Daily Management Review
Economics

Amazon takes ad revenues away from Google

Facebook and Google are two clear leaders of online advertising, and there is a wide gap separating them from all others. However, these two have an unapparent but strong rival. This is Amazon, which is starting to play an increasingly prominent role in the advertising market. Indeed, Amazon has...

Juncker says Greece Bail Out is on Shaky Ground, Greece says Bailout Deal Close

Greek Prime Minister Alexis Tsipras said he believed the drawn-out bailout review with them would end well and warned international lenders on Saturday not to heap new burdens on his country. But since the International Monetary Fund had not decided what role it would play, the deal was "on shaky...

In a Two-Horse Race with Lockheed, Saab Pitches Modern Combat Jet Plant in India

As Sweden's SAAB goes head-to-head with U.S. rival Lockheed Martin to supply hundreds of locally produced planes to India's military, the company has offered to build the world's most modern fighter aircraft factory in India, it said on Friday.   Even though Lockheed understands that...

Economist say Little More Than One Year for Brexit Negotiations Could be Available to UK

As the unpredictable European elections seem to look completely set to push back the Brexit talks by more than six months, one senior economist is of the view that U.K. Prime Minister Theresa May's resolution to complete Brexit negotiations within a two year timeframe could come back...

Le Pen scares away investments in France

French presidential candidate Marine Le Pen said that majority of holders of the country’s debt do not care about a currency in which the debt will be repaid. However, investors do not agree with the politician’s views, Bloomberg writes. In a recent speech, Marine Le Pen said that government bonds...

Sore Spot in Trump, Abe Meet is Japan's Love of Tiny Cars

While the path to balancing auto exports and imports will be no easier than it was in the 1980s, Japan's bulging automotive trade surplus will be a sore spot when Japanese Prime Minister Shinzo Abe meets with U.S. President Donald Trump.   The two leaders are unlikely to change the fact that...

American oil leap frogs in production; the market hits the panic button

The United States continues to actively build up oil reserves and is stepping up active drilling. This situation occurred thanks to stabilization of oil prices, which OPEC and other producers have achieved by limiting production. US production, on the other hand, is shooting for higher levels now....

Canada Government’s Bombardier Funding Challenged at WTO by Brazil

Accusing Canada of distorting the global aerospace industry with subsidies for planemaker Bombardier Inc, Brazil opened a formal complaint against Canada at the World Trade Organization (WTO).   Undercutting the market for commercial jets made by Brazilian rival Embraer SA was the support...

Italians are losing faith in the euro

Deputy Governor of the Central Bank of Italy Salvatore Rossi during a radio show was asked why wouldn’t the country abandon the euro and return to its old and familiar currency, the lira. According to Rossi, such a scenario could not even be put forward for public discussion and would result in a...

Australia’s Trillion-Dollar Debt Pile Now Develops Cracks

In Australia, mortgage arrears are creeping up, lenders’ bad debt provisions have increased and personal insolvencies are near an all-time high are the three warning signs that back up the spike in demand and consumers and property investors around Australia are making more calls to financial...
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