Daily Management Review
Economics

Iran Economy Slows Down as Consumers Wait for Foreign Brands to Arrive

Consumers in Iran are reportedly holding off on purchases of domestic goods and waiting for foreign brands and products to arrive as the country reached a nuclear deal that will open its markets to the world.   However officials fear that an economic stagnation like situation might occur due...

The French Regulator Rejected Google's Claim Against 'Right to be Forgotten'

The French Commission for the Information Technology and Human Rights (Commission nationale de l'informatique et des libertes, CNIL), the main body of the country in the field of protection of personal data of citizens, rejected on Monday a lawsuit of Google, aimed at the abolition of the "right to...

A Helping Hand to the Invisible Hand of the Market

The term "invisible hand" descended from Adam Smith. It means the market mechanism of the economy self-regulation. According to the great Scotsman’s theory, individuals in a free market economy are guided by their own interests, as though directed by an invisible hand, and their actions...

UK Home Prices Touch Record High while US Home Sale Drops

The average asking price of UK homes was up by 0.9% to reach £294,834 in the month of September noting a record high for the industry.   This was noted in the Rightmove House Price Index released on Monday which attributed the demand to cheap borrowings even in the wake of limited...

Finland Remains Strike-Bound On Friday

Finland faces a shutdown on Friday due to a failure in settling wage related issues of the workers. As per the B.B.C News the “news agencies” have reported that on Friday, Finland was facing a country-wide strike which has been triggered off by an anti-austerity movement. Moreover, the strike had...

Fifty Percent Of Banknotes Fuel ‘Shadow Economy’ Of UK

The Bank of England released its recent report which stated that almost half of the cash being circulated is involved in illegal activities. The Guardian reports that almost fifty percent of UK’s “banknotes in circulation” are involved in illegal activities like prostitution and drug deals or else...

ECB's QE Programme Spurred Real Estate Market

Investors in real estate market are new supporters of the European Central Bank’s quantitative easing (QE), the experts say. Sales of commercial real estate in the euro zone for the year, ended June 30, jumped 32%, according to the London-based Knight Frank LLP. The volume of investment...

Canada: What to Do With All That Oil?

It is no news that low oil prices have a negative impact on Canadian operators working in the oil sands. However, despite the rather gloomy outlook, production at the field of Calgary in Canada has continued to grow in spite of all odds and logic. This implies involves serious consequences not only...

Citis Securities’ CEO Got Under Investigation in China

Beijing could use his case to expedite the verification of insider trading and further tighten the regulation of the market. The Chinese law enforcement agencies are investigating after the president of the largest brokerage companies in the country Citis Securities Cheng Bumin on suspicion of...

Chinese Data Industry Is Being Overrun By Fed

The data will over shadow Chinese data industry in the coming days, informs Reuters. In the following weeks the spot light will be on the “U.S. Federal Reserve” which is likely to over shadow China’s data industry. It is an indicative of a “grim inflation” in the euro zone which also affects the...
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