Economy

OECD: A global corporate tax rate could yield much more than originally estimated

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A new corporate tax that would apply to global profits and would be aimed mostly at multinational tech companies could raise much more money...

"We must stay on track in our battle against inflation. It's not won yet," Villeroy said during a regular meeting of global leaders at the World Economic Forum in Davos.

The battle with inflation is not over, warns the head of the French central...

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The European Central Bank has yet to continue raising interest rates. The fight against inflation is not yet over. This was said at the World Economic...

More than half (precisely 53 percent) of German firms said they had difficulty filling their vacancies.

We don’t have people. More than half of German firms face staff shortages

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Although many experts and respected institutions alike expect the eurozone economy to be on the cusp of recession, voices are sounding out from Germany...

US and European stock markets experienced solid growth again in the middle of the trading week.

Wall Street continues to grow. Investors anxiously await US inflation data

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US and European stock markets experienced solid growth again in the middle of the trading week. Investors are optimistic on the back of fresh inflation...

In the week ending 31 December, 204,000 people applied for unemployment benefits in the US. This is almost 20,000 less than the previous week.

The US labour market is resilient. The number of new claims for unemployment benefits fell...

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Although there is more and more frequent talk about the onset of recession not only in the USA, some macroeconomic indicators suggest the opposite. The...

Inflation, recession and corporate financial outcomes. Major Factors That Will Affect Stock Markets in 2023

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Stock markets not only in the United States have had their worst year since the 2008 financial crisis erupted. Indeed, having written off around 20...

The export embargo by Russia will be in place for five months so far. The Kremlin's retaliatory measure comes after countries in the European Union and the Group of Seven of the world's economically strongest nations (G7) agreed to impose a price cap on Russian oil.

The Kremlin has put a “ban” on Russian oil exports to the EU and...

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From February next year, Russia will stop exporting oil to European Union and G7 countries. Russian President Vladimir Putin issued a decree on the basis...

Wall Street's main S&P 500 index has written down around six percent so far in December.

Constellation in stock markets suggests Santa Claus rally will come

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Wall Street's main S&P 500 index has written down around six percent so far in December. But the average share gain for December is 1.6...

Sweden's economic output will fall by 0.7 percent in 2023. Back in November, the Swedish Ministry of Finance estimated that the country's gross domestic product would fall by only 0.4 percent.

Swedish economy to face deeper and longer recession than previously expected

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Sweden's gross domestic product will contract slightly more than expected next year. Both households and firms will be affected by the poor economic condition, the...