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OECD Warns Poor Mental Health Could Cost Baltic States Billions
Businessdelfi-lterr-news14h ago2 sources

OECD Warns Poor Mental Health Could Cost Baltic States Billions

The OECD has issued a warning that poor mental health could lead to significant economic losses for Baltic nations, potentially costing Estonia and Lithuania over 2% of their GDP annually. This highlights the substantial economic impact of mental health issues in the region.

Trump Orders Aides to Prepare for Extended Iran Blockade
PoliticsAPReutersBBC+132bloombergNYTwsjFTle-mondewapoThe GuardianNPR+124 more12d ago135 sources

Trump Orders Aides to Prepare for Extended Iran Blockade

Donald Trump has reportedly instructed his aides to prepare for an extended blockade of Iran, particularly the Strait of Hormuz. He also issued a stern warning to Iran, stating they 'better get smart soon' and that the 'no more Mr. nice guy' approach is over.

PoliticsFT19d ago

Wage Taxes Reach Decade High Across OECD Countries

Governments across OECD countries are increasingly relying on labor income as an 'easy' source of revenue, leading to wage taxes hitting a decade high, though this strategy risks undermining incentives for work and hiring.

Portugal Ranks Below OECD Average in Health Indicators
Healthobservador25d ago

Portugal Ranks Below OECD Average in Health Indicators

Portugal shows significant disparities in health outcomes, ranking below the OECD average across various indicators. Women, individuals over 75, those with lower education levels, and poorer populations report worse health results.

Global Development Aid Falls to 2015 Levels
Businessobservador1mo ago

Global Development Aid Falls to 2015 Levels

The OECD reports that global Official Development Assistance (ODA) declined by 23% in 2025, marking the largest decline ever, with Portugal's spending also decreasing by 21% compared to 2024.

Romania Nears OECD Membership with 24th Favorable Opinion
Politicsromania-insider1mo ago

Romania Nears OECD Membership with 24th Favorable Opinion

Romania has received its 24th favorable opinion, bringing it closer to the required 25 opinions needed to join the Organisation for Economic Co-operation and Development (OECD). This marks a significant step in its accession process.

Zelenskyy Kicks Off Surprise Gulf States Tour with Defense Pitch
PoliticsAPReutersBBC+46bloombergNYTFTFox Newsyle-uutisethelsingin-sanomatnostagesschau+38 more1mo ago49 sources

Zelenskyy Kicks Off Surprise Gulf States Tour with Defense Pitch

Ukrainian President Volodymyr Zelenskyy has arrived in Saudi Arabia for unannounced 'important meetings,' kicking off a surprise tour of Gulf States with a defense pitch and offering Ukraine's drone expertise with renewed urgency as the US increasingly focuses on Iran.

USPS Confirms First-Ever Fuel Surcharge Amid Rising Oil Prices
FinanceAPReutersbloomberg+11wsjThe Guardiancnbcaktualne-czBusiness Insiderforbeshvghindustan-times+3 more1mo ago14 sources

USPS Confirms First-Ever Fuel Surcharge Amid Rising Oil Prices

The U.S. Postal Service has confirmed its first-ever fuel surcharge on packages, an 8% fee effective April 26 until January 2027, driven by rising oil prices, despite the global oil market being described as 'calm'.

OECD revises down growth forecast for 2026 in the eurozone
Worldnewsbeast1mo ago

OECD revises down growth forecast for 2026 in the eurozone

Ο Οργανισμός Οικονομικής Συνεργασίας και Ανάπτυξης (ΟΟΣΑ) ανακοίνωσε σήμερα ότι αναμένει μικρότερη ανάπτυξη και υψηλότερο πληθωρισμό το 2026 λόγω της εκτίναξης των τιμών της ενέργειας που προκλήθηκε…

OECD Warns of Deteriorating Public Finances in Romania
Financedigi241mo ago

OECD Warns of Deteriorating Public Finances in Romania

The Organisation for Economic Co-operation and Development (OECD) has warned that Romania's public finances have significantly deteriorated in recent years, creating risks for the long-term sustainability of the state budget and recommending measures for stability.

