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The Latest Breaking News from OECD

Don’t Worry Village: The young S Koreans who left Seoul, seeking community

Disillusioned with Seoul’s work-to-survive lifestyle, a group of Koreans find refuge in the rural ‘Don’t Worry Village’.

Al Jazeera

Property tax across Europe: Which countries collect the most, and what’s their share of total tax?

Property tax policies vary across Europe. In some countries, such as the UK and France, property taxes make up a significant share of both GDP and total taxation.

Euronews

Mind the skills gap: Older workers falling behind in training

Older workers are falling behind in training. The OECD says a stronger focus on boosting their skills is crucial for the labour market.

Euronews

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AI is peeling back the layers of ‘low-value’ work – NZ may be well placed to adapt

As generative artificial intelligence (AI) advances at breakneck speed, it is upending assumptions about which jobs are “safe” from automation.

The Conversation

Wealth taxes don’t always work the way governments hope they will. Here are some alternatives

With the UK government facing a multibillion pound gap between revenue and spending, calls for a wealth tax are becoming louder.

The Conversation

“Women Fought For This”: Mom’s Video About Challenges Of Being A Working Mom Splits The Internet

How can the system be so messed up?

Bored Panda

Countries under pressure to finalise UN plastic pollution treaty as talks resume

Countries are meeting in Geneva, Switzerland, where they will hope to break a deadlock in talks for a legally binding agreement on plastics.

Evening Standard

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Surviving retirement: Where do older Europeans get their money?

Public payouts, such as state pensions, account for around two-thirds of the income of people aged 65 and over in Europe.

Euronews

Educated but still unemployed: How does unemployment vary among university graduates across Europe?

Unemployment rates are higher among the general population than among university graduates across Europe—except in Turkey. Euronews Business looks at the data.

Euronews

The biggest voices need to admit Australia is a low-taxing nation before joining the economic reform conversation

Acoss’s new report factchecks some myths about Australia’s tax system and should be the basis of any discussion at the government’s roundtable

The Guardian - AU

US and European economies depend heavily on immigrants – decades of data reveal just how much

As anti-immigration rhetoric surges across Europe and the United States, it is vital that we look beyond the fearmongering and analyse what is really going on. While human mobility is often presented as a burden, the truth is quite the opposite. It is an essential driver of economic growth, demographic…

The Conversation

Australia scores well in managing chronic health issues

The first international survey of patients living with chronic conditions who saw GPs has found that Australia is one of the top performers worldwide.

AAP

Heatwaves in Europe: Which countries face the biggest GDP and labour productivity losses?

Rising heat is already affecting Europe’s economy, and researchers warn the losses in GDP and productivity will worsen in the decades ahead.

Euronews

The US Dollar’s Sharp Decline

The U.S. dollar has plummeted against the euro since the beginning of 2025, shedding more than 12% of its value.

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The Independent UK

Samsung heirs sell Seoul villa to pay South Korea’s largest-ever inheritance tax bill

Sale of £13m Itaewon property adds to Samsung family’s asset liquidation drive

The Guardian - US

Trump bullied Canada over ‘digital taxes’ – and Ottawa submitted

The question now: will countries cave in to these threats or stick together and collect the billions they are rightly owed?

Euronews

Which EU country pays the most and the least for food, drinks and tobacco?

As inflation remains at 2.6%, Denmark was the most expensive country for bread and cereals, as well as for fish, while Romania is the least expensive for fruits, vegetables and potatoes.

inkl

When the Soil Dries Up and the Labels Stay On

The OECD’s latest report on global land degradation paints an increasingly alarming picture. With 4 °C of warming, droughts are projected to become up to seven times more frequent.

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Al Jazeera

What was Canada’s digital tax that Trump threatened trade talks over?

Canadian PM Mark Carney said on Sunday he and President Donald Trump had agreed to resume trade negotiations.

The Conversation

‘I’m not going to give up’: how to help more disadvantaged young people go to uni and TAFE

On Wednesday, Education Minister Jason Clare hailed an increase in the numbers of Australians starting a university degree. In 2024, there was a 3.7% increase in Australian students starting a degree, compared to the year before.

The Guardian - UK

How did Spain come to be one of the few nations holding firm on aid spending?

By refusing to slash funding to poorer nations, Spain became an outlier in the new world disorder. Next week it hosts a UN summit in Seville to prove it

The Conversation

Despite decades of cost cutting, governments spend more than ever. How can we make sense of this?

Recent controversies over New Zealand’s Ka Ora, Ka Ako school lunch program have revolved around the apparent shortcomings of the food and its delivery. Stories of inedible meals, scalding packaging and general waste have dominated headlines.

Barchart

Nvidia CEO Jensen Huang Doesn’t Think The U.S. Has as Big of an Advantage in AI as We Think, ‘Huawei Will Have China Covered’

Nvidia CEO warns U.S. tech export bans may backfire, boosting China’s self-reliance and weakening America’s innovation and economy.

Euronews

Pensioner poverty in Europe: Which countries have the highest rates?

Pensioners tend to face greater financial difficulty in Eastern Europe, while poverty rates are generally lower in Nordic and Western European countries. Switzerland and the UK are outliers here, showing comparatively high levels of pensioner poverty.

Euronews

EU targets Trump's 'Big Beautiful Bill' over tax provision in tariff talks

The US budget bill could impose a tax of up to 20% on US-sourced income received by foreign investors. The provision of the bill, which has raised concerns within the EU, is currently part of the ongoing negotiations on tariffs, according to EU lawmaker Markus Ferber.

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