Daily Management Review
Economics

Hungary And Poland Veto To Coronavirus Stimulus Could Delay Recovery, Says EU Economics Chief

A recovery in the European Union could get delayed because of possibilities of a $2 trillion stimulus plan to combat the economic impact of the Covid-19 pandemic in the region may not be delivered as quickly as originally planned, said a worried economics chief of the EU.   In July, a...

USA notes growth in industry in October

US industrial production returned to growth in October with a 1.1 per cent increase (0.4 per cent decrease in September), as a result of which the index virtually compensated for the record-breaking drop in February and April (minus 16.5 per cent). At that, output in October was still 5.6% lower...

China becomes the only major economy to show growth in 2020

The recovery of the Chinese economy accelerated in October as fiscal support increased, as evidenced by the latest macroeconomic data from the National Statistics Office of China. China's GDP has already grown 4.9% year on year in the third quarter, outperforming growth in the second quarter of...

Japanese index jump to its peak of 1991 as economy climbs up after COVID-19

Quotations on the Tokyo Stock Exchange rose on Monday amid signs that the Japanese economy is recovering from the crisis caused by the COVID-19 pandemic, Kyodo agency reported. According to its data, in the first 15 minutes of trading the key Nikkei index, which reflects the dynamics of quotations...

UK, EU’s Trading Partners Demand Clarity Post-Brexit Clarity At WTO

The United Kingdom and the European Union have been asked by their major trading partners to clarify the terms and conditions of renegotiating tariff levels after Brexit as well as for compensating of their suppliers in the case of any loss of access to markets, said reports quoting a Geneva trade...

8 Of The Top 10 Countries Retaining Talented Workers Is In Europe

Even with the novel coronavirus pandemic looming over the ability of many countries to attract top talent, Switzerland has been identified as the best place in the world in terms of attracting and nurturing skilled workers.   According to IMD’s World Talent Ranking 2020, other continental...

Investors Happy With Biden’s Election As Next US President

With major networks declared Democrat Joe Biden as the winner in the presidential race of the United States and after gaining some certainty about who will be the next president, Investors and financial executives took a big sigh of relief on Saturday.   Even though the current President...

Moody's: Impact of pandemic shocks on global economy will extend beyond 2021

Moody`s assessed the prospects of the negative consequences of the coronavirus COVID-19 on the global economy. According to the international rating agency, the impact of the pandemic shocks will continue in 2021 and beyond. "The consequences of the pandemic and the measures taken by states to...

US Department of Justice confiscates $1B worth of bitcoins from the Silk Road website

The US Department of Justice withdrew more than $1 billion worth of Bitcoins from the Silk Road website, which was used for trafficking drug, arms and other illegal transactions and was closed in 2013. This was announced by David Anderson, California's Attorney for the Northern District. The...

'Very Serious' Gaps Remain In Brecxit Deal Talks, Says EU's Barnier

There were still "very serious divergences" between the European Union and the United Kingdom in trade talks related to Brexit, the EU's Brexit negotiator has said recently and has suggested that disruptions in commerce and trade with Britain was more acceptable to the bloc than diluting its key...
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