Daily Management Review
Economics

Cambodia Signs An Agreement With Hungary For Mutual Investment

Hungary and Cambodia to boost their economy through trade confirms an agreement. On the 14th of January 2016 Hungary and Cambodia signed onto a “mutual investment protection” agreement whereby both the countries will boost their economy by paving the way through “trade relations”.   The...

Declining Oil Prices Force Russian Economy to Shrink Most Since 2009

Oil decline and sanctions over the conflict in Ukraine that curbed access to international financing has forced Russia's economy to get contracted the most since 2009 last year as the country faces renewed pressure from plunges in energy prices and the ruble.   The Federal Statistics Service...

Oil Gloom and China Rout Deepens Losses in Asian Markets

With a renewed slide in oil prices giving investors few reasons to reassess a darkening outlook for the global economy, a plunge in Chinese share markets capped a miserable day for Asian equities on Tuesday.   With MSCI's broadest index of Asia-Pacific shares outside Japan falling 1.5...

Rally in Oil Prices is Followed by a Surge in Asian Shares

Extending gains from Friday after a rally in battered oil prices prompted a rise in global equities, shares in Chinese and other Asian markets began the week on a firmer note. With Japan’s Nikkei nudging 1% higher and MSCI’s broadest index of Asia-Pacific shares outside Japan up 1.6%, other stock...

Ocean Worth $1 Trillion or How to Use the Arctic

Guggenheim Partners estimated total global investments in the Arctic. They totaled $ 432.4 billion. According to the company’s experts, sustainable development of the region will require $ 1 trillion, that is, other $ 567.6 billion are currently lacking. For new investments in the North Pole not to...

Global Stimulus Hopes Pull up China Share to End Higher

In a relatively muted response to hints of more policy stimulus in Europe and Japan that prompted a robust rally in battered oil prices and equities elsewhere, China's fragile shares ended higher on Friday.   The benchmark Shanghai Composite Index managed a rise of just 1.25 percent,...

Deutsche Bank: Cash Will Disappear in 10 Years

According to General Director of Deutsche Bank John Cryan, development of digital technology will soon lead to disappearance of cash from circulation. During a panel discussion 'The Transformation of Finance' organized by the Davos forum, head of the Germany's largest private bank said that most...

Top Oil Exporting Nations Take up Green Energy due ot Slump in Oil Prices

Some of the world’s biggest oil exporters are trying to curb domestic consumption of fossil fuels and invest in wind and solar power, due to the oil price slump below $30 barrel, according to government officials meeting in Abu Dhabi.   Saudi Arabia, Russia, Iran, Kuwait, the United Arab...

World Economic Forum: Four Major Themes

On Wednesday, the world elite gathers for the annual conference of the World Economic Forum in Davos. There are 2 600 participants, who pay $ 25 thousand for the privilege of taking part in the conference - from Christine Lagarde, head of the IMF, and David Cameron, the British Prime Minister, to...

Emerging Economies Going Downhill Fast, say Economists in Davos

As once-booming economies appear trapped in a slow-bleeding cycle of weak growth and investment, more than a trillion dollars of investment flows has fled emerging markets over the past 18 months but the exodus may not even be halfway done and leaders gathering for this year's World Economic Forum...
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