With global oil supply running 1.4 million barrels per day above global demand in the first half of 2015, inventory dynamics will continue to deteriorate, leading to Brent trading below $40 per barrel over the next two months, a report said.
Living standards continue to diverge within many economically advanced countries as poorer regions struggle to catch up with richer ones, according to new research by the Organisation for Economic Co-operation and Development (OECD).
People’s well-being has generally progressed since the early 20th century across a large part of the world, according to new research published by a consortium of economic historians (CLIO-INFRA).
How Was Life? Global Well-B
The Organisation of Economic Co-operation and Development (OECD) countries accounted for around 50 per cent of the world’s gross domestic product (GDP) expressed in Purchasing Power Parities (PPPs) in 2011 - the latest benchmark year - com
European banks have a combined capital shortfall of about 84 billion euros ($115 billion), German weekly WirtschaftsWoche reported, citing a new study by the Organisation for Economic Co-operation and Development (OECD).
Global oil demand will increase more quickly this year as economic growth accelerates, outstripping supply even as shale oil production in the US reaches record highs, the West's energy watchdog said on Tuesday.
Representatives from various Mena countries attended a workshop on international tax avoidance and ways to maximise the use of tax treaties in Ajman.
Based on the strategic partnership between the UAE and the Organisation for Econ
Opec's production remains higher than next year's global requirement for its crude, the exporter group said on Tuesday, even after Saudi Arabia cut production from a record high level.
The monthly report from the Organizat
A deal averting the risk of default in the US this week does not offer a real solution to problems posed by US disputes over debt, the head of the Organisation for Economic Co-operation and Development (OECD) has said.
Saudi Arabia gave more aid than 15 OECD Development Assistance Committee (DAC) countries in 2011 and roughly the same amount as Canada ($5.5 billion), a new report said.
However, Saudi Arabia's allocated of