The blog by Sincro: The power of information

24 Jul
IMF Figures

IMF: Sluggish Global Growth Calls for Supportive Policies

In the July update of the World Economic Outlook (IMF) was revised downward the projection for global growth to 3.2 percent in 2019 and 3.5 percent in 2020, according to Gita Gopinath in this post. While this is a modest revision of 0.1 percentage points for both years relative to our projections in April, it […]

23 Jul
World Bank Ecohon

24-hour global Econothon highlights the World Bank Group’s knowledge and priorities (24 & 25 July)

Save the date (Tomorrow, July 24). A What-a-thon? Econ-o-thon? Live around the world? For a whole 24 hours? What? Where? Who? Why? It sounds like a crazy idea – broadcasting discussions on development economics live from around the world for 24 hours. But that’s exactly the challenge the World Bank is setting on July 24 […]

26 Jun
crowdfunding European Council June 2019

European Council sets its position on easier access to crowdfunding platforms

Capital markets union: European Council sets its position on easier access to crowdfunding platforms. As part of its efforts to improve access by investors and businesses to new financing sources, the EU is setting out a new regulatory framework for the operation of crowdfunding platforms. This new framework makes it easier for crowdfunding platforms to […]

25 Jun
debt and loans in European Union Eurostat

Structure of government debt in 2018: Debt mainly held by non-residents in half of the EU Member States

Structure of government debt in 2018. Significant differences can be observed across the European Union (EU) regarding the sector in which government debt is held. Among Member States for which data are available, the share of public debt held by non-residents in 2018 was highest in Cyprus (76%), followed by Latvia (74%) and Lithuania (73%). In […]

20 Jun
complementos salariales computan en el SMI

Wide variation of consumption per capita across EU Member States: GDP per capita ranged from 50% to 254% of EU average

Actual Individual Consumption (AIC) is a measure of material welfare of households. Based on first preliminary estimates for 2018, AIC per capita expressed in Purchasing Power Standards (PPS) varied from 56% to 132% of the European Union (EU) average across the Member States (figures released by Eurostat). Ten Member States recorded AIC per capita above […]

19 Jun
economic growth

Global Growth to Weaken to 2.6% in 2019, Substantial Risks Seen (World Bank in its June 2019 Global Economic Prospects)

Global economic growth is forecast to ease to a weaker-than-expected 2.6% in 2019 before inching up to 2.7% in 2020. Growth in emerging market and developing economies is expected to stabilize next year as some countries move past periods of financial strain, but economic momentum remains weak, according to the last figures released by World […]

18 Jun
Eurostat cost of labour hours

Hourly labour costs rose by 2.4% in the euro area (EA19) and by 2.6% in the EU28 in the first quarter of 2019

Hourly labour costs rose by 2.4% in the euro area (EA19) and by 2.6% in the EU28 in the first quarter of 2019, compared with the same quarter of the previous year. In the fourth quarter of 2018, hourly labour costs increased by 2.3% and 2.8% respectively. These figures are published by Eurostat, the statistical […]

11 Jun
ILO International Labour Conference June 2019

ILO: World leaders address the Centenary International Labour Conference

World leaders gathered at the Centenary International Labour Conference  (ILC) to reaffirm their commitment to the principle of social justice upon which the ILO was founded 100 years ago. The Conference, which is the 108th session of the ILC, runs from yesterday, June 10, to next 21. A movement Heads of state and government and other top […]

10 Jun
TAX AEOI Initiative

OECD: Implementation of tax transparency initiative (AEOI Initiative) delivering concrete and impressive results

International efforts to improve transparency via automatic exchange of information on financial accounts are improving tax compliance and delivering concrete results for governments worldwide, according to new data released last 7 June by the OECD. More than 90 jurisdictions participating in a global transparency initiative under the OECD’s Common Reporting Standard (CRS) since 2018 have […]

04 Jun

Building a future with decent work: The 108th International Labour Conference (10-21 June)

The 108th International Labour Conference gets underway in Geneva, Switzerland from 10 to 21 June 2019. This year’s session brings together over 5,000 delegates from around the globe to find solutions to the challenges of the future of the world of work, and celebrate the Centenary of the International Labour Organization. Tematic forums At its […]

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Sincro’s blog is designed to provide daily information on labour, fiscal and economic news. We do not provide free advice nor do we answer personalized queries that come to us through the blog. If you need advice, do not hesitate to contact our Team of Experts to request a quote.

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