Central banks must keep interest rates high to combat inflation, says OECD

Organisation also says UK will be only G20 economy apart from Russia to shrink this year

Extreme poverty could be eradicated globally by 2050 – report

Higher growth should mean stable employment and wages, with low- and middle-income countries seeing biggest improvements

The shadow chancellor has read the room on the need for a stable tax regime, but the ‘to-be-decided’ list is long

No 10 says UK is giving firms in Northern Ireland time to prepare with phased introduction

Western sanctions are causing serious pressure, with budget deficit forecast to jump

Editorial: Cancelling loans put the Wunder into Wirtschaftswunder. Treat poor nations the same today

A year of conflict has brought soaring prices and faltering trade, but also a step change in the switch to renewables

US president puts forward choice to oversee new focus on climate crisis after resignation of Trump appointee David Malpass

Loan is on top of £25bn that cash-strapped Islamabad already owes Beijing and Chinese commercial banks

Calls for White House to lose stranglehold on choosing bank’s leadership

David Malpass was criticised when he dodged question about fossil fuels’ link to climate crisis

The index of largest companies listed on the London Stock Exchange reaches its highest level

Index rises to 7934.30, pushing it above previous record set on 3 February

The blue-chip Footsie has closed at an all-time high while the UK’s economy is set to shrink

Exclusive: Forecasts predict exports will fall to £707bn next year and target will not be reached until 2035