Organization For Economic Cooperation And Development

14 results

The Organisation for Economic Co-operation and Development warned that protectionism continued to drag on global trade. Photograph: iStock
Euro zone economic confidence slips for 11th straight month

Euro zone economic confidence slipped for an 11th straight month, further damping expectations that the currency bloc would rebound from a sharp growt(...)

10 monkeys and a rigged Beetle: Inside VW’s campaign for ‘clean diesel’

In 2014, as evidence mounted about the harmful effects of diesel exhaust on human health, scientists in an Albuquerque, New Mexico, laboratory conduct(...)

Mayor Jose Antonio Rodriguez Salas checks his smartphone at his office in Jun, Spain. Salas claims he has shaved an average of 13 per cent off the town’s budget every year since 2011, thanks to the extensive use of Twitter, and created a digital democracy where residents interact online almost daily with town officials. Photograph: Laura Leon/The New York Times
The Spanish town where Twitter reigns

When José Antonio Rodríguez Salas’s daughter Martina was born in April, he turned to social media to share the news. However Rodríguez Salas, the may(...)

Cranes next in the financial district of the City of London. Britain on June 23rd will vote in a referendum whether to stay or to leave the European Union. Photograph: Hannah McKay/EPA
UK economy loses momentum in first quarter

The UK economy lost momentum in the first quarter as services posted their weakest performance for almost a year and industrial production continued (...)

In its review of Ireland, the OECD said on Monday that the Irish economy is projected to continue its strong expansion in the next two years.
OECD upgrades Irish GDP forecasts for 2015/2016

The OECD increased its growth forecast for Ireland on Monday, noting that the economy will continue its strong expansion in the next two years, as it(...)

Low inflation has put European Central Bank (ECB) President Mario Draghi back to where he was a year ago: considering once again if he needs to do more to pump up price growth. (Photograph: MOURAD BALTI TOUATI/EPA)
Mario Draghi can’t catch a break

Mario Draghi can’t catch a break. After overcoming a recession, Greece’s debt crisis and a damaged financial system, the European Central B(...)

The timing of Grifols’s move to Dublin has raised eyebrows, coming only about a week after the Irish government announced a new business-friendly corporate tax category, and in the same month as the OECD’s BEPS guidelines.
Grifols’ move to Ireland hits tax and political buttons

One part of the move had been long in the works by Grifols, a big Spanish medical company. The other came as a politically fraught surprise. When Gri(...)

Starbucks, Fiat, Apple and Amazon may be the tip of the iceberg after revelations of widespread use of sweetheart tax deals hit the headlines last year
EU to make Starbucks, Fiat pay €30m each in back taxes

Starbucks and Fiat Chrysler must each pay as much as €30 million in back taxes after the European Union said they were handed illegal fiscal deals by (...)

Excluding food and energy, the annual inflation rate across the OECD stood at 1.6 per cent for the third consecutive month
Inflation remains flat across OECD membership

Global inflation rates remained flat during the year to June, according to new figures compiled by the Organization for Economic Cooperation and Devel(...)

An elderly woman collects cardboard boxes in Hong Kong, China. Hong Kong will have the highest share of population aged 65 years and over in Asia by 2050, outpacing Japan. (Photograph: Jerome Favre/Bloomberg)
In Hong Kong, grandma has to find a job

Eighty-six years old and still job hunting. Wong Siu-ying had to stop passing out leaflets on a Hong Kong flyover when she hurt her knee in August. Wi(...)

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