Trends - OECD - Business Recorder

Opinion

World economy faces more pain in 2023 after a gloomy year

This was supposed to be the comeback year for the world economy following the Covid pandemic. Instead, 2022 was...

Published 08 Dec, 2022 06:29am

Print

Battling inflation ‘priority’ as global growth slows: OECD

PARIS: World economic growth is slowing due to decades-high inflation, the OECD said Tuesday, calling for...

Updated 23 Nov, 2022 09:35am

Business & Finance

UK public finances worsen, as OECD warns on outlook

LONDON: UK state borrowing jumped last month, official data showed Tuesday, as the government cushions consumers ...

Published 23 Nov, 2022 05:55am

Business & Finance

Europe to be hit hardest in global slowdown: OECD

PARIS: The global economy should avoid a recession next year but the worst energy crisis since the 1970s will...

Published 22 Nov, 2022 05:28pm

World

Global growth to slow amid ‘persistent’ high inflation: OECD

PARIS: World growth is set to slide from 3.1 percent this year to 2.2 percent next year due to high inflation,...

Published 22 Nov, 2022 03:21pm

Pakistan

Current health expenditure per capita stands at Rs6,432: PBS

ISLAMABAD: The annual per capita Current Health Expenditure (CHE) for Pakistan as per the National Health Accounts...

Published 08 Nov, 2022 05:57am

Opinion

Confiscation and recovery of assets

EDITORIAL: Countries should consider adopting measures that allow such proceeds or instrumentalities to be...

Published 04 Nov, 2022 05:56am

Opinion

Recovery of stolen assets

The global institutions in collaboration with the United Nations Office on Drugs and Crimes (UNODC) are working with...

Published 21 Oct, 2022 05:57am

Markets

Grim demand outlook pushes copper prices to 2-month low

LONDON: Copper prices fell to two-month lows on Monday as fears of a global slowdown, weaker demand, a higher dollar...

Published 27 Sep, 2022 04:06am

Business & Finance

World economy to slow, 'paying the price of war': OECD

Outlook for nearly all nations in the Group of 20 top economies cut, except for Turkey, Indonesia and Britain

Updated 26 Sep, 2022 07:48pm

Pakistan

Panfilo Marquez assumes charge as US Consul General

PESHAWAR: Panfilo Marquez assumed charge as the Consul General of the US Consulate General in Peshawar. Consul...

Published 14 Sep, 2022 04:45am

Editorials

Guterres’ greatness as UN chief

EDITORIAL: UN Secretary General Antonio Guterres during his recent visit to Pakistan called on international...

Published 13 Sep, 2022 06:12am

World

France, Germany to sidestep Hungary on global tax

PRAGUE: Germany, France and three other top European economies said Friday they would implement an international...

Published 09 Sep, 2022 06:20pm

Opinion

Forget showering, it’s eat or heat for shocked Europeans hit by energy crisis

No more ironing, limited oven use and showering at work – Europeans are trying to keep their energy use down but...

Published 27 Aug, 2022 05:49am

World

South Africa should cut corporate tax, keep COVID relief grant, says OECD

LONDON: South Africa should cut corporation tax, raise VAT and maintain COVID-19 relief grants, while making sure...

Published 25 Aug, 2022 02:42pm

Opinion

Deregulating the oil sector — II

The two biggest risks are demand-supply manipulation, creating shortages and manipulate prices. Shortages can be...

Published 24 Aug, 2022 05:08am

Business & Finance

Yellen says more opportunities for women will boost economic potential of US, South Korea

SEOUL: Boosting women’s participation in the workforce and giving them more leadership opportunities would boost the...

Published 19 Jul, 2022 10:46am

Opinion

Reimagining globalisation

Recent years have been witness to the world being rocked by unforeseen and unimaginable global catastrophes. The...

Published 17 Jul, 2022 05:19am

Opinion

Finance Act, 2022: Comments

General: This note contains the comments on the Finance Act, 2022 as passed by the National Assembly. These are...

Updated 02 Jul, 2022 12:33pm

Business & Finance

Swiss detail revenue split for global minimum tax rate

ZURICH: The Swiss federal government will get a quarter and regional and local authorities three-quarters of revenue...

Published 23 Jun, 2022 01:09pm

Opinion

Oil, gas prices: need for stabilisation fund

Oil prices go up and down. Now gas prices are also linked with oil prices. While lower oil prices go unnoticed and...

Published 22 Jun, 2022 05:58am

Opinion

Global economy at a delicate crossroad – I

Global economy stands at a delicate crossroad, where wrong policy choices will be difficult to unwind in at least ...

Published 10 Jun, 2022 06:16am

Print

OECD slashes growth outlook

PARIS: The war in Ukraine has made the growth outlook far bleaker even though the global economy should avoid a bout...

Published 09 Jun, 2022 06:18am

Business & Finance

Financial institutions: FBR to conduct compliance audit, inspections

ISLAMABAD: The Commissioners Inland Revenue (IR) Automatic Exchange of Information (AEOI) Zones would conduct...

Published 03 Jun, 2022 06:26am

Print

World Bank projects slowdown in remittances

ISLAMABAD: The World Bank has projected a slowdown in remittances to Pakistan and estimated it to grow at eight...

Updated 13 May, 2022 10:14am

Print

OECD sees one-point hit to global growth

PARIS: The fallout from the war in Ukraine could cut global economic growth by “over one percentage point” in ...

Published 18 Mar, 2022 05:20am

World

Ukraine crisis could cut 1% off global growth this year: OECD

PARIS: The Ukraine crisis could knock more than a percentage point off global growth this year and add two and a...

Published 17 Mar, 2022 03:13pm

World

Only nine percent of plastic recycled worldwide: OECD

PARIS: Less than 10 percent of the plastic used across the world is recycled, the OECD said Tuesday, calling for...

Published 22 Feb, 2022 05:53pm

Markets

Global oil inventories are exceptionally tight: Kemp

LONDON: Global petroleum inventories are the tightest for years in a sign the market is overheating, as the global...

Published 16 Feb, 2022 06:20am

World

OECD tells Israel to cut red tape in non-tech sectors to boost productivity

JERUSALEM: Israel needs to cut red tape in traditional industries so they can boost productivity and catch up with...

Published 13 Feb, 2022 06:48pm