Global overseas aid climbs to all-time high, rising 4.4% in real terms – OECD Concern expressed that figures count Covid vaccines as aid, while Britain is among EU countries accused of ‘gutting’ contributions
Mathias Cormann calls for greater foreign aid despite role in Australian cuts OECD leader urges increase despite previously defending Australia’s cuts while finance minister
World Bank planning to give support worth $1.5bn to Ukraine Funds will help to pay hospital workers and pensions, and continue social programmes for the vulnerable
Closer inspection of UK jobs market reveals economic scars of Covid While the pandemic has not led to a jump in unemployment, its impact on the over-50s and public sector staff is particularly troubling
Ukraine economy to shrink by almost half this year, World Bank forecasts Bank says many surrounding countries will suffer severe hardship as result of invasion, with Russia predicted to fall into recession
Doug Bannister, head of the Port of Dover: ‘We’re at the centre of Brexit. I signed up for that’ The US executive took over the port in 2019, in the heat of the debate about the EU. He’s not surprised it’s been a challenge
Why is Vladimir Putin demanding Russian gas is paid for in roubles? Plan could be extended to include exports of oil, grain, fertilisers, coal, metals and other key commodities
War in Ukraine could lead to food riots in poor countries, warns WTO boss Exclusive: Ngozi Okonjo-Iweala says impact of conflict on food prices and hunger could be substantial
Lloyd’s moves to cancel insurance cover of Russian firms hit by sanctions Action comes as Lloyd’s of London returns to profit but warns Ukraine war will present ‘major claim’
Britain and US agree on steel tariffs as hopes of broader trade deal recede Pact ends months of tensions but talks on full free-trade agreement remain far off
Unless we act, escalating commodity prices will cause a decade of global turmoil The Ukraine war is sending the cost of energy and food soaring across the world. Price controls may be the only way to stop a devastating chain reaction
Car-free Sundays? IEA sets out 10-point plan to reduce global oil demand Energy watchdog says measures could help cut oil usage by 2.7m barrels a day within four months
Ukraine war means governments must help with soaring bills, says OECD Leading thinktank raises global inflation forecast to 7.5% as cost of food staples, minerals and energy rises
What could China’s zero Covid strategy mean for Australian business? How will rising case numbers and tens of millions of people under strict lockdown affect local supply chains and Australia’s economy?
Ukraine economy could shrink by up to 35% in 2022, says IMF Institution believes invasion by Russia will cause ‘devastating’ damage to global economy