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The Latest Breaking News from OECD

Report: Disruption of Mideast energy supplies into next year would slam global economy

Prolonged disruption of energy supplies from the Middle East that lasts into next year would deal a severe blow to the global economy

The Independent UK

OECD cuts 2026 global growth forecast and warns of recession risk if Iran war persists

The war in the Middle East has dented economic growth prospects worldwide, with a more severe shock likely if no effective ceasefire is agreed before 2027, the OECD warned Wednesday.

Euronews

Global economic body weighs in on Australian rate rises

The OECD expects Australia's economic growth rate to slow to 1.8 per cent in 2027, which might require the Reserve Bank to lower interest rates.

AAP

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OECD warns prolonged Middle East war could sharply slow global growth

The global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and rising inflation if the war continues into next year. A prolonged conflict could significantly slow global growth. Asian nations heavily reliant on Middle East energy supplies are expected to face the biggest impact.…

The Economic Times

OECD predicts spate of recessions globally if Iran conflict drags into 2027

Policy forum lays out ‘prolonged disruption’ scenario in which world’s GDP falls to 2.1% this year from 3.4% in 2025

The Guardian - UK

Rural UK ‘particularly at risk’ of diesel shortages if Iran war continues

OECD forecast sets out economic risks from conflict, pointing to potential shortfalls to key energy products

The Guardian - UK

UK economy to grow 0.9% this year but outlook cut for 2027 – OECD

Forecasts predicted that global economic growth will slow to 2.8% this year, from 3.4% in 2025.

Evening Standard

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Waiting times for healthcare in Europe: The worst countries ranked

Waiting times for treatment in some European countries can run for years. This has real consequences for patients, experts warn. Euronews Health takes a close look at waiting times across several categories.

Euronews

Newsletter: A historic, hardline shift in EU migration policy

Also in this newsletter: Denmark's Mette Frederiksen holds on, Magyar sets off to Berlin and Paris, and former Lebanese deputy PM speaks live to Europe Today.

Euronews

China's state subsidies up to eight times more than OECD's, report says

Chinese state subsidies have hit record levels, climbing to nearly 10% of company revenue in the chip sector and distorting markets, according to a new OECD report, published as the EU mulls new measures to counter Beijing's aid.

Euronews

Kazakhstan targets €45bn in non-commodity exports as global export insurers turn to Central Asia

Kazakhstan plans to increase non-commodity exports by more than a quarter to nearly €45 billion by 2030, as global export credit agencies and investment insurers expand their presence in the country to back major infrastructure and industrial projects.

Euronews

Erica Stanford wants to tell you a story. Don’t listen.

Comment from Auckland University: Education is complicated, and we should be wary of stories that suggest it is otherwise

Newsroom.co.nz

What's left of a €100,000 salary after tax across Europe?

Eastern Europe generally offers higher take-home pay on a €100,000 gross salary, whereas Western and Northern Europe tend to show lower net figures at this income level. Tax calculations are complex, and Euronews Business provides approximate estimates.

Euronews

Parliament okays business licensing draft in OECD push

A draft law aimed at streamlining business licensing procedures has received parliamentary approval, supporting Thailand's goal of joining the Organisation for Economic Co-operation and Development (OECD).

Bangkok Post

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Newsroom.co.nz

Move-on orders punish poverty while we defund all the ways out of it

Comment: Begging and rough sleeping aren’t crimes of disorder. They’re symptoms of an under-resourced, under-performing security net.

The Guardian - UK

With oil markets nearing the danger zone, a US-Iran deal can’t come soon enough

Global prices are approaching a tipping point that could trigger inflation, shortages and, over time, recession

Fortune

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

Svenja Gudell, chief economist at Indeed, says baby boomers are retiring at a speed and magnitude that young generations can’t replace.

France 24

Germany becomes destination of choice for Jews leaving Israel

Last year, for the first time in its history, Israel recorded a negative migration balance. In 2024, 82,700 Israelis left the country, an all-time record. In Europe, Germany is benefiting the most, attracting 18 percent of this emigration according to the OECD. Settling in Germany is facilitated by reparation laws…

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The Conversation

Do Australians really ‘work half the week’ just to pay their income tax? See for yourself

The next federal election in 2028 looks set to be a battle of the tax plans.

inkl

Expert Analyzes How Artificial Intelligence Is Revolutionizing Customs Regulation

The use of artificial intelligence (AI) in customs regulation has emerged as one of the most significant transformations of recent decades, enabling governments to analyze large volumes of data in real time and identify risks with far greater precision

The Guardian - AU

One Nation says it’s the only party in Australia to question climate science. It should ask itself why

Climate change denial has become untenable yet Hanson’s party digs in – with conspiracy theories, cherrypicking and claims that are easy to refute

Bangkok Post

Rich nations face bigger climate-finance challenge

PARIS - Wealthy countries topped their $100-billion annual climate finance goal for poorer nations for the third straight year in 2024, the OECD said Thursday, but questions are growing over their ability to meet a new larger pledge.

Euronews

Winners and losers: Real household income growth across Europe in 2025

Poland and Portugal saw the strongest real household income growth in Europe over the last two years. Among major economies, Spain led the way.

The Economic Times

Tax vs Customs: Why MNCs face a growing valuation and compliance battle

MNCs face rising conflict between tax and customs rules on related-party pricing, as India’s tighter digital scrutiny raises compliance risks, litigation and valuation disputes.

Newsroom.co.nz

Small business needs help to step up to fill NZ’s missing middle

Comment from Auckland University: Even with state backing, small and medium enterprises deal with too much risk from owners’ personal balance sheets

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