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Statistics : Composite leading indicators point to continued, though slower, expansion

June 11, 2010 2:25 am | by OECD | News | Comments

OECD composite leading indicators (CLIs) for April 2010 point to a slowing pace of expansion in most OECD countries. The CLI for the OECD area increased by 0.4 point in April 2010, slightly lower than the 0.5 point increase in March.

EU sets tight biofuel standards

June 10, 2010 9:48 am | News | Comments

The European Union's top energy official set out tough standards for producing biofuels sold in the EU, demanding producers meet strict environmental criteria. EU Energy Commissioner Guenther Oettinger put forward the world's "most stringent" certification regime to make "sure our biofuels meet the highest environmental standards."

Agriculture: OECD-FAO Agricultural Outlook to be released 15 June – news conference in Rome

June 10, 2010 8:25 am | by OECD | News | Comments

The latest Agricultural Outlook by the OECD and UN Food and Agriculture Organisation forecasts market trends, assesses the impact on food security of the economic crisis and discusses how farm production can meet growing global demand.

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Development: Belgium improves the quality and volume of its aid

June 10, 2010 12:26 am | by OECD | News | Comments

The OECD’s Development Assistance Committee (DAC) commends Belgium’s commitment to improve the quality and volume of its aid, particularly at a time of global economic crisis. Belgium spent USD 2.6 billion on official development assistance (ODA) in 2009, which amounted to 0.55% of its...

Global warming: ending fuel subsidies could cut greenhouse gas emissions 10%, says OECD

June 9, 2010 12:24 am | by OECD | News | Comments

Careful phasing-out of fossil fuel subsidies can be a low-cost way to meet part of the targets announced following the U.N. climate conference in Copenhagen. According to new OECD analysis based on data from the International Energy Agency (IEA), ending fossil fuel subsidies could cut...

Technology for people living with dementia

June 7, 2010 8:27 am | by European Commission | News | Comments

Alzheimer Europe reports that at least 5.7 million Europeans, aged between 40 and 80, have Parkinson’s disease or dementia. With an aging population, an estimated 10 million new cases of Parkinson’s and dementia is expected within the next 40 years. Care is provided by nursing homes and...

A tale of underground alchemy

June 7, 2010 8:26 am | by European Commission | News | Comments

In a coal mining area around Katowice in Southern Poland, a team of scientists have been set to work. However, rather than extracting coal, they are using a mine to experimentally assess an alternative method to energy production - introducing steam and oxygen to coal produces hydrogen....

Animal to human: hidden diseases

June 7, 2010 8:26 am | by European Commission | News | Comments

Several decades ago there were very few emerging diseases compared to today. The EU research project EDEN is investigating the increase in emerging diseases in a changing European environment. In the Konnevesi forest in Finland researchers are trying to understand the increase in diseases...

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EIT celebrated the official launch of the KICs in Barcelona

June 7, 2010 8:26 am | by European Institute of Innovation and Technology | News | Comments

The EIT celebrated the official launch of the ‘Knowledge and Innovation Communities (KICs) at...

EU court says countries can ban online gambling

June 4, 2010 11:15 am | News | Comments

EU countries can ban online gambling if their aim is to combat fraud, Europe's highest court said on Thursday, dealing a blow to the multi-billion euro online betting industry seeking to break domestic monopolies.

German minister sees Facebook being fined over privacy

June 4, 2010 11:13 am | News | Comments

Germany's consumer protection minister said on Thursday she would quit Facebook over what she called privacy law violations that she believed would lead to the company being fined by German data protection authorities.

EU greenhouse gas emissions: more than half way to the '20 % target by 2020'

June 3, 2010 5:22 am | by European Environment Agency | News | Comments

The European Union's greenhouse gas (GHG) inventory report, compiled by the European Environment Agency (EEA), shows that emissions have not only continued their downward trend in 2008, but have also picked up pace. The EU-27's emissions stood 11.3 % below their 1990 levels, while EU-15...

Green Economy : Mayors, Ministers Call for Joint Action at OECD Roundtable

May 31, 2010 9:25 am | by OECD | News | Comments

The Third Annual Meeting of the OECD Roundtable of Mayors and Ministers on “Cities and Green Growth” concluded that national and city leaders must work together to increase cities’ ability to promote green growth.

