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The Latest Breaking News from OECD

UK growth forecasts cut as Donald Trump sparks trade war

The UK’s economic forecast has been slashed amid downgrades for the wider global outlook as experts warn over a hit to world growth and rising…

The National (Scotland)

UK and global growth forecasts cut amid warnings over Trump’s trade war

The OECD warned that consumers would face much of the burden of the trade war as inflation is expected to be sent surging.

The Independent UK

UK drops down list of affluent nations after decade of stagnation, NIESR finds

Districts in Birmingham now ranked below poorest areas of France, Malta and Slovenia as institute urges rethink on planned welfare cuts

The Guardian - UK

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Despite recent increases, JobSeeker still leaves people below the poverty line. Here’s why that affects us all

Over the past two years, there has been some progress in improving the JobSeeker payment. But payment levels remain below the poverty line.

The Conversation

Quantum technologies are changing our world – what does NZ need to be part of the next revolution?

As part of a major reform of the science sector, the government plans to set up a research organisation focused on emerging technologies, including quantum technologies.

The Conversation

Five years on: Britons among hardest hit by Covid fallout

Life expectancy, homelessness and young people’s mental health were among the areas where Britain performed poorly despite spending more than other countries

The Guardian - UK

Fact check: Minister’s growth claim, NHS appointments and the size of the Army

Round-up of fact checks from the last week compiled by Full Fact.

Evening Standard

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How did South Korea start producing more babies after long decline?

South Korea’s birth rate has risen for the first time in nine years. But the shift isn’t significant enough, say experts

Al Jazeera

UK awarded its lowest ranking for workplace gender equality in a decade

‘Sluggish’ pace in tackling gender pay gap and worsening employment levels push UK back to 18th in PwC index of OECD countries

The Guardian - UK

The Guardian view on a tax war: the world must unite against American obstruction

Editorial: Donald Trump’s threats to global tax reform have backfired, leaving the US isolated as nations push ahead with a new UN tax convention

The Guardian - UK

Tokyo is turning to a 4-day work week in a desperate attempt to help Japan shed its unwanted title of ‘world’s oldest population’

Tokyo even introduced a government-sponsored dating app to help people find partners.

Fortune

Canada’s productivity strategy needs to centre workers

As Canada moves into 2025, its productivity still lags, despite efforts by the federal government to address the issue in the 2024 federal budget.

The Conversation

Aussie retirees tipped to join world's wealthiest

Australian pensioners are tipped to be among the richest in the world by 2030 as Australian superannuation funds representatives head to a US summit.

AAP

50 Ingenious Recycle, Reuse, And Repurpose Projects To Spark Your Creativity

Upcycling old things can be very good for the environment. Not only that, but these projects can push the limits of your imagination! The post 50 Ingenious Recycle, Reuse, And Repurpose Projects To Spark Your Creativity first appeared on Bored Panda.

Bored Panda

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The Conversation

NZ has long suffered from low productivity. A simple fix is keeping workers happy

The low-productivity bogeyman has long haunted New Zealand, with people working longer hours for lower output than other comparable countries. The country is now one of the least productive in the OECD.

The Independent UK

Who funds global aid – and where do the billions of dollars go?

IN FOCUS: The US decision to freeze its spending in low-income countries has thrown vital services into crisis – and prompted urgent questions about the role of foreign aid and whether it can survive. Anne Gulland and Alicja Hagopian report

The Guardian - UK

How Spain’s radically different approach to migration helped its economy soar

As immigration has increased, GDP has surged and unemployment has fallen to lowest level since 2008

The Conversation

Boys not only perform better in maths, they are also more confident about the subject than girls

There is a persistent gender gap in Australian schools. Boys, on average, outperform girls in maths.

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Evening Standard

Fact check: Ukraine aid, immigration figures and growth projections

Round-up of fact checks from the last week compiled by Full Fact.

The Conversation

A new report card shows inequality in Australia isn’t as bad as in the US – but we’re headed in the wrong direction

It’s hard to remember a time the United States seemed as tense and divided as it does today. That should serve as a stark reminder of just how important it is to monitor the health of our own nation.

Evening Standard

Treasury launches leak inquiry over reports OBR has cut UK growth forecast

The watchdog is reported to have cut its growth forecast for the UK, causing problems for the Chancellor as she attempts to stick to her fiscal rules.

The Independent UK

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

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

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.

Evening Standard

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.

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