Daily Management Review
Economics

Economic losses from pandemic in Arab countries hit $150B

The economic losses in the Arab States due to the pandemic have exceeded $150 billion, said Ahmed Aboul Gheit, Secretary-General of the League of Arab States (LAS). "GDP in the Arab region is expected to decline by 6%, economic losses are estimated at $150 billion, approximately 17 million people...

US Designates 89 Chinese Firms With Military Ties In New Drafted Sanction List

89 Chinese aerospace and other companies are set to declare to have close ties with eth Chinese military, according to the Trump administration and will be restricting them from acquiring and purchasing a range of goods and technology developed by American companies or individuals, claimed a report...

Taiwan Confident Of Advancement In Trade Deal Under The New Us Administration Of Joe Biden

A bilateral trade agreement between the United States and Taiwan that is being long sort after the later will be supported by the incoming government of US President-elect Joe Biden, which would be a follow up of the high level economic talks with the current Trump administration, said a confident...

G20 Pledges To Work For Affordable And Equitable Distribution Of Covid-19 Vaccine

The worries that the novel coronavirus pandemic could further widen the gap between the rich and poor w3as reflected in the joint declaration of the leaders of the 20 biggest economies of the world in which they said that no effort would be spared for supplying Covid-19 vaccines to “all people” in...

Bank of America: Generation Z will change investment models

Eating meat will become less frequent, and being ashamed to fly planes will become more frequent. Generation Z is changing the world, and investors need to be prepared. When they reach adulthood, this new group - the Zillenials - can squeeze out the famous millennials, support emerging markets and...

Tax Justice Network calculates losses due to tax evasion and their impact on COVID-19 fight

The non-governmental organisation Tax Justice Network (TJN) has issued a report on the losses of the world's governments from tax evasion, the withdrawal of funds and assets to tax havens by companies and individuals. TJN estimates that the unpaid $427 billion is equivalent to the annual income of...

Post-Brexit rollover trade deal struck between Britain and Canada

A rollover trade deal has been agreed to between the United Kingdom and Canada on Saturday which will be instrumental to protect the mutual trade worth $27 billion (£20.32 billion) from additional tariffs after Brexit. The two countries also agreed to begin negotiations on a bespoke agreement next...

WTO Believes G20 Should Back Reforms And Help In Trade Financing For Developing Economies

The World Trade Organization suggested that trillions of dollars in trade financing for developing countries should be provided by the group of 20 major economies so that the developing countries as well as the global economy can be helped to emerge from the economic hit of the novel coronavirus...

Optimism About Biden Administration High Among Most US Firms In China: Survey

The results of the United States presidential election has made more than 60 per cent of the American businesses in China more optimistic about doing business in China, showed a business group survey that was released on Friday.   But on the question of continuation of the trade tensions...

With UK And China Showing Interest To Join, Japan Seeks To To Expand CPTPP Trade Deal

A major regional free trade pact called the CPTPP is aimed to be expanded by Japan, according to the comments made by the Japanese Prime Minister Yoshihide Suga on Friday. According to analysts, this is potentially because of the interest shown by China and the United Kingdom to join the trade...
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