Tuesday 1 September 2015
 
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OECD

UAE 'top aid donor' in the world

UAE was ranked as the most generous development aid donor in the world as share of its economy in 2014 by a new report from the Organization for Economic Cooperation and Development’s Development Assistance Committee. HH She

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Action needed to ‘secure future livelihoods’

New global trends such as jobless growth, a rising youth population and resource scarcity threaten to undo much of the progress of recent decades in securing people’s ability to make a living, according to a new report. The

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Oil 'could slip below $40 in two months'

With global oil supply running 1.4 million barrels per day above global demand in the first half of 2015, inventory dynamics will continue to deteriorate, leading to Brent trading below $40 per barrel over the next two months, a report said.

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Poorer regions ‘toiling to catch up with richer ones’

Living standards continue to diverge within many economically advanced countries as poorer regions struggle to catch up with richer ones, according to new research by the Organisation for Economic Co-operation and Development (OECD).

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How's life? Is it getting better?

People’s well-being has generally progressed since the early 20th century across a large part of the world, according to new research published by a consortium of economic historians (CLIO-INFRA). How Was Life? Global Well-B

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OECD accounts for less than 50pc of global GDP

The Organisation of Economic Co-operation and Development (OECD) countries accounted for around 50 per cent of the world’s gross domestic product (GDP) expressed in Purchasing Power Parities (PPPs) in 2011 - the latest benchmark year - com

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European banks have $115bn shortfall

European banks have a combined capital shortfall of about 84 billion euros ($115 billion), German weekly WirtschaftsWoche reported, citing a new study by the Organisation for Economic Co-operation and Development (OECD). French ba

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Oil demand 'will rise quickly as growth picks up'

Global oil demand will increase more quickly this year as economic growth accelerates, outstripping supply even as shale oil production in the US reaches record highs, the West's energy watchdog said on Tuesday. The Internatio

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Focus on international tax treaties

Representatives from various Mena countries attended a workshop on international tax avoidance and ways to maximise the use of tax treaties in Ajman. Based on the strategic partnership between the UAE and the Organisation for Econ

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Opec oil output higher than 2014 demand

Opec's production remains higher than next year's global requirement for its crude, the exporter group said on Tuesday, even after Saudi Arabia cut production from a record high level. The monthly report from the Organizat

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