Daily Management Review
Economics

Survey Finds China’s Manufacturing Index at a Two-Year Low

Problems for the Chinese economy do not seem to be getting over. The second largest economy of the world recorded a two year low manufacturing index as was found out in a survey, made public on Monday. The survey suggests that the the Chinese economy is facing downward pressure in the third...

Greek Markets Plunge Amidst Hushed Talks for Debt Bailout

Amidst hushed talks between the Greek authorities and the menders, the Greece stock market plunged nearly 23 percent on Monday. The stock markets had opened after a five-week. the plunge was triggered by fears that the debt struck country would not be able to secure a third bail out of its debts...

US-Russia Oil Imports: No Room for Geopolitics when Business Comes to Play

There is two trends in relations between the US and Russia in recent years: a significant increase in oil production in the United States and increased tension between the two countries for the first time after the end of Cold War, due to the situation in Ukraine. Therefore, it may seem odd that...

IMF Likely Not to Bail out Greece a Third Time: Reports

A leaked information after an International Monetary Fund board meeting indicates that the the global financial organization would not support claims of Greece to allow the crisis struck country to secure a third bailout.   Te Financial Times reported that the continued reluctance of Greece...

GM to Invest $ 3.8 billion in Brazil

American General Motors Co. plans to double its investment in Brazil until 2019, as part of efforts to increase sales in emerging markets. The automaker plans to invest 13 billion reais ($ 3.8 billion) in South America in the period 2014-2019 for the modernization of existing plants and new...

How BRICS Harms Itself

Between November 2008 and June 2015, a daily average of about two measures that restrict trade were taken in the world - more than 5000 altogether, counted in the Global Trade Alert (GTA). One of the two measures - in respect of any country of the BRICS. What’s interesting, BRICS countries...

Fuel Subsidies Curbed by Emerging Markets as Fuel Prices Continue to Lower

The declining trend in global crude oil prices since October 2014, has encouraged the governments and policy makers of emerging economies to cut down subsidy for oil. This cut down on petroleum subsidy has helped the emerging markets to save money and take corrective steps to manage fiscal...

Reports of plans hatched for a system of shadow taxation puts pressure on Tsipras

Having halted Greece from sliding into bankruptcy and financial chaos, Alexis Tsipras then went about kick-starting the painful bail out process and revive the economy. Reports are now leaking out as to how his own party members tried to sabotage these processes. According to reports that goes to...

Greece Eased the Transfer of Funds to Pay for Imports

The Greek government has facilitated for some companies transfers of funds abroad to pay for imports in the framework of easing of strict measures to control capital and operating since the beginning of this month. This was announced at today's meeting of the Bank of Greece with the participation...

Eurozone, China Slow Down in July

Following the Greek crisis, the economic growth rate in the Eurozone slowed down slightly in July. The data released on 24 July show that the Markit Eurozone Purchasing Managers’ Index showed a decline from 54.2 in June to 53.7 in July.   This is the sixth-highest reading since...
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