Daily Management Review
Economics

Statements of the American authorities pushed up demand for gold

Total assets of the funds investing in gold, updated the ten-week maximum, approaching the mark of 2.24 thousand tons. The growing interest in the precious metal is taking place against the background of the involvement of new countries in trade disputes with the United States, as well as the Fed’s...

Trump Tariff Threat Makes Mexico Less Attractive As Alternative To China For Manufacturing

The threats by the United States President Donald Trump of imposing tariffs on Mexico has curbed the enthusiasm for many companies that were looking at Mexico as an alternative following the trade war between the US and China.   The Mexican peso has been hit by the threat of tariffs and has...

Raytheon and United Technologies to create defense and aerospace giant

A new defense and aerospace giant will appear in the US: Raytheon and United Technologies have announced a merger. The list of products from both companies is simply immense: Raytheon manufactures Tomahawk cruise missiles, and UT makes Pratt & Whitney engines, which are equipped with the F 22...

China introduces American-like export control

Trade relations between China and the United States are deteriorating despite numerous meetings of the parties and attempts to reach agreement. Donald Trump prohibited American companies to working with Huawe and the Chinese authorities responded soo: earlier this month they announced that they...

Slashing Greenhouse Gas Emission Could Cost 40% Higher For Britain Than Previously Estimated

“BEIS’s own analysis find the costs to be 40% higher”, wrote Hammond. If the reports on the Financial Times are something to count on then the cost of “eliminating greenhouse gas emissions by 2050” in Britain, estimated by the “official climate advisers”, will see a forty percent hike, as cited by...

United States is looking for rare earth metals suppliers outside of China

Against the background of reports on the possible restriction of the export of rare earth metals from China, the US Department of Defense is negotiating with other manufacturers. The United States, against the background of a trade conflict with China, is looking for alternative suppliers of rare...

IMF: Probability of global recession in connection with new duties is low

Managing Director of the International Monetary Fund, Christine Lagarde, said on Wednesday that the IMF currently does not see the threat of a global recession due to the escalation of the trade conflict between the US and China and potential US taxes on Mexican imports. However, in an interview...

An Escalation Of Global Trade Wars Being Predicted By Goldman Sachs

It own expectations of an escalation of the trade was that the United States has waged with China and threatened to do so with Mexico has been revised by Goldman Sachs.   According to a note sent the Wall Street investment bank on Monday, the chances of the US president Donald Trump’s...

China Agrees To Accept Reasonable Rare-Earth Demand

Amid speculations of China dominating in rare-earth exporters’ market, the country showed signs of meeting other countries’ demand on conditions. China has consented to meet demands for “rare earths from other countries” provided they are “reasonable”. However, it will not accept if other countries...

UK activists publish offshore rating, find the "axis of tax evasion"

The British non-governmental organization Tax Justice Network (TJN), acting “for fair taxation”, presented the Corporate Tax Haven Index. The paper rates countries by possibilities of tax evasion in corporate law. The top lines are occupied by UK crown dependencies and overseas territories (CDOT)....
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