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OECD cuts world growth forecast, warns of Omicron threat

Agence France-Presse
Posted at Dec 01 09:28 PM

The OECD warned Wednesday that the Omicron coronavirus variant threatens the global economic recovery as it lowered the growth outlook for 2021. Read more »

OECD lowers global, US economic growth forecasts

Agence France-Presse
Posted at Sep 21 09:20 PM

The OECD warned Tuesday of an "uneven" global economic recovery as it lowered its 2021 growth forecasts for the world and the United States. Read more »

Price tag on the planet? Helping business value nature

Laure Fillon, Agence France-Presse
Posted at Sep 01 05:25 PM

Chemical-intensive agriculture, over-fishing, pollution and climate change are all pushing ecosystems to the brink of collapse. Read more »

Global minimum tax deal: What you need to know

Agence France-Presse
Posted at Jul 07 02:09 PM

Some 130 nations have agreed to what would be the biggest international tax reform in a generation to clamp down on big companies that are gaming the rules. Read more »

Global corporate tax overhaul faces rocky road to completion

Reuters
Posted at Jul 06 08:57 PM

A long road strewn with potential political pitfalls lies ahead for countries seeking to end a race to the bottom on international corporate tax, even though 130 of them have agreed to overhaul the way multinationals are taxed. Read more »

Bargaining over global tax enters key stage

Agence France-Presse
Posted at Jun 27 04:35 PM

Nearly 140 countries will haggle over key details of a global corporate tax plan this week, with some concerned about giving up too much and others eager to ensure tech giants pay their fair share. Read more »

COVID-19 lockdowns cause increase in alcohol intake: OECD

Kyodo News
Posted at Jun 06 02:47 PM

People drank more alcohol both in terms of amount and how often it was consumed during the initial coronavirus lockdowns across the world last year, according to an Organization for Economic Cooperation and Development survey. Read more »

EXPLAINER: What is a global minimum tax and what will it mean?

Leigh Thomas and David Lawder, Reuters
Posted at Jun 06 07:52 AM

Such a deal aims to end what US Treasury Secretary Janet Yellen has called a "30-year race to the bottom on corporate tax rates" as countries compete to lure multinationals.   Read more »

OECD sees higher world GDP growth but fears 'headwinds'

Eve Szeftel, Agence France-Presse
Posted at May 31 06:03 PM

The world economy will expand by 5.8 percent this year, up from a previous estimate of 5.6 percent, the Paris-based Organization for Economic Co-operation and Development said in a report. Read more »

EU eyes another go at more unified European business taxation

Jan Strupczewski, Reuters
Posted at May 18 08:35 AM

The European Commission wants to propose in 2023 a more unified way of taxing companies in the European Union, hoping that such rules, which have failed to win support in the past, will stand a better chance if they follow global OECD solutions expected this year. Read more »

Vaccine rollout, US stimulus boost global economic outlook - OECD

Leigh Thomas, Reuters
Posted at Mar 09 08:20 PM

The global economic outlook has brightened as COVID-19 vaccine rollouts speed up in some countries and the United States launches a vast new stimulus package, the OECD said on Tuesday, hiking its forecasts. Read more »

EU, UK envoys see better chance for global tax progress under Biden

Andrea Shalal, Reuters
Posted at Feb 09 10:03 AM

The British and EU ambassadors to Washington said on Monday they were encouraged by signs the Biden administration will re-engage in talks on reforming global tax rules for digital companies after discussions stalled under former President Donald Trump. Read more »

Google's war on all fronts over media, competition and tax

Vanessa Carronnier, Agence France-Presse
Posted at Oct 21 06:58 AM

Californian internet giant Google faces a growing list of battles around the world, from tussles in Europe and Australia over fair compensation for media outlets to competition probes on both sides of the Atlantic. Read more »

Virus cuts G20 GDP by record 3.4 percent in first quarter: OECD

Agence France-Presse
Posted at Jun 11 08:50 PM

Measures to curtail the coronavirus outbreak caused a 3.4 percent drop in GDP for the Group of 20 major economies in the first three months of 2020, the largest decline since records began in 1998, the OECD said Thursday.   Read more »

Global economy to shrink 6 percent in 2020 on virus pandemic: OECD

Kyodo News
Posted at Jun 10 08:35 PM

The global economy is projected to shrink 6.0 percent in 2020 from the previous year, the OECD said Wednesday, labeling the new coronavirus pandemic as the worst economic crisis since World War II.   Read more »

OECD cuts 2020 global growth outlook on coronavirus outbreak

Kyodo News
Posted at Mar 02 09:40 PM

The Organization for Economic Cooperation and Development on Monday lowered its forecast for global economic growth this year, citing the impact of the new coronavirus epidemic on the manufacturing and travel sectors. Read more »

How tech taxes became world’s hottest economic debate

Jim Tankersley, The New York Times
Posted at Jan 24 08:42 AM

The fight pits traditional allies against each other, with European countries like France, Italy and Britain clashing with the US over their plans to impose new taxes on digital services provided by companies like Amazon and Google. Read more »

6 in 10 Pinoy teens bullied in school: study

Katrina Domingo, ABS-CBN News
Updated as of Dec 14 04:08 PM

At least 6 in 10 Filipino students are being bullied regularly, a recent study showed, noting that the prevalence of bullying in Philippine schools is nearly 3 times higher compared to developed countries. Read more »

Mga mag-aaral na Pinoy, pinakamahina sa 79 bansa sa pag-intindi ng binabasa: PISA

Rose Carmelle Lacuata, ABS-CBN News
Posted at Dec 04 01:48 AM

Pinakamababa sa 79 bansa ang nakuhang marka ng mga Filipinong mag-aaral sa reading comprehension o pag-intindi sa binabasa, base sa resulta ng isang assessment na isinagawa ng Organisation for Economic Cooperation and Development (OECD). Read more »

Survey: Japanese firms continue to experience favorable business in PH

ABS-CBN News
Posted at Nov 22 11:55 PM

Local conglomerates paint a rosy picture of the Philippine economy despite a gloomy outlook from the Organization for Economic Cooperation and Development. Read more »