Daily Management Review
Economics

China Asks Permission Form WTO To Impose $2.4 Billion In Tariffs Against US

China has appealed to the World Trade Organization (WTO) to seek an approval to impose tariffs on $2.4 billion on United States imports into the country in retaliation for Washington not complying to an order from the WTO that was passed by it during the presidency of Barak Obama, showed a document...

Brexit Deal Decision Voted To Be Delayed By UK Parliament

The deal for the exit of the United Kingdom form the European Union as agreed between the Prime Minister Boris Johnson and the EU leaders in Brussels last week was voted to be delayed by British MPs. The majority of law makers argued that they needed more time to conduct a thorough study of the...

Economies Around The World Feeling The Pinch Of Trump’s Trade War

It is not only China that is feeling the pinch of its trade war with the United States but and the collateral damage is being felt in many other parts of the world.   At the International Monetary Fund and World Bank fall meetings in Washington this week, grim tales of suffering economies...

"Cash is undeniably the most reliable means of payment in all circumstances." Interview with Thomas Savare, Managing Director of Oberthur Fiduciaire

According to a September 2018 study, cybercrime will have generated 1.5 trillion dollars in 2018 and all figures are on the rise. In this context, what is the role of banknotes security technologies? Digital technology is advancing and with it the means to protect dematerialized transactions. But...

Record Low For China’s GDP Growth For Second Quarter Due To Trade War With US

The growth of gross domestic product (GDP) of China for the second quarter of 2019 touched record lows at 6.2 per cent primarily because of the impact of the trade war with the United States.    According to data published by the National Bureau of Statistics (NBS) of China, the economy...

Libra Will Have 100 Members Before Its Launch: Facebook Executive

Facebook expects that about 100 banks and financial firms will join its digital currency project Libra as soon as the social media platform is able to adhere to all of the regulatory concerns even though a number of high-profile partners including PayPal, Visa and Mastercard have exited the Libra...

US Not To Compromise On Trade Interests Despite 'Special Relationship' With UK

The former United States trade chief, Michael Froman, has said that despite the "special relationship" that the United Kingdom has with the US, London should not expect that any favorable terms in trade will be given by Washington.   He said that no compromise on its own economic interest...

Copper prices keep falling after news from Chile

Copper is getting cheaper due to news from Chile: Antofagasta, one of the largest in the world, managed to prevent a strike of workers at the copper deposits demanding better wage conditions. The quotes are also pressured by the weakening economic growth of the global economy. Earlier, the IMF...

Bloomberg economists assessed likelihood of US recession in 2020

Bloomberg experts published a report assessing the likelihood of a recession in the US economy in 2020. Although some indicators aroused concern among analysts, in general, the situation, in their opinion, does not look threatening. The trade war with China, the reduction in hiring and investment,...

WTO Formally Allows US To Tariff EU Good Over The Airbus Subsidy Case

A formal authorization as given on Monday to the United States by the World Trade Organization (WTO) allowing Washington to impose import tariffs on products imported into the US from the European Union worth up to $7.5 billion. This was granted as a consequence of a ruling by an arbitrator panel...
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