Daily Management Review
Economics

Haldane Worries On The Impact Of Inflation On The Poor, While Urging BoE To Take ‘Serious Look’ Into The Matter

Inflation check comes from a careful consideration of interest rate hike. The chief economist at BoE, Andy Haldane, stated that the central bank needs to consider the issue of interest rate hike to keep a check on “inflation”. However, he seemed happy with “current level” of interest rates.  ...

Head Of Denfence And Aerospace At Accenture Sees Blockchain Reshaping Aviation Industry

Blockchain could replace experience in the aviation engineering sector. The aerospace industry experts turn to Blockchain technology to reduce the maintenance cost of planes. Blockchain has the ability to gather information from multiple parties as a “single ledger”, which then are made accessible...

If Tokyo Election Stings, Abe Will 'Pull Stimulus From A Hat', Markets Bet

The stock market is betting that a poor showing by Japanese Prime Minister Shinzo Abe's party would be good for shares even though the premier has seen his popularity slump ahead of a local election in Tokyo following scandals and gaffes by officials close to him.   Abe would be spurned to...

Recovery of Japan's economy is postponed

Industrial production in Japan declined more rapidly in May than it was in the aftermath of the devastating earthquake in March 2011, while stocks reached their highest level in almost a year, suggesting that the nascent economic recovery may die before it recovers. Household expenses also fell in...

IIF: Global debt reached $ 217 trillion

According to the Institute of International Finance (IIF), the growth of the world debt for the past year has slowed down: in the first quarter it grew by only $ 600 billion, at the same time making a record $ 217 trillion, which corresponds to 327% of world GDP. The growth of debt compared to last...

Canada Lobbies U.S. Before NAFTA Talks, Canada Carries Out Strong Lobbying In The U.S.

With one encounter at a time, Canada's trade minister is trying to save NAFTA, in the baking Ohio heat.   As a part of a concerted Canadian outreach campaign ahead of talks to renegotiate the North American Free Trade Agreement, Francois-Philippe Champagne is in Cincinnati for a...

UK will have to increase gas imports after Brexit

The UK is shutting down the largest underground gas storage facility, which could result in a fuel shortage this winter. Most likely, all European storage facilities will no longer be available after Brexit. Now the main gas supplier to the country is Qatar, which is in a political crisis. The gas...

FSB Report Sees No Imminent Threat On “Financial Stability” Due To Fintech Sector

G20 economic coordinators classifies Fintech activities for the possible introduction of new Fintech rules in the future. A review carried out by “global regulators” claims that the fintech growth does not translate into “any compelling risks” on the “financial stability”. However, this scenario...

To Counter U.S. Protectionism, Japan, EU Press Ahead On Free Trade Pact

Making the United States think twice over pursuing inward-looking policies and standing against a protectionist tide threatening the global economy, a free trade deal is being aimed to be reached between the Japanese and European Union through a negotiators’ meeting in Tokyo.   With almost...

Will Ethereum Encounter The Same Fate As Bitcoin?

Rumours and “flash crash” weighs down customers’ confidence on etheruem. On Monday, Ethereum, the rival of Bitcoin, took a plunge while “a major exchange” put its effort to “shore up confidence” in vain. As a result, an announcement was made whereby the customers who lost their money in “flash...
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