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The Latest Breaking News from OECD

The debt crisis Congress has been ignoring could cost the average U.S. household $18,000 a year, according to a Brookings analysis

Taxing the rich doesn’t get remotely close to solving the debt crisis. So a solution will likely sweep across all income levels.

Fortune

Europe’s tax divide: Why Germany and France tax labour far more than the UK

Across Europe, the share of labour costs taken in tax and social contributions varies sharply. The UK is among the lowest, but the headline figure masks wider differences in how work is taxed across the continent.

Euronews

Taxes on UK workers have risen at fastest rate in rich world, says OECD

Economic body found Britain had the biggest increase in ‘tax wedge’ out of 38 member nations last year

The Guardian - UK

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Australia has access to 20,000 migrant teachers, but is not using them. Why not?

Australia needs more teachers. It ranks among the worst-performing countries in the OECD for teacher shortages. This is particularly so for public schools.

The Conversation

Foreign aid plummets in Europe: Which countries are slashing their funds?

Following years of aid growth driven by events like the war in Ukraine and COVID-19, 2025 saw the largest contraction on record.

Euronews

Long COVID could cost up to €115.3bn per year over the next decade, study shows

Six years after the COVID-19 pandemic began, its economic impact lingers, with long COVID disrupting the employment of around one in five workers.

Euronews

Global aid plummets – as Germany overtakes US to become biggest donor

IN FOCUS: Data also reveals that the US cut support for Ukraine by more than 90 per cent – while new UK government data reveals that UK aid fell by more than £1bn last year. Nick Ferris reports

The Independent UK

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Long COVID could cost OECD countries €116 billion a year over the next decade

The chronic condition could cost OECD countries billions per year, with the total comparable to the annual health budgets of the Netherlands or Spain, a new report shows.

Euronews

Global Recession Risk Lingers Despite Ceasefire‑Driven Market Calm

Analysts and international economic institutions are warning that the possibility of a global recession remains significant even as markets react positively to ceasefire news.

International Business Times

Costa Rica Aims to Be a Reference for AI Regulation in the Region

A recent report published by the country's economic development agency Procomer found that 76% of Costa Rican companies are using generative AI tools

Latin Times

Coalition calls for cut to fuel tax as price woes mount

Cutting battery and EV subsidies would help pay for a coalition plan to halve the fuel excise amid a surge in oil prices caused by the Iran war.

AAP

Iran war will jolt U.S. inflation, new analysis finds

The OECD projects U.S. headline inflation will be 4.2% this year.

Axios

OECD cuts eurozone growth forecast as energy prices surge

The OECD said Thursday it was cutting its eurozone growth outlook and forecasting higher inflation for 2026 after the Middle East war caused energy prices to skyrocket.

Euronews

UK gets biggest cut to growth outlook this year among world’s major economies

The OECD published the biggest downgrade to the UK’s growth outlook for 2026 than any other country in the G20 group of economies.

Evening Standard

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The Independent UK

Why the UK is heading for a high inflation and low growth ‘double whammy’

IN FULL

The Independent UK

UK faces biggest hit to growth from Iran war of all major economies, OECD warns as inflation set to surge

Government urged to encourage homes and businesses to be more efficient with their energy usage

Evening Standard

Trump's Iran war wreaks economic carnage on UK with £15 billion blow to GDP and deepening cost-of-living crisis, warns OECD

Inflation in Britain is forecast to jump to 4% this year, outstripping many wage increases

The Guardian - AU

Australian growth forecasts slashed as global economy faces inflation spike

OECD says the Middle East war will test the world’s resilience with Australia expected to suffer from higher rates and inflation

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The Independent UK

Lebanese fear another occupation as Israel threatens to use Gaza tactics in the south

Israel is trading fire with Hezbollah, calling for mass evacuations and sending ground troops deeper into Lebanon

The Guardian - UK

Middle East conflict will damage UK’s economy ‘more than any other’

Organisation for Economic Cooperation and Development says UK economy will grow by just 0.7% this year

Evening Standard

UK faces weaker economic growth and higher inflation due to Iran war – OECD

The conflict has worsened the outlook for many of the world’s largest economies, the Organisation of Economic Co-operation and Development said.

The Conversation

Why without value sharing, there is no social justice

Value-sharing schemes play an active role in both building and eroding social justice in the workplace. Our report takes a closer look at corporate profit-sharing mechanisms.

AAP

Growing obesity crisis tanking Aussie productivity

An all-of-the-above strategy is needed to head off Australia's worsening obesity problem, bipartisan research finds.

AAP

Multiple-birth parents tumble through cracks in support

Australian multiple-birth parents say a lack of financial and other support makes an already isolating experience even more challenging.

Euronews

AI use at work in Europe: Which countries use generative AI tools most, and why?

A third of people in the EU used generative AI tools overall in 2025, and fewer than half of them used them for work purposes, bringing the share to 15%. AI use at work varies widely across Europe, with clear regional patterns.

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