Daily Management Review
Economics

Euro-Zone’s Inflation Takes a Positive Turn In March 2016

As per the statistics given by the Eurostat, the euro-zone has managed to recover itself to “0.0%” in the CPI. In the month of March 2016, the inflation in the euro-zone took the market by a positive surprise, whereby the “final consumer prices index”, in short CPI, was revised at a “0.0%” higher...

Areas under the genetically modified plants decreased for the first time in 20 years

International Service for the Acquisition of Agri-biotech Applications (ISAAA), which holds the most authoritative study of biotech grains in the world, estimated that in 2015, the area under genetically modified plants decreased by 1% in the world to 181,5 million hectares a year-to-year....

OPEC Credibility Undermined and Oil Prices Tumble after Botched Doha deal

Leaving the credibility of the OPEC producer cartel in tatters and the world awash with unwanted fuel, oil prices tumbled on Monday after a meeting by major exporters in Qatar collapsed without an agreement to freeze output.   The market has been fearful that major government-controlled...

North Rhine-Westphalia authorities found suspicious bank accounts from 27 countries

The financial authorities of the German state of North Rhine-Westphalia reported that they have transmitted information on suspected Swiss bank accounts to the authorities of 27 European countries. These accounts worth a total of about $ 104 million. The information was obtained during an...

Are Brazilian banks strong enough to cope with crisis?

It looks quite sarcastic that the fastest runner in the world is promoting a bank in the fastest shrinking economy in the world. Nevertheless, the use of the well-known image of Jamaican sprinter Usain Bolt on Brazilian Banco Original’s billboards is still justified. Last year, the Bank had...

Signs of Debt-fueled Recovery Evident in Chinese Economy

A recovery in factory activity, investment and household spending in the world's second largest economy appears to be fueled by a surge of new debt even as China posted its slowest economic growth since 2009.   While this comes as good news for many in the near term, there are worries that...

Chinese economy starts to feel better

In March, China's exports showed the most significant growth over the last year, by 11.5%, to $ 160.8 billion. Imports continued to decline, but the fall has slowed down. It fell in March by 1.7%. According to experts, such a growth in exports is one of the evidence of stabilization of the Chinese...

Some RBS Staffs Will Lose Their Jobs

The increasing online banking has lead to the management of RBS to decide in slashing down its manpower. According to Trade union Unite, Royal Bank of Scotland will be closing down thirty two branches, whereby reducing as many as six hundred jobs in its “retail division”.   In London along...

Ten risks for the US economy

Torsten Slok, chief economist for the International Markets in Deutsche Bank, aired the 10 major risks. He is hearing them from customers that consider these factors as hindrances to the market’s potential sources. He admits that the overall picture is rather depressing, yet in general, many of...

Overcapacity in its Steel Sector to Remain, says China

Suggesting that there would be no let-up for the beleaguered steel industry's plant closures and job losses across the globe, industry executives said that significant overcapacity will remain in China's steel sector even after planned restructuring.   As the UK foreign minister and a...
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