Daily Management Review
Economics

Signals Of Stronger Global Recovery Along With Significant Threats Seen By IMF

While pointing out to a number of emerging signs of a stronger global economic recovery, the second most important official of the International Monetary Fund on Saturday also warned of risks that still pose a threat to global recovery which includes the emergence of multiple variations of the...

IMF: Global economy is growing faster

The International Monetary Fund (IMF) said that the global economy is recovering faster than previously forecast. This was stated by First Deputy Head of the IMF Geoffrey Okamoto. He stressed that this recovery is uneven. There are alarming signs that the gap between developed and developing...

2021 Global Economic Growth Forecast Raised By UN Body To 4.7%

The United Nations Conference on Trade and Development (UNCTAD) now expects the global economy to grow faster in the current year of 2021 at 4.7 per cent compared to its previous forecast of a 4.3 per cent annual growth. Announcing this upgrade, the UN body has said that its upgrade was prompted by...

SPAC IPOs volume in the US surpasses all 2020 results in two and a half months

Since the start of this year, SPAC IPOs in the US have totalled $85.9bn - more than the full year 2020 in less than three months. This is data from SPAC Research, a resource that tracks such deals. Such results are all the more telling because last year was also a record year in terms of the amount...

Survey: Investors no longer see the pandemic as a major threat to markets

For the first time since the pandemic, investors no longer see the coronavirus as a major threat to markets. Investment fund managers surveyed by Bank of America rather fear rising inflation and "hysteria" over tightening regulatory policies. U.S. investors have ceased to consider the pandemic...

New Report Says $131 Trillion Investment In Clean Energy Needed By 2050 To Achieve Climate Goals

A new study that was published on Tuesday has claimed that there needs to be an increase of 30 per cent in planned investment in clean energy by 2050m totalling to an investment of $131 trillion globally to prevent a catastrophic climate change. The report also noted the acute need to significantly...

China's macro indicators for the first two months jump by a third

China's statistical office recorded a record improvement in January-February in a number of indicators, such as industrial production, retail sales and capital expenditure rose by more than 30% year-on-year. This strong growth is primarily due to the low base effect - last year's peak months of the...

China’s Economic Recovery In 2021 Being Driven By China's Factory Output And Consumers

The Chinese economy continued to consolidate its fast recovery from the Covid-19 pandemic with the country’s factory and retail sector activity growing in the forts two months of the current year which beat expectations of analysts.   However according to analysts, the very low base from the...

India Drafts New e-Commerce Policy Demanding Equal Treatment Of Sellers By Platforms

A new draft policy e-commerce firms prepared by the Indian government will mandate that such companies follow a policy equal treatment of sellers on their platforms while also ensuring transparency. This draft policy paper was prepared after there were criticisms of the business practices by the...

ECB To Tackle Rise In Yields By Faster Money-Printing

With the aim of restraining euro zone borrowing costs, the European Central Bank could be printing money faster, the central bank signalled on Thursday. The ECB however did not say anything about adding more money to the already robust and aggressive package to tackle the Covid-19 pandemic hit....
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