Daily Management Review
Economics

OECD assesses benefits of 5G

The new generation of wireless networks - 5G - will contribute to economic growth by increasing productivity and stimulating innovation, as well as will prompt development of new forms of competition in the telecommunications market, the Organization for Economic Cooperation and Development (OECD)...

India E-Commerce Rules Regressive, Wallamrt Had Warned US Government In January: Reuters

Days before the United States and India is set to start discussions on trade in New Delhi, the US government has been privately informed by Walmart – the largest retailer of the world, that the new investment rules for e-commerce in India were regressive and could impact the trade ties between the...

South Korea Says Export Curb By Japan Could Be An Extended One

There are chances of prolongation of the export curb imposed by Japan on key materials used by South Korean technology firms, said South Korea's president on Wednesday. President Moon Jae-in said that his government would try and reduce their reliance on Japanese suppliers and would be making sharp...

Reuters Poll Suggest Drop In China June Exports

According to the outcome of a Reuters’ poll, the second largest economy of the world – China, has been impacted by weakening global demand and a sharp hike in U.S. tariffs and its exports for June likely had dropped.    If the poll results turn out to be true, it would be the second...

India is waiting for heavy rains to revive weak economy

India needs heavy rainfall during the monsoon season. Rain could stimulate agricultural production and prompt growth of the third largest economy in Asia, but so far the precipitations have not been enough, according to CNBC. In June, the first month of the monsoon season, the total rainfall in...

Diplomatic Solution For Trade Spat With Japan Stressed By South Korean President

Stress on finding a diplomatic solution to the most recent trade spat with Japan was given by South Korea's president on Monday. The countries are facing a trade spat after Japan decided to curb exports of three crucial high-tech materials to South Korea which are used in manufacturing of...

US-China Trade Talks To Resume, But Very Little Change Since Talks Were Last Halted

Following an agreement between United States president Donald Trump and his Chinese counterpart Xi Jinping, trade representatives of both the countries would restart stalled negotiations to try and iron out a deal to bring an end to a trade war between the two largest economies of the world that...

Austria to issue 100-year bonds once again

Austria has hired banks to issue five-year bonds for €3 billion and can also issue 100-year bonds, writes Financial Times referring to a banker familiar with the situation. According to him, size of the hundred-year emission can reach €1 billion. The event will take place if investors are...

German industry switches to part-time schedule

Since the end of 2017, increasingly more workers in Germany are switching to part-time work. Weak economic growth is reflected in the labor market, according to researchers from the ifo institute. German industry expects an increase in the number of workers transferred to part-time work. This...

Eurozone economy slowdown is no longer temporary

The slowdown in economic growth in the euro zone should no longer be seen as a “temporary downturn,” and the European Central Bank should prepare for a worsening of the situation, said Olli Rehn, member of the ECB Board of Governors and Head of the Bank of Finland. "We have a number of tools that...
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