Daily Management Review
Economics

Phase One Trade Deal Signed Between The US And China

A partial truce in the gruesome trade war between the United State and China – the two largest economies of the world, was achieved by the singing of the so called phase one of a trade agreement between the two countries.    The deal was signed by US President Donald Trump and Chinese...

United States Remove Currency Manipulator Tag On China

Even as the two countries signed off a partial trade agreement, the United States removed China from its list of countries that allegedly manipulate their currencies. This was done by the US Treasury Department earlier this, days before the signing of the so called phase one trade deal between the...

China estimates 2019 GDP growth at more than 6%

Vice Premier of the State Council of the PRC Liu He said that China's GDP growth in 2019 is estimated at more than 6%, according to the Chinese state news agency Xinhua. According to Liu, the main economic indicators, including employment, prices and international settlements, are in reasonable...

Lockheed Martin receives $30Mln contract from US Department of Defense

The Pentagon will allocate funds for the next phase of the OpFires weapons integration program. The defense concern Lockheed Martin has received a $ 31.9 million contract from the Pentagon. The OpFires weapons integration program allocates funds for the management of promising research projects of...

Experts: Debts are growing faster than economy

According to the results of the third quarter of 2019, the total debt burden of households, governments, financial and non-financial corporations in the world grew to a record high of 322% of global GDP, experts at the Washington Institute of International Finance (IIF) calculated. In absolute...

Chinese Targets For Community Purchase From US Under Phase 1 Deal Unrealistic: Analysts

China has made a huge commitment of purchasing from the United States under the phase one of the trade agreement which has sent commodity traders and analysts wondering hot Beijing will be able to achieve the targets.   Over a period of two years, China will be purchasing more agricultural...

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...
1 ... « 180 181 182 183 184 185 186 » ... 391