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Platform for Collaboration on Tax invites final comments on a revised version of its report on the “Taxation of Offshore Indirect Transfers of Assets”

The Platform for Collaboration on Tax – a joint initiative of the IMF, OECD, UN and World Bank Group – has undertaken, at the request of the G20, the development of a series of “toolkit” reports to help guide developing countries in the implementation of policy options for issues in international taxation of greatest relevance to these countries.




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Antigua and Barbuda becomes the 125th jurisdiction to join the most powerful multilateral instrument against offshore tax evasion and avoidance

Antigua and Barbuda today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. It is the 125th jurisdiction to join the Convention.




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International community has achieved unprecedented success fighting offshore tax evasion

On 26-27 November, the 10th Anniversary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) in Paris will bring together more than 500 delegates from 131 member jurisdictions for renewed discussions on efforts to advance the tax transparency agenda.




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Benin, Bosnia and Herzegovina, Cabo Verde, Mongolia and Oman join the most powerful multilateral instrument against offshore tax evasion and avoidance

On the occasion of the 10th Plenary Meeting of the Global Forum a further five countries signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, therewith bringing the total number of participating in the Convention to 135.




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Strengthening the international community’s fight against offshore tax evasion: Australia, Canada, Chile, Costa Rica, India, Indonesia and New Zealand join multilateral agreement to automatically exchange information

In a boost for international efforts to strengthen co-operation against offshore tax evasion, seven new countries have joined the agreement to exchange information automatically under the OECD/G20 standard.




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Australia needs to shore up development aid to match its reinforced engagement

Australia’s active global engagement on development and its focus on fragile small island states and disaster risk reduction are commendable. However successive cuts to the country’s aid budget since 2013 are impairing its efforts, according to the latest DAC Peer Review of Australia.




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Capacity needs in the automobile industry in the short- to medium run

This paper aims at identifying which countries and regions in the world might face structural overcapacities or capacity shortfalls in the automobile industry in the near future.




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Short-term indicator models for quarterly GDP growth in the BRIICS: a small-scale bridge model approach

This paper extends the OECD Economics Department’s suite of short-term indicator models for quarterly GDP growth, which currently cover only the G7 countries, to the BRIICS countries.




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Canada: Sustain inclusive growth by reducing housing market risks and overcoming specific skills shortages, says OECD

Canada has experienced solid economic growth since the global crisis, allowing it to reverse recession-induced job losses and put federal public finances on a sound footing, says the OECD. Growth is expected to accelerate from 2.5% this year to 2.7% in 2015.




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Overcoming skills shortages in Canada

Skills shortages have developed in certain fields and regions in recent years. Earnings premiums for people in some professions, notably health, engineering and skilled trades have increased.




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The short-term impact of product market reforms: a cross-country firm-level analysis

This paper analyses the effects of product market reforms in the short and medium term across 10 regulated industries and 18 advanced economies for the period 1998-2013 using internationally comparable firm-level data based on Orbis.




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The short-term impact of product market reforms: a cross-country firm-level analysis

This paper analyses the effects of product market reforms in the short and medium term across 10 regulated industries and 18 advanced economies for the period 1998-2013 using internationally comparable firm-level data based on Orbis.




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Pollution havens? Energy prices are not key drivers of offshoring

New evidence on the effect of energy prices on outward FDI can provide some reassurance in light of concerns about Pollution Havens.




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Tunisia's inclusion in global value chains and the role of offshore companies

Tunisia’s trade, Tunisia's openness and its integration into global value chains has improved significantly since the mid-1990s, reflecting the country's comparative advantages.




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To shorten or to lengthen? Public debt management in the low-interest rate environment

With still large government debt and interest payments in many OECD countries, actively adjusting debt maturity can help to minimise debt servicing costs.




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To shorten or to lengthen debt maturity to lower debt servicing costs?

Low interest rates prevailing in many advanced economies in recent years have already helped to lower the debt servicing burden, but government debt and interest payments remain large in many OECD countries. Could a further reduction in interest payments be attained by "locking-in" current low interest rates?




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The Czech economy is thriving but labour shortages will limit growth

Growth, driven by both internal and external demand, has been accelerating since 2013 and at 4.6% in 2017 it was more balanced than in previous years. Household consumption is supported by income growth, a declining savings rate as confidence is high, and by rising credit.




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Carbon pricing efforts are falling short, but even modest collective action can deliver significant progress, OECD says

Current carbon prices are falling short of the levels needed to reduce greenhouse gas emissions driving climate change, but even moderate price increases could have a significant impact, according to new OECD research.




