Daily Management Review
Economics

Expecting ‘Couple More’ Rate Hikes Down The Line Is Reasonable, Says McCafferty of BoE

Depending on the performance of the economy, BoE could raise rates in the coming two years. Ian McCafferty is the one who sets the interest rates for the Bank of England, in short BoE, whereby on Tuesday, August 7, 2018, McCafferty informed that financial markets were reasonably thinking about the...

China Report Export Growth For July – The Month When USW Tariffs Were Set In

Despite the imposition of tariffs by the US, China’s exports for the month of July unexpectedly surged and the trade surplus figures of the country with that of the US fell just slightly amidst an escalating trade spat between the two largest economies of the world.   The US administration...

Deloitte: China outstrips the US by number of 5G facilities

Deloitte auditing and consulting company issued a report on development of mobile networks of the fifth generation (5G). The paper reveals a noticeable gap between the United States from China in investing and installing stations for these networks. Since 2015, China has installed 350 thousand base...

EU Takes Initiative To Shield EU Firms From Trump’s Iran Sanctions

The US administration has indicated that it would apply maximum pressure on Iran through strict sanctions and to counter the possible impact on European businesses from those potential sanctions, the4 European Union has started an initiative.   Even as the sanctions are to be implements, the...

Bank of England raises base interest rate to maximum in anticipation of Brexit

The Bank of England raised the base interest rate to the maximum level since 2009 against the backdrop of another impasse in the negotiations on Brexit. Although the regulator hints at the need for further tightening of monetary policy to return inflation to the target, analytics do not expect more...

No ‘Concrete Plan’ Formulated Yet For U.S. Infrastructure Fund: Japanese Finance Minister

Japan and the U.S. are to enter into “economic cooperation” by conducting talks on “bilateral trade”. The Japanese Finance Minister, Taro Aso informed on Friday, 03 August 2018, that even though Japan has been carrying out discussions regarding ways in which it could promote development of...

Western countries switch on protectionist policies in relation to China

Companies from China are facing new challenges when buying assets in the US and Europe. The government of the Federal Republic of Germany amended the law on foreign investment aimed at protecting all strategically important sectors of the economy. After four decades of almost undisturbed...

CNBC: US lending market is going through hard times

Problems in the US lending market can also harm markets and the world economy, says CNBC experts. Companies and states need credit markets to pay off debts and get new funding. The sovereign debt crisis was a good reason for central banks to decide to invade the credit market, buying up debt, which...

OECD: Global productivity needs technological support

The rapid development of information and communication technologies (ICT) in the last 15 years has coincided with a general slowdown in the growth of aggregate productivity, the OECD said in its report. One of the reasons for this paradox may be barriers to the spread of technology, because of...

Memory Using Websites To Be Limited By New Features On Chrome And Firefox

The amount of memory and other resources that is used by the browsers of Mozilla's Firefox and Google's Chrome could get reduced soon as the companies are working towards it.   One might have noticed that an increasingly onerous burden is imposed by browsers on a phone or a laptop. As...
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