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The Latest Breaking News from OECD

OECD raises global growth forecast but recovery 'fragile'

PARIS: The OECD raised its global economic growth forecast on Friday as inflation eases and China emerges from Covid restrictions, but warned of vulnerabilities as seen in the US bank sector turmoil.

Bangkok Post

UK economy will deliver worst performance of any advanced country this year

Britain’s GDP is forecast to fall by less than previously expected, but is still behind all other major economies

Evening Standard

Central banks must keep interest rates high to combat inflation, says OECD

Organisation also says UK will be only G20 economy apart from Russia to shrink this year

The Guardian - UK

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Which countries have the highest and lowest life expectancy?

Recent research has found 29 per cent of Japan’s population is over the age of 65

Evening Standard

PwC finds South West now second best place in the UK for women in the workplace

The region had been ranked as the best place in the country for women to work by the accounting firm for three consecutive years

Birmingham Post

UK women priced out of work by lack of affordable childcare, PwC finds

Pressure builds for childcare help in budget as Britain slips down global league table for women in work

The Guardian - UK

New parents set to benefit from paid leave expansion

New laws boosting accessibility to paid parental leave and locking in an expansion of the scheme have passed parliament.

AAP

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Banking transparency law set for 2024

A law governing the exchange of information about people's deposit accounts among signatory countries is expected to come into force next year, says Revenue Department director-general Lavaron Sangsnit.

Bangkok Post

Australian superannuation funds are top performers globally

Australian superannuation funds stand out globally as top performers and are diversifying their investments to provide more stability

The New Daily

It's been 3 years since COVID entered New Zealand -- here are 3 ways to improve our response

February 28 marks three years since COVID was first reported in Aotearoa New Zealand. Since then there have been major advances in our understanding of this infection and the tools and strategies to combat it.

The Conversation

Scrap plans for corporation tax hike, Patel urges chancellor

Not too late for Jeremy Hunt to end ‘obsession of regulation, high taxes and interference with business’ in spring budget

The Guardian - UK

France says global talks on taxing tech giants being blocked by US, India

International talks aimed at taxing global tech giants that declare profits in only a few jurisdictions have hit a standstill due to opposition from countries including the US and India, France's finance minister said on Monday. This week's G20 meeting will attempt to get the ball rolling again.

Radio France Internationale

To prepare for future pandemics, we can learn from the OECD's top two performers: New Zealand and Iceland

A Royal Commission of Inquiry into New Zealand’s COVID response began work this month, with a goal to prepare the country for future pandemics.

The Conversation

Are the higher costs of private school justified? The evidence says ‘no’

Experts shed light on the difference between public and private education and urge parents to consider their families and children.

The New Daily

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Reason

Biden's Terrible Billionaire Tax

By raising the effective tax rate on capital gains, the proposal would reduce U.S. saving, discourage entrepreneurship, and decrease economic output.

Radio France Internationale

Will raising retirement age solve France’s problem with employing seniors?

A quarter of France's unemployed are over the age of 50, and there are concerns that raising the retirement age – as the government wants to do with its latest pension reform – will further aggravate the problem. But research suggests this may not necessarily happen, and the number of…

The Guardian - UK

Tory backbenchers plan to put pressure on Hunt to cut childcare costs

Exclusive: Group led by Siobhan Baillie want chancellor to use budget to relax rules and eliminate business rates for nurseries

Fortune

Gen Z is taking to the streets in French protests to defend their work-life balance

In France, hundreds of thousands of young adults are protesting a plan to raise the retirement age, part of a broader revolt against overwork.

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Wales Online

How Welsh teachers' pay and hours compare with other nations

Thousands of teachers in Wales walked out on Wednesday in the first of a planned series of strikes

The National (Scotland)

SNP MP launches 'one stop shop' resource for independence and the EU

Alyn Smith, SNP’s spokesperson for EU accession in Westminster, set up the website to highlight the economic decline of the UK following Brexit

Fortune

Americans spend the most on health care compared to other high-income countries but aren't living longer, more healthy lives

The U.S. has the lowest life expectancy and the highest maternal mortality rates compared to other high-income countries.

Axios

America's worsening return on health investment

The U.S. continues to far outspend other developed nations while seeing worsening health outcomes.

Birmingham Post

North of England starved of investment, thinktank report finds

Report from IPPR North says that the region would have the second lowest investment in OECD if it was a standalone nation

Daily Mirror

North of England receiving among lowest levels of investment of advanced economies

It comes after Rishi Sunak faced a barrage of criticism over a £2.1billion round of levelling up funding, which saw cash go to a string of wealthy areas while a number of deprived communities missed out

The Independent UK

Report reveals lack of investment in North of England compared with rest of the world

If the region were a country, it would be second-to-last in the OECD for underinvestment, according to IPPR North

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