Daily Management Review
Economics

US Markets Ups and Downs

The volume of industrial production in the US decreased by 0.2% in May 2015 compared with the previous month, the Federal Reserve System report said. Economists surveyed by Bloomberg, expected an increase in the same amount. For six months, industrial production in the United States shows no...

Tsipras postive about a new compromise deal on debts

Greek PM hints at a new compromise deal to clear the debts, while getting the next tranche of loans from its troika of creditors Greek PM Alexis Tsipras has hinted that he is almost close to creating a compromise deal with creditors, aiming to not default on its debts and keep its place in the...

Chevron’s Major Big Foot Oil Project Faces another Series of Setbacks

Chevron Corp has been facing a series of major setbacks on its Big Foot oil project. Nine of the total sixteen connectors have sunk to the sea bed without any clear reason. Situation of them are now being assessed in order to get the project on track factoring in the indefinite timeline delays....

Robin Hood is Getting Unpopular

In the world of inequality, an egalitarian robber always been an attractive character - from the English Robin Hood to the US Jesse James. Many countries like to make heroes out of the bandits who take money from the rich and give to the poor. The economy, in the most primitive sense, also supports...

EP to Hold Russia Back

June 10, Wednesday, at the plenary session in Strasbourg, MEPs approved a resolution based on the report of the Lithuanian deputy Gabrielius Landsbergis. 494 deputies supported the draft resolution of Landsbergis, 135 voted against, another 69 abstained. Resolution of the European Parliament are...

PVR to buy DT Cinemas for Rs 500 crore

Consolidation has become the norm in the booming movie screen business in India India-based multiplex movie screen chain PVR Ltd has acquired real estate major DLF’s DT Cinemas for Rs 500 crore.   The new investment in the booming movie screen business signals a wave of consolidation unseen...

Credit Suisse: What to Expect from World Economies?

At the end of 2014, the US was the only bright spot among the world's largest economies. China's economic growth had slowed, Europe was on the brink of deflation, and Japan was coping with recession. However, the performance of the US economy became worse in 2015. Economic indicators show that the...

Drop in Home Prices Cheered by Italian Brokers as a Sign of Market Recovery

Italian real estate brokers have welcomed the price drop occurring in the property market. With easing of lending and mortgaging rates, consumers have been encouraged towards purchasing real estate. Financial institutions have predicted gradual recovery of the Italian property sector. Home property...

Moody's: the Way out of the EU Will Hit Britain

The experts of Moody's rating agency identified the main risks that could result in a downgrade of the UK credit rating in the future. According to published estimates of Moody's Investors Service analysts, in 2015-2016, UK economy will show a stable trend (with GDP growth rates of 2.7% and 2.4%,...

IMF warns Fed Reserve to not go for rate increase

In a setback to investors and market enthusiasts, the IMF has downgraded the GDP estimate for US this year and advised the Federal Reserve to not increase the rates until the first half of 2016. The International Monetary Fund has given a red herring to the US economy. The international watchdog...
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