Finance & Economics

OECD sees stronger world economy, but tensions are rising


Vienna Initiative Seeks New Growth Model to Drive Forward Innovation in Emerging Europe

The Vienna Initiative, which helped protect the banking system in emerging Europe during the global financial crisis, has now set its sights on a growth model for the region that drives forward innovation and boosts productivity. Its new approach aims...

Taxation: 3 jurisdictions removed, 3 added to EU list of non-cooperative jurisdictions

On 13 March 2018, the Council removed Bahrain, the Marshall Islands and Saint Lucia from the list and added the Bahamas, Saint Kitts and Nevis and the US Virgin Islands.

OSCE PA President Tsereteli stresses parliamentarians’ role in economic co-operation at Baku international conference

The OSCE’s economic and environmental activities are among its greatest successes, on March 13, OSCE Parliamentary Assembly George Tsereteli (Georgia) said at an international conference in Baku. Parliamentarians have a key role to play in favoring...

Taxpayers alerted against falsely inflated refunds in ‘Dirty Dozen’ list; Seniors, many others at risk

The Internal Revenue Service warned taxpayers to be alert to unscrupulous return preparers touting inflated tax refunds on Mar 12, 2018. These scam artists frequently prey on older Americans, low-income taxpayers and others with promises of big...

OECD unemployment rate stable at 5.5% in January 2018


Trump Blocks Broadcom Takeover of Qualcomm

U.S. President Donald Trump is blocking Singapore-based Broadcom, maker of computer and smartphone chips, from taking over U.S. chipmaker Qualcomm.

IMF Staff Completes 2018 Article IV Visit to Algeria

An International Monetary Fund (IMF) staff team led by Jean-François Dauphin visited Algiers from February 27 to March 12 to hold discussions for the 2018 Article IV consultation. Discussions focused on the mix of policies and reforms to restore...

IMF Executive Board Completes the 2017 Article IV Consultation with Lao People’s Democratic Republic

On February 26, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Lao P.D.R.

Economic expansion offers Israel opportunity to move toward a more inclusive society

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