The Latest Breaking News from OECD

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 · Jun 3

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 · Jun 3

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 · Jun 3

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 · Jun 2

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 · Jun 1

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 · Jun 1

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 · May 27

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 · May 24

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

The Guardian - UK · May 24

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.

Fortune · May 22