Daily Management Review
Economics

USA pushing on China to ditch Iranian petroleum

The US is demanding that China stop buying oil from Iran. It is China that imports the lion's share of the oil remaining on sale after the introduction of anti-Iranian sanctions by the Americans. According to US Treasury Secretary Stephen Mnuchin, his subordinates are "in close contact" with...

Data Shows American Exports Hit By $46 Billion Due To Trump's Tariffs

An analysis of data released by the United States Commerce Department has revealed that since February 2018, American companies have been hit by about $46 billion because of US president Donald Trump’s tariffs for the purpose of restructuring of the United States's top trade relationships. The...

Analysts: Global economy lost over $ 8B due to Internet outages in 2019

The global economy lost $ 8.05 billion in 2019 due to deliberate Internet outages, mainly caused by governments of different countries. This was calculated by Top10VPN specialists. Outages occurred in 21 countries, there were 122 of them, and their total duration was more than 18 thousand hours....

Chinese Vice Premier Liu Will Sign Sino-US Phase One Trade Deal In Washington Next Week

The Chinese commerce ministry has said that it would sing the so called “Phase 1” deal with the United States in Washington next week which would be signed by the Vice Premier of China Liu He, who is also the head of the negotiation team of China that is negotiating the trade agreement with the...

Nigeria to increase LNG capacities

Partners in the Nigeria LNG (Nigerian National Petroleum Corp) project - Shell, Total and Eni - made the final investment decision (FID) to increase the plant’s capacity from 22 million to 30 million tons of LNG per year. The first batch of LNG from new capacities will be received in 2024. The...

IIF: Capital inflows to emerging markets grows in 2019

The stock markets of developing countries in 2019 attracted $ 310 billion of portfolio investments of non-residents - against $ 194 billion a year earlier and $ 375 billion in 2017, experts at the Washington Institute of International Finance (IIF) calculated. Particularly, the inflow amounted to $...

Germany To Move Towards Sustainable Finance By "Green Bonds" Issuance In 2020

Germany to use "green twin bonds" to "roll over maturing debt". In the second half of 2020, Germany promises to come out with its first "green bond" while in the following half, the country will introduce "a multi-billion euro" issue. The said step, informs the finance agency of Germany, is in line...

8th Reserve Ratio Cut By China’s PBOC Since Early 2018 To Prop Up Slowing Economy

In order to boost its slowing economy, a cut on the amount of cash that all Chinese banks need to hold as reserves was announced by China's central bank which has released about 800 billion yuan or $114.91 billion in distributable funds.   Effective from January 6, the reserve requirement...

Are We ‘Spending Another Decade Doing Worthy Things But Not Enough’?

Financial market is not fast enough to reduce investments on fossils fuels, says Carney. During an interview, the Bank of England’s Governor, Mark Carney said that the pace of financial services have been “too slow” for cutting down on investment in fossil fuels. Carney is scheduled to step down...

2020 Could Be A Tough Year For US LNG Exports, Which Soared To Record Highs In 2019

The exports of liquefied natural gas (LNG) of the United States in 2019 saw a record 60 per cent hike with the trend likely in the next year. However analysts have warned that 2020 could also create issues for this sector because of heavy competition and weakened demand globally.   This year...
1 2 3 4 5 » ... 210