The global economic expansion appears to have peaked, with diverging growth prospects worldwide and intensifying risks, according to the OECD’s latest Interim Economic Outlook.

This paper analyses the monetary and fiscal policy implications of output gap estimates in times of crisis. The widening of output gaps observed in major OECD economies in the wake of the recent crisis has been mainly due to total factor productivity gaps, except in the United States where it essentially resulted from a large increase in the unemployment gap.

Uncertainty faced by households and firms affects economic activity. The rise in uncertainty since the beginning of the sovereign debt crisis in Greece could be one factor that has contributed to the steep and long-lasting recession. This paper presents a brief empirical analysis quantifying this phenomenon and compares it with developments in Ireland and Portugal.

The objective of this paper is to define long-run prudent debt targets for OECD countries and country-specific fiscal rules. To this end, a semi-structural macroeconomic model for OECD countries and primary balance reaction functions are estimated.

PageGroup and Robert Walters cite Brexit, Sino-US trade war and Hong Kong protests

The music scene is currently awash with aging rockers and pop groups re-united. Take That, complete with Robbie Williams, will tour next year; space rockers Hawkwind, formed in 1969, tour the UK next month; while Lemmy, born 1945, is currently taking the stage with Motorhead. Whatever happened to “hope I die before I get old”? Aren’t they old enough to know better? Neville Hawcock, deputy arts editor, talks to Peter Aspden, the FT’s arts writer, and Richard Clayton, who regularly reviews pop for the paper.  

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Last week Boris Johnson lead the conservative party to its biggest victory in over 30 years on a promise to “get Brexit done”. What should the UK expect from its new government and how has business reacted to the election? George Parker and Adam Samson talk to Siona Jenkins about what the next five years could bring.

Contributors: Siona Jenkins, editor, UK news, George Parker, political editor and Adam Samson, global head of Fast FT. Producer: Persis Love. Photo credit: Leon Neal/PA

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The time it takes for employees to be assessed is putting companies in delicate legal territory

Yesterday, Samsung announced that the Galaxy Flip Z sold out online. What, precisely, that means, is hard to say, of course, without specific numbers from the company. But it’s probably enough to make the company bullish about its latest wade into the foldable waters, in the wake of last year’s Fold — let’s just say […]

Stop me if you’ve heard this one before: Apple device sales have taken a hit, but the company’s services are doing swell. The iPhone, the longtime cornerstone of the company’s hardware portfolio, hit $28.96 billion in revenue for Q2, down from $31.1 billion from this time last year. The iPad and Mac lines saw drops […]

Events in January contributed to ongoing uncertainty in crude oil markets, according to the U.S. Energy Information Administration. On January 6, Brent crude oil prices closed at $70 per barrel following U.S. military operations in Iraq, the highest price since May 2019. However, as tensions in the Middle East de-escalated and market concerns over a related oil supply disruption faded, crude oil prices fell. The outbreak of the coronavirus and subsequent travel bans significantly disrupted transportation-related oil demand in China as well as other countries. This accelerated the decline in crude oil prices, despite ongoing crude oil supply disruptions in Libya. Prices closed at $54 per barrel on February 4, the lowest level since December 2018. In the February Short-Term Energy Outlook, EIA estimates the Brent crude oil price will average $58 per barrel during the first half of the year and rise to $64 per barrel during the second half of the year. Brent crude oil spot prices are expected to average $61 per barrel for 2020 as a whole.

MIKE DICKSON IN NEW YORK: Men's tennis will get a taste both of its glorious recent past and uncertain future in Sunday's final of the US Open.

KIT HOLDEN: The love affair between Bayern Munich and Thomas Muller is one of modern football's immovable certainties. A local boy with a goofy grin, Muller is the apple of Bayern's eye.

Appearing on Lorraine on Monday morning, the professional dancer, 29, revealed that those involved with making the show are 'just hoping' that it can still go ahead later this year

The 42-year-old six-time Super Bowl Champion announced via Instagram on Monday that he is launching multi-platform content company named 199 Productions.

KIT HOLDEN: The love affair between Bayern Munich and Thomas Muller is one of modern football's immovable certainties. A local boy with a goofy grin, Muller is the apple of Bayern's eye.

Sweden weren't the only country to curse Germany's late winner. It was also a major setback for Mexico who have consequently been left with work to do to qualify for the knockout stages.

Brazil should have seen thousands more babies born with shrunken skulls. But all of these cases are restricted to a northern region of the country. It suggests Zika alone may not cause birth defects.

Jeffrey Lewis, an nuclear expert from California, has warned that Trump's volatile relationship with Kim Jong-un could plunge the world into a nuclear crisis if North Korea restarts testing nukes.

France's Prime Minister Manuel Valls has warned that more major attacks in Europe are a 'certainty' in a worrying message at the Munich Security Conference.

Street photographer Anthimos Ntagkas, from Athens, Greece, has become something of an expert in capturing perfectly-timed snaps that are guaranteed to make you do a double take.

Gallagher Premiership club Leicester Tigers are no longer up for sale. The Tigers issued a statement on Wednesday confirming an end to the formal sale process.