OECD Forecasts S. Korea's Potential Growth to Hit Record Low
FinanceKorea Herald15d ago

OECD Forecasts S. Korea's Potential Growth to Hit Record Low

The Organisation for Economic Co-operation and Development (OECD) has forecast that South Korea's potential economic growth rate will decline to a record low of approximately 1.5% by late 2027. This projection highlights concerns about the country's long-term economic outlook.

Portuguese Minister Concerned Over Mass Teacher Retirements
observador19d ago

Portuguese Minister Concerned Over Mass Teacher Retirements

Portugal's Education Minister, Fernando Alexandre, expressed concern over the impending retirement of thousands of teachers annually, which threatens to undermine the country's high pedagogical knowledge ranking by the OECD.

OECD Report Highlights Decade-High Tax Burden on Wages
Financenewsbeast19d ago

OECD Report Highlights Decade-High Tax Burden on Wages

A new report reveals that the tax burden on labor in OECD countries has reached its highest level in a decade, leading to increased costs for employers and reduced net income for employees, with projections extending to 2025.

Sweden's Dismantling of State Administration and Court Rejection in ADC Party Dispute
Politicssvenska-dagbladetPremium Timespunch-ng1mo ago3 sources

Sweden's Dismantling of State Administration and Court Rejection in ADC Party Dispute

A Federal High Court in Abuja has dismissed a request to prevent Senator Ireti Kingibe from participating in the African Democratic Congress (ADC) due to alleged anti-party activities, ruling that she must be properly notified, while separately, Sweden is noted as the only OECD country to have dismantled a core pillar of its state administration.

Middle East Conflict Fuels Global Energy Crisis, Inflation, and Market Volatility
BusinessReutersBBCbloomberg+64NYTwsjFTThe GuardianAl JazeeraFox Newsyle-uutisetcnbc+56 more1mo ago67 sources

Middle East Conflict Fuels Global Energy Crisis, Inflation, and Market Volatility

The Middle East conflict continues to drive global economic concerns, with Europe bracing for a supply crunch and price shock, Euro zone consumers turning gloomier, and developing Asia and Pacific facing potential inflation hikes. European shares and global stocks and bonds have slid as the crisis pushes oil prices above $105, exacerbating a war-fuelled energy crisis felt across various sectors and regions.

OECD Reports Gap Between Anti-Corruption Goals and Results
Politicscapital-bg1mo ago

OECD Reports Gap Between Anti-Corruption Goals and Results

The OECD has observed a persistent discrepancy between the objectives of anti-corruption laws and the actual outcomes of their implementation, noting that key sectors like public-private partnerships, healthcare, education, and defense remain outside the focus of these laws.

Croatian Youth Show High Financial Literacy
Cultureindex-hr1mo ago

Croatian Youth Show High Financial Literacy

The Croatian Ministry announced that young people in Croatia are demonstrating a high level of knowledge regarding financial topics, with the country reaching the OECD average in financial literacy.

OECD Raises Austria's GDP Forecast
Businessorf1mo ago

OECD Raises Austria's GDP Forecast

The Organisation for Economic Co-operation and Development (OECD) has become more optimistic about Austria's economic growth, forecasting a GDP increase for 2026 in its latest country report.

Romania Secures Final Approval for OECD Accession
Worlddigi241mo ago

Romania Secures Final Approval for OECD Accession

Romania's Ministry of Finance has obtained the third and final formal approval required for the country's accession process to the Organisation for Economic Co-operation and Development (OECD), marking a significant step forward.

South Korean Women's Fight for Equality
PoliticsKorea Herald2mo ago

South Korean Women's Fight for Equality

South Korean women continue to face significant structural barriers, including one of the widest gender pay gaps among OECD members, despite the nation's rapid modernization.

