World News

Pacific Island Countries Have Untapped Tax Potential

Image Credit: IMFBlog Tax policy There is scope to raise more revenue to pay for vital climate and social-development spending October 21, 2022/IMFBlog Sanjaya Panth, Todd Schneider, Mouhamadou Sy Palau is set to introduce a value-added tax in a move next year that will provide a fillip to public finances. […]

IOSCO Annual Meeting Names Jean-Paul Servais New Chair, Takes Forward its Ambitious Work Plan

October 21, 2022/IOSCO The International Organization of Securities Commissions (IOSCO) has appointed a new chair, Jean-Paul Servais, Chairman of Belgium’s Financial Services and Markets Authority (FSMA). Mr. Servais takes over as Board Chair from Mr. Ashley Alder, Chief Executive Officer of the Hong Kong Securities and Futures Commission, who has […]

Global Credit Risks Rise as Recessions, Gas Crisis Loom

October 19, 2022/Fitch Ratings Global credit risks have risen over the past quarter as the triple threat of rate rises, Europe’s gas crisis and China’s moribund property market show no sign of abating, Fitch Ratings says in its latest Risk Headquarters report. While our base-case forecasts were revised in September […]