Rising risk of US and China housing slump causing recession – IMF

Concern that overvaluation, low interest rates and loose lending will affect stabilityA growing number of homes in the US and China are teetering on the brink of a price slump that would drag their economies into a recession, the International Monetary…

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IMF chief joins calls for big tech firms to pay more tax

Christine Lagarde says governments must address corporation taxation concernsThe managing director of the International Monetary Fund has joined the growing clamour to further tax tech firms Google, Facebook and Amazon as part of a wider review of “out…

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Why the road to full employment is lined with food banks

Economists say a low joblessness rate is not necessarily a sign of a healthy economyBritain’s unemployment rate fell to 3.9% in January, the lowest level in more than 44 years. Is the return to levels of employment last seen in the 1970s a sign that th…

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