Finance & Economics | WPN World People News

After a weak performance in the first half of 2019, economic growth in Russia picked up in the third quarter to 1.7 percent, helped by monetary easing, faster public spending and some one-off effects according to the World Bank’s latest Russia Economic Report.

Donor countries must do more to bring development finance in line with climate goals, raising the share used for climate action and reducing to zero the amount that supports new fossil fuel activities, according to a new OECD report.

The Low Incomes Tax Reform Group (LITRG) has welcomed a commitment in the Conservative manifesto to ‘conduct a comprehensive review to look at how to fix’1 an injustice which means many low-income workers unfairly miss out on tax relief.

On 26-27 November, the 10th Anniversary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) in Paris will bring together more than 500 delegates from 131 member jurisdictions for renewed discussions on efforts to advance the tax transparency agenda.

The Internal Revenue Service on November 26 issued guidance for business travelers, updated to include changes resulting from the Tax Cuts and Jobs Act (TCJA).

Note: Growth rates presented in this chart are based on data with more than one decimal.

Rising income inequalities in OECD countries over the past two decades have hit vulnerable children hard, making it less likely they will fulfill their economic and social potential later in life, according to a new OECD report.

As part of a UNDP-led green renovation project, technicians install solar panels at a police academy in Rajaf, South Sudan.