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The Latest Breaking News from OECD

‘Is it “woke” to care about the environment?’: how Trump’s cuts are dismantling global conservation work

Hundreds of projects supported by USAID have been thrown into doubt, as fears grow of an increase in crimes such as poaching and trafficking

The Guardian - UK

Finland ‘ahead of schedule’ on coal phase out as Helsinki’s Salmisaari plant closes

Wind power in Finland has more than doubled since 2020 to supply a quarter of the country’s energy.

Euronews

Looming Trump tariff deadline sparks fresh fears of higher costs worldwide

Donald Trump’s tariff policy has sent ripples through the financial markets as investors assess what the impact will be on global trade.

Evening Standard

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Clean Energy Giant Goldwind Leads China's Global Sector Push

China has rushed ahead in recent years as the world's forerunner in wind energy, propelled by explosive local demand as Beijing aggressively pursues strategic and environmental targets.

International Business Times

Australian prime minister calls election amid shadow of Trump and cost-of-living crisis

Anthony Albanese’s ruling Labor party faces a challenge by the centre-right Coalition led by Peter Dutton at the 3 May vote

The Guardian - AU

25 years into a new century and housing is less affordable than ever

Of all the problems facing Australia today, few have worsened so rapidly in the past 25 years as housing affordability.

The Conversation

This budget’s tax tinkering isn’t the same as meaningful tax reform. Here’s why

Labor’s tax changes this week do not tackle tax reform, or why we desperately need it. They only address the amount collected from personal income tax, which is the largest source of tax revenue.

The Conversation

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First Thing: Mike Waltz takes ‘full responsibility’ for Signal chat gaffe

National security adviser accepts he made the group but deflects blame. Plus, the definitive guide on getting over a grudge

The Guardian - UK

The Spanish economy grew 3.2% in 2024: Why is it outperforming peers?

Spain's economy grew 3.2% in 2024, one of the fastest in the eurozone, driven by strong domestic demand, robust tourism, and EU recovery funds, outperforming Germany, France and Italy. Economists say Spain remains a ‘bright spot’ in Europe, expecting this outperformance to continue through 2025.

Euronews

Tackling climate crisis will increase economic growth, OECD research finds

Third of global GDP could be lost this century if climate crisis runs unchecked, says report

The Guardian - UK

Rachel Reeves ‘set to impose further welfare cuts worth £500m’

The Office for Budget Responsibility is said to have rejected the Treasury’s saving estimates from last week’s welfare cuts, paving the way for even more difficult choices

The Independent UK

Reeves poised to make further welfare cuts as budget watchdog gives its verdict

Chancellor Rachel Reeves will acknowledge she needs to go ‘further and faster to kickstart growth’ in her spring statement .

The Independent UK

Reeves to address grim economic outlook as she faces budget watchdog’s verdict

Fiscal watchdog the OBR is reported to have warned that welfare cuts will not save ministers the £5 billion they had expected.

Evening Standard

Reeves gets budget watchdog’s verdict as she hunts for elusive economic growth

Chancellor Rachel Reeves will set out how she will balance the books against a backdrop of economic stagnation.

The Independent UK

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Evening Standard

Chancellor faces ‘tough balancing act’ if tax on big tech firms is scrapped

One expert has said the perception of lowering taxes on big businesses while making government spending cuts would likely face criticism.

The Guardian - UK

X stands to benefit if UK pulls digital services tax in trade deal with US

Prominent campaigner says Elon Musk’s platform qualifies for the levy, which is on the block in negotiations

The Guardian - UK

Thirty-seven patients die needlessly each day in the NHS. Change is good, but patient safety must come first

The biggest area of risk – in terms of lives lost and cost – involves NHS maternity units. Organisation upheaval must not distract us from what matters most, says former health secretary Jeremy Hunt

The Guardian - AU

Big pharma is taking aim at Australia’s PBS. Could Trump force us to pay more for medicines?

Big pharma US wants to sell more drugs in Australia for more and its demands are now entangled with the ongoing trade tariff war

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Al Jazeera

Why is Trump dismantling the Department of Education – and what’s next?

The process of gutting the department will require approval from Congress, which might be hard to secure.

The Conversation

England’s national curriculum is up for review – lessons from abroad show how it could work better for everyone

A review of the English school curriculum is currently underway. The review’s recently released interim report makes clear that the current education system is not working well for all young people – in particular those with special educational needs and from more deprived backgrounds.

The Guardian - UK

Government debt costs in richest nations at highest since 2007

Payments by OECD countries outstrip amount spent on defence, police services and housing, report finds

Al Jazeera

Why has the UK government announced swingeing welfare cuts?

Prime Minister Keir Starmer says cuts will save UK billions per year, but advocacy groups slam move as ‘immoral’.

inkl

A Cross-Industry Outlook on Preparing for the Next Economic Dip

With the OECD projecting global growth to slow to 3.1% in 2025 and 3.0% in 2026, and trade policies continuing to shift unpredictably, businesses worldwide face a range of new challenges. From ongoing supply chain uncertainties to changes in consumer demand, leaders across industries are seeking strategies to stay competitive.

The Conversation

Why international students could be a critical factor in bolstering Canada’s economic resilience

For decades, international students have contributed to Canada’s research enterprise, workforce development and economic growth.

The Fashion Central

Millions Face £1,200 Benefit Cut as Rachel Reeves Pushes ‘Brutal’ Welfare Overhaul

Millions of disabled and long-term sick claimants could see their benefits slashed by as much as £1,200 a year as Rachel Reeves pushes ahead with major welfare cuts.

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