Daily Management Review
Economics

Moderate Economic Growth Pointed Out By U.S. Services And Factory Data

Despite a deceleration in job growth last month, a sustained labor market strength was pointed out by a jump in employment in the U.S. to a near two-year high even as U.S. services sector activity slowed in May as new orders tumbled. Limited scope for faster economic growth was suggested by the...

A 22-Year History Rooted In Gas At The Core Of Saudi Arabia's Feud With Qatar

The long past of the dispute between Saudi Arabia and Qatar are best explained by natural gas and the latter’s excommunication of the former has been brewing since 1995.   That was the year when the tiny desert peninsula was about to make its first shipment of liquid natural gas...

Bitcoin’s rate is at the threshold of $ 3000

On the night of Tuesday, June 6, the weighted average bitcoin rate was close to $ 3,000, while the aggregate market capitalization of the market surpassed the $ 100 billion mark. Recall, not later than on Saturday, June 3, the price of bitcoin overcame the mark of $ 2500, but the ongoing bullish...

EEF’s Data Shows ‘Fastest Growth’ Of Britain Manufacturing Unit Amid ‘Darker’ Horizons

Although “snap election” failed to knock off “growth and confidence”, challenges definitely wait ahead. According to “an industry trade body”, the output from the British factory sector seem to be “on track” performing in its pace of “fastest growth” since the year of 2014 till date, although...

Crypto-Assets’ Demand Shoot Up As Coinbase Initiates Talks With Investors For Over ‘$1 Billion’ Funding

According to the reports of Wall Street Journal, the “biggest” venture is likely to take place in the history of bitcoin funding. Coinbase Inc. is an exchange of Bitcoin, which is in conversation with “potential investors” to acquire new “round of funding” for over “$1 billion”, as per the reports...

Sources Inform That Deutsche Bank Starts Selling ‘Non-Core Assets’ Of Its Polish Arm

Sources confirm of receiving ‘teasers’ while they are going to ‘unbid’ the offer now. According to “market sources”, Deutsche Bank AG has already kicked off the sale procedures of its “Polish banking” operations’ parts, as it gets rid of “non-core assets” besides freeing up capital.   The...

As Central Banks Sidle Toward Exit, Investors Sulk, But No Tantrum Likely

When a central bank signals that it is scaling back the stimulus that has kept an economy afloat - and lined the pockets of investors, history suggests that financial markets react violently.   Investors seem largely unruffled even as an end to ultra-easy monetary policies which have...

Made In The US Could Soon Replace 'Made In China'

Rising costs in China have been forcing manufacturers to explore new countries to make their goods and therefore contrary to widespread belief, China isn't the cheap place to manufacture that it once was.   And even many Chinese manufacturers are taking a second look at the U.S....

European real estate prices come back to a reasonable level

The period of the housing market bubbles in the euro area is over; the threat of a collapse remains only in two countries, says Deutsche Bank’s experts. Residential property prices in most of the euro zone countries have returned to an economically justified level. So-called bubbles and the danger...

The Analyst Who Correctly Called Its $2,000 Price Says Bitcoin Could Hit $100,000 In 10 Years

An analyst who correctly predicted the cryptocurrency's rally this year told the media that a 3,483 percent rise from its recent record high could be marked by ad bitcoin’s price has the potential to hit over $100,000 in 10 years.   One of the forecasts mentioned was calling for bitcoin to...
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