Brazil’s supreme audit institution – the Federal Court of Accounts (TCU) – has began a process to reform its audit of the Accounts of the President of the Republic to enhance transparency and accountability of federal budget execution.

The Global Forum on Transparency and Exchange of Information for Tax Purposes has released peer review reports assessing the tax systems of 13 jurisdictions for information exchange.

Tax revenues in Latin American countries continue to rise but are lower as a proportion of their national incomes than in most OECD countries. Revenue Statistics in Latin America 2012 shows that Argentina and Brazil have the highest tax revenue to GDP ratio, while Guatemala and Dominican Republic stand at the lower end.

Brazil’s supreme audit institution – the Federal Court of Accounts (TCU) – has began a process to reform its audit of the Accounts of the President of the Republic to enhance transparency and accountability of federal budget execution.

The global economic crisis has had a profound impact on people’s well-being, reaching far beyond the loss of jobs and income, and affecting citizens’ satisfaction with their lives and their trust in governments, according to a new OECD report.

The global economic crisis has undermined trust in government. Today only four out of ten citizens in OECD countries say they have confidence in their national authorities. Not surprisingly, trust declined in the countries hit hardest by the crisis, such as Ireland, Greece, Slovenia and Portugal.

Spain’s planned public sector reforms should help make the country’s institutions stronger and more effective, and proposals to increase transparency and root out corruption will do much to restore public trust, according to a new OECD report.

This report documents procurement regulations and practices in Mexico's main electricity company (Comisión Federal de Electricidad) and makes policy recommendations in key procurement areas.

While infrastructure investment remains a key focus of international efforts to jump start growth in OECD countries and trigger sustainable economic development elsewhere, it presents a range of challenges for policy makers. This report finds that in many cases, it is governance problems rather than financing, that are responsible for sub-optimal outcomes.

The 2011 annual report on the OECD Guidelines for Multinational Enterprises focuses on adhering countries' committment to new, stronger standards of corporate behaviour in the updated OECD Guidelines for Multinational Enterprises.

The 2012 annual report on the OECD Guidelines for Multinational Enterprises provides an account of the actions taken by the adhering governments over the 12 months to June 2012 to enhance the contribution of the Guidelines to the improved functioning of the global economy and focuses on how NCPs are working to improve their mediation skills.

The 2013 Annual Report describes the activities undertaken to promote the observance of the Guidelines during the implementation cycle of June 2012-June 2013. This includes the launch of the Global Forum on Responsible Business Conduct (RBC), the establishment of a Working Party on RBC, and the elaboration of a robust multi-stakeholder proactive agenda to promote the observance of the principles and standards found in the Guidelines.

One of the more startling findings in the OECD Foreign Bribery Report, is that some level of corporate management was involved in over 50% of the cases sanctioned. This paper by Leah Ambler, published in the Journal of Business Compliance (01/2015), examines what went wrong and why from a corporate governance and compliance perspective.

This report on climate change disclosure in G20 countries takes stock of mandatory climate change reporting schemes in G20 countries and identifies commonalities and divergences between the various schemes.

This note describes work undertaken by the OECD to support the implementation of the 2015 G7 Leaders’ Declaration in the area of responsible business conduct. Four areas of action are covered: outreach on responsible business conduct (RBC) standards to other countries; development of guidance for supply chain due diligence; monitoring of multi-stakeholder initiatives; and strengthening National Contact Points.

This report covers the activities undertaken to promote the effective implementation of the OECD Guidelines for Multinational Enterprises by governments and National Contact Points from July 2014 to December 2015.

This stocktaking report first presents a chronology of how systems for the liability of legal persons have evolved among the 41 Parties to the Anti-Bribery Convention. It then presents a “mapping” of the features of these systems for the 41 Parties.

The annual reports on the OECD Guidelines for Multinational Enterprises provide an account of the actions the adhering governments have taken over the previous 12 months to enhance the contribution of the guidelines to the improved functioning of the global economy.

Qatar Repo Rate was at 1 percent on Friday May 8. Reverse Repo Rate in Qatar averaged 4.12 percent from 2000 until 2020, reaching an all time high of 6.65 percent in July of 2000 and a record low of 1 percent in March of 2020. This page provides - Qatar Reverse Repo Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Bangladesh was last recorded at 6 percent. Interest Rate in Bangladesh averaged 6.97 percent from 2008 until 2020, reaching an all time high of 8.75 percent in September of 2008 and a record low of 4.50 percent in October of 2009. In Bangladesh, interest rates decisions are taken by the Bangladesh Bank. The Bangladesh Bank controls two policy interest rates: the repo rate (repurchase rate), which it uses to inject money into the banking system, and the reverse repo rate. This page provides the latest reported value for - Bangladesh Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Reverse Repo Rate in India remained unchanged at 3.75 percent in April from 3.75 percent in April of 2020. Reverse Repo Rate in India averaged 5.80 percent from 2000 until 2020, reaching an all time high of 13.50 percent in August of 2000 and a record low of 3.25 percent in April of 2009. Reverse Repo Rate In India is the fixed interest rate – currently 50 bps below the repo rate – at which the Central Bank absorbs liquidity, on an overnight basis, from banks against the collateral of eligible government securities under the liquidity adjustment facility. This page provides - India Reverse Repo Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Reverse Repo Rate in Kuwait remained unchanged at 2.25 percent in December from 2.25 percent in November of 2019. Reverse Repo Rate in Kuwait averaged 2.05 percent from 2005 until 2019, reaching an all time high of 5.87 percent in July of 2006 and a record low of 0.75 percent in August of 2009. This page provides - Kuwait Reverse Repo Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Reverse Repo Rate in Bahrain remained unchanged at 2 percent in December from 2 percent in November of 2019. Reverse Repo Rate in Bahrain averaged 0.70 percent from 2009 until 2019, reaching an all time high of 2.50 percent in December of 2018 and a record low of 0.25 percent in February of 2009. This page provides - Bahrain Reverse Repo Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Reverse Repo Rate in Saudi Arabia remained unchanged at 0.50 percent in May from 0.50 percent in April of 2020. Reverse Repo Rate in Saudi Arabia averaged 1.87 percent from 2000 until 2020, reaching an all time high of 6.75 percent in May of 2000 and a record low of 0.25 percent in June of 2009. This page provides - Saudi Arabia Reverse Repo Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Forecasts will be most thorough assessment yet of how lockdown is affecting the economy

