The US and Europe looked set for a renewed clash over everything from car tariffs to digital taxes in a sign that a new American focus was emerging following president Donald Trump’s trade truce with China.

“If you want to do your private practice — no problem at all. But if you are a new consultant you may only do it in a private health facility,” said the minister.

France has hit back at a US threat to slap 100% tariffs on French cheese, Champagne and other products, with the president telling Donald Trump the move would amount to an attack on all of Europe.

Most of the commercial services barometers, including the recent World Trade Organisation report, indicate a downturn in global sales for software, financial services, and information communications technology.

The Government appears to be drawing closer to formally conceding the tech giants, including Google, Twitter, and Facebook, which have significant bases in Ireland will be taxed by individual governments on the revenues they generate across Europe.

Ireland is near the top of the table of 25 countries for opioid-related drug deaths, according to new research.

The chief of the Organisation for Economic Cooperation and Development (OECD) — a regular visitor during the financial crisis — has warned that, despite an impressive economic recovery, Ireland should never forget it’s a small country that belongs to “the Avis Club”.

Irish people enjoy some of the highest average earnings among OECD countries but end up with one of the lowest disposable incomes due to high personal taxes and the cost of living, a new report shows.

Irish Water is not the only water utility operating in a setting made complex by conflicting political and financial needs.

Opposition politicians have called for full “transparency” over the fees Government and AIB will spend on advisers as Finance Minister Michael Noonon confirmed plans to sell 25% of the bank.

A modest recovery underway in the global economy is at risk from economic nationalism and diverging central bank policies, the Organisation for Economic Cooperation and Development (OECD) has said as it forecast only a slight pick-up in growth.

Finance Minister Michael Noonan says he expects the US regime under Donald Trump to overhaul its tax system but added that foreign investment here remains strong.

The global economic outlook has grown darker than it was only a few months ago, but the US is doing well enough that its central bank should go ahead with its first rate increase since the financial crisis, the OECD yesterday said.

Greece must become more just and efficient to avoid a repeat of its economic crisis, its prime minister Alexis Tsipras said as he visited Paris to seek the blessings of the Organisation for Economic Cooperation and Development for a series of reforms he has promised.

World financial leaders are likely to agree tomorrow to cut the number of actions they will take this year to boost growth to only 5-10 priorities per country to make it easier to check if they are being done, European officials said.

Finance ministers and tax chiefs from 51 countries signed an agreement yesterday to automatically swap tax information, which Germany’s finance minister said heralded the end of tax evasion via secret bank accounts.

The Organisation for Economic Cooperation and Development (OECD) has unveiled its recommendations on overhauling global corporation tax.

The OECD yesterday slashed growth forecasts for major developed economies, urging much more aggressive European Central Bank (ECB) stimulus to ward off the risk of deflation in a subdued eurozone.

Real wage growth in the developed world has come to a “virtual standstill” since 2009 and has fallen in some countries, according to a new report.

From China to Canada and London, fast-rising property markets are haunting the global economy again, five years after the US subprime mortgage bubble burst and triggered the worst financial crisis since the 1930s.

The Government is very aware the country’s corporate tax regime has to be changed, according to the economist who has drawn up a blueprint to plug tax loopholes for multinationals.

Standards have been set, they just have to be enforced, writes Claire O’Sullivan

The global economy is beginning to rebound, but Europe is lagging behind and unemployment rates, even in countries starting to see growth, are still too high, a leading international economic body says.

It’s probably not a concept that the present Government, banks and lawmakers want to think about, but the fact is that Iceland’s economy has grown by leaps and bounds since the government there implemented widespread debt forgiveness for many of its citizens.

The tiny Nordic European island country of Iceland is presently experiencing one of the greatest economic comebacks of all time.

Turnover of cross-border organised crime is about €710bn a year — more than six times the total of official development aid — and stopping this “threat to peace” is one of the greatest global challenges, a UN agency has said.

European Union economies are in a serious downturn and more action is needed to return them to growth, according to the Organisation for Economic Cooperation and Development (OECD).

Pressure mounted on Europe to build an even bigger financial stabilisation fund to head off sovereign debt concerns, with the United States, Brazil, and the Organisation for Economic Cooperation and Development (OECD) all urging an increase.

STUDENTS from poorer backgrounds may suffer most from a budget cut that could see schools reduce guidance counselling next year, the Economic and Social Research Institute (ESRI) will warn today.

GERMAN Chancellor Angela Merkel may get some help from the Irish in her push for greater budget unity in the euro region.

THERE are fewer people dying in road accidents in this country than most of the other OECD countries, a report shows.

THE European Central Bank should cut interest rates and step up its bond purchase programme to support confidence andeconomic activity in the eurozone, which has entered a mild recession and is the main risk to the world economy, the OECD said.

The Irish Cancer Society says a new report on poor cancer survival rates in Ireland highlights how vital it is to roll out more national screening programmes.

THE European Commission is pushing for a coordinated capital injection for banks to shield them from the fallout of a potential Greek default as Germany urges each country to prepare its own blueprint.

TOKYO Japan’s economy contracted during the April-June quarter at an annual rate of 2.1%, worse than the initial estimate, the government said today, underlining the damage from the March earthquake disaster.

IRISH stocks ended the day in positive territory yesterday as stocks around Europe reacted favourably to news of an end of the war in Libya.

WE’VE had feminism, we’ve had equality legislation, we’ve had an economic boom with unprecedented employment opportunities and we’ve had two women arrive in Áras an Uachtaráin with husbands and kids in tow.

THE Irish economy, which contracted 14.5% in the last three years, will not return to growth until 2012, the Organisation for Economic Cooperation and Development (OECD) said.