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Global Economic Outlook - Written Statement for the IMFC

A moderate recovery is under way in major advanced economies after two years of subdued growth. Overall, most indications point to a continued underlying strengthening of the pace of growth, helped by accommodative monetary policy and reduced fiscal drag.




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Global economy strengthening but significant risks remain, says OECD in latest Economic Outlook

The global economy will strengthen over the coming two years, but urgent action is still required to further reduce unemployment and address other legacies from the crisis, according to the OECD’s latest Economic Outlook.




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African countries need to tap global markets more effectively to strengthen their economies, says new African Economic Outlook

By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings.




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Comprehensive action needed to shift the global economy into higher gear, says OECD in latest Economic Outlook

The global economy remains stuck in low gear, but is expected to accelerate gradually if countries implement growth-supportive policies. Widening differences across countries and regions are adding to the major risks on the horizon, according to the advanced G20 release of the OECD’s latest Economic Outlook.




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Stronger policy response needed to avoid risks to growth, especially in the euro area, says OECD in latest Economic Outlook

Modest global economic forecasts, continuing high unemployment, and downshifts in potential output,should spur governments with a greater sense of urgency to fully employ monetary, fiscal and structural policy levers to support growth, notably in Europe, according to the OECD’s latest Economic Outlook.




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Africa: making growth more inclusive hinges on unlocking potential of local economies, says the African Economic Outlook 2015

With Africa’s population set to double by 2050, modernising local economies will be vital to make the continent more competitive and to increase people’s living standards, according to the African Economic Outlook 2015, released at the African Development Bank Group’s 50th Annual Meetings.




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Emerging market slowdown and drop in trade clouding global outlook

A further sharp downturn in emerging market economies and world trade has weakened global growth to around 2.9% this year - well below the long-run average – and is a source of uncertainty for near term prospects, says the OECD.




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The time is now for a new Latin America-China partnership to foster mutual development strategies, says the Latin American Economic Outlook 2016

Latin America’s GDP growth slowdown deepened and is expected to be negative in 2015. For a second consecutive year, Latin America falls behind the average growth of OECD countries after a full decade of convergence with advanced economies, according to the Latin American Economic Outlook 2016.




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Elusive global growth outlook requires urgent policy response

Achieving strong growth in the global economy remains elusive, with only a modest recovery in advanced economies and slower activity in emerging markets, according to the OECD’s latest Interim Economic Outlook.




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Global economy stuck in low-growth trap: Policymakers need to act to keep promises, OECD says in latest Economic Outlook

The global economy is stuck in a low-growth trap that will require more coordinated and comprehensive use of fiscal, monetary and structural policies to move to a higher growth path and ensure that promises are kept to both young and old, according to the OECD’s latest Global Economic Outlook.




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Inequality in Denmark through the Looking Glass

This paper delivers a broad assessment of income inequality in Denmark.




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Inequality in Denmark through the Looking Glass

This paper delivers a broad assessment of income inequality in Denmark.




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Make better use of fiscal initiatives to escape low-growth trap, OECD says in latest Global Economic Outlook

Expansionary fiscal initiatives and maintaining trade openness are needed to push the global economy out of today’s low-growth trap, according to the OECD’s latest Global Economic Outlook.




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Better but not good enough: New approaches are needed to make globalisation work for all, OECD says in latest Economic Outlook

The global economy is expected to pick up moderately but greater efforts are needed to ensure that the benefits from growth and globalisation are more widely shared, according to the OECD’s latest Economic Outlook.




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Where should Slovakia look for workers?

Employment and hours worked are already at the highest since independence. The unemployment rate has fallen below historical norms. Nevertheless, more qualified people are needed.




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Ireland recovering strongly but weak productivity and Brexit cloud outlook

The Irish economy is recovering robustly. Business investment by local firms has picked up, household consumption is reviving while the boost to jobs and a rapidly declining unemployment rate have led to strong wage growth in a number of sectors, says a new OECD report.




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Amid strong outlook for U.S. economy, risks abound

The U.S. economy is experiencing one of the longest expansions on record, but the scars left by the Great Recession, as well as challenges posed by globalization and automation shocks, remain visible across the country, according to a new report from the OECD.




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Innovation, diversification and better logistics key to sustainable and inclusive growth, says latest Latin American Economic Outlook

After a decade of relatively strong growth, Latin America is facing headwinds associated with declining trade, a moderation in commodity prices and increasing uncertainty over external financial conditions, according to the latest Latin American Economic Outlook jointly produced by the OECD Development Centre, the UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and CAF - Development Bank of Latin America.




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OECD Employment Outlook 2014 - Key findings for Brazil

The unemployment rate in Brazil continues its downward trend, despite a slowdown in GDP growth. At 4.9% (for urban areas), Brazil’s unemployment rate is considerably below the OECD average of 7.4%.




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Elusive global growth outlook requires urgent policy response

Achieving strong growth in the global economy remains elusive, with only a modest recovery in advanced economies and slower activity in emerging markets, according to the OECD’s latest Interim Economic Outlook.




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Empowering the 40% of young Latin Americans not in formal jobs, education or training could spark new growth engines, says latest Latin American Economic Outlook

Latin America and the Caribbean’s (LAC) GDP will shrink by between 0.9% and 1% in 2016, according to the latest estimates, the second consecutive year of negative growth and a rate of contraction the region has not seen since the early 1980s. According to the Latin American Economic Outlook 2017, the region should recover in 2017, but with modest GDP growth of between 1.5% and 2%, below expected growth in advanced economies.




