Daily Management Review
Economics

United States is looking for rare earth metals suppliers outside of China

Against the background of reports on the possible restriction of the export of rare earth metals from China, the US Department of Defense is negotiating with other manufacturers. The United States, against the background of a trade conflict with China, is looking for alternative suppliers of rare...

IMF: Probability of global recession in connection with new duties is low

Managing Director of the International Monetary Fund, Christine Lagarde, said on Wednesday that the IMF currently does not see the threat of a global recession due to the escalation of the trade conflict between the US and China and potential US taxes on Mexican imports. However, in an interview...

An Escalation Of Global Trade Wars Being Predicted By Goldman Sachs

It own expectations of an escalation of the trade was that the United States has waged with China and threatened to do so with Mexico has been revised by Goldman Sachs.   According to a note sent the Wall Street investment bank on Monday, the chances of the US president Donald Trump’s...

China Agrees To Accept Reasonable Rare-Earth Demand

Amid speculations of China dominating in rare-earth exporters’ market, the country showed signs of meeting other countries’ demand on conditions. China has consented to meet demands for “rare earths from other countries” provided they are “reasonable”. However, it will not accept if other countries...

UK activists publish offshore rating, find the "axis of tax evasion"

The British non-governmental organization Tax Justice Network (TJN), acting “for fair taxation”, presented the Corporate Tax Haven Index. The paper rates countries by possibilities of tax evasion in corporate law. The top lines are occupied by UK crown dependencies and overseas territories (CDOT)....

Mexico Could Strengthen Current Immigration Practices To Placate Trump

Indications that migration control mechanisms could be tightened by Mexico in order to prevent the risks of imposition of tariffs on all goods exported into the United States by President Donald Trump, was found in the words of Mexico’s president on Saturday. He further also expressed his optimism...

Trump Announces Tariffs On Mexico Over Illegal Immigration Issue

All goods imported into the United States from Mexico would face tariffs if the southern neighbor of the US doe not curb illegal immigration into the US, announced US President Donald Trump. A 5% tariff would be imposed on Mexican goods entering the US starting June 10 and would slowly rise...

No-Deal Brexit Endangers The U.K.’s Future: Hammond

Amid the race to win the seat of Britain’s Prime Minister, the British Finance Minister warns that leaving without a deal from the bloc should not be an option. The Finance Minister of Britain, on Thursday, May 30, 2019, urged his party members contending to be the successor of Theresa May as the...

EC warns the US against arresting European assets in Cuba

The EU authorities have notified the US Chamber of Commerce that they will confiscate the assets of US companies on their territory if American firms try to seize the assets of European companies in Cuba through court, Bloomberg reported with reference to a written notice sent to the US Chamber of...

Contraction In Brazilian Economy For The First Time Since 2016

A contraction hit the Brazilian economy in the first quarter of the current year which is the first contraction for the economy since its recession in 2016. According to government data, the contraction was of 0.2 per cent in comparison to the last three months of 2018. However the year-on-year...
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