Daily Management Review
Economics

BoE’s Rate Hike On The Cards Worries Economists After The Recent Data On British Economic Performance Of 2017

Even though, the British economy outperforms the initial blows of Brexit, the performance still keeps the country “lagging” behind in “global recovery”. According to “official data”, the British economy turned “weaker” than previous expectations in the year of 2017, whereby the country remains...

Germany Continues To Register High Trade Surplus With U.S., Shows Official Data

Official figures from the Federal Statistical Office of Germany has shown that in 2017, the trade surplus that Germany has with the United States had once again widened.   Germany noted a trade surplus of 50.5 billion Euros in its 2017 trade with the U.S. as the European Union Member...

McKinsey: Productivity will grow in the US and Europe

The era of inert productivity growth may be coming to an end in the US and Europe. This conclusion is contained in the report of the research division of the consulting company McKinsey & Co., writes Bloomberg. According to experts, productivity can grow by more than 2% per year over the next...

US, Australia, India, Japan are looking for an alternative to the Chinese One Belt One Road

Australia, the United States, India and Japan are discussing creation of an international infrastructure project that can become an alternative to the Chinese One Belt One Road Initiative. The Australian Financial Review newspaper referring to a senior official in the US administration reported...

Investors are optimistic about Germany's prospects

The state of the German economy is expected to improve in the next six months, Reuters reports citing a poll that showed a generally upbeat outlook, despite a slight deterioration in investor sentiment in February. The index of economic sentiment in February fell from 20.4 to 17.8 points, the ZEW...

Economists Express Doubt About Success Of Venezuela’s Launch Of Oil Backed Cryptocurrency

The Venezuelan government is hopeful that it would be able to bypass the worsening economic crisis in the country by the launch of the its new oil-backed digital currency.   Many are of the opinion that the government there is attempting to get cash while the economy of the country is facing...

Trump Warned By China On Issue Of Possible Import Tariff By U.S. On Steel And Aluminum

Action would be taken by China if high tariffs are imposed on import of steel and aluminum into the U.S. by President Trump, warned the second largest economy in the world.   Late last week, a recommendation for imposition of measures on the import of those metals to safeguard national...

Low Wages, Online Retail And Change In Consumer Spending Habit Spelling Doom For U.K. Retailers

When the latest data about the retail industry in the U.K. was released by the Office for National Statistics, City economist Jeremy Cook City economist Jeremy Cook commented: “Who’d be a retailer now?”   “The average Brit,” he added, “has spent the past few years living by the mantra ‘When...

Reuters: Sentiment of Japanese manufacturers worsened

The moods of Japanese industrial producers has deteriorated significantly in February compared to January, the Reuters Tankan survey showed, indicating that the strong yen and global turmoil in the markets have undermined the mood of the business. According to the monthly survey, which the...

UBS Survey Finds Recent Market Crash Was Taken Advantage Of By Few Wealthy Investors

An analysis of the markets by UBS Group AG shows that during the recent correctional phase in the market, there were only about 10 to 15 per cent of investors who had taken advantage of the low-priced stocks for enhancing their equity allocations or used cash to buy such shares.   “We...
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