Daily Management Review
Economics

EP to Hold Russia Back

June 10, Wednesday, at the plenary session in Strasbourg, MEPs approved a resolution based on the report of the Lithuanian deputy Gabrielius Landsbergis. 494 deputies supported the draft resolution of Landsbergis, 135 voted against, another 69 abstained. Resolution of the European Parliament are...

PVR to buy DT Cinemas for Rs 500 crore

Consolidation has become the norm in the booming movie screen business in India India-based multiplex movie screen chain PVR Ltd has acquired real estate major DLF’s DT Cinemas for Rs 500 crore.   The new investment in the booming movie screen business signals a wave of consolidation unseen...

Credit Suisse: What to Expect from World Economies?

At the end of 2014, the US was the only bright spot among the world's largest economies. China's economic growth had slowed, Europe was on the brink of deflation, and Japan was coping with recession. However, the performance of the US economy became worse in 2015. Economic indicators show that the...

Drop in Home Prices Cheered by Italian Brokers as a Sign of Market Recovery

Italian real estate brokers have welcomed the price drop occurring in the property market. With easing of lending and mortgaging rates, consumers have been encouraged towards purchasing real estate. Financial institutions have predicted gradual recovery of the Italian property sector. Home property...

Moody's: the Way out of the EU Will Hit Britain

The experts of Moody's rating agency identified the main risks that could result in a downgrade of the UK credit rating in the future. According to published estimates of Moody's Investors Service analysts, in 2015-2016, UK economy will show a stable trend (with GDP growth rates of 2.7% and 2.4%,...

IMF warns Fed Reserve to not go for rate increase

In a setback to investors and market enthusiasts, the IMF has downgraded the GDP estimate for US this year and advised the Federal Reserve to not increase the rates until the first half of 2016. The International Monetary Fund has given a red herring to the US economy. The international watchdog...

Chinese Nonconformism

25 years ago, the Chinese authorities brutally suppressed the protests by broke up a demonstration in Tiananmen Square in Beijing. Today, non-conformism took new forms - in particular in art. Mostly, West associates intelligent, creative protest against the ideological pressure the Chinese...

Greece submits proposal to IMF

The debt-ridden country has to now take actions on the austerity measures and economic reforms outlioned by IMF. The prime minister of Greece has submitted a bail-out proposal for the debt-ridden country and called it as a realistic proposal.   Greece Prime Minister Alexis Tsipras has...

Russia's oil production rise amps up OPEC woes

OPEC continues to be in chaos with Russia increasing its oil production to record Post-Soviet level. Russia has increased its oil production to around 10.71 million barrels a day for the month of August in a bid to oust OPEC and its decision to not cut oil production in the Middle East.  ...

Reliance to sell stake in US JV for $1.07 billion

Indian energy giant Reliance Industries has sold its 49.9 percent stake in a US joint venture to Enterprise Products Partners for $1.07 billion.   The JV called Eagle Ford (EFS) Midstream, co-owned by Pioneer Natural Resources Co, owns a 460 miles pipeline network to exclusively transport...
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