The Latest Breaking News from OECD

Australia hopes to change climate reputation at COP27

A new government hopes to transform Australia’s reputation into a climate leader at COP27. But there’s a lot of damage to unpick.

360info · Oct 31, 2022

F1 faces legal challenge over Bahrain contract and sportswashing

Formula One faces a legal complaint accusing it of breaching OECD guidelines after the sport concluded a deal this year extending its contract to hold races in Bahrain until 2036

The Guardian - UK · Oct 27, 2022

Foreign aid gets $1.4bn budget boost but Australia still among least generous in OECD

Aid sector welcomes Albanese government’s commitment but says country ‘can and must do better’

The Guardian - AU · Oct 26, 2022

HSBC 'green' ads banned because they did not give information on bank's own emissions

The bank was told by the Advertising Standards Authority to ensure 'future marketing communications featuring environmental claims were adequately qualified'

Wales Online · Oct 19, 2022

HSBC ‘green’ ads banned for omitting information about bank’s own emissions

The posters, seen on bus stops in Bristol and London in October 2021, read ‘Climate change doesn’t do borders’.

The Independent UK · Oct 18, 2022

OECD Expects Saudi Arabia to Top G20 Economies for 2 Years

The real GDP growth projections of the Saudi economy are expected to reach 9.9 percent this year, and six percent in 2023, recording the highest growth rate among the G20 countries, according to a report by the Organization for Economic Cooperation and Development (OECD). The report "OECD Economic Outlook Interim…

Asharq Al-Awsat · Oct 18, 2022

Living costs top worry for Israeli voters stuck in election treadmill

Israelis are as fed-up with soaring prices as they are with the country's seemingly never ending elections. In the Nov. 1 ballot - a fifth in less than four years - steep living costs, exacerbated by record inflation, are top priority for voters.

Reuters · Oct 13, 2022

Brazil's slippage in corruption index clouds OECD membership, report says

Brazil slipped in its global corruption positioning due to government interference in the work of law enforcement agencies that has caused serious consequences for anti-graft efforts, Transparency International (TI) said on Tuesday.

Reuters · Oct 11, 2022

Half of poorest countries have cut health spending despite Covid, says Oxfam

Analysis of budgets finds rich nations, including UK, ‘exacerbated explosion of economic inequality’

The Guardian - UK · Oct 10, 2022

Liz Truss dreams of growth – but even if she pulls it off, it won’t help Britain

Incomes have stalled while the rich get richer. It’s clear the obsession with GDP has to change, says the University of Sheffield’s Michael Jacobs

The Guardian - UK · Oct 10, 2022