Daily Management Review
Economics

A ‘Full-Blown Economic Crisis' Could Be Result Of A No Deal Brexit

According to a warning from the aerospace trade body ADS, if there is a no-deal Brexit, there is a risk of a "full-blown economic crisis".   It was now able to track "the very real economic damage being caused" because of the continuing uncertainty surrounding the UK's exit from the EU, the...

S&P Global Predicts The ‘Global Sovereign Debt’ To Touch ‘$50 Trillion’ This Year

The forecast on global debt warns that it will eat into 70% of refinancing for paying long-term debts that are maturing. The forecast on global debt warns that it will eat into 70% of refinancing for paying long-term debts that are maturing. Body As per the forecast of the S&P Global, the...

Trade Talk Progress Drives Trump To Delay Tariff Hike On Chinese Goods

Since the trade talks between the United States and China have been “productive” and if the talks progressed as they have done, a deal can be sealed off between the two countries, therefore US president Donald Trump has announced the extension of the delay for an increase in U.S. tariffs on...

US and China are about to conclude trade truce

The US and China seem ready to conclude an armistice in the trade war that has continued since the middle of last year. US President Donald Trump announced that he would delay introduction of new duties on goods from China scheduled for March 1 and hold a meeting with PRC Chairman Xi Jinping. Thus,...

London FX Market Shares of Sterling Suffer The Uncertain Brexit Woes

Even though there has been an increment in the trading volume lately, sterling shares remain 30-40% lower. With the Brexit discussions being dragged on, the “the world’s biggest forex trading centre”, sterling’s London “trading volumes” are suffering under the “long-term averages” while the...

EU Considering Timing Of Talks On Trade With Trump

Anticipating that the United States president Donald Trump could impose import tariffs on European vehicles, ministers of the block got together to discuss when the EU should initiate talks on trade with the US because they fear that the tariff would be imposed if there is delay in negotiating with...

US & China Drawing Out Framework On Broad Trade Issues: Reports

A much awaited trade agreement is said to be set to be reached between the United States and China according to reports.   According to multiple reports citing sources with knowledge of the matter, an outline of commitments in principle have been started to be etched by China and the US on...

Investment Banking’s 15% Profit Gain Leverages Barclays In Activist Debate

Banks make Brexit provisions, while Barclays manages to ride on the tide of profit gains at its investment banking sector. With the reports of increased “annual income” at Barclay’s investment bank, it replied the “activist shareholder critic”, while sounding a caution note of a “150 million pound”...

UK's Brexit Gloom Increased By Honda’s Plant Closure

The decision of the Japanese car manufacturing company Honda to close down its only manufacturing unit in the United Kingdom in 2021 has dealt a blow of Britain which is already under pressure with the uncertainty surrounding Brexit.   Honda also adds on the list of car makers that have...

China & UK Slowdown Headwinds For It, Warns HSBC, Reports Disappointing Profits

HSBC Holdings has warned of impact on business in the current year because of the slowdown of the Chinese economy and in the UK while presenting a disappointing annual profit for 2018 primarily because of higher costs and its trading business being hit by a stocks rout.   The bank wants to...
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