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The Latest Breaking News from OECD

Prime Minister Anutin Charnvirakul has set a bold target of 2028 for Thailand to join the Organisation for Economic Co-operation and Development (OECD).

Bangkok Post

Training young people for jobs: insights from 9 African countries on what’s missing

Africa’s young population is often described as a demographic dividend: a potential economic advantage if young people can gain the skills and jobs needed to contribute productively. But for many young people, that promise is slipping away. They leave school or training and enter labour markets where formal jobs are…

The Conversation

Office urged to consider 'Golden Share' framework

The Organisation for Economic Co-operation and Development (OECD) has recommended the State Enterprise Policy Office (Sepo) amend relevant legislation and introduce a Golden Share mechanism, granting the government the authority to veto decisions by state-owned enterprises that could affect national security, even if it no longer holds a majority stake.

Bangkok Post

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The Mental Load Has a Price Tag: How Invisible Household Labor Affects Spending

Most people think of household expenses as groceries, utilities, and mortgage payments, but there’s another cost hiding in plain sight. The mental load—the invisible work of planning, remembering, scheduling, and managing a household—can quietly influence how families spend money every day.

Budget and the Bees

One Nation is capitalising on Australians’ economic pessimism like never before. Is a ‘stagflation impulse’ to blame?

By tying housing cost to immigration, Pauline Hanson promises a simple solution to a multilayered problem

The Guardian - AU

OECD faces $500 billion productivity hit by 2040 as ageism keeps older workers sidelined: WEF

Ageism may cost OECD economies nearly $500 billion in productivity losses by 2040. Older workers face longer unemployment spells and structural barriers pushing them out. Demographic shifts show a significant increase in the global elderly population. Multigenerational teams can boost creativity and innovation while sharing skills. Tackling ageism offers economic…

The Economic Times

Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopening

Global oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United States and Iran threaten future oil surplus forecasts. The International Energy Agency sees potential disruption to its 2027 surplus projection. Refined product markets remain tight due to refinery issues and…

The Economic Times

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It’s Matariki, and growth may be waxing but inflation is in the ascendant

While the central bank looks for economic growth in the stars, new OECD data reveals New Zealanders' after-inflation wages plummeted 6.4 percent. Jonathan Milne reports.

Newsroom.co.nz

Mental illness is up in young people, dementia is now the biggest killer: Australia’s health in 2026

Australians’ life expectancy has increased steadily over time but dropped during the COVID pandemic, according to a new report released today by the Australian Institute of Health and Welfare.

The Conversation

Oil Prices Slide as Markets Bet on Hormuz Normalization

Brent and WTI oil prices are on track for their worst quarterly losses since 2020, with Brent trading at around $73.30 per barrel and WTI at $71.11 per barrel during the June 30 session, down 38% and 30% respectively.

inkl

Inflation-fuelling supply shocks under RBA microscope

The Reserve Bank is aiming to make its communications more accessible to a broader audience as it tries to ward off rising inflation expectations.

AAP

France backs Thai OECD bid

France has affirmed its full support for Thailand's bid to join the Organisation for Economic Co-operation and Development (OECD) during a meeting between French Ambassador Jean-Claude Poimboeuf and Prime Minister Anutin Charnvirakul.

Bangkok Post

Trump Targets EU Digital Taxes With 100% Tariff Threat, Raising Stakes For Transatlantic Trade

President Donald Trump has opened a new front in the transatlantic trade fight, warning that any European digital tax targeting US tech giants will trigger a 100% tariff on all goods shipped to the US.

Benzinga

Hidden costs of Land Bridge project

When the Thai government discusses the Land Bridge, the conversation almost always centres on GDP growth and economic returns. The mega-project, expected to cost at least 1 trillion baht, forms part of the planned Southern Economic Corridor, another effort to boost development in the South.

Bangkok Post

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Euronews

Extreme weather, conflicts and responsible tourism: How travel is changing in 2026

Destinations will need to strengthen their ability to anticipate and adapt to uncertainty, according to a new report.

Bangkok Post

Thailand among the best in Asia for business

Thailand has been ranked 27th in the world and 7th in Asia among the best countries for starting a business, aligning with the government's ongoing efforts to reform the country's economic structure and enhance its global competitiveness, according to deputy government spokeswoman Lalida Persvivatana, citing the US News & World…

The Guardian - US

When it comes to taxing the super rich, there’s no need to reinvent the wheel

Any new tax on the rich won’t raise much money unless many of the exceptions and loopholes are dealt with

Euronews

Spain removes Gibraltar from its tax haven list after 35 years, adds Russia

The Spanish Ministry of Finance has updated its list of non-cooperative jurisdictions, removing Gibraltar after 35 years and adding Russia, in line with the European Union's position

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International Business Times

Immigration Has Fueled Growth Across Wealthy Nations for Decades, Study Concludes

A rise in immigration equivalent to 1% of a country's population was associated with a 1.2% increase in GDP per worker within five years and a 1.9% increase after a decade, according to a new paper.

Bangkok Post

Customs Department bans rewards for its executives

The Customs Department is cancelling reward money for its executives from seizures of smuggled goods and imports that violate tariffs to prevent conflicts of interest, says director-general Phantong Loykulnanta.

The Conversation

Are algorithms unfairly screening out immigrant job applications?

Canada’s new artificial intelligence strategy, AI for All, presents an ambitious vision for the country’s future. Artificial intelligence, the federal government argues, can boost productivity, strengthen competitiveness and create opportunity across the economy.

The Economic Times

JP Morgan lowers Brent crude price forecast for second-half 2026

J.P. Morgan has updated its Brent crude oil price forecast for 2026, lowering expectations due to unexpectedly weaker inventory draws and a decline in oil demand. The bank now estimates Brent prices will average $86 in Q3 and $80 in Q4, finishing the year at $78. This downward revision arises…

Euronews

Rules before resources: Europe’s investment agenda for Central Asia

European officials and financial institutions attending the Tashkent International Investment Forum highlighted regulatory stability, project preparation and cross-border connectivity as essential conditions for future investment.

The Independent UK

Ukraine-Russia war latest: Zelensky threatens Kyiv will pre-emptively attack Putin’s facilities linked to war

Trump says 'courageous' Zelensky is 'doing pretty well' in the war against Russia

Bangkok Post

Investment policy talks amid new top-up tax

The Finance Ministry is to meet relevant state agencies to discuss investment promotion following Thailand's introduction of a top-up tax measure, said a ministry source who requested anonymity.

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