Daily Management Review
Economics

US Imposes Strict Economic Sanctions On Venezuela's State-Owned Oil Firm

The state owned oil firm of Venezuela has been imposed with sweeping sanctions by the United States apparently to force the Venezuelan President Nicolas Maduro to accept opposition leader as a the president of the country and step down from his position.   US National Security Adviser John...

US-China trade dispute is lowering oil quotes

On Monday, the cost of the nearest futures contracts for the supply of European Brent crude fell below $ 60 a barrel for the first time in two weeks. The bear game is played against the background of the inability of the United States and China to come to an agreement, as well as restoration of...

Survey Finds No Major Effect On Business Capex Plans In US Despite $1.5 Trillion U.S. Tax Cut

According to survey by the National Association of Business Economics’ (NABE) for the United States for its quarterly business conditions gas revealed that there has apparently been no significant impact on the capital investments or the  hiring plans of companies in the US despite the $1.5...

Süddeutsche Zeitung: Large European companies pay less taxes than they should

The first place in terms of the inconsistency between the due and actually paid taxes is taken by Luxembourg. The situation in the EU is the best is in Bulgaria, according to the research materials. Large corporations in the European Union almost never pay the taxes due to them in full. There is a...

Chinese Premier Confident Of Keeping 2019 Growth Within Appropriate Range

China has the ability to and the confidence to keep growing at an appropriate range in 2019 notwithstanding the headwinds, said the Chinese Premier Li Keqiang on Friday while taking part in a discussion with some foreign experts working in China just ahead of the Chinese Lunar New Year starting...

Fears Of Chinese Influence Sparked In Philippines After A Bankruptcy Of A Private Shipping Yard

A debate over national security has been sparked in the Philippines about whether China could get control over a port near the disputed South China Sea after an incident of a major corporate bankruptcy.   Ways to take over control for a shipyard on a former U.S. naval base – which is known...

Signs Of Economic Slowdown Signals Revealed In Slump Of Global Shipping Rates

In what can be considered to be the latest signals of a slowdown of the global economy, over the last six months, there has been a plunge in the freight rates for dry-bulk and container ships which are the vehicles that carry most of the raw materials and finished goods of the world.   Since...

Everyone Would Be Dragged With The Drop Of Chinese Economy, Warns The IMF

In modern global economy, the entire global economy slows down if China is unable to keep pace despite the level of stimulus injected into the US economy – which also stutters because of China slow down. .   This is the view of the International Monetary Fund which has presented an interim...

What to expect from global economy in 2019?

Investment Bank Julius Baer does not believe in the onset of a recession this year, but recommends investors to closely monitor the situation in China and the problems of the European Union. The current situation in the world indicates an increase in the risk of a slowdown in the global economy,...

PwC Predicts India Could Overtake UK As 5th Largest Economy In 2019

A report by global consultancy firm PwC claims that by 2019, the Indian economy is most likely to become larger than that of United Kingdom and go up past it in the list of the world's largest economies. The climb of the Indian economy is likely to be of a permanent nature unlike those of UK and...
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