Daily Management Review
Economics
World Bank forecasts global GDP growth of 2.5% in 2026 and 2.8% in 2027.

World Bank forecasts global GDP growth of 2.5% in 2026 and 2.8% in 2027.

The World Bank (WB) forecasts that global economic growth will reach 2.5% in 2026 and 2.8% in 2027, as stated in its June Global Economic Prospects report. World GDP grew by 2.9% by the conclusion of 2025. In January, the WB projected economic growth of 2.6% for this year and 2.7% for the following...
Border Livestock Ban Reshapes North American Beef Trade as Mexico Expands Processing Capacity

Border Livestock Ban Reshapes North American Beef Trade as Mexico Expands Processing Capacity

A year after Washington halted imports of Mexican cattle to prevent the spread of New World screwworm, the policy is producing consequences that extend far beyond animal health. What began as an emergency biosecurity measure has evolved into a significant shift in the structure of the North...
Dollar Strength, Energy Pressures and Slowing Momentum Put the Euro at a Critical Turning Point

Dollar Strength, Energy Pressures and Slowing Momentum Put the Euro at a Critical Turning Point

The euro's recent weakness against the U.S. dollar is drawing renewed attention from investors, policymakers, and currency strategists as the common European currency approaches what many analysts view as an important phase in its current cycle. After reaching multi-year highs earlier in the year,...
ECB Seeks to Contain Inflation Amid Energy Market Turmoil

ECB Seeks to Contain Inflation Amid Energy Market Turmoil

The European Central Bank is approaching a critical phase in its effort to maintain price stability as renewed energy market disruptions push inflation higher across the euro area. Policymakers are widely expected to raise interest rates as they seek to prevent a temporary inflation shock from...
Steady Hiring Momentum Gives US Federal Reserve Greater Flexibility as U.S. Labor Market Holds Firm

Steady Hiring Momentum Gives US Federal Reserve Greater Flexibility as U.S. Labor Market Holds Firm

The United States labor market delivered another month of stronger-than-expected job growth in May, reinforcing a trend that has gradually emerged over recent months: an economy that continues to generate employment despite elevated borrowing costs, geopolitical uncertainty, and persistent...
Number of dollar millionaires worldwide grows by 7.9% in 2025 to 25.3 million

Number of dollar millionaires worldwide grows by 7.9% in 2025 to 25.3 million

According to Capgemini's annual World Wealth Report, the number of high-net-worth individuals worldwide rose by 7.9% last year, reaching a total of 25.3 million. High-net-worth individuals are considered those who have assets worth more than $1 million, but this amount does not include the value of...
China’s Growing Companionship Economy Reflects Changing Social Habits, Work Patterns, and Emotional Needs

China’s Growing Companionship Economy Reflects Changing Social Habits, Work Patterns, and Emotional Needs

A rapidly expanding market for paid companionship services is emerging as one of the more unusual developments within China’s consumer economy, reflecting deeper shifts in social behavior, urban lifestyles, and employment patterns. According to reported developments and industry estimates, the...
AI Infrastructure Demand Keeps Nvidia on Growth Path as Supply Challenges Persist

AI Infrastructure Demand Keeps Nvidia on Growth Path as Supply Challenges Persist

Nvidia’s confidence in its ability to support the next wave of artificial intelligence expansion reflects a broader transformation taking place across the global technology industry. As businesses, governments, cloud providers, and software developers accelerate investments in AI systems, demand...
Bloomberg: The EU may freeze the price cap for Russian oil

Bloomberg: The EU may freeze the price cap for Russian oil

The EU is contemplating a temporary suspension of the price cap on Russian oil because of the conflict in the Middle East, Bloomberg reported. The agency reported, referencing sources close to the matter, that the European Union is contemplating a temporary halt on the price cap for Russian oil as...
Amazon Gold Laundering Undermines Brazil Crackdown: Greenpeace

Amazon Gold Laundering Undermines Brazil Crackdown: Greenpeace

Brazil's campaign against illegal gold mining has delivered some of its strongest enforcement results in recent years, yet new findings suggest that billions of dollars worth of gold continue to move through supply chains linked to the Amazon rainforest. A study released by environmental watchdog...
1 2 3 4 5 » ... 487