Tag Archives : OECD

The G20 ‘agreed that all subsidies that encourage wasteful consumption must go.’ The G20 is composed of 19 countries plus the European Union and international financial institutions. This group accounts for 80 percent of greenhouse-gas emissions, also because of fossil fuel subsidies that do not augur well for the fight against climate change [...]

The Organization for Economic Co-operation and Development (OECD) has come up with disturbing figures about the job market. The global recession could still cost the jobs of nearly 25 million people. Although there was positive signs of recovery in 30 member countries, recession is still the toll on many lives. According to OECD, already approximately [...]

Central banks across the world have issued a warning that the British economy is headed towards a relapse into another recession. The indicators are palpably threatening and will most likely endanger a sustained recovery. Bank lending is still in dry spell. The Bank of England confirms that the country’s banks and other financial institutions still [...]

When William Wallace, portrayed by Mel Gibson in the film ‘Braveheart,’ screamed “Freedom!” moments before he was decapitated, one can’t help but notice that the cause which the national hero of Scotland fought for is no different from the freedom causes that others likewise died fighting for, and still some are fighting for to this day. Wallace [...]

The Secretary General of the Organization for Economic Cooperation and Development (OECD), Angel Gurria, has announced that Costa Rica, Philippines, Malaysia, and Uruguay are no longer on the ‘blacklist’ of tax havens after these countries have committed themselves to collaborate with international standards on bank information disclosure. The [...]