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OECD News

Chernobyl Anniversary: Ukraine Holds Fast to Nuclear Energy Despite Disaster

Result is a boost to the government of Matteo Renzi, who openly supported abstention Source:  WSJ, [...]

Eurozone Escaped From Deflation in March

The eurozone’s latest encounter with deflation has proved to be briefer than first thought, with revised figures for March recording that consumer prices [...]

Sovereign-Debt Conundrum Sets Up EU for Banking-Union Stalemate

Europe’s drive to deepen integration of the euro-area banking system has bogged down as policy makers debate ways to rein in banks’ holdings of government [...]

As Iraq’s Abadi Reshuffles Cabinet, Energy Companies See Opening For New Leadership

The Iraqi government is undergoing its biggest shakeup since the rise of the Islamic State group two years ago. Prime Minister Haider al-Abadi says he [...]

IMF: Public Debt at Highest Point in 70-plus Years

Public debt has soared throughout the world's advanced economies to the highest levels since World War II, the International Monetary Fund warned Wednesday, [...]

German debt ratio sinking despite higher state spending

Solid growth and record employment will allow Germany to abide by EU debts rules sooner than forecast while still hiking overall state spending by five [...]

Saudi Rating Cut for First Time at Fitchon Lower Oil Prices

The kingdom’s rating was lowered one level to AA-, the fourth-highest investment grade, the rating agency said on Tuesday. It maintained a negative outlook [...]

Fiscal consolidation to deliver results next year

Saudi Arabia’s economic growth slump resulting from oil price decline is expected to bottom out in 2017, largely driven by revival in non-oil economic [...]

France and Italy warned again on economic weakness
Source: EU Observer, Date: 2016/03/08

The European Commission warned France and Italy again on Tuesday (8 March) that their economic weaknesses risked destabilising the other EU economies. Source: [...]

France's EDF to pursue UK nuclear plan despite CFO's exit
Source: Reuters, Date: 2016/09/03

French utility EDF said it would push ahead with a plan to build nuclear reactors in Britain, despite its finance director quitting over the risk he sees [...]

Public finances of 11 EU countries are at high risk in medium-term: EU
Source: Reuters, Date: 2016/01/25

Eleven European Union countries including France, Italy and Britain face high risks to the sustainability of their public finances because even 10 years [...]

Non OECD News

Doha oil meeting ends without a deal to freeze production
Source: The Washington Post, Date: 2016/04/17

Hopes on the part of investors, oil companies and oil exporting nations for a negotiated “freeze” in global output melted away on Sunday after 16 major [...]

Argentina’s return to markets several times subscribed

Latin American country ends a 15-year exile from the international debt market. Source:  Financial [...]

As Iraq’s Abadi Reshuffles Cabinet, Energy Companies See Opening For New Leadership

The Iraqi government is undergoing its biggest shakeup since the rise of the Islamic State group two years ago. Prime Minister Haider al-Abadi says he [...]

IMF: Public Debt at Highest Point in 70-plus Years

Public debt has soared throughout the world's advanced economies to the highest levels since World War II, the International Monetary Fund warned Wednesday, [...]

Saudi Rating Cut for First Time at Fitchon Lower Oil Prices

The kingdom’s rating was lowered one level to AA-, the fourth-highest investment grade, the rating agency said on Tuesday. It maintained a negative outlook [...]

Fiscal consolidation to deliver results next year

Saudi Arabia’s economic growth slump resulting from oil price decline is expected to bottom out in 2017, largely driven by revival in non-oil economic [...]

Argentina aims for $5 bln investment in renewable energy by 2018

Argentina aims to rake in $5 billion in investments in renewable energy by 2018 with the goal of reducing its energy deficit, a government official told [...]

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