Daily Management Review
Economics

2016 was a record for Saudi Aramco

Saudi Arabia's state-owned oil company Saudi Aramco increased production to a record level of 10.5 million barrels per day at the end of 2016. Experts note that in many respects such dynamics are connected with the fact that Saudi Arabia sought to protect its share of the oil market, especially...

EU Chief Negotiator Says UK Cannot Keep All Benefits Of A Single Market And Yet Leave It

The European Commission's chief Brexit negotiator Michel Barnier said on Thursday that the U.K. cannot expect to leave the single market and keep all of its trade benefits.   If the U.K. decided to leave the EU's single market, "frictionless trade" between Europe and the U.K. would "not (be)...

From Defense To Science, Agriculture And Technology, India, Israel Expand Cooperation

The way for Israeli firms to access millions of consumers and for Indian companies seeking advanced technologies would be paved by a string of deals signed this week between India and Israel which reflected wider cooperation apart from the long standing cooperation in defense between the two...

Germany is concerned about a possible US-EU trade war

Germany is concerned that US President Donald Trump can launch a trade war with Europe, German Foreign Minister Sigmar Gabriel said on Thursday before the G20 summit in the port city of Hamburg. "There are things that cause great concern with that the United States is starting a trade war with...

Abe to sign trade agreement with EU at G20 meeting

On Thursday, The European Union and Japan are expected to sign a free trade agreement to protect themselves from the emerging policy of protectionism in the US under President Donald Trump, Reuters reports. Confirming on Tuesday that Japanese Prime Minister Shinzo Abe will meet with heads of EU...

China opens Bond Connect program for foreign investors

On Monday, China and Hong Kong launched the Bond Connect program. This is cross-traded bonds, which open access to the market of China's debt securities for foreign investors. The market’s volume is estimated at $ 9 trillion, writes The Wall Street Journal. China is fulfilling its promises to...

Haldane Worries On The Impact Of Inflation On The Poor, While Urging BoE To Take ‘Serious Look’ Into The Matter

Inflation check comes from a careful consideration of interest rate hike. The chief economist at BoE, Andy Haldane, stated that the central bank needs to consider the issue of interest rate hike to keep a check on “inflation”. However, he seemed happy with “current level” of interest rates.  ...

Head Of Denfence And Aerospace At Accenture Sees Blockchain Reshaping Aviation Industry

Blockchain could replace experience in the aviation engineering sector. The aerospace industry experts turn to Blockchain technology to reduce the maintenance cost of planes. Blockchain has the ability to gather information from multiple parties as a “single ledger”, which then are made accessible...

If Tokyo Election Stings, Abe Will 'Pull Stimulus From A Hat', Markets Bet

The stock market is betting that a poor showing by Japanese Prime Minister Shinzo Abe's party would be good for shares even though the premier has seen his popularity slump ahead of a local election in Tokyo following scandals and gaffes by officials close to him.   Abe would be spurned to...

Recovery of Japan's economy is postponed

Industrial production in Japan declined more rapidly in May than it was in the aftermath of the devastating earthquake in March 2011, while stocks reached their highest level in almost a year, suggesting that the nascent economic recovery may die before it recovers. Household expenses also fell in...
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