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Kazakhstan Short-Term Economic Indicator

Leading Economic Index Kazakhstan increased 3.40 percent in March of 2020 over the same month in the previous year. Leading Economic Index in Kazakhstan averaged 3.63 percent from 2008 until 2020, reaching an all time high of 15.40 percent in December of 2009 and a record low of -8.20 percent in October of 2012. Short-term economic indicator in Kazakhstan is calculated on the basis of real growth rate in six branches of economy - agriculture, industry, construction, trade, transport and communications. This page provides - Kazakhstan Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Staff shortages make it hard work for UK employers

Tight labour market gives job candidates more power in recruitment process




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Robotics and reshoring: the future of shipping

Container ships may shrink in size if manufacturing moves closer to its markets. The FT's Robert Wright explores




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BC Camplight: Shortly After Takeoff

Brian Christinzio’s vocals have the singsong flow of Brian Wilson




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Lloyds' offshore banking problem, Facebook's Libra and US stress tests

Patrick Jenkins and guests discuss Lloyds Bank and its offshore banking problems, the latest on the regulatory tests facing Facebook's Libra initiative, and how banks have fared in this year's US Fed stress tests.


Contributors: Patrick Jenkins, financial editor, Nick Megaw, retail banking correspondent, Hannah Murphy, technology correspondent, and Kiran Stacey, US regulatory correspondent. Producer: Fiona Symon


 

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Libyans suffer water and gas shortages as they confront Covid-19 

Worsening conditions in the capital increase threat posed by the virus




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Coronavirus: Dollar stores, Clorox make shortlist of stock winners amid rout — as it happened




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A new short story for the holidays

'Ambition', by the award-winning author Helen Simpson, is read by Christopher Villiers.  


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Short story: ‘Winter Letter’ by Lydia Davis

A new short story for the holidays, from the winner of the 2013 Man Booker International Prize. The reader is Christine Spolar  


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Short cuts: Aiguille du Midi cable car to reopen; disinfection booths at Hong Kong airport

Chamonix’s cable car back in business after two months, albeit with strict social-distancing measures




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Johnson revives onshore wind farms after 4-year ban

Policy reversal follows Cameron vow to rid UK of ‘unsightly’ structures




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Turkey slashes rates in bid to shore up economy against coronavirus

Eighth consecutive cut could heap fresh pressure on already struggling lira




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Fund managers push LSE for shorter trading hours

Eight-and-a-half-hour day is needlessly long, say customers




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EU regulator allows short delay to new rules on failed trades

Industry bodies had been lobbying for longer postponement over fears of hit to bond markets




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Inside Bill Ackman’s $2.6bn big short

Hedge fund chief bets on stockmarket recovery after profiting from coronavirus sell-off




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Shortsighted complaints on short-termism

Shareholders’ incentives can make them more long-termist than company managers




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African health officials warn of chronic medical shortages

Central African Republic has just three ventilators for its 5m people




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Short bans/market closures: they amplify panic

Trading restrictions did not work in the past; there is less reason for them to work this time




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European countries ban short selling after markets plunge

‘We are ready to go further,’ says French minister after issuing temporary prohibitions




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French markets regulator backs extension of short-selling ban

AMF chairman cites uncertainty around dividends and coming downgrades to credit ratings




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Panic-buying is just as short-sighted for investors

Market is full of cautionary tales about investors betting on familiar stocks




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Short sellers circle virus sinners; Amazon’s looming shareholder battle; Businesses fight for prisoner releases

Your guide to the investment and business revolution you can’t afford to ignore




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U.S. gasoline price continues to increase (short version)

The U.S. average retail price for regular gasoline rose to $2.58 a gallon on Monday. That's up 7 tenths of a penny from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (short version)

The U.S. average retail price for regular gasoline fell to $2.57 a gallon on Monday. That's down 8 tenths of a penny from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price continues to decrease (short version)

The U.S. average retail price for regular gasoline fell to $2.54 a gallon on Monday. That's down 3.3 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price continues to decrease (short version)

The U.S. average retail price for regular gasoline fell to $2.51 a gallon on Monday. That's down 3.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price continues to decrease (short version)

The U.S. average retail price for regular gasoline fell to $2.46 a gallon on Monday. That's down 5.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price continues to decrease (short version)

The U.S. average retail price for regular gasoline fell to $2.42 a gallon on Monday. That's down 3.6 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price increases (short version)

The U.S. average retail price for regular gasoline rose to $2.43 a gallon on Monday. That's up 9 tenths of a penny from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price continues to increases (short version)

The U.S. average retail price for regular gasoline rose to $2.47 a gallon on Monday. That's up 3.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (short version)

The U.S. average retail price for regular gasoline fell to $2.42 a gallon on Monday. That's down 4.3 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price continues to decrease (short version)

The U.S. average retail price for regular gasoline fell to $2.38 a gallon on Monday. That's down 4.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.