EXCLUSIVE INTERVIEW BY WILL KELLEHER: For players like Richard Wigglesworth nearing the end of their contracts, lockdown life has left them in limbo over what happens next.

Measuring absolute power levels precisely and accurately in over-the-air (OTA) scenarios is challenging. The R&S®NRPM-A90(D) OTA power sensors remove many uncertainties by design and give a definite specification for the remaining ones.

This is the dramatic moment a rescuer manages to save a 15-year-old girl who was falling from a balcony of a Russian tower block while she was more than 140-feet above the ground.

A new survey of black Americans found nearly half are more motivated to vote in 2020 than they were in 2016 and a whopping 76 percent are 'almost certain' that they'll head to the polls.

PROFESSOR PHILIP COWLEY: Putting technicalities to one side for a moment, perhaps the most significant effect of yesterday's announcement is on what electoral strategists call 'optics'.

Jeffrey Lewis, an nuclear expert from California, has warned that Trump's volatile relationship with Kim Jong-un could plunge the world into a nuclear crisis if North Korea restarts testing nukes.

Arteta is likely to want to overhaul this squad at the end of the season, and the future of captain Pierre-Emerick Aubameyang will also need addressing.

Mesut Ozil's future at Arsenal is reportedly looking uncertain with the club yet to offer the German playmaker an extension on his contract which expires in August, 2021.  

The news comes as further grim reading for the financial positions Premier League sides find themselves in due to the drastically reduced incomes as a result of the coronavirus pandemic.

A new guarantee that the Tote win dividends will at least match starting-price returns will be a 'game changer' for pool betting in this country, it has been claimed.

Some, like Ajax star Hakim Ziyech, have their future sown up but aren't sure whether they've played their last game in Holland, while others have been linked with moves but are yet to put pen to paper.

Real Madrid's Sergio Ramos is determined to pick up a trophy once the season commences after the global coronavirus pandemic. Football in Spain is set to return in June

The fortunes which Saudi Arabia are willing to invest in 'sports-washing' their image will price any fight between Joshua and the winner of Fury's rematch with Wilder.

MIKE DICKSON IN NEW YORK: Men's tennis will get a taste both of its glorious recent past and uncertain future in Sunday's final of the US Open.

EXCLUSIVE BY CRAIG HOPE: Andy Carroll has beaten the mystery injury that was threatening to end his season - but is now sweating on the resumption of Premier League football.

Some, like Ajax star Hakim Ziyech, have their future sown up but aren't sure whether they've played their last game in Holland, while others have been linked with moves but are yet to put pen to paper.

The underlying fight is between supply chains. But as long as consumer benefits, who wins does not matter.

To subscribe to the newsletter, please sign up here MUST READS Corporate Europe Faces ‘Unbearable’ Uncertainty Over U.K. Exit: British Prime Minister Theresa May’s failure to get U.K. parliamentary approval for a deal to split the country from the European Union adds significant pressure on continental companies as they plan for the now greater possibility of an […]

17-year-old Pratyusha Jha, wakes up scrambling for newspapers these days to look for any news about her pending board exams and is anxious about what the future has in store for her. Similar concerns are shared by Bipin Kumar, a class 12 student, who says the announcement of board exams from July 1 to 15 brought limited clarity as the larger questions remain unanswered. The COVID-19 lockdown, came with a different set of concerns for class 12 students, whose board exams were postponed midway following the outbreak of coronavirus, putting on hold their future plans as well. "Everyday I have been looking for news about the exams and about entrance exam dates. I feel unfortunate that this happened during the year I was supposed to take the big college leap. I don't want my future decisions to be shaped by this very year as what I opt to study now will remain with me lifelong," Pratyusha told PTI. Ending some uncertainty for students, HRD Minister Ramesh Pokhriyal 'Nishank' on Friday ...

Amid an increase in confirmed cases of the new coronavirus in the U.S., more companies, religious institutions and schools are asking people to stay at home if they may have come into contact with the virus. WSJ follows the case of one man under voluntary self-quarantine. Photo: Sam Dziekan

Even as India’s Wildlife Protection Act completes 42 years, certain recent moves of the government appear to undermine the law, in a bid to project an industry-friendly regime. T R Shankar Raman analyses the apparent direction in which the Act, and environmental laws in general, seem to be headed.

In Karnataka, job-training programmes are on offer at a number of institutes, and yet, students unable to make it into college are not lining up in large numbers. Ironically, a manpower crunch exists across industries at the entry level, placing employers in a bind. Padmalatha Ravi digs deeper.

By Andrew Cohen Currently, just about everyone is aware that we’re in what many consider to be a global crisis. At this particular moment, we’re most aware of the global Covid-19 pandemic, but this is...

Arjun is also raising funds for animals that have been affected by the Covid-19 lockdown.

Gertjan Verbeek said his future as the head coach at Adelaide United was 'insecure' given the situation around the coronavirus pandemic.

With Covid-19 cases in India still rising, Indian footballers remain unsure about safety and say there can be no social distancing in a contact sport.