Daily Management Review
Economics

Trade tariffs start affecting global trade

The total exports of the G20 countries grew by only 0.3% in the third quarter of 2018, and imports - by 0.7%, according to OECD data. In the second quarter, there was a decrease in the indicator by 0.7% and 0.3%, respectively, in the first quarter - an increase by 5.5% and 5.1%. With the exception...

US Markets Rise Over Fed Chair Comments Of Possible Slowing Of Rate Hike

There could be a possible roll back of the strategy of the United States Federal Reserve of continuing with the increase of interest rates in 2019 as indicated by the Fed Chairman Jerome Powell. The markets are expecting another rate hike in December this year.    The multiple hike in...

Italian 2019 Growth Prospect Significantly Slashed By Morgan Stanley

Investment bank Morgan Stanley believes that it would be an uphill task for the anti-establishment government of Italy to achieve the growth rate target for its economy that it has set for 2019.   A target of achieving a growth rate for its economy of about 1.5 per cent for the entire of...

Revision Of Third-Quarter Growth For US Economy Unchanged

Despite the slowing down of the US economy in the third quarter, analysts feel that the pace of economic growth would be enough for it to achieve the 3 per cent growth target for the year as envisioned by the Donald Trump administration. There are also indications that the growth momentum could...

Banks are worried about GE's $ 41 bln credit line

So far, the company has borrowed only $ 2 billion, Bloomberg writes. According to the latest quarterly report, GE has almost $ 41 billion in credit lines, which it can use. If the company fully uses the funds provided under the two main credit lines, the resulting amount will be the largest for any...

A Possible Market Decline Next Year, Says Bank Of America

The Bank of America Merrill Lynch is of the opinion that tightening of credit conditions and slowing down of earnings could result in stocks stall out next year.   "We believe the peak in equities is likely before the end of 2019," wrote Savita Subramanian, equity and quantitative strategist...

US and China raise trade barriers to new heights

The introduction by the US and China of protective duties on mutual deliveries led to a sharp increase in the volume of imports subject to new trade restrictions. In just the past six months, this figure has increased six times, to $ 481 billion, the World Trade Organization (WTO) calculated....

Investor Worries Over Khashoggi Murder Puts Saudi Arabia's New Economy At Threat

The economic dream of the Saudi Arabian Crown Prince Mohammed bin Salman for the kingdom of a diversified economy that is not dependent on oil and some of the largest of companies coming to the country to set up businesses is under threat because of the killing of journalist Jamal Khashoggi....

China Again Accused Of Unfair Trade Practices By The US

While the United States president Donald Trump and his Chinese counterpart Xi Jinping are set top seen meet on the sidelines of the G20 summit in Argentina and discuss trade tensions, the US continued to throw salvo at its former largest trading partner by claiming that Beijing has been unable to...

Evicting China From WTO Is A Possibility, Though Least Desired: US Adviser

It is possible that the United States would push for "evicting China" from the World Trade Organisation (WTO), according to media reports quoting one of President Trump's top economic advisers.   China had "misbehaved" as a member of the WTO, said Kevin Hassett chairman of the president's...
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