Daily Management Review
Economics

Venezuela to partly sell its gold reserve to UAE

Venezuela will sell 15 tons of gold from the country's central bank vaults to the United Arab Emirates (UAE) in the coming days for euro cash, a senior official According to the official, the sale of gold reserves this year began with the shipment of 3 tons of gold on 26 January. A plane with 3...

India Could Be The Getaway For Huawei To The Trouble In The West

The pricing appeal of the products of Huawei can hold sway over security concerns in developing countries – which can be sources of solace for the Chinese telecom equipment manufacturer as it faces flack in the West over allegations of technology theft and espionage.   India – the second...

UK PM Theresa May Wins Crucial Confidence Vote To Continue In Office

A crucial vote of confidence in the UK parliament was won by British Prime Minister Theresa May on Wednesday. In the ballot of Conservative members of parliament (MPs), May won the leadership challenge by 200 votes to 117 votes against her. To win the confidence vote a simple majority - at...

Research: IQ level affects economic literacy

People with relatively high intelligence, as measured by the IQ test, more accurately predict level of inflation, and their households better adapt to economic changes through a change in the balance of savings. This seemingly trivial conclusion of a group of economists, published in January by the...

Moody's: Global economy slowdown will weaken the global credit market

A slowdown in the global economy, higher financing costs, deteriorating liquidity and market volatility will weaken the global credit market, analysts at Moody's Investors Service say. In addition, trade, political and geopolitical risks will increase amid increasing tensions between the US and...

IoT technology encounters problems with industrial enterprises

Bain & Company published a report on the introduction of the Internet of things in the industry. It is noted that several years after the advent of such technologies and bright forecasts, the industry faced problems of a psychological and technological nature, which slowed down their...

Wider Impact Of Chinese Slowdown May By Reflected By Apple, Nvidia And Caterpillar

According to analysts, a reflection of a broader global business slowdown because of a slowdown in the Chinese economy can be had from the disappointing results from construction machinery giant Caterpillar and a negative forecast for revenues by chipmaker Nvidia.   "Caterpillar and Nvidia...

US Imposes Strict Economic Sanctions On Venezuela's State-Owned Oil Firm

The state owned oil firm of Venezuela has been imposed with sweeping sanctions by the United States apparently to force the Venezuelan President Nicolas Maduro to accept opposition leader as a the president of the country and step down from his position.   US National Security Adviser John...

US-China trade dispute is lowering oil quotes

On Monday, the cost of the nearest futures contracts for the supply of European Brent crude fell below $ 60 a barrel for the first time in two weeks. The bear game is played against the background of the inability of the United States and China to come to an agreement, as well as restoration of...

Survey Finds No Major Effect On Business Capex Plans In US Despite $1.5 Trillion U.S. Tax Cut

According to survey by the National Association of Business Economics’ (NABE) for the United States for its quarterly business conditions gas revealed that there has apparently been no significant impact on the capital investments or the  hiring plans of companies in the US despite the $1.5...
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