Failure to help poor countries fight Covid ‘could cost global economy $4.5tn’, says IMF
Fund calls on rich nations to help halt spread of infectious variants through countries with low vaccination rates
Global markets fall amid pessimism over soaring Covid-19 cases
European markets drop, with £44bn wiped off the value of UK’s FTSE 100
Sir Martin Sorrell’s S4 Capital reports ‘post-pandemic rebound’ in economy
Advertising and marketing company upgrades profits despite growth of Delta Covid variant
Ireland ‘committed’ to maintaining its low corporate tax regime
Finance minister denies reports country will scrap 12.5% rate to align with plans for global figure of 15%
Rise in China’s imports and exports eases fears over global growth
Better-than-expected figures for June come as Covid lockdown measures ease worldwide
UK business confidence jumps ahead of 19 July lockdown lifting
Survey shows firms most optimistic since 2005, as hiring intentions reach a record high despite a surge in Covid cases
Delta variant fears send shares down sharply in London and Europe
Investors worry resurgence of Covid-19 cases will slow economic growth and stall global recovery
G20 urged to do more to support global vaccine distribution
New alliance of multilateral institutions warns vaccine inequity could curb economic recovery
Global tax reform: 130 countries commit to minimum corporate rate
Landmark moment for world economy with OECD plan that also covers prevention of profit-shifting
Forget GDP, ‘vulnerability index best gauges aid’ to small islands
Commonwealth research says UVI is better measure of small island states’ aid needs, especially on climate
Recipe for inflation: how Brexit and Covid made tinned tomatoes a lot dearer
Combine the pandemic with rising raw material costs, stir in a labour shortage, a twist of Brexit, add a pinch of poor weather and voila …
UK and Australia to collaborate on cultural exchange season
Arts programme Who We Are Now will take place in both countries and aims to revise old assumptions
UK begins talks to join Asia-Pacific CPTPP trade treaty
Move is key part of Liz Truss’s plan to pivot trade away from Europe after Brexit
Half of Zimbabweans fell into extreme poverty during Covid
Poor families cannot afford healthcare and schooling but good harvests offer some hope, World Bank finds
Western countries must share Covid vaccines – if only for the sake of their GDP
Optimistic forecasts about ‘bouncing back’ will only come true if new variants do not close borders and devastate trade again