Posts from high-profile accounts found to be promoting questionable virus therapies and cures

When employees reveal wrongdoing, instead of being rewarded they are often punished

Investors will be watching Christine Lagarde’s performance amid rising pressure on Italian bonds

Laura Noonan and Lauren Fedor respond to your queries on the state of SBA rescue funds

Mortality statistics show 122,000 deaths in excess of normal levels across 14 countries analysed by the FT

The emirate’s contemporary arts event considers some thorny regional issues in a deceptively laid-back way, says the FT’s arts writer  

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The investigative journalist on #MeToo and the perils of taking on the powerful

French regulator says agency failed to verify false story that sent Vinci shares down 18%

Facebook has been struggling to keep its VR hardware supply chains open for months, but at the same time they’ve reportedly been hard at work on the next generation of their popular Quest headset. According to a report in Bloomberg, Facebook had been planning to release a new version of the Oculus Quest later this […]

After a quarter in which eBay, tussling with an activist investor, completed the sell-off of its ticketing business StubHub for $4 billion and saw appointed a new CEO after its previous one departed, while also weathering waves of surging demand and dodgy supply resulting from the COVID-19 pandemic, today the e-commerce company reported its Q1 […]

Mike Mackenzie’s daily analysis of what’s moving global markets

The UK may be rethinking its decision to shun Apple and Google’s API for its national coronavirus contacts tracing app, according to the Financial Times, which reported yesterday that the government is paying an IT supplier to investigate whether it can integrate the tech giants’ approach after all. As we’ve reported before coronavirus contacts tracing […]

The lead European Union privacy regulator for most of big tech has put out its annual report which shows another major bump in complaints filed under the bloc’s updated data protection framework, underlining the ongoing appetite EU citizens have for applying their rights. But what the report doesn’t show is any firm enforcement of EU […]

The UK may be rethinking its decision to shun Apple and Google’s API for its national coronavirus contacts tracing app, according to the Financial Times, which reported yesterday that the government is paying an IT supplier to investigate whether it can integrate the tech giants’ approach after all. As we’ve reported before coronavirus contacts tracing […]

The UK may be rethinking its decision to shun Apple and Google’s API for its national coronavirus contacts tracing app, according to the Financial Times, which reported yesterday that the government is paying an IT supplier to investigate whether it can integrate the tech giants’ approach after all. As we’ve reported before coronavirus contacts tracing […]

Late last night the Financial Times reported that HuffPost, arguably one of the crown jewels of Verizon Media Group’s remaining network of media properties (which includes TechCrunch), is up for sale. Verizon has been shedding media properties in a retreat from the strategy that it had begun to execute with the acquisition of AOL for […]

Tesla’s Model 3 is among the top 10 choices for car buyers in 2020, according to Consumer Reports. The nonprofit organization released its “Top Picks” of the year on Thursday, and it included Tesla’s most affordable vehicle alongside cars from automakers including Toyota, Subaru, Honda, Kia and Lexus. The Model 3 was chosen as one […]

The UK may be rethinking its decision to shun Apple and Google’s API for its national coronavirus contacts tracing app, according to the Financial Times, which reported yesterday that the government is paying an IT supplier to investigate whether it can integrate the tech giants’ approach after all. As we’ve reported before coronavirus contacts tracing […]

The WTO Secretariat has published a new report on the treatment of medical products in regional trade agreements (RTAs) amid current supply shortages caused by the COVID-19 pandemic. The report examines the extent medical products are traded among preferential partners and the difference in liberalization rates within and outside these trade agreements.

The WTO Secretariat has published a new information note looking at how the COVID-19 pandemic has affected e-commerce, including the implications for cross-border trade. It notes the increased use of e-commerce as consumers adapt to lockdowns and social distancing measures and draws attention to several challenges, such as the need to bridge the digital divide within and across countries.

A new report issued by the WTO on 8 May seeks to help least developed countries (LDCs) better understand the trade-related implications of graduation from LDC status. The product of a joint effort between the WTO and the Enhanced Integrated Framework (EIF), “Trade Impacts of LDC Graduation” looks at how graduation may affect LDCs’ participation in world trade, including their access to export markets, and implications for their WTO commitments.

Adam Neumann, the co-founder and chief executive of the international real estate co-working startup WeWork has reportedly cashed out of more than $700 million from his company ahead of its initial public offering. The size and timing of the payouts, made through a mix of stock sales and loans secured by his equity in the company, […]

Adam Neumann, the co-founder and chief executive of the international real estate co-working startup WeWork has reportedly cashed out of more than $700 million from his company ahead of its initial public offering. The size and timing of the payouts, made through a mix of stock sales and loans secured by his equity in the company, […]

While global stay-at-home orders have been a blow to most companies, they’ve also created opportunities for businesses helping to keep people entertained. So if you’re a YouTube creator hoping to capture some additional eyeballs while everyone’s stuck at home, online video agency Butter Works has released an interactive report outlining the most promising topics for […]

After three years in development, the International Auditing and Assurance Standards Board (IAASB) has released a set of standards that are game-changing for shareholders and the profession, says PwC.