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OECD Employment Outlook 2017 - Key findings for Brazil

Between 2007 and 2014 Brazil sustained high employment rates, well above the OECD average. The country has historically high participation rates for men and women, as well a relatively low unemployment rate.




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How worrying is the outlook for the global economy?

The OECD expects world economic growth to fall to 2.9% this year- its weakest annual rate since the financial crisis.




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Bank of England policy report: What to look out for

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




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IMF revises down economic outlook in Gulf states

Regional forecast reflects oil production cuts and comes amid price volatility




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Education leaders look for students with practical potential and ‘Midlands grit’

Teaching geared to developing ‘ability to use wide range of career skills’




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Johnson looks to border checks as price for easing lockdown

UK expected to take gradual approach to lifting restrictions after Monday




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Indonesia looks to set up sovereign wealth fund

Initiative would be modelled on Singapore’s Temasek with focus on start-ups




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Danish outsourcer ISS plunges on cut outlook

Shares drop to record low as chief admits company is ‘overstretched’




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Nations look into why coronavirus hits ethnic minorities so hard

Studies focus on Bame groups who are over-represented in Covid-19 cases




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New zen — why interior design is looking to Japan

This season’s hottest trend takes in all things Japanese - from Macaque to Japandi




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The future of festivals: arts organisations look towards 2021

With summer events cancelled, the focus is on how to recoup funding and audiences




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Astronomy boom as UK stargazers look to sky for solace

Less pollution and fine weather create ideal conditions for studying constellations




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Stiff challenges ahead as governments look to reopen economies

Companies must balance costs of staying shut against concerns for staff safety




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US meat inspectors given new role looking after people

Agency overseeing slaughterhouse reopenings has previously said worker safety is not its job




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Citigroup results, Standard Chartered's pay revolt and money laundering outlook

Patrick Jenkins and guests discuss what Citigroup's results tell us about the US bank earnings season, Standard Chartered chief Bill Winters' defiant response to investor criticism of his pay packet, and how banks are tackling the problem of money laundering, With special guest Brandon Daniels of Exiger 


Contributors: Patrick Jenkins, financial editor, Robert Armstrong, US banking editor, David Crow, banking editor, and Caroline Binham, financial regulation correspondent. Producer: Fiona Symon

 

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Outlook for German banks

Patrick Jenkins and guests discuss the health of German banks in the wake of bearish comments from Moody's and the Bundesbank, Unicredit's potential share buyback and why European banks appear to be retrenching in the US. With special guest Magdalena Stoklosa head of European banks research at Morgan Stanley.


Contributors: Patrick Jenkins, financial editor, David Crow, banking editor, Olaf Storbeck, Frankfurt correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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Davos News, Bank of America outlook and JPMorgan's shift towards Paris

Patrick Jenkins and guests discuss the latest from the World Economic Forum in Davos, the outlook for Bank of America, and JPMorgan Chase's decision to buy a second office in Paris. With special guest Brian Moynihan, chief executive of Bank of America. 


Contributors: Patrick Jenkins, financial editor, David Crow, banking editor, Laura Noonan, US banking editor, and Stephen Morris, European banking correspondent. Producer: Fiona Symon

 

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All about Yves: a new book charts Saint Laurent’s iconic looks

‘The Impossible Collection’ offers a 9.5kg overview of the designer’s whole career




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Look at me: Suzi Feay on the perils of self-indulgent art

“Those who live to please, must please to live.” But these days it’s often our privilege to watch the performers having a good time  


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Look, don’t sketch: Peter Aspden on the V&A’s blockbuster dilemma

Citing pressure of visitor numbers, the museum banned sketching at its recent “David Bowie Is” exhibition – a move that shows how hard it is for curators to reconcile accessibility and academic values, the FT’s arts writer says  


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US looks to step up economic action against China

As relations deteriorate over virus, Washington considers curbing supply chains and investment flows




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Argentina’s central bank chief warns on market outlook

Guido Sandleris says it is ‘too soon’ to declare that stability has returned to peso




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What would a female-driven workplace look like?

How can we make corporate life female-friendly? Deborah Hargreaves, former FT journalist and founder of the High Pay Centre think tank, spent a year talking to women to research this topic and she came into the studio to discuss her findings with Isabel Berwick and Josh Noble. Read Deborah's report here


Contributors: Naomi Rovnick, Live News reporter, Isabel Berwick, editor of FT work and careers, Deborah Hargreaves, director of the High Pay Centre, and Josh Noble, weekend news editor. Producer: Fiona Symon

 

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Bleak outlook for bankers as trading jobs slashed

Falling interest rates, weak trading volumes and automation have led to an exceptionally brutal summer for global investment banks, which have shed tens of thousands of jobs, particularly on trading desks. Stephen Morris, European banking correspondent, discusses the bleak outlook for bankers with Robert Armstrong, US financial editor.


Contributors: Stephen Morris, European banking correspondent, and Robert Armstrong, US financial editor. Producer: Fiona Symon

 

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What will the UK property market look like after lockdown?

Join our live discussion with buying agent Henry Pryor on Friday May 8 at 12 and 5pm UK time




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Tianqi looks to sell stake in world’s largest lithium mine 

Chinese producer moves to offload some of its majority holding in Australia’s Greenbushes project




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BA to cut up to 12,000 jobs as aviation outlook darkens

Parent company IAG warns it will take ‘several years’ to return to 2019 passenger levels




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What is the outlook for the UK housing market?

Share your experiences of trying to buy or sell a house under current market conditions 




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Loeb looks to back out of $2.6bn Global Blue deal

Hedge fund billionaire cites Silver Lake-backed company’s reliance on international travel