasury Minister Nicolas Dujovne said.
Monday, September 19th 2016 - 11:50 UTC
Uruguay, Chile and Costa Rica with 60% household internet penetration

The State of Broadband 2016 report, released by the Economic Commission for Latin America and the Caribbean shows that 43.4% of all households in the region were connected to the Internet in 2015, nearly doubling the figure from 2010.