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The Latest Breaking News from OECD

Australia’s economy was the envy of the world. Now it’s falling behind

After record-breaking streak of growth, Australia is lagging behind its peers amid cost-of-living and productivity woes.

Al Jazeera

What is ‘waste colonialism’ and why has Thailand banned imports of plastic?

China had taken in nearly half of the world’s plastic waste since 1992 until it imposed an import ban in 2018.

Al Jazeera

UK low- to middle-income families far poorer than OECD counterparts – study

Britons 39% worse off than Dutch equivalent due to housing costs 44% higher than western European average

The Guardian - UK

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US Tariffs Unlikely To Have 'Significant' Inflation Impact: Fed Official

The effect of new tariffs under consideration by US President-elect Donald Trump is unlikely to be "significant or persistent," a senior Federal Reserve official said Wednesday.

International Business Times

In 2025 and beyond, schools need to teach more than just ‘the basics’

In Roman mythology, Janus was the god of doors, gates and transitions. Able to see in two directions, Janus was associated with passages, beginnings and endings.

The Conversation

UK teenage girls outdrink boys by widest margin in Europe, study finds

More than a third of 15-year-old girls and less than a quarter of boys in UK say they repeatedly get drunk, OECD says

The Guardian - UK

ECB faces tough task after flip in fortunes for eurozone economies

Economists say EU countries hardest hit by 2010s debt crisis now in stronger position than France and Germany

The Guardian - UK

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Is university worth it? Yes, for both students and society

As we enter the holiday season many young people are no doubt beginning to consider their future options. With a range of paths to pursue, a high rate of youth unemployment in Canada and a higher education sector facing unprecedented challenges it may seem logical to wonder if university is…

The Conversation

How to teach climate change so 15-year-olds can act

OECD’s Pisa program will measure the ability of students to take action in response to climate anxiety and ‘take their position and role in the global world’

The Guardian - AU

Indonesia’s BRICS agenda: 2 reasons Prabowo’s foreign policy contrasts with Jokowi’s

Indonesia’s decision to pursue membership in BRICS – an emerging economy bloc comprising Brazil, Russia, India, China, and South Africa – signals that President Prabowo Subianto is steering foreign policy in a direction contrasting with his predecessors.

The Conversation

Why has DRC filed criminal charges against Apple over ‘conflict minerals’?

Democratic Republic of the Congo says tech giant has been using controversial minerals from sub-Saharan Africa.

Al Jazeera

NHS spends £14.7bn a year treating patients in England hurt by care mistakes, says report

Experts from Imperial College London cite ‘alarming declines’ in 12 key metrics of patient safety

The Guardian - UK

Norway to end international finance for fossil fuel projects in COP26 legacy

Norway, a major oil & gas-producing nation, fulfills Clean Energy Transition Partnership (CETP) pledge made a year ago at COP28 climate summit…

The National (Scotland)

England has highest proportion of ‘overqualified’ adults, report finds

The British university system has been accused of ‘overextending itself’

The Independent UK

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Evening Standard

England has highest proportion of adults ‘overqualified’ for their jobs – report

The OECD study assesses the literacy, numeracy and problem-solving skills of adults from 31 countries and economies.

Fortune

Tokyo is turning to a 4-day work week in a desperate attempt to help Japan shed its unwanted title of ‘world’s oldest population’

Tokyo earlier this year introduced a government-sponsored dating app to help people find partners.

AAP

Are you better off: question at heart of next election

The opposition says excessive government spending is trashing the economy, but Labor says coalition cuts would just make it harder for households.

International Business Times

OECD Warns Of Protectionism Weeks Before Trump Return

The OECD warned Wednesday that protectionist trade measures pose a major risk to disrupting the world economy, just weeks before Donald Trump is set to return to the White House.

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The Independent UK

UK interest rates ‘to fall more slowly’ after tax rises and spending hikes in Rachel Reeves’ Budget

Influential Organisation for Economic Co-operation and Development also warns ‘risks and uncertainties high’ for global economy

Evening Standard

UK interest rates to fall more slowly than expected after Budget – OECD

The global economics body also increased its GDP forecast for next year on the back of higher public spending from the Budget.

The National (Scotland)

Donald Trump's tariffs could hit UK goods trade as hard as Brexit, experts warn

DONALD Trump’s threatened tariffs could hit UK trade with the US as badly as Brexit affected trade with the EU, a leading think tank has said ...

Evening Standard

Trump tariffs could hit UK goods trade as hard as Brexit, says think tank

The Resolution Foundation urged the Government to pursue an EU-focused trade policy, despite the threat of tariffs from the US.

TechRadar

AI reckons it can do all jobs, even those thought previously 'safe'

Previously only capable of tackling repetitive admin work, AI is increasingly capable of doing your boss’ job.

The Independent UK

Greenpeace activists board tanker demanding cut in plastic production

Activists scaled ship’s mast, painted ‘PLASTIC KILLS’ on the side of the vessel, and set up tents to sustain their protest

The Independent UK

Tens of thousands protest in Barcelona against housing crunch and high rents

Rental prices have been driven up by short-term renters including tourists

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