Avainsana: economy

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U.N. report suggests temporary basic income to help world’s poorest amid pandemic

A temporary basic income for the world’s poorest 2.7 billion people in 132 developing countries could help slow the spread of the coronavirus by allowing…

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Unmasking the EU’s massive pandemic recovery fund: the fine print

EU leaders went the distance to agree a historic coronavirus recovery fund for the bloc. But doling out €750 billion in grants and loans will…

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EU needs ambitious financial deal more than fast one, Lagarde says

It is better for European Union leaders to agree an ambitious financial aid package for the bloc rather than to have a quick deal at…

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EU tax package seeks to crack down on tax fraud

A new Tax Package unveiled by the EU Commission Wednesday looks to intensify the fight against tax abuse and curb unfair tax competition in order…

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Virus-hit Singapore plunges into recession as economy shrinks 41%

Singapore plunged into recession in the second quarter as the economy contracted more than 40 percent, preliminary data showed Tuesday, with the trade-dependent city state…

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Better African heatwave data could save lives, shield economies, report says

Heatwaves over the last century in sub-Saharan Africa have not been properly recorded, undermining early warning systems to save lives and prevent economic losses caused…

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A taxing problem: how to ensure the poor and vulnerable don’t shoulder the cost of the COVID-19 crisis

In the wake of the unprecedented COVID-19 crisis, tax systems should be reformed, and tax avoidance and evasion reduced, to ensure an economic recovery in…

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Europe’s recession may be milder than feared, ECB’s Schnabel says

Some economic indicators suggest that Europe’s pandemic-induced recession may be milder than earlier feared, European Central Bank board member Isabel Schnabel told Dutch newspaper NRC…

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Countries ‘off-track’ to end rising global poverty, UN report warns

Countries are completely “off-track” to meet their goal to end extreme poverty by 2030, according to a new report to the United Nations. Indeed, contrary…

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Eyeing United States, EU lawmakers seek quicker trade retaliation

EU lawmakers overwhelmingly backed a proposal on Monday to allow the European Union to retaliate more quickly in trade disputes, with a clear eye on…

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