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British oil company endangering Africa’s most biodiverse area: WWF

Environmental campaigners WWF filed a complaint on Monday against a British oil company accused of intimidating the local population and endangering wildlife in the oldest nature reserve in Africa. The wildlife charity claims that Soco International’s oil exploration activities in and around Virunga National Park in eastern Democratic Republic of…

Farm subsidies on the rise in the world’s biggest economies

Farm subsidies in the world’s biggest economies rose in 2012, the OECD said, reversing a long-term trend as governments poured more funding into agriculture despite strained budgets and high food prices. In its annual report on global farming, the OECD said state support for farming stood at an average of…

Western governments set to target tech giants over tax avoidance

By Gernot Heller and Tom Bergin BERLIN/LONDON (Reuters) – Western governments are set to target a range of tax loopholes used by technology giants including Apple, Amazon as part of an international drive to tackle corporate tax avoidance, a draft action plan seen by Reuters said. The Organisation for Economic…

UN food agency warns global agricultural production is expected to slow in coming decade

Growth in global agricultural production is expected to slow in the coming decade, the UN food agency and the OECD said in a joint report Thursday, warning threats to food security remain. The world’s agricultural output is projected to grow at an average 1.5 percent annually from 2013 to 2022,…

Austerity cuts in aid to developing countries puts lives at risk: Oxfam

Faced with austerity budgets rich nations cut aid to developing countries by 2.7 percent last year, the OECD says, with aid group Oxfam warning this is putting lives at risk. The cut in development aid, the first for 14 years, looks likely to continue at a time when poor countries…

Environmental crunch ‘worse than thought’: OECD

Pressures on Earth’s ecosystem are now so great that future generations could be doomed to falling living standards, the OECD said on Thursday in a report looking to the mid-century. “Providing for a further two billion people by 2050 and improving the living standards for all will challenge our ability…

OECD study: US ‘high on prisons, low on pensions’

The Organization for Economic Cooperation and Development (OECD) has released a report stating that the United States has the highest percentage of incarcerated citizens in the developed world and ranks ninth from the bottom in social spending. The report was included in what Business Insider calls a “massive pack of…

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