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HISTORICAL FACTS: 4 - Caught on Camera

US will be exempt from global tax deal targeting profits of large multinationals

Agreement finalised by the OECD waters down a landmark 2021 deal that set a minimum global corporate tax of 15%

The Guardian - AU

Under Biden, America got 150 countries to agree a 15% global corporate tax. Under Trump, America gets an exemption

Scott Bessent called it “a historic victory in preserving U.S. sovereignty and protecting American workers and businesses from extraterritorial overreach."

Fortune

US-based multinational companies will be exempt from global tax deal

The Organization for Economic Cooperation and Development has finalized a deal exempting U.S. multinational corporations from paying more corporate taxes overseas

The Independent UK

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Best Countries To Raise A Family, According To Unicef’s Child Wellbeing Index

Discover the best countries for families based on the UNICEF index: safest places for children, evaluating the cost of living and support for parents.

Bored Panda

Gender pension gap across Europe: How much less do women receive?

The gender pension gap in Europe is wider than the gender pay gap, exceeding 30% in several countries.

Euronews

Europe is training more doctors than ever - yet patients struggle to access one

Doctor shortages persist across Europe, driven by an ageing workforce and graduates avoiding general practice.

Euronews

Doctor is on the line: Is teleconsultation becoming more prevalent in Europe?

Teleconsultations, which peaked during the COVID-19 pandemic, remain significantly higher than pre-pandemic levels across Europe. Experts explain why the share of teleconsultations varies so widely between countries.

Euronews

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Pensions timebomb: why Europe’s social contract is becoming unsustainable

Ageing populations and falling birthrates have left ever fewer workers to support growing number of retirees

The Guardian - UK

NZ report card 2025: how the country fared in 28 key global and domestic rankings

Standardised testing and regular progress assessment became key features of the education system this year, so why not apply those same principles to New Zealand as a whole?

The Conversation

GDP growth forecasts: Which European economies will have the highest growth?

After years of lacklustre growth, the eurozone has emerged from a period of stubborn inflation and restrictive interest rates. With growth fixed high on the political agenda, which nation is set to grow fastest in the coming years?

Euronews

Teenagers are preparing for the jobs of 25 years ago – and schools are missing the AI revolution

The government has recently released its national youth strategy, which promises better career advice for young people in England. It’s sorely needed: for teenagers today, the future of work probably feels more like a moving target than a destination. Barely three years after ChatGPT went mainstream, the labour market has…

The Conversation

The burden of cardiovascular disease in Europe: Almost 2 million deaths and €282 billion annually

A new European report warns of the burden of cardiovascular diseases – the leading cause of death for the last two decades, now accounting for one‑third of all deaths every year.

Euronews

Money talks, but is Spain listening? Unpacking Madrid's tax policy

As Europe doubles down on a competitiveness drive, experts warn that Spain’s tax policies could be hitting growth.

Euronews

Cyberbullying among children rises in all European countries: Which are suffering the most?

Euronews Next takes a close look at rising cyberbullying among adolescents across Europe. Experts explain why rates differ between countries, why cases increased during the pandemic, and how family structure plays a role.

Euronews

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The Conversation

Low-tax or high-welfare? The UK must decide what type of country it wants to be

Headlines about tax in the UK being at an all-time high abounded after the autumn budget. The current overall tax take, at 35% of GDP, is indeed a historic high for the country. And the measures announced in the budget will take it to 38% by the end of the…

Euronews

Europe falls behind in AI adoption as Gen Z in emerging economies embrace it, OECD report

Generation Z and young millennials in the Global South are embracing AI at much higher rates than their European counterparts, according to a new survey from the OECD.

AAP

Chinese economic slowdown at top of RBA's mind

Slowing Chinese economic growth and persistently high inflation are "top of mind" for the Reserve Bank of Australia.

Evening Standard

Keir Starmer to face PMQs amid continued Budget questions

The OECD has warned tax hikes and reduced spending will act as a ‘headwind’ to the UK economy over the next two years.

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Barchart

Dollar Fades as Bond Yields Fall and Stocks Climb

The dollar index (DXY00 ) on Tuesday gave up an early advance and fell slightly by -0.08%. The dollar turned lower on Tuesday after T-note yields gave up an early advance, weakening the dollar's interest rate differentials. Strength in stocks on Tuesday was bearish for the dollar as it reduced...

Barchart

Dollar Firms With T-Note Yields

The dollar index (DXY00 ) today is up slightly by +0.05%. Higher T-note yields today are supportive of the dollar as the 10-year T-note yield rose to a 1.5-week high at 4.11%. Also, today’s action by the OECD to boost its US 2025 GDP forecast was supportive for the dollar....

Barchart

Stock Indexes Push Higher on Strength in Chip Makers

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.79%. December E-mini S&P futures (ESZ25 ) are up +0.28%, and December...

The Independent UK

Despite US trade war, EOCD expects global economy will grow 3.2% this year

The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.S. economic growth this year

Axios

AI bubble a "key downside risk" to U.S. economy, report warns

The OECD expects growth to slow and inflation to rise in the U.S. next year.

Barchart

Stock Index Futures Gain as Investors Recover Risk Appetite

December S&P 500 E-Mini futures (ESZ25) are up +0.27%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.39% this morning, signaling a rebound from yesterday’s sell-off on Wall Street as investor risk appetite gradually returns at the start of December, a period that has historically been strong for markets.

Evening Standard

UK growth facing headwinds from tax hikes and spending cuts – OECD

The OECD said growth will slow to 1.2% next year, before edging up to 1.3% in 2027, with ‘substantial’ downside risks from fiscal tightening.

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