Coca-Cola’s estimated $3 billion initial public offering for its African bottling unit will likely take place in the third quarter, after market turmoil linked to the war in Ukraine upset plans to list earlier. The flotation of Coca-Cola Beverages Africa would be the biggest on the Johannesburg Stock Exchange since at least 2016 and a...
Shell’s Nigerian oil assets attract interest from local firms
Five Nigerian oil and gas companies are preparing to submit bids this month for Royal Dutch Shell’s onshore oilfields in a sale that could fetch up to $3 billion, three sources involved in the process told Reuters. Shell started talks with the Nigerian government last year about selling its stake in the West African country’s...
Drug overdose deaths among teenagers surged during the pandemic driven by illicit fentanyl
Fentanyl was involved in 84% of the deaths while opioids of any type were involved in 91%.
EU approves measure to limit natural gas prices in effort to combat energy crisis
European Union energy ministers agreed to a “dynamic” cap on natural gas prices Monday after two months of intense negotiations.
Revenue Statistics: Key findings for Australia
The OECD’s annual Revenue Statistics report found that the tax-to-GDP ratio in Australia increased by 0.8 percentage points from 27.7% in 2019 to 28.5% in 2020.* The corresponding figures for the OECD average were an increase of 0.2 percentage points from 33.4% to 33.6%.
Revenue Statistics: Key findings for the United States
The OECD’s annual Revenue Statistics report found that the tax-to-GDP ratio in the United States increased by 0.8 percentage points from 25.8% in 2020 to 26.6% in 2021. Between 2020 and 2021, the OECD average increased from 33.6% to 34.1%.
Amazon workers will go on formal strike for the first time in the UK
Employees at Amazon’s Coventry warehouse in central England voted Friday to go on strike.
Carbon Pricing: key findings for Australia
Carbon pricing is a powerful tool that can help countries meet climate targets, lead to cleaner air and water, and improve public finances. This country note takes stock of how carbon prices on greenhouse gas emissions have evolved in Australia between 2018 and 2021. It estimates effective carbon prices resulting from carbon taxes, emissions trading...
‘Crunch time’: EU members in last-minute push to compromise on gas price cap
EU energy ministers are engaged in crunch talks over the details of a gas price cap intended to protect consumers from higher prices.
Carbon Pricing: key findings for the United States
Carbon pricing is a powerful tool that can help countries meet climate targets, lead to cleaner air and water, and improve public finances. This country note takes stock of how carbon prices on greenhouse gas emissions have evolved in the United States between 2018-21. It estimates effective carbon prices resulting from carbon taxes, emissions trading...