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The Dominican Republic and Nauru become the 97th and 98th jurisdictions to join the most powerful instrument against offshore tax evasion and avoidance

Mrs Rosa Hernández de Grullón, Ambassador of the Dominican Republic to France and Mr John Petersen, Advisor to the Minister of Finance of Nauru, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in the presence of Deputy Secretary General Rintaro Tamaki, therewith becoming the 97th and 98th jurisdictions to join the Convention.




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Pakistan becomes the 104th jurisdiction to join the most powerful multilateral instrument against offshore tax evasion and avoidance

Today, at the OECD Headquarters in Paris, Senator Mohammad Ishaq Dar, Minister of Finance of Pakistan, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.




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The Cook Islands become the 106th jurisdiction to join the most powerful international instrument against offshore tax evasion and avoidance

Today at the OECD Headquarters in Paris, Mr. Andrew Haigh, Collector of Inland Revenue of the Cook Islands, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.




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The United Arab Emirates become the 109th jurisdiction to join the most powerful multilateral treaty against offshore tax evasion and avoidance

His Excellency Muadid Hareb Mughair Al-Khaili, Ambassador of the United Arab Emirates to France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in the presence of the OECD Deputy Secretary-General, Rintaro Tamaki.




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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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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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Climate disclosure: knowledge powers change

Everybody is interested in the impacts of what companies are doing and the environmental practices and impacts of doing business are coming under increasing scrutiny. OECD Secretary-General Angel Gurría looks at how both governments and investors are ready to scale up climate disclosure and the use of climate information.




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OECD and AfDB launch powerful tool to help African companies prevent bribery

New guidance from the AfDB and the OECD will help African companies of all sizes set up measures to prevent bribery and improve the quality of corporate compliance and anti-bribery policies.




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Unleashing the Power of Big Data for Alzheimer's Disease and Dementia Research

More than 35 million people worldwide had dementia in 2010 and this number is expected to exceed 115 million by 2050. This paper reports on the opportunities offered by the informatics revolution and big data to address Alzheimer’s Disease and dementia. This will require careful planning and multi-stakeholder collaboration as technical, administrative, regulatory, infrastructure and financial obstacles emerge.




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Output-based hospital-specific Purchasing Power Parities

Purchasing Power Parities (PPPs) are commonly used to convert national currencies to a common unit. The main novel feature in the 2017 report is the collection of comparable and output-based prices for hospital services that can then be applied to matching health accounts expenditure data so as to derive consistent price and volume comparisons of health and hospital goods and services consumed.




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G20-World Bank-OECD conference on empowering consumers of financial products and services

This conference in Moscow explored strategies for developing financial literacy and capability and building effective consumer protection systems.




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OJK-OECD High-level Regional Seminar on Empowering MSMEs through Financial Literacy and Inclusion

Jakarta, 1-2 June 2016: This seminar addressed the importance of financial literacy and financial education for empowering micro, small and medium-sized enterprises (MSMEs).




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Financial inclusion and consumer empowerment in Southeast Asia

Although financial inclusion levels have improved in all Southeast Asian countries in recent years, levels remain relatively low in some countries. This report evaluates current levels of financial inclusion and financial literacy in Southeast Asia and describes the policies and programmes developed to support financial inclusion, education and consumer protection.




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Balance of economic power will shift dramatically over the next 50 years, says OECD

The balance of economic power is expected to shift dramatically over the next half century, with fast-growing emerging-market economies accounting for an ever-increasing share of global output, according to a new OECD report.




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Enhancing competitiveness, purchasing power and employment by increasing competition in France

Over the past decade, France has substantially eased the burden of anti competitive regulations and effectively enforced competition law against anti-competitive practices.




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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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Governance: The Chicago Tri-State metro area is a powerful region – policy makers must work together to maintain a global pole position and fully realise the region’s potential

Chicago is at a tipping point: despite economic strengths, it faces considerable challenges to compete in the “Premier League” of world-class cities, warns the OECD’s review of the Chicago Tri-State Metropolitan Region.




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Towards an empowering state: Turning inclusive growth into a global reality

It is hardly surprising that rising inequality has translated into growing political disaffection, anti-market sentiment and disenchantment with globalisation. In such a context, we desperately need to take action to promote inclusive growth and restore public confidence in the power of policymakers to improve people’s lives.




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Empowering women beyond Finland

From introducing equal inheritance rights in 1878, Finland continues to earn it's reputation as a global pioneer of gender equality.




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United States Imports of Power Generating Machines (4) Sitc

Imports of Power Generating Machines (4) Sitc in the United States increased to 6140 USD Million in March from 5987 USD Million in February of 2020. Imports of Power Generating Machines (4) Sitc in the United States averaged 5368.41 USD Million from 2010 until 2020, reaching an all time high of 7181 USD Million in March of 2019 and a record low of 2867 USD Million in January of 2010. This page includes a chart with historical data for the United States Imports of Power Generating Machines (4) Sitc.




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Buddies — a powerful Aids drama from 1985

Arthur J. Bressan’s re-released film has charm and poignancy




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Big Tech and Amazon: too powerful to break up?

While Google, Facebook and Twitter are set for a grilling in Congress over Russia, it is the online retailer that is drawing intense scrutiny




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Five ways the ECB can bolster the eurozone’s pandemic firepower

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




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Beyond Meat’s profit-driven pricing power

Even without scale, the fake meat industry is challenging the economics of its blood and guts rivals.




