OECD

To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. We’ll publish several pieces throughout the year as the AI boom continues, highlighting key work that often goes unrecognized. Read more profiles here. As an AI expert at the Organization for Economic Co-operation and Development (OECD) and the Global Partnership on AI (GPAI), an international…

More than a quarter of jobs in the OECD rely on skills that could be easily automated in the coming artificial intelligence revolution, and workers fear they could lose their jobs to AI, the OECD said on Tuesday.The Organisation for Economic Co-operation and Development (OECD) is a 38-member bloc, spanning mostly wealthy nations but also some emerging economies like Mexico and Estonia. There is little evidence the emergence of AI is having a significant impact on jobs so far, but that may be because the revolution is in…

A delegation from the Organisation for Economic Co-operation and Development (OECD) met with Nigerian representatives on 4th and 5th April 2023, at a workshop it jointly organised with the Federal Inland Revenue Service (FIRS), to discuss the maximisation of the benefits of the Two-Pillar Solution for Nigeria. This is contained in the Workshop’s Outcome statement released Thursday, signed by the Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami and the OECD Representative, Ben…

OECD's Istanbul centre will provide support in many fields such as tax administration, bankruptcy laws and supply chains. The center was opened in January 2021 and it was officially launched on Wednesday. (AA)…

Western central banks should keep raising interest rates to tame high inflation, a leading research body said on Friday, as fresh data showed wages in the eurozone rose at the fastest pace on record late last year.The news underlines how concerns about inflation persist despite market expectations that mounting strains in the banking system could lead central banks to pause their interest rate rises. In its first report on the outlook for the global economy this year, the Organization for Economic Cooperation and…

A man wheels a trolley past a screen displaying Chancellor of the Exchequer Jeremy Hunt being interviewed by the BBC the morning after his autumn statement, outside the BBC studios in central London.Aaron Chown - Pa Images | Pa Images | Getty ImagesLONDON — U.K. growth has lagged the world's biggest economies since the Covid-19 pandemic and is substantially below the OECD average, according to a new report from the influential Paris-based group.U.K. gross domestic product has contracted by 0.4% between the fourth quarter…

The European Central Bank will have to raise its key interest rate much further if it is to bring down persistently high inflation, the Organization for Economic Cooperation and Development warned Tuesday.Inflation rates have surged since Russia’s invasion of Ukraine pushed energy and food prices sharply higher. While there have been some recent signs that these rates are at or close to their peaks, the Paris-based research group said inflation is unlikely to fall back quickly to the 2% level targeted by many central…

Russia’s invasion of Ukraine will cost the global economy $2.8 trillion in lost output by the end of next year—and even more if a severe winter leads to energy rationing in Europe—the Organization for Economic Cooperation and Development said Monday. The estimate by the Paris-based club of advanced economies lays bare the magnitude of the economic fallout from Moscow’s invasion of its neighbor seven months ago, the worst military conflict on the continent since World War II, which is Russia’s attempt to redraw the map of…

Until the invasion, European inflation rates looked set to remain below their U.S. equivalent, reflecting a slower economic recovery from the Covid-19 pandemic. This changed after the war started, sending food and energy prices surging in Europe. The only difference with the U.S. now: Pay rises in Europe are lagging far behind inflation, leading to a sharp decline in real wages—wages adjusted to take consumer-price rises into account. “We budget 100 euros for each trip to the supermarket and we keep coming…