The impact will be unbalanced, with the biggest toll coming in Europe and North America, two regions expected to face painful slowdowns and a continued high cost of living and […]
Organization for Economic Cooperation and Development
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Back to news homeHow Omicron Could Knock Economic Recovery Off Track
LONDON — This week, Marisha Wallace finally had to admit that her planned five-day ski holiday in Switzerland in mid-December was not salvageable: The Swiss government’s sudden decision to impose […]
Global Tax Agreement Will Set 15% Minimum Rate
More than 130 nations agreed on Friday to a sweeping overhaul of international tax rules, with officials backing a 15 percent global minimum tax and other changes aimed at cracking […]
A Global Deal Aimed at Ending Tax Havens Gains Momentum
People with knowledge of the negotiations said that while the 15 percent rate was essentially a done deal, some of the world’s biggest countries continued to battle for exemptions to […]
Uneven Global Vaccination Threatens Economic Rebound, O.E.C.D. Warns
China, the world’s second-biggest economy, was forecast to grow 8.5 percent this year, before slowing to a 5.8 percent pace in 2022. Asked about the impact from the potential collapse […]