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Erdogan move to block minister’s resignation exposes  Turkish power struggle

President’s intervention over Suleyman Soylu suggests division at regime’s heart, analysts say




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Soul power: Peter Aspden on icons

The market for Orthodox icons has been revivified by Russian money in recent years – yet the genre’s spiritual charge and innate conservatism make it a challenging field for collectors  


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‘Downton Abbey’ and the gift of soft power

When David Cameron presented Li Keqiang with a ‘Downton Abbey’ shooting script recently, the gesture was fraught with subtext. But what should a post-imperial premier give to his rising-power counterpart? Peter Aspden has some suggestions. . .  


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Neumann accuses SoftBank of abuse of power over WeWork deal

Office group founder files lawsuit over largest investor’s decision to pull out of $3bn tender offer




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General election 2019: Boris Johnson declares ‘powerful mandate to get Brexit done’ — as it happened

The pound has soared more than 2 per cent in its biggest rise since 2017 after an exit poll has projected a strong victory for Boris Johnson’s Conservative party.

Read more




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Putin seeks to secure his legacy with power shake-up

Russia’s president Vladimir Putin has been in power for two decades and now it looks as though he intends to stay indefinitely. He has launched an overhaul of the country’s power structures that could allow him to extend his control after his official term ends in 2024. Katie Martin discusses the move with Max Seddon in Moscow and Ben Hall, Europe editor.


Contributors: Katie Martin, capital markets editor, Max Seddon, Moscow correspondent, and Ben Hall, Europe editor. Producer: Fiona Symon

 

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Is Trump abusing his power over the judiciary?

The sentencing of Trump ally and political strategist Roger Stone was mired in controversy after the US president criticised a juror and the original prosecutors in the case. The same week, Donald Trump granted clemency to seven white collar criminals. Does the president have too much power over the judicial system? Brooke Masters discusses with Edward Luce and Kadhim Shubber.


Contributors: Brooke Masters, opinion and analysis editor, Edward Luce, US national editor and columnist and Kadhim Shubber, US Legal and enforcement correspondent. Producers: Fiona Symon and Persis Love.

 

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US solar industry powers ahead as investors back batteries

Fund managers and energy-hungry tech companies bankroll ‘solar-plus-storage’ projects




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Drax to end use of coal at UK’s biggest power plant 3 years early

Group says 230 jobs will be lost at Selby site at it looks to beat 2025 fossil fuel deadline




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China’s Belt and Road power grids keep security critics awake

As Beijing connects the region, the Philippines weighs ‘shutdown’ risk




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Energy: how Texas learned to love solar power

A boom in projects across the Permian Basin comes amid coronavirus fears and a global oil price war 




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ScottishPower breaks ranks on energy bailout calls

Supplier says sector should be ‘back of the queue’ for additional government support




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Do global businesses have too much power?

Despite public anger, corporate regulation is likely to remain fragmented




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Rio weighs closure of Icelandic smelter as it struggles with power costs

ISAL facility remains unprofitable as aluminium producers face weaker demand and prices




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South Africa to impose its biggest rolling power blackouts

Eskom will remove 6,000 megawatts of demand to avert total collapse of national grid




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South Africa’s miners shut down by power cuts

State utility Eskom removed power to stave off grid collapse




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South African miners applaud move to cut reliance on Eskom power

Pretoria has waived rules that prevented mining groups generating electricity for their own use




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Deal of the week: Scottish Power Online Fixed Saver

Scottish Power has launched a new energy plan that allows customers to fix their bills




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Latin America must kick its addiction to oil-powered development

Ambitious plans for renewable energy rarely feature in government strategy




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From balcony concerts to cyber drinks — the power of ritual in the corona age

Under lockdown, communities are finding new ways to voice their defiance, anger and support




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TiVo enters the streaming market with a $50 Android TV-powered device, TiVo Stream 4K

TiVo today is launching a new device, its would-be Fire TV Stick competitor known as the TiVo Stream 4K. First announced at the Consumer Electronics Show in January, this $50 Android TV-powered HDMI dongle is TiVo’s attempt to insert itself into the streaming media device market. The new dongle arrives at a time when TiVo […]




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Johnson’s illness has made him more powerful

The UK prime minister’s brush with death has deepened his ties with voters




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Apple said to sell Macs powered by in-house ARM-based chips as early as 2021

Apple’s long-rumored Mac ARM chip transition could happen as early as next year, according to a new report from Bloomberg. The report says that Apple is currently working on three Mac processors based on the design of the A14 system-on-a-chip that will power the next-generation iPhone. The first of the Mac versions will greatly exceed […]




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The tragedy of two failing superpowers

To address the pandemic, China and the US must not only function. They must function together




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Apple said to sell Macs powered by in-house ARM-based chips as early as 2021

Apple’s long-rumored Mac ARM chip transition could happen as early as next year, according to a new report from Bloomberg. The report says that Apple is currently working on three Mac processors based on the design of the A14 system-on-a-chip that will power the next-generation iPhone. The first of the Mac versions will greatly exceed […]




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R&D Roundup: Sweat power, Earth imaging, testing ‘ghostdrivers’

I see far more research articles than I could possibly write up. This column collects the most interesting of those papers and advances, along with notes on why they may prove important in the world of tech and startups. This week: one step closer to self-powered on-skin electronics; people dressed as car seats; how to […]