OECD, IMF and IIF warn of risks from rising debt in major economies
The three international bodies flagged the dangers of soaring borrowing costs facing the US, France, the UK and Japan, warning of risks tied to $365bn in global debt.
The three international bodies flagged the dangers of soaring borrowing costs facing the US, France, the UK and Japan, warning of risks tied to $365bn in global debt.
A report from The Guardian — World sets out the main available details, with claims kept attributed to their sources.

More than 600 Qantas ground crew began a 24-hour strike as the OECD flagged persistent inflation pressures in Australia.

The organization's chief economist pointed to ongoing reforms as a factor behind Italy's stronger-than-anticipated economic performance.

The organization says AI-related investments are supporting the resilience of the global economy, as fears of the energy crisis mount.

Higher energy prices linked to Middle East conflict and climate change could weigh on growth, the OECD says.

The OECD cut its UK inflation forecast and said new government support measures are likely to lift growth, according to a Guardian business live report.

The Paris-based organization also left its 2027 growth forecast for Italy unchanged while projecting inflation will ease over the period.

An international assessment study reviewed academic achievement results for students in 79 countries worldwide, including six Arab nations, amid questions about the state of education systems in the region compared to international standards.

International study reveals historic decline in German students' performance in reading, mathematics and science, amid questions over underlying causes
A global OECD education report found that students who use AI to help them study tend to perform worse than those who don't, though certain uses provided a slight benefit, according to The Verge.