OECD: Fuel subsidies outstrip cash needed to fight climate change

2015-09-21 22:10

Considerably more government money has been invested worldwide in subsidies for fossil fuels than would be needed to fight climate change, according to a study released by the Organisation for Economic Co-operation and Development.

SA must raise tax on rich to lift revenue - OECD

2015-07-17 13:22

SA should increase taxes on wealthier individuals to help boost revenue for the nation’s growing demands, says the Organisation for Economic Co-operation and Development.

OECD, 'rich nations' club' turns into 'do-tank'

2015-06-02 19:45

The Organisation for Economic Cooperation and Development, derided as a "rich nations' club" has redefined itself as the go-to resource for economic analysis.

G20 must focus on productivity to boost growth

2015-02-09 16:15

The world's 20 biggest economies must focus on higher labour productivity and become more innovative if they want to boost economic growth, says the OECD.

Reducing inequality will help growth - OECD

2014-12-09 19:45

Moves by national governments to reduce inequality between their rich and poor citizens will help to lift economic growth, says the OECD.

Plans to crack down on corporate tax avoidance

2014-09-16 16:53

Plans for rewriting international tax rules could eliminate structures that have allowed companies like Google and to shave billions of off tax.

Iraq oil supplies not at risk- IEA

2014-06-13 16:40

A lightning advance across northern Iraq has rekindled concern on oil markets, but the IEA cautions that supplies from Iraq may not be at immediate risk.

Bad loans threaten India's recovery - OECD

2014-05-06 11:52

India's economy will likely make a gradual recovery this year, but rising bad loans at its banks threaten to choke the recovery, says the OECD.

Health spending growth slows - OECD

2013-11-21 16:47

Poor people in countries hardest hit by the financial crisis are at risk of longer-term problems due to reduced access to medicines and check-ups.

World must burn less fossil fuel

2013-10-09 20:58

The world must eliminate emissions from burning fossil fuels in the second half of this century to lower the economic cost of climate change, the OECD says.


Nene: SA must urgently solve energy crisis

2015-07-17 14:06

South Africa needs to urgently resolve its energy crisis to boost the struggling economy, says Finance Minister Nhlanhla Nene.

Rich nations in stalemate over coal subsidy

2015-06-12 20:00

Talks on phasing out a form of coal subsidies have ended in stalemate as Japan, the biggest user of the aid, led calls for more time.

Fossil fuel export funding dwarfs green spend

2015-03-30 14:07

Rich nations provided around five times as much in export subsidies for fossil-fuel technology as for renewable energy over a decade, according to OECD data seen by Reuters.

Matric mystery: What happens to all the girls who get bachelor passes?

2015-01-20 14:05

Girls with bachelor passes are flooding into higher education - so why don’t they end up in jobs? News24 finds out more.

European banks' political defences challenged

2014-09-17 10:00

For the first time since its financial crisis struck in 2008, Europe is carrying out stress tests that could force change at banks with political connections.

OECD slashes growth forecasts

2014-09-15 15:15

The OECD has slashed its growth forecasts for major developed economies, urging more aggressive ECB stimulus to ward off deflation in a subdued eurozone.

More countries join clampdown on bank secrecy

2014-05-06 16:04

Switzerland and Singapore have joined the ranks of countries agreeing to share tax information in a major step towards restriction of bank secrecy, says the OECD.

Budget could tackle foreign tax avoiders

2014-02-25 22:24

Changes in the tax system to combat profit shifting are widely expected amid a heated debate around multinational firms such as Google avoiding tax in SA.

IEA focuses on energy-hungry Brics

2013-11-21 10:39

The International Energy Agency and six major emerging countries say they are exploring closer co-operation to boost market transparency and energy security.

Europe's youth continue struggle for jobs

2013-07-16 14:00

Young people in many European countries will continue to struggle for jobs as unemployment in the eurozone is set to hit a record 12.3% in 2014, the OECD says.

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