The global economy has proved resilient and inflation has declined, but any widening of the conflict in the Middle East could increase price pressures and dampen growth.
Tag: Organization for Economic Cooperation and Development
Math Scores Dropped Globally, but the U.S. Still Trails Other Countries
In a global exam for 15-year-olds, only a handful of places, including Singapore, Japan and Australia, kept math performance high through the pandemic.
Women in Iceland Go on Strike Against Gender Inequality
Organizers urged women and nonbinary people to stop all work on Tuesday. Even the prime minister said she would take part.
How Omicron Could Knock Economic Recovery Off Track
The latest zigzag in the pandemic has already curtailed travel, but its broader impact on growth and inflation isn’t likely to be known for several weeks.
Biden Finds Raising Corporate Tax Rates Easier Abroad Than at Home
As the Group of 20 seals a new global minimum tax for companies, the president has scaled back his plans to tax U.S. corporations more.
Global Tax Agreement Will Set 15% Minimum Rate
More than 130 countries agreed to set a minimum tax rate of 15 percent as governments look to end a race to the bottom on corporate taxation.
A Global Deal Aimed at Ending Tax Havens Gains Momentum
Negotiators are coalescing around a 15 percent minimum tax rate, which could be announced at a Friday meeting.
Blinken, in Paris, Tries to Restore Trust After Submarine Snub
The American secretary of state met privately with the French foreign minister for more than an hour. But French anger remained palpable, even as both sides tried to move on.
House Bill Raises Chance for Global Pact to Curb Corporate Tax Havens
Several big details remain to be worked out before an international October deadline.
U.K. to Halt Subsidies for Fossil Fuel Projects Abroad
Prime Minister Boris Johnson has been positioning himself as a leader in fighting global warming, an area where he can make common cause with President-elect Joseph R. Biden Jr.