UN agency pushes for debt repayment breaks as poverty rates rocket

Estimated 25 low-income countries spent more than 20% of their revenues on debt servicing last year

Economic ‘headwinds’ lead IEA to cut global oil demand forecast

International Energy Agency still expects a record high this year, but for growth to be lower than thought

FTSE 100 marks best day of 2023 as US inflation falls to 3%

‘Not too early to start chilling the champagne,’ says one analyst as traders toast drop in consumer inflation

The planet heats, the world economy cools – the real global recession is ecological

Governments focus on the climate when they have few other economic worries. That can no longer be the case

Weaker competition blamed for higher petrol and diesel prices; MPs blast ‘measly’ savings rates – as it happened

Government pledges to expose ‘rip-off’ fuel retailers, after inquiry finds declining competition between retailers led to higher prices at the pumps

Corporate profits drove up prices last year, says ECB president

Christine Lagarde says without a shift in corporate behaviour, interest rates will need to stay higher for longer

Governments advised to cut public spending or raise taxes to curb inflation

Bank of International Settlements warns that economies, such as in the UK, need policies to cool price growth

The Guardian view on Macron’s green finance deal: save lives, not profits

Editorial: The Paris conference shows the climate crisis is no time for the tranquillising drug of gradualism

World Bank offers developing countries debt pauses if hit by climate crisis

Move at Paris summit on global finance will only apply to repayments on new loans

Are debt-for-nature swaps the way forward for conservation?

Agreements to reduce developing countries’ debt burden in exchange for spending on nature will be on the agenda at a finance summit in Paris this week

Paris talks to focus on funding poor countries to tackle climate crisis

World leaders will meet next week to discuss climate finance, green growth, debt and private investment

Money, Money, Money: the singers lifting economies with their vocals

From Beyoncé to BTS, the star power of popular music artists is helping to revive pandemic-hit countries

The west has broken its promises to developing countries – and we’re all paying the price

A summit in Paris this month offers a way to tackle this disastrous failure, but only if western leaders bother to turn up, says the Guardian’s economics editor, Larry Elliott

Eurozone sinks into recession as cost of living crisis takes toll

GDP shrank 0.1% in first quarter of 2023 and final three months of 2022 after revisions to earlier estimates

Jeremy Hunt expresses concern about cost of living crisis after OECD forecast

Chancellor responds to news UK likely to avoid recession but will have one of highest inflation rates among G20