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Top News In ஆர்கநைஸேஶந் க்கு பொருளாதார இணை செயல்பாடு மற்றும் வளர்ச்சி Today - Breaking & Trending Today

Vaccine rollout, U.S. stimulus boost global economic outlook: OECD

The global economic outlook has brightened as vaccine rollouts gain speed and the United States launches a vast new stimulus package, the OECD said on Tuesday, hiking its forecasts. ....

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Under climate fire, Australian seeking OECD top job targets carbon-neutral world

5 Min Read
(Thomson Reuters Foundation) - A former Australian finance minister vying to become the new head of the Organisation for Economic Co-operation and Development (OECD) said he would pursue an “ambitious” and “global” approach to help nations become carbon-neutral by 2050.
Mathias Cormann, Australia’s longest-serving finance minister until last year, is one of two candidates hoping to take over as OECD secretary-general from outgoing Angel Gurría.
But last week, the heads of about 30 Australian and global charities and research institutions signed a letter urging the Paris-based organisation to drop Cormann from the race, saying he had a public record of “thwarting effective climate action”. ....

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Rising yields still 'a world away' from impacting sovereign ratings - S&P Global

The recent jump in global bond market borrowing costs is still a world away from impacting most countries' credit ratings S&P Global has said. ....

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Around the world, COVID prompts new look at company taxes

3 Min Read
PARIS (Reuters) - The huge public deficits that have piled up as governments bail out their pandemic-hit economies are prompting the first rethink of a four-decade decline in corporate tax rates worldwide.
FILE PHOTO: A person jogs, with financial district in the background, amid the coronavirus disease (COVID-19) outbreak, in London, Britain, January 5, 2021. REUTERS/Henry Nicholls/File Photo
Britain may be first to see the tide turn as soon as Wednesday when finance minister Rishi Sunak is widely expected to announce a small increase in corporate levies in his budget announcement to help pay for the hit from COVID-19. ....

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ANALYSIS-As U.S. rejoins Paris pact, hopes rise for reopening of climate finance tap

By Megan Rowling, Thomson Reuters Foundation
7 Min Read
Washington working on a new climate finance plan under Biden
Wealthy governments have fallen short on 2020 finance promise to climate-vulnerable nations
BARCELONA, Feb 19 (Thomson Reuters Foundation) - As the United States officially re-enters the Paris climate accord on Friday, expectations are rising that Washington will step up funding to help poor countries adopt clean energy and adapt to more extreme weather as the planet warms.
Under climate-change sceptic Donald Trump, the U.S. government did provide finance for things like building solar power systems in Africa and protecting people from storms and floods in Asia, as part of its international development aid. ....

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