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The Latest Breaking News from OECD

Government ‘relentlessly focused’ on economy amid reports of lower growth – No10

The Office for Budget Responsibility is said to have cut its projections for economic growth.

The Independent UK

Ad giant WPP reported to global watchdog for promotion of polluting clients

Lawyers have filed a complaint to the Organisation for Economic Cooperation and Development on behalf of environmental campaigners.

The Independent UK

UK among top five most expensive countries for childcare - as nursery fees set to rise again

Childcare costs in the UK already make up 19 per cent of average income, but national insurance contributions will drive nursery fees even higher, finds industry group

The Independent UK

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Tariffs ‘not conducive’ to economic growth – Irish premier

Mr Martin said it is important for the EU to maintain a ‘positive’ trading relationship with Mr Trump.

Evening Standard

As Trump tries to slash US foreign aid, here are 3 common myths many Americans mistakenly believe about it

U.S. foreign aid is in disarray.

The Conversation

What is the 90-year-old tax rule Trump could use to double US taxes on foreigners?

US President Donald Trump isn’t happy about the way some countries are taxing American citizens and companies. He has made clear he’s willing to retaliate, threatening to double taxes for their own citizens and companies.

The Conversation

CFOs should take Trump's tariff plans 'very seriously,' says KPMG exec

There are three major factors corporate tax departments must face in 2025.

Fortune

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1975 was declared International Women’s Year. 50 years on, the ‘revolution in our heads’ is still being fought

In December 1972, the same month the Whitlam government was first elected, the United Nations General Assembly proclaimed 1975 as International Women’s Year (IWY). This set in train a series of world-changing events, in which Australia was to play a significant part.

The Conversation

Bid for better education standards to fix skills crisis

The business council is calling for new national targets to place Australia back in the top 10 in the OECD rankings across reading, maths and science.

AAP

Open (your wallet) wide: Australians pay more for dental care than most OECD countries

Australia ranks well when it comes to total dental care expenditure. But a closer look at the numbers reveals that trips to the dentist are a luxury many people can’t afford

The Guardian - AU

With Davos dominated by Trump’s second coming, global collaboration is out

Adapting themselves to Trump’s zero-sum worldview, global leaders ditched any appeal to high-flown ideas

The Guardian - UK

UN development chief urges UK to rethink ‘brutal’ cuts to aid budget

Achim Steiner calls for ministers to discuss reversals to overseas aid squeeze imposed by Rishi Sunak

The Guardian - UK

Misleading fear campaigns may kill Labor’s superannuation changes. But here are the real numbers

Increasing the tax rate on superannuation balances above $3m would affect less than 1% of the population – and yet it is still unlikely to pass

The Guardian - AU

Trump orders crackdown on possible foreign tax grabs on U.S. companies

In a memorandum, President Donald Trump said a global tax deal earlier agreed upon has “no force or effect” in the United States.

Fortune

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The Conversation

Lobbying in ‘forever chemicals’ industry is rife across Europe – the inside story of our investigation

A team of academic researchers, lawyers and journalists from 16 European countries has exposed a huge lobbying campaign aimed at gutting a proposed EU-wide restriction on the use of “forever chemicals”. This campaign saw significant increases in the lobbying expenditure of major producers of perfluoroalkyl and polyfluoroalkyl substances (PFAS), known…

The National (Scotland)

UK residents are much poorer than those in Europe. Is independence the answer?

PEOPLE living in the UK are 39 worse off than those in neighbouring countries, a think tank found this week – and campaigners argue independence…

The Guardian - UK

UK failing to match EU in fight against ‘forever chemicals’, say scientists

Experts criticise Defra’s decision not to use OECD definition of PFAS, with one asking if move is ‘politically based’

The Guardian - UK

Industry using ‘tobacco playbook’ to fend off ‘forever chemicals’ regulation

Industry-funded research and exaggerated claims litter arguments made by fluoropolymer industry against stricter regulation

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Al Jazeera

Australia’s economy was the envy of the world. Now it’s falling behind

After record-breaking streak of growth, Australia is lagging behind its peers amid cost-of-living and productivity woes.

Al Jazeera

What is ‘waste colonialism’ and why has Thailand banned imports of plastic?

China had taken in nearly half of the world’s plastic waste since 1992 until it imposed an import ban in 2018.

The Guardian - UK

UK low- to middle-income families far poorer than OECD counterparts – study

Britons 39% worse off than Dutch equivalent due to housing costs 44% higher than western European average

International Business Times

US Tariffs Unlikely To Have 'Significant' Inflation Impact: Fed Official

The effect of new tariffs under consideration by US President-elect Donald Trump is unlikely to be "significant or persistent," a senior Federal Reserve official said Wednesday.

The Conversation

In 2025 and beyond, schools need to teach more than just ‘the basics’

In Roman mythology, Janus was the god of doors, gates and transitions. Able to see in two directions, Janus was associated with passages, beginnings and endings.

The Guardian - UK

UK teenage girls outdrink boys by widest margin in Europe, study finds

More than a third of 15-year-old girls and less than a quarter of boys in UK say they repeatedly get drunk, OECD says

The Guardian - UK

ECB faces tough task after flip in fortunes for eurozone economies

Economists say EU countries hardest hit by 2010s debt crisis now in stronger position than France and Germany

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