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The Latest Breaking News from OECD

Is UK inflation worse than in the EU? Cost of living pressures squeeze household finances

Energy, fuel and food costs are among the biggest contributors to inflation at present. We take a look at how the UK's economic situation compares with our neighbours in the European Union.

Wales Online

Govt could yet force tech giants to pay NZ media

An Australian-style legislative response against global digital platforms to make them pay for media content remains possible as a new minister says too many news firms are hurting

Newsroom.co.nz

Australia lagging further behind OECD on research, Universities Australia chair warns

Universities Australia chair John Dewar will address the National Press Club on Wednesday.

The Canberra Times

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Corporation tax: why plans to set a global rate are too complicated and need a new approach

Back in 2021, the world’s richest countries announced plans to agree and enforce a minimum rate of corporation tax. The idea was to solve the problem of large companies generating huge revenues but paying very little tax into the public purse.

The Conversation

France can 'trust me' after subs rift: PM

French President Emmanuel Macron has declared Anthony Albanese "is not responsible" for the submarine debacle.

AAP

The Loop: The PM arrives in Paris, house prices fall nationally, and the new financial year brings new policies

Here's your TL;DR for this morning's news.

ABC News

Dining out on the hypothetical bisons of Madagascar

Some brutally real answers to some hypothetical climate scenarios.

Newsroom.co.nz

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A direct approach to conservation

The mobilisation of private and public finance for Payments for Ecosystem Services lacks lustre

The Hindu

Millions risk undernourishment as wheat prices surge, FAO and OECD warn

The war in Ukraine that has stalled its wheat exports will keep global prices high into the 2022/23 season, putting millions more people at risk of undernourishment, the United Nations' food agency and the OECD said on Wednesday.

Reuters

Nations must work together through ‘conflict and crisis’ to reduce climate change risks, Albanese tells OECD

Prime minister will say food insecurity has become a significant challenge and Australia has a major role to play in meeting the challenge

The Guardian - AU

World must act with 'urgency': PM

Australia's commitment to defending global security will be reaffirmed by Prime Minister Anthony Albanese in an address to the OECD in Paris.

AAP

Ukraine latest updates: Battle for Lysychansk city grinds on

Ukraine news from June 29: Lysychansk is last eastern stronghold following retreat of Ukraine forces from Severodonetsk.

Al Jazeera

NHS crisis caused by Tory underfunding not Covid, say doctors

Sajid Javid’s claims that pandemic caused lack of funding, beds and staff are refuted in new dossier

The Guardian - UK

Europe wildfire risk heightened by early heat waves, drought

Extended drought conditions in several Mediterranean countries, a heat wave last week that reached northern Germany and high fuel costs for aircraft needed to fight wildfires have heightened concerns across Europe this summer

The Independent UK

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The Conversation

West African borders have got firmer with EU help: what it means for local interests

European and African states have been working together closely on migration since the early 2000s. The cooperation aims to “harden” West African borders – tighten them to deter mobility. The EU’s interests in this cooperation are clear. It wants to prevent migration to Europe by stopping it where it starts.

Evening Standard

Crypto’s Lehman Brothers moment

What happened this weekend to crypto markets?

The Conversation

How are PhD students meant to survive on two-thirds of the minimum wage?

Over the decades, supportive parents of Australian students on the cusp of graduating from their undergraduate studies have occasionally been struck by a bewildering decision by their pride and joy. Instead of pursuing an appetising salary in a prestigious company, their student has instead decided to do the unthinkable: they’re…

The Guardian - UK

Etsy paid just £128,000 in corporation tax in 2020 in the UK despite £160m in sales

US-based business would have been liable for almost £7m if it had booked all UK sales at Etsy UK, TaxWatch finds

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Axios

Rising prices have consumers around the world feeling gloomy about the economy

Inflation is pressuring household budgets, pushing down consumer confidence in a slew of nations.

The News Lens

Taiwan’s Lost Growth (Part 2): How Stagnant Wages are Throttling the Economy

Taiwan has one of the lowest GDP growths since 1995 among emerging economies. This is not going to change if wages don’t grow.

The Independent UK

Study finds Medicare for All could have prevented more than 200,000 deaths during the pandemic

The US has had more deaths per capita than its economic peers – and according to one study, it’s no mystery why

The Guardian - UK

Why are central banks pushing to raise interest rates?

Banks are raising rates to bring down inflation but there is a risk to economic growth

The Conversation

5 charts on Australian well-being, and the surprising effects of the pandemic

Since 2001 our research group has asked 2,000 Australians every year how they’re doing. Are they satisfied with their standard of living, their relationships, purpose in life, community connectedness, safety, health and future security?

StockNews.com

4 Beaten Down Silver Miners to Buy as the Economic Outlook Sours

The World Bank and the OECD nations have slashed their global growth forecasts for this year due to the ongoing war in Europe, supply-chain issues, and inflation. Amid this, the demand for silver is poised to explode. Hence, we think the beaten-down silver mining stocks Wheaton Precious Metals (WPM), Endeavour…

The National (Scotland)

The 10 key points from the 'scene-setter' for an independent Scotland

ON Tuesday the Scottish Government released a “scene setter” for independence, a 72-page document that launches a fresh vision for Scotland’s…

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