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The Latest Breaking News from OECD

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.

AAP

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.

International Business Times

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

The Independent UK

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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.

Evening Standard

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 ...

The National (Scotland)

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.

Evening Standard

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.

TechRadar

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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

The Independent UK

Survival rates in UK for two lethal cancers lower than in comparable countries, research shows

Experts say UK ‘lags behind’ as OECD finds poor outcomes for many diagnosed with colon and lung cancers

The Guardian - UK

More than one in four premature deaths in UK ‘will be due to cancer by 2050’

A new study warned that the ‘current trajectory of cancer costs is unsustainable’.

The Independent UK

BlackRock accused of contributing to climate and human rights abuses

OECD complaint alleges top firm has increased investments in companies implicated in environmental devastation

The Guardian - US

In a global nursing shortage, NZ’s reliance on overseas-trained staff is not sustainable

The global shortage of trained nurses has been described as a health emergency by the International Council of Nurses.

The Conversation

‘The fatigue is not only real, it is absolutely legitimate’: why are so many of us so tired right now?

There are reasons why in workplaces, homes, shops and schools there’s a sense that much of Australia is running on empty

The Guardian - AU

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International Business Times

Legal Migration To OECD Reaches New Record In 2023

Migration to richer countries reached a record level for the second year running in 2023, the OECD said on Thursday, reflecting demand for foreign labour and gaps in the workforce left by ageing populations.

The Conversation

Indonesia president’s diplomatic dash takes in China and US − but a Trump presidency may see the aspiring regional powerhouse tilt more toward Beijing

It’s been a whirlwind week for Indonesian president Prabowo Subianto. On Nov. 9, he was breaking bread with Chinese leader Xi Jinping; three days later he was sitting down with President Joe Biden in the White House. In between, Subianto found time to reach out to Donald Trump to congratulate…

The Independent UK

Britain sees biggest migration spike of any advanced economy despite Brexit

Brexiteers repeatedly claimed leaving the European Union would see net migration to the UK come down

Evening Standard

Britain granted visas to more foreign students than America and saw 172% increase in new refugees last year

Britain handed out 457,673 sponsored study visas in 2023, compared to some 442,000 given to pupils from abroad by US authorities

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The Conversation

Countries spend huge sums on fossil fuel subsidies – why they’re so hard to eliminate

Fossil fuels are the leading driver of climate change, yet they are still heavily subsidized by governments around the world.

The Conversation

‘A woman is not a baby-making machine’: a brief history of South Korea’s 4B movement – and why it’s making waves in America

In South Korea, a growing number of young women are rejecting societal expectations of marriage, motherhood and heterosexual relationships, known as the “4B Movement” or the “4 Nos”.

Newcastle Herald

Nurses are needed, so just pay them properly already

Readers have their say on the issues of the day.

Bored Panda

“We Don’t Need Them. They Need Us”: 64 Of The Best Anti-Capitalist Posts (New Pics)

From measly pay, to long working hours, discrimination and abuse, many workers are going through the most. And this, to put food on the table and provide for themselves, and their families. But instead of suffering in silence, thousands are choosing to stand up, speak out, strike back - and…

The Conversation

What Labour’s first budget means for wages, taxes, business, the NHS and plans to grow the economy – experts explain

For the first time in 14 years, it was a Labour chancellor who delivered the UK budget. And for the first time ever, that chancellor was a woman. But Rachel Reeves faces an almighty task: plugging a £40 billion spending gap in the knowledge that pre-election promises not to raise…

The Conversation

GDP is an outdated way of measuring the health of the economy – it doesn’t reflect the health of people or the planet

Economics and economic policy need a rethink. This is clear from the scale of inequality, joblessness, insecurity and environmental disasters we see in the world.

International Business Times

Chair Of Global Plastics Talks Pledges Deal Next Month

A global treaty to curb plastic pollution will be secured at a summit in South Korea next month, the chair of the talks pledged Wednesday, although he cautioned there were still complex disputes and the time frame was a "big challenge".

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