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The Latest Breaking News from OECD

OECD calls on Australia to raise GST and increase affordable housing amid budget deficit

Survey by organisation, which is led by former Liberal senator Mathias Cormann, says economy is ‘now normalising’, after post-pandemic struggle

The Guardian - AU

Global body urges treasurer to spend less, reform taxes

Global economic body the OECD has called on Australia to rein in the NDIS and make changes to property taxes to help fix the budget and boost productivity.

AAP

Healthy jobs market spells rate pain for borrowers

Upcoming inflation data will be make or break for a Reserve Bank rate hike decision following stronger than expected jobs figures, economists say.

AAP

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Making billionaires illegal by taxing their wealth wouldn’t even fund the government for a year, budget expert says

"What people don't realize," Penn Wharton Budget Model director Kent Smetters told Fortune, is there's "just not as much money there as people think."

Fortune

Countries Where People Sleep The Most, According To OECD Time Use Data

Discover where people sleep the most around the world, as 33 countries are ranked by average sleep time, revealing surprising differences in daily rest habits.

Bored Panda

What the US strike on Venezuela could mean for global oil prices

The capture of former Venezuelan president Nicolás Maduro by the US intelligence services and armed forces has resulted in a frenzy of speculation about its consequences. But there is no doubt that the events were closely linked to the oil riches of the country. While the political situation in Venezuela…

The Conversation

Do Europeans believe their pensions will still exist when they retire?

A new survey finds that state pensions are considered too low, but there is no consensus among Europeans for overhauling them.

Euronews

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US will be exempt from global tax deal targeting profits of large multinationals

Agreement finalised by the OECD waters down a landmark 2021 deal that set a minimum global corporate tax of 15%

The Guardian - AU

Under Biden, America got 150 countries to agree a 15% global corporate tax. Under Trump, America gets an exemption

Scott Bessent called it “a historic victory in preserving U.S. sovereignty and protecting American workers and businesses from extraterritorial overreach."

Fortune

US-based multinational companies will be exempt from global tax deal

The Organization for Economic Cooperation and Development has finalized a deal exempting U.S. multinational corporations from paying more corporate taxes overseas

The Independent UK

Best Countries To Raise A Family, According To Unicef’s Child Wellbeing Index

Discover the best countries for families based on the UNICEF index: safest places for children, evaluating the cost of living and support for parents.

Bored Panda

Gender pension gap across Europe: How much less do women receive?

The gender pension gap in Europe is wider than the gender pay gap, exceeding 30% in several countries.

Euronews

Europe is training more doctors than ever - yet patients struggle to access one

Doctor shortages persist across Europe, driven by an ageing workforce and graduates avoiding general practice.

Euronews

Doctor is on the line: Is teleconsultation becoming more prevalent in Europe?

Teleconsultations, which peaked during the COVID-19 pandemic, remain significantly higher than pre-pandemic levels across Europe. Experts explain why the share of teleconsultations varies so widely between countries.

Euronews

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The Guardian - UK

Pensions timebomb: why Europe’s social contract is becoming unsustainable

Ageing populations and falling birthrates have left ever fewer workers to support growing number of retirees

The Conversation

NZ report card 2025: how the country fared in 28 key global and domestic rankings

Standardised testing and regular progress assessment became key features of the education system this year, so why not apply those same principles to New Zealand as a whole?

Euronews

GDP growth forecasts: Which European economies will have the highest growth?

After years of lacklustre growth, the eurozone has emerged from a period of stubborn inflation and restrictive interest rates. With growth fixed high on the political agenda, which nation is set to grow fastest in the coming years?

The Conversation

Teenagers are preparing for the jobs of 25 years ago – and schools are missing the AI revolution

The government has recently released its national youth strategy, which promises better career advice for young people in England. It’s sorely needed: for teenagers today, the future of work probably feels more like a moving target than a destination. Barely three years after ChatGPT went mainstream, the labour market has…

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Euronews

The burden of cardiovascular disease in Europe: Almost 2 million deaths and €282 billion annually

A new European report warns of the burden of cardiovascular diseases – the leading cause of death for the last two decades, now accounting for one‑third of all deaths every year.

Euronews

Money talks, but is Spain listening? Unpacking Madrid's tax policy

As Europe doubles down on a competitiveness drive, experts warn that Spain’s tax policies could be hitting growth.

Euronews

Cyberbullying among children rises in all European countries: Which are suffering the most?

Euronews Next takes a close look at rising cyberbullying among adolescents across Europe. Experts explain why rates differ between countries, why cases increased during the pandemic, and how family structure plays a role.

The Conversation

Low-tax or high-welfare? The UK must decide what type of country it wants to be

Headlines about tax in the UK being at an all-time high abounded after the autumn budget. The current overall tax take, at 35% of GDP, is indeed a historic high for the country. And the measures announced in the budget will take it to 38% by the end of the…

Euronews

Europe falls behind in AI adoption as Gen Z in emerging economies embrace it, OECD report

Generation Z and young millennials in the Global South are embracing AI at much higher rates than their European counterparts, according to a new survey from the OECD.

AAP

Chinese economic slowdown at top of RBA's mind

Slowing Chinese economic growth and persistently high inflation are "top of mind" for the Reserve Bank of Australia.

Evening Standard

Keir Starmer to face PMQs amid continued Budget questions

The OECD has warned tax hikes and reduced spending will act as a ‘headwind’ to the UK economy over the next two years.

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