Daily Management Review
Economics

Analysts React to Copper Prices As Double Mine Closure Pushes Prices to 20 Month High

As closures of two of the world's biggest mines amplified concerns of a supply shortage, London copper hit its highest levels in 20 months.   Noting a continuation of the upwards trend seen since last week, when production was halted at two key sites, and its highest level since May of 2015,...

The Trump White House a Problem for Global Growth, Goldman Sachs Simulates

Goldman Sachs said in a note on Monday that the drive toward tighter trade and immigration policies that are being purportedly undertaken by President Donald Trump are set to dampen global economic growth.   "Our simulations suggest that Mr. Trump's policies could boost growth slightly...

Amazon takes ad revenues away from Google

Facebook and Google are two clear leaders of online advertising, and there is a wide gap separating them from all others. However, these two have an unapparent but strong rival. This is Amazon, which is starting to play an increasingly prominent role in the advertising market. Indeed, Amazon has...

Juncker says Greece Bail Out is on Shaky Ground, Greece says Bailout Deal Close

Greek Prime Minister Alexis Tsipras said he believed the drawn-out bailout review with them would end well and warned international lenders on Saturday not to heap new burdens on his country. But since the International Monetary Fund had not decided what role it would play, the deal was "on shaky...

In a Two-Horse Race with Lockheed, Saab Pitches Modern Combat Jet Plant in India

As Sweden's SAAB goes head-to-head with U.S. rival Lockheed Martin to supply hundreds of locally produced planes to India's military, the company has offered to build the world's most modern fighter aircraft factory in India, it said on Friday.   Even though Lockheed understands that...

Economist say Little More Than One Year for Brexit Negotiations Could be Available to UK

As the unpredictable European elections seem to look completely set to push back the Brexit talks by more than six months, one senior economist is of the view that U.K. Prime Minister Theresa May's resolution to complete Brexit negotiations within a two year timeframe could come back...

Le Pen scares away investments in France

French presidential candidate Marine Le Pen said that majority of holders of the country’s debt do not care about a currency in which the debt will be repaid. However, investors do not agree with the politician’s views, Bloomberg writes. In a recent speech, Marine Le Pen said that government bonds...

Sore Spot in Trump, Abe Meet is Japan's Love of Tiny Cars

While the path to balancing auto exports and imports will be no easier than it was in the 1980s, Japan's bulging automotive trade surplus will be a sore spot when Japanese Prime Minister Shinzo Abe meets with U.S. President Donald Trump.   The two leaders are unlikely to change the fact that...

American oil leap frogs in production; the market hits the panic button

The United States continues to actively build up oil reserves and is stepping up active drilling. This situation occurred thanks to stabilization of oil prices, which OPEC and other producers have achieved by limiting production. US production, on the other hand, is shooting for higher levels now....

Canada Government’s Bombardier Funding Challenged at WTO by Brazil

Accusing Canada of distorting the global aerospace industry with subsidies for planemaker Bombardier Inc, Brazil opened a formal complaint against Canada at the World Trade Organization (WTO).   Undercutting the market for commercial jets made by Brazilian rival Embraer SA was the support...
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