Healthpublico2mo ago

Portugal Leads OECD in Anxiolytic Consumption

A report highlights that Portuguese citizens are among the highest consumers of antidepressants and the leading consumers of anxiolytics within OECD countries, second only to Icelanders in antidepressant use.

Morocco Co-Chairs OECD Forum on Critical Minerals in Istanbul
Worldmorocco-world-news12d ago

Morocco Co-Chairs OECD Forum on Critical Minerals in Istanbul

Morocco and Türkiye co-chaired the Organization for Economic Cooperation and Development (OECD) Forum on Critical Minerals, held in Istanbul on April 28 and 29, 2026, under the theme "Unlocking Investment and Growth through Partnership."

Total Tax Burden on Wages Decreased in Greece for 2025
Businessnewsbeast19d ago

Total Tax Burden on Wages Decreased in Greece for 2025

The total tax burden on wages, encompassing income tax and social security contributions for employees and employers, decreased in Greece for 2025, contrasting with an increase observed across OECD countries, according to a new report.

OECD Reports Varying Wage Tax Burdens in Greece and Austria
Financedie-pressenaftemporiki19d ago2 sources

OECD Reports Varying Wage Tax Burdens in Greece and Austria

An OECD report indicates a decrease in the total tax burden on wages in Greece for 2025, while Austria remains among the top countries for wage deductions. The findings highlight differing fiscal policies and their impact on workers' earnings across member states.

Long COVID Continues to Impose Billions in Economic Costs
Healthsvenska-dagbladet22d ago

Long COVID Continues to Impose Billions in Economic Costs

A new OECD report highlights that long COVID remains a significant economic challenge, costing billions, in addition to being a burden on healthcare systems. The report details the extensive financial consequences of the condition.

Global Foreign Aid Declines, Threatening Lives
Politicssbs-news1mo ago

Global Foreign Aid Declines, Threatening Lives

The OECD reports a significant global decline in foreign aid from governments, warning that this belt-tightening will lead to hundreds of thousands of preventable deaths. Australia is noted as being low on the list of aid contributors.

Worldyle-uutiset1mo ago

Oxfam Criticizes OECD Countries for Aid Cuts

The development aid organization Oxfam has criticized wealthy OECD countries for cutting aid, warning that such reductions could lead to millions of deaths in the Global South.

OECD Warns Italy on Future Budget Balancing Difficulties
Politicsil-sole-24-ore1mo ago

OECD Warns Italy on Future Budget Balancing Difficulties

The OECD has cautioned that Italy will face increasing challenges in balancing its budget in the coming years due to rising expenses related to defense, pensions, and climate change, alongside significant public investment needs.

Middle East Conflict Fuels Global Economic Stagflation, Energy Crisis, and Rising Costs
WorldBBCbloombergNYT+58wsjFTAl JazeeraFox Newsnrkcnbcruvukrainska-pravda+50 more1mo ago61 sources

Middle East Conflict Fuels Global Economic Stagflation, Energy Crisis, and Rising Costs

The Middle East conflict continues to impact the global economy, leading to potential stagflation, rising mortgage rates in the US, and lower Wall Street trading. South Korea has implemented a 12-step plan to reduce energy consumption due to surging oil prices, while Europe faces a potential gas price explosion if LNG imports from Qatar remain halted, and global fuel prices are causing concern in places like Manila.

Trump Signals Hesitation on Iran Deal, Deadline Nears as Markets Remain Numb
PoliticsAPBBCbloomberg+67NYTeconomistwsjFTThe GuardianAl JazeeraFox Newsyle-uutiset+59 more1mo ago70 sources

Trump Signals Hesitation on Iran Deal, Deadline Nears as Markets Remain Numb

Donald Trump has expressed doubt about a deal with Iran, despite claiming Tehran is eager to negotiate, as the US-Israeli war escalates. This comes as Trump's self-imposed deadline on Iran approaches, with markets showing little reaction and Iran having rejected a US-proposed plan.

