Tuesday 30 May 2017
 
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OECD

Action on climate change will boost economy: OECD

Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20.

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Opec scores 90pc compliance with output agreement

Opec crude production fell by one million barrels per day (mbpd) to 32.06 mbpd in January, leading to record initial compliance of 90 per cent with the recent output agreement, said the International Energy Agency (IEA) in a new report.

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GEMS Education in assessment programme tieup

Dubai-based GEMS Education is partnering with France’s Organization for Economic Cooperation and Development (OECD) to support the launch of a new approach to improving education assessment and strategies in low- and middle-income countrie

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UAE to implement G20, OECD tax procedures

The UAE government is set to begin implementing the standards of joint disclosures and the exchange of information for tax purposes set out by the G20 and Organisation for Economic Cooperation and Development (OECD), in accordance with the Forei

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Structural reforms needed to spur Mena economy: OECD

Mena countries should press ahead with further economic and structural reforms to boost flagging trade and investment, restore public trust and create jobs for the region’s young population, the OECD Secretary-General said.

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Central banks nearing limits of ability to stimulate growth

The world's central banks are "pretty close" to the limits of their ability to stimulate economies, Angel Gurria, head of the Organization for Economic Co-operation and Development (OECD), said on Saturday. In the ab

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IEA sees oil market balance in H2, stock build next year

The oil market is now in balance thanks to unplanned outages and robust demand, particularly from emerging economies, but this equilibrium will tilt into surplus again early next year, the International Energy Agency said on Tuesday.

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Oil rises on signs of tightening market

Oil prices rose on Monday, extending sharp rises from the end of last week following a decline in US inventories and drilling, while outages and hopes that exporters could freeze output boosted international prices. Analysts also

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Oil rises on signs of tightening market

Oil prices rose on Monday, extending sharp rises from the end of last week following a decline in US inventories and drilling, while outages and hopes that exporters could freeze output boosted international prices. Analysts also

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OECD cuts 2016 world GDP growth forecast to 3pc

Paris-based Organisation for Economic Co-operation and Development (OECD), a think tank funded by wealthy countries, cut its 2016 global growth forecast to 3 per cent in its interim economic outlook, from the 3.3 per cent it forecast in November

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