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Statistics: Fourth consecutive quarter of GDP growth in the OECD area

May 31, 2010 9:25 am | by OECD | News | Comments

Gross domestic product (GDP) in the OECD area rose by 0.7% in the first quarter of 2010, the fourth consecutive quarter of growth for the area.

Fighting Corruption : US Attorney General Eric H. Holder on efforts to fight international corruption

May 31, 2010 9:24 am | by OECD | News | Comments

“For the global economy, corruption is dangerous,” he said at the OECD in Paris on 31 May. “The consequence is economic decay, not development. And that’s why corruption demands a truly global response – one that knows no limits on collaboration.”

Press briefing: US Attorney General Eric H. Holder on efforts to fight international corruption

May 31, 2010 1:24 am | by OECD | News | Comments

The US Attorney General Eric H. Holder will give a keynote speech on the US efforts to fight international corruption, on 31 May at the OECD Conference Center.

Conclusions of the OECD Meeting of the Council at Ministerial Level, 27-28 May 2010

May 28, 2010 7:24 am | by OECD | News | Comments

Read the conclusions of the 2010 Meeting of the OECD Council at Ministerial Level and watch the webcast of the closing news conference.

Accession : The OECD Council at Ministerial level welcomes its new members Israël, Estonia and Slovenia

May 27, 2010 10:24 am | by OECD | News | Comments

A ceremony to celebrate the accession of Estonia, Israel and Slovenia was organised during the OECD Ministerial meeting. Watch the webcasts of the accession ceremony and press conference with the OECD Secretary-General Angel Gurría, Italian Prime Minister Silvio Berlusconi - Chair of this...

Economics: Innovation central to boosting growth and jobs, says OECD

May 27, 2010 12:24 am | by OECD | News | Comments

“Knowledge is the main driver of today’s global economy,” said OECD Secretary-General Angel Gurría at the launch of the OECD Innovation Strategy in Paris. “Countries need to harness innovation and entrepreneurship to boost growth and employment. This is the key to a sustainable rise in...

Economy: easy credit, welfare threaten new economic crisis, warns OECD Committee chair

May 24, 2010 1:21 am | by OECD | News | Comments

Are the policies that governments have put in place to stabilise the global economy and restore growth sowing the seeds for a new economic crisis? While more welfare spending and easier credit can temporarily help to shore up economic activity, they could in the medium term make the...

Cities and Green Growth : Mayors and Ministers Roundtable

May 18, 2010 4:23 pm | by OECD | News | Comments

Mayors from many of the world’s most influential cities, with Ministers and senior business executives, will exchange ideas about how cities and regions can grow their economies and create jobs while reducing greenhouse gas emissions and providing high quality urban services for their citizens.

Tax : Average tax burden on workers’ earnings fell in most OECD countries last year

May 11, 2010 6:30 pm | by OECD | News | Comments

Average tax and social security burdens on employment incomes fell slightly in 24 out of 30 OECD countries last year as governments struggled to shore up faltering economies amid the worst recession in decades. But whether this trend will continue this year is uncertain given the...

Luxembourg : Labour market, pension reforms needed

May 11, 2010 5:30 pm | by OECD | News | Comments

The future growth path in Luxembourg is likely to be weaker than in the past. Pension reform, together with fiscal consolidation, is required to put the public finances on a sustainable footing, while adaptability of the labour market needs to be improved to avoid long-term unemployment...

Statistics : Unemployment rate remains broadly stable at 8.7% in March

May 11, 2010 5:30 pm | by OECD | News | Comments

The unemployment rate for the OECD area was broadly stable in March 2010 at 8.7%; a rise of 0.1 percentage point compared with February.

Economics : OECD Forum and Ministerial meeting to focus on innovation, growth

May 7, 2010 12:28 pm | by OECD | News | Comments

New OECD forecasts for economic growth and strategies to boost innovation will be at the heart of discussions at the OECD’s annual Forum and Ministerial meeting in Paris on 26-28 May 2010. The OECD’s latest Economic Outlook will be released by OECD Secretary-General Angel Gurría with...

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