Daily Management Review
Economics

Brexit Talks Hit A 'Deadlock'; Sterling Slides

After Brexit negotiators declared talks between the U.K. and the European Union had reached a deadlock there was a sharp drop in the value of the sterling.   For the session at 1:00 p.m. London time, the British currency was down 0.6 percent against the dollar.   In order to leave the...

QE exit won’t stop European stocks from rising

Mario Draghi’s words about curtailing the quantitative easing program will not stop the impetus for the growth of European stocks. According to Bloomberg, investors and strategists hold such an opinion two weeks before the ECB's October meeting, at which the regulator can outline the future of its...

Three shares to buy before they go up

Investors tend to avoid papers traded near the highs. Their fears are justifies: if a stock has grown significantly in recent times, what is the probability that the growth will continue? What if all the potential is spent and further decline is just around the corner? However, sometimes new highs...

A Good Measure Of Trade Deals’ Success Is Not How Trump Prefers To Judge Them

The yardstick for measuring the success of trade deals as identified by the Trump administration has been the trade deficits. But analysts say that it is a miscalculation....

Britain prepaing for a cliff’s edge Brexit, to decide on contingencies on a timely basis

Brexit-related contingency plans will become operational only when there is evidence to support their launch: Philip Hammon, Chancellor of the Exchequer. In what could be the clearest sign of Britain’s Brexit strategy, Philip Hammond, the British politician who is the chancellor of the exchequer...

Early 2018 will be testing time for British banking & financial industry

Financial institutions and banks likely to decide Brexit-related relocation strategy in early 2018. On Wednesday, a senior official from Britain’s finance ministry said many international financial services, including banks, who are currently based out of Britain are likely to decide whether they...

Bad debts of Indian banks reached a record

The bad debts of Indian banks in late June reached a record 9.5 trillion rupees ($ 145.56 billion). This is reported by Reuters with reference to unpublished data, which indicate that Asia's third largest economy is far from solving the problem of overdue loans. As noted by Reuters, an overview of...

CNN: There's no progress in NAFTA negotiations

The fourth round of talks on the revision of the North American Free Trade Agreement (NAFTA) begins on Wednesday, and time is running out for Trump's negotiators to conclude a new deal, CNNMoney writes. Before that, there was little information about any progress in the negotiations between the US,...

ECB’s new bad loan policy ruffles Italian feathers

30% of the European Union’s 915 billion bad loans are located in Italy, no wonder the proposal has tread on a nerve. On Tuesday as per a letter published by the Italian Press states that the head of the European Parliament has told Mario Draghi, the President of the European Central Bank (ECB) that...

Excessive working hours become a deadly threat in Japan

Japanese advertising giant Dentsu will have to pay a penalty for excessive hours its employees spent at work. Overtime has long been a serious problem in Japan, and the government has repeatedly criticized this practice. In many cases, including in the case of Dentsu, excessive hours cause death of...
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