The Latest Breaking News from OECD

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…

Russia's invasion of Ukraine is derailing the global economy's recovery from the Covid-19 pandemic. The Organisation for Economic Cooperation and Development (OECD) is the latest to slash its global GDP growth forecast for 2022, from 4.5 percent projected in December to just 3 percent in its latest outlook. Driving that…

Prime Minister Boris Johnson told Britons on Thursday he was "on your side", vowing to build a high-growth, low-tax economy where everyone could buy their own home, in his latest attempt at a reset after surviving a major revolt against his leadership.

Business group downgrades its outlook for growth next year to 0.6% as inflation soars

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

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.

The OECD has warned of further upside risks to inflation in Australia and the possibility of more aggressive interest rate rises by the Reserve Bank.

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.

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