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Tax burden on wages in rich countries rose again in 2013: OECD

By Tom Bergin LONDON (Reuters) - Taxes on wages rose across industrialized countries last year, as governments sought to reduce budget deficits blown out by efforts to tackle years of economic weakness following the financial crash. The Organisation for Economic Co-operation and Development (OECD), whose members include the world's richest nations, said the total burden of taxes on labor rose to 35.9 percent in 2013 from 35.7 percent in 2012.

Japan ranks 3rd in problem solving skills in OECD survey

Japan ranked third after Singapore and South Korea in 15-year-old students' computer-using problem-solving skills among 44 economies that participated in a 2012 survey by the Organization for Economic Cooperation and Development, the OECD said Tuesday. The survey under the Program for International Student Assessment used computers for the first time for measuring problem solving, defined as an ability to use cognitive processes to confront and resolve a real situation where the solution path is not immediately obvious.

OECD suspends Russian membership process, favours Ukraine

The Organisation for Economic Cooperation and Development said on Thursday that it had postponed the process for Russian membership and said it would boost links with Ukraine. The OECD, a key policy forum for advanced democracies, said that at the request of its 34 members it had "postponed activities related to the accession process" for the Russian Federation "for the time being". OECD members had also agreed that the OECD "should respond positively to Ukraine's request to further strengthen existing OECD-Ukraine co-operation," the grouping said in a short statement.

OECD suspends Russian membership process, favours Ukraine

The Organisation for Economic Cooperation and Development said on Thursday that it had postponed the process for Russian membership and said it would boost links with Ukraine. The OECD, a key policy forum for advanced democracies, said that at the request of its 34 members it had "postponed activities related to the accession process" for the Russian Federation "for the time being". OECD members had also agreed that the OECD "should respond positively to Ukraine's request to further strengthen existing OECD-Ukraine co-operation," the grouping said in a short statement.

OECD suspends accession talks with Russia

PARIS (Reuters) - The OECD said on Thursday it had postponed all activities related to Russia's accession to the organization following a request from its 34 members. The move by the organization, which includes economic heavyweights such as the United States, Germany, France, Japan and Mexico, is the latest effort to apply pressure on Moscow ahead of a referendum on Sunday in which Ukraine's southern region of Crimea could vote to secede and join Russia.

Developed economies' comeback threatened by slowdown in emerging ones, OECD think-tank says

PARIS - A leading international economic body is warning global growth is likely to remain sluggish as a slowdown in the developing world undercuts gains in Europe and the United States. The Organization for Economic Cooperation and Development says in an update to November's World Economic Outlook that developed economies are suffering a temporary slowdown, mainly due to one-time factors like the harsh winter weather in North America. But it said the underlying trend is one of growth.

Norwegian men most helpful with housework, OECD survey finds

(Reuters) - Norwegian men pitch in the most with housework and related chores while Japanese men do the least in a survey released by the Organisation for Economic Cooperation and Development (OECD) ahead of International Women's Day on Saturday. In a comparison of statistics from most of the 34 OECD member countries concerning how much time adults of each sex spend on what the OECD calls "unpaid work", the organisation concluded that "women are slowly closing the gap with men as more have careers".

OECD delivers new global standard to target tax cheats

The OECD on Sunday delivered a new global standard to crack down on tax evasion with more than 40 countries already committing to measures which the European Commission called "a big step" forward. Organisation for Economic Cooperation and Development (OECD) chief Angel Gurria called it "a real game-changer" that would strengthen international cooperation to catch cheats. "Globalisation of the world's financial system has made it increasingly simple for people to make, hold and manage investments outside their country of residence," he said.

OECD delivers new global standard to target tax cheats

The OECD on Sunday delivered a new global standard to crack down on tax evasion with more than 40 countries already committing to the measures. Organisation for Economic Cooperation and Development (OECD) chief Angel Gurria called it "a real game-changer" that would boost international cooperation to reel in cheats. "Globalisation of the world's financial system has made it increasingly simple for people to make, hold and manage investments outside their country of residence," he said.

OECD delivers new global standard to target tax cheats

The OECD on Sunday delivered a new global standard to crack down on tax evasion with more than 40 countries already committing to the measures. Organisation for Economic Cooperation and Development (OECD) chief Angel Gurria called it "a real game-changer" that would boost international cooperation to reel in cheats. "Globalisation of the world's financial system has made it increasingly simple for people to make, hold and manage investments outside their country of residence," he said.
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