The Latest Breaking News from OECD

U.S. inflation rate is in the middle of the pack globally

Americans aren't alone in experiencing sky-high gas and food prices.

Axios · Jun 13, 2022

The Observer view on Britain’s dire economic outlook

The true cost of Brexit is becoming painfully clearer by the day

The Guardian - UK · Jun 12, 2022

Deportation flights to Rwanda can go ahead as planned, UK court rules

A court in London rejects an emergency bid to block the deportation of asylum seekers to Rwanda. The first refugees are expected to be flown to the east African country next week despite public outcry over its human rights record. Also in this edition, there's disappointment in South Sudan and…

France 24 · Jun 10, 2022

Fuel cost surge and dire economic forecast shatter PM’s hope of reset

Zero-growth warning for UK as petrol prices surge and OECD says Britain will be weakest economy in G7 next year

The Guardian - UK · Jun 8, 2022

Payroll jobs grow more slowly than 2021

The Australian Bureau of Statistics said payroll jobs grew by 0.2 per cent in the month to May, recovering after the impact of the Easter holiday in April.

AAP · Jun 8, 2022

Why everyone’s on strike (but why it’s not the 1970s either)

I did something dumb yesterday – I forgot to check Citymapper. So I walked to my local tube station for 7:05am, only to find it was still shut following Monday’s strike. I returned home and in a dangerously decaffeinated haze put my pyjamas back on.

Evening Standard · Jun 8, 2022

UK economy to flatline in 2023 as cost of living crisis curbs spending , warns OECD

Inflation set to rise to levels “not seen since the Seventies.”

Evening Standard · Jun 8, 2022

OECD slashes global economic outlook on Russia-Ukraine war

The Organization for Economic Cooperation and Development says Russia’s war in Ukraine and the energy and food crises it worsened will severely drag down global economic growth and push up inflation this year

The Independent UK · Jun 8, 2022

Tories under pressure as report says UK economy will grind to a halt next year

THE UK economy will grind to a halt next year and will only be better than Russia’s among the G20, the OECD forecast on Wednesday.

The National (Scotland) · Jun 8, 2022

UK on brink of recession and will fall behind all major economies except Russia, OECD warns

Zero growth forecast for Britain next year and global average slashed to 2.8 per cent

The Independent UK · Jun 8, 2022