Daily Management Review
Economics

Lagarde: bribery causes damage of 2% of global GDP

Global bribery leads to damage, which is estimated at $ 1.5 trillion, or 2% of world GDP, said Head of the International Monetary Fund (IMF) Christine Lagarde during a speech at the Chamber of Commerce in Washington. "The annual losses of just bribery are estimated at more than $ 1.5 trln — about...

Not All Emerging Markets Are Worth The Risk, Realize Investors

Despite the obvious signals that the United States Federal Reserve has embarked on a path of hiking rates, there has been little sign of relief for some emerging markets.   While the peso of Argentina is at its historic low, the Lira of Turkey is down and is lying close to its lowest for the...

Situation in Algeria scares oil investors

Protests, which broke out 6 weeks ago in Algeria, have already involved millions of citizens of the country opposing current President Abdelaziz Bouteflika. A week ago, Exxon announced that it intends to suspend implementation of investment plans in the North African country. This oil-and-gas-rich...

Chinese market: New bonanza for luxury brands

According to a marketing research of the luxury market in China, compiled by Bain & Company, sales in this area increased by 20% in 2018 and exceeded the figures for 2017. The report’s authors called such growth rates “amazing”. It is worth noting that the reasons for growth can be different....

China Records First In 4 Months Growth In Factory Activity In March

Data from an official survey in China published on March 31 showed that there was an increase in factory activity in March for the Chinese economy for the first time in four months which was unexpected for analysis. This also indicated that the stimulus measures implemented by Chinese government...

German Economy’s Record High Employment Data Kindles Hope

Amid global economic uncertainties, Germany depends on domestic demand to sane its economic performance for this year. What to the data tell us? According to March data, in Germany the figure of unemployment reached a “new record low”, while the retail sales figure for the month of February climbed...

Optimism In UK Finance Industry Worst Since The 2008 Crash, Study Shows

The concerns and fears of the financial sector of the United Kingdom of the real possibility of a no-deal Brexit was reflected in a survey based study which showed that the optimism levels about the business outlook within the financial services firms in the country has touched a multi-year low and...

Unprecedented Proposals On Tech Made By China On Trade As Talks Progress: Reuters

A Reuters report published Thursday claimed that incredible proposals on trade have been made by China to the United States over a wide range of points including the sticky issue forced technology transfer in the effort between the two sides to come to an agreement on trade and end the ongoing...

Industrial Profits In China Note Highest Drop Since Late 2011

The first two months of the current year marked the worst slump in profits since late 2011 for the industrial companies of China according to data released on Wednesday. .this was because of drop in domestic demand, because of a slowdown of the Chinese economy, and a drop in demand in foreign...

IEA: global energy demand rose by 2.3% in 2018

Global energy demand rose 2.3% last year. This is the fastest pace this decade, the International Energy Agency said. Natural gas showed the greatest growth and provided 45% of the growth in energy consumption. Demand for all fuels rose last year. Solar and wind generation grew at double-digit...
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