Daily Management Review
Economics

Weak Factory Data Dents Hopes For Global Growth

Factory activity and manufacturing in the top five economic superpowers in the world in March had cooled down significantly impacting the prospect of global economic growth.   There was contraction at the fastest pace in the last six years in the factory activity in the 19-country euro zone...

A Formal Trade Deal With China Is Quite Likely: Trump

There was significant progress in the trade talks with China, said United States President Donald Trump and added that a final agreement on a deal "will probably happen". He also said that just because he has called for retaining the import tariffs on Chinese products into the US for some more...

Venezuela’s misfortunes can ignite energy crisis in Cuba

Last week, the leader of the Venezuelan opposition Juan Guaidó told reporters that he ordered to stop the supply of oil to Cuba. He explained his decision by a major accident in the country's energy system, which led to de-energizing of most of the country. The explanation seems quite logical....

Japanese Govt. Downgrades Its View On Its Economy As China Slows Down

The Japanese government has, for the second time in the last three years, downgraded its headline assessment of its economy on Wednesday because of factors such as a cooling down of exports into China because of a slowdown in the Chinese economy. The Japanese government however refused to say that...

China keeps restricting coal imports from Australia

Australia’s share in coal supply in China is noticeably decreasing against the background of tougher inspections of imported coal by the Chinese authorities. Coal shipments from Australia to China in January 2019 fell by 19% compared with the figures for the same period a year earlier. This was...

IEA: energy crisis in Venezuela can lead to serious oil market disruptions

The International Energy Agency (IEA) warned that a nationwide energy collapse of Venezuela, caused by the crisis, could lead to a "serious disruption" in the oil market. However, Saudi Arabia must have the capacity to offset production problems in Caracas. The IEA published its report at the very...

US Economy Hurt By $7.8 Billion In 2018 Due To Trump Trade War: Study

The results of a study that was conducted by a team of economists at leading American universities which was published earlier this week showed that the United States economy lost out on $7.8 billion in lost gross domestic product in 2018 because of the trade battles initiated by the US President...

Chinese Premier Pledges More Policy Measures To Boost Slowing Economy

China promised broad and wide ranging changes to its economic policy in order to arrest a sharper slowdown for the world's second-biggest economy. The Chinese Premier Li Keqiang said on Friday that reserve requirements and interest rates could be used by China to support economic growth.  ...

U.S. Manufacturing Growth Slows Down In February

The US economy reported a slowdown in manufacturing in February, 2019 because of a slowdown in growth of new orders and amidst rising concerns among managers of increasing commodity prices.  This was the second straight month of drop in U.S. manufacturing output fell   There was a...

Central Bank of Japan keeps monetary policy course, lowers exports and production assessment

The Bank of Japan, following results of the two-day meeting, left the monetary policy unchanged, proposing a more gloomy assessment of exports and production and warning of growing external risks for the economy. As expected, the interest rate on deposits of commercial banks in the Central Bank was...
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