Missile Debris Kills Two in Abu Dhabi Amid Iran Salvo
WorldAPReutersBBC+74bloombergNYTeconomistwsjFTle-mondewapoThe Guardian+66 more1mo ago77 sources

Missile Debris Kills Two in Abu Dhabi Amid Iran Salvo

Two people were killed and three injured in Abu Dhabi after a drone was intercepted, with falling debris causing the casualties, as authorities confirmed fallen debris from an intercepted Iranian missile killed at least two people amid a new wave of attacks on Gulf countries.

Latvia Joins Global Money Week with Financial Literacy Discussion
Financelsm-lvcyprus-mail1mo ago2 sources

Latvia Joins Global Money Week with Financial Literacy Discussion

Cyprus is participating in Global Money Week 2026, an OECD-backed initiative to help youth build financial skills. Latvia is also marking the international financial literacy week with a live discussion titled 'From Small Sums to Investments,' organized by the Financial Education Society in collaboration with Nasdaq Riga.

OECD Report Highlights Inefficient Insolvency System and 'Zombie Companies' in Romania
Businessdigi241mo ago

OECD Report Highlights Inefficient Insolvency System and 'Zombie Companies' in Romania

An OECD report published Monday indicates that Romania faces an accumulation of financially distressed companies, with its insolvency system failing to resolve problems efficiently, leading to up to 25% of firms being classified as 'zombie companies'. This follows earlier statements by the OECD Secretary-General on integrating Romanian firms into global chains for economic growth.

Mexico’s economic growth outlook improves as Banxico, OECD lift forecasts
Businessel-universal-englishMexico News2mo ago2 sources

Mexico’s economic growth outlook improves as Banxico, OECD lift forecasts

Mexico's central bank and one of the world's leading economic organizations raised their 2026 GDP growth forecast to 1.6% and 1.4% respectively, offering cautious optimism after Mexico's sluggish 2025 performance The post Mexico’s economic growth outlook improves as Banxico, OECD lift forecasts appeared first on Mexico News Daily

German Economy Recovers Slightly by Year-End
Businesshvg2mo ago

German Economy Recovers Slightly by Year-End

The German economy showed a 0.3% expansion after a quarter of zero growth, indicating a slight recovery by the end of the year, despite an overall slowdown in growth among OECD member countries.

At the Italian Consulate in Paris, a meeting between Italian students and OECD leaders
PoliticsANSA2mo ago

At the Italian Consulate in Paris, a meeting between Italian students and OECD leaders

(ANSA) - PARIGI, 20 FEB - 'In an era of uncertainty, what tools can best be used to navigate future challenges?': this was the theme of the meeting at the Consulate General of Italy in Paris between senior OECD officials and around 100 Italian university students living in the French capital. Promoted by Consul General Jacopo Albergoni, in collaboration with the Permanent Representation of Italy to International Organizations and the Italian university student association UIS (United Italian Societies), the meeting, moderated by ANSA, allowed for an exchange on current issues such as artificial intelligence (AI), demographic aging, and the necessary adaptations of labor markets. "The role played by the OECD as a platform for multilateral cooperation and coordination is more important than ever," said OECD Deputy Secretary-General Fabrizia Lapecorella, addressing the hundred or so students welcomed at the Consulate. "Dialogue on economic policies and the definition of shared and internationally recognized standards," she added, "guide the policies of member countries and partners in navigating uncertainty." The initiative is part of the Italian Consulate in Paris's desire to support "young compatriots engaged in their path of growth and integration into the world of work, while promoting Italian know-how and Made in Italy and the role of Italians in Parisian international organizations." In France, "there are many young Italians and Italian speakers who study and embark on prestigious professional careers, thanks to their skills and a particularly appreciated approach to work," said Angelica Salvi Del Pero, Senior Advisor at the OECD and expert in Labor, Social Affairs, and Employment, illustrating the challenges associated with changes in the labor market. Read article...