Daily Management Review
Economics

The AIIB ‘Signing Ceremony’ Is A Strategic Chinese Move

China has put on the robe of facilitator by hosting the “signing ceremony” of AIIB, namely the Asian Infrastructure Investment Bank. It is yet another “international” institute of finance like its peers Asian Development Bank and the World Bank. In a function, delegates from fifty nations gathered...

BRICS Creates an IMF Analogue Worth $ 100 billion

BRICS countries (Brazil, Russia, India, China and South Africa) have signed an agreement, which regulates the conditions for mutual support of member countries in the framework of an agreement on conditional pool of foreign exchange reserves. This is stated in the report of the Central Bank. - July...

The citizens of Athens are unrepentant in their defiance

With Greek’s finance minister - Yanis Varoufakis- quitting his job, the scenario for a last minute negotiation is a distant possibility. Just as Greek exiting the Eurozone is. Come what may, the citizens of Greece are an unrepentant lot. Yanis Varoufakis, Greece’s finance minister, who infuriated...

The unrolling of a Greek Tragedy

Greek banks are shut and will stay close for the week. Be that as it may, money machines have been reported as functional and towards the evening Greeks were making the most out of them. Greece chose Sunday to close banks and confine money withdrawals after the European Central Bank chose not to...

Indonesia to Ban Dollar

In Indonesia, with the July 1, 2015 a ban on the use of the US dollar or any other foreign currencies in financial transactions on its territory officially came into effect. In the spring of 2015, the Bank of Indonesia (Bank Indonesia) announced the upcoming prohibition of the exercise of any...

Europe Cancels Roaming Charges

Europe cancels roaming charges in the EU starting from June 15, 2017 in. Telephone companies, however, will be allowed to charge additional fees in certain cases. Roaming charges on the territory of the EU to be abolished 15 June 2017. This decision was made by representatives of the EU and the...

Small Business in Europe is Looking for New Forms of Financing

The Scottish tennis player Andy Murray was in this month's headlines, not only thanks to a brilliant game. Famous athlete announced the launch of the British crowdfunding platform Seedrs, where small companies sell a stake in its business. Murray is going to advise Seedrs in sectors such as healthy...

U.S Market in turmoil as investors and analysts bet over the Fed changing interest rates

The market is in a state of turmoil in U.S.A with bonds plummeting and the Fed deciding on increasing rates. Investors and analysts are caught up in a betting game in regards to the Fed’s stance regarding the near future of the rates. While the Federal Reserve has been intent on increasing interest...

Research Markets: Global Automotive Whiplash Protection Market 2015 Report and Forecasts

The interest for security frameworks stems fundamentally from created districts/nations, for example, Europe and the US. Nonetheless, developing markets, for example, India, China, and Brazil are gradually expanding their interest for cutting edge detached security frameworks due to quick monetary...

Research and Markets: Global Construction Market Expected to Reach $240.97 Billion

Among the diverse sorts of development gear, loader and cranes would keep on remaining the most favored sort, because of their various applications in development, mining and open works. Loader fragment would drive the business sector essentially by 2020, contributing more than 44% of the aggregate...
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