Daily Management Review
Economics

Debt problems of regions are dragging India down

The Indian authorities have long ignored the way various regions of India received funding. As it turned out, the authorities of the Indian states have been practically sabotaging the central government’s efforts to reduce the debt burden. Which state of India is likely to return the loan: Bihar,...

Looking for survival, Venezuela proposes cutting OPEC production even more

Trying to stabilize its own catastrophic situation, Venezuela suggested reducing OPEC production to 5 million barrels per day, which is more than 4 times higher than current decline in production. According to experts, the proposal is completely unrealistic. The situation with oil prices could be...

Hard Push For Lowering Of Tax Rate On Offshore Profits Being Given By U.S. Companies

The tax break that the Trump administration has already tentatively proposed on $2.6 trillion in corporate profits being held offshore, a key piece in Washington's intricate tax reform puzzle, is being pushed to be extended by major U.S. multinationals.   Lobbyists for technology, drug and...

Japan wants US back in TPP

Japan hopes that the US will return to the Trans-Pacific Partnership (TPP), and is only "pretending" to negotiate a bilateral deal, Kotaro Tamura of the Milken Institute told to CNBC. "The Prime Minister and the government of Japan paid huge political capital to create the TPP, they do not want to...

Ahead Of The Approval Meet On The New Bail-Out Fund Deal With Euro-Zone Partners, Greece Slashes Growth Forecast Figures

Tensely negotiated reforms’ deal pushes Greece to pass “new measures” in reduced growth forecast figures before the final meet takes place. Greece has revealed a “mid-term budget plan”, wherein it has cut the growth forecast of 2017 from “2.7 percent”, whereby reducing the same to “1.8 percent”....

China dampens investments in "One Belt and One Road" project

Investments in President Xi Jinping’s famous project "One Belt and One Road" fell in 2016, as several indicators showed. This raises doubts about readiness of commercial enterprises to invest in the strategy which is pursuing not only economic but also geopolitical goals. Leaders of 28 states...

Amid A Quiet Market, Technicals Stand Out

The biggest concern for some market analysts is the lack of concern with the S&P 500 and Nasdaq Composite hovering near record highs and as the strongest earnings season since 2011 draws to a close.   The largest daily move on the S&P 500 in almost three weeks was only 0.4...

Europe, Japan Failed To Be Reassured By The US Over 'Trumponomics'

While Europe and Japan have showed that they remained worried about Washington's shift in trade and economic policies, the United States said on Saturday that the world's other rich economies were getting used to the policy plans of President Donald Trump.   In the hope of hear more about...

U.S. Warned Not To Upset Global Growth By G7 Finance Chiefs

A decades-long global consensus in areas such as trade and financial regulation criticized by U.S. President Donald Trump, was pressed not to be broken up by the United States, finance chiefs from many of the world's leading rich nations called on Friday.   Kicking off a two-day meeting in...

China is preparing to launch Globalization 2.0

To date, China has become one of the few countries that has money, and Xi Jinping is ready to issue several checks. On Monday, the Chinese president will host nearly 30 world leaders in Beijing during the first One Belt, One Road forum, which is the central element of China's soft power, supported...
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