Daily Management Review
Economics

Following the Brexit Vote, the UK Economy is not Showing Signs of a Slowdown

With a better-than-expected set of growth figures for the fourth quarter, the British economy showed no signs of losing momentum at the end of 2016.   Preliminary figures by the Office for National Statistics showed on Thursday morning that the U.K.'s gross domestic product rose 0.6 percent...

EIU Report Warns that US is no Longer a Full Democracy

According to the Economist Intelligence Unit (EIU), for the first time in the history of the country, the United States has been demoted from a full democracy to a flawed democracy.   The firm uses a number of indices to identify how democratic a country is. Such indices are marked on the...

Despite Risks Posed by U.S. Protectionism, Japan Notes Uptick in Exports for the First Time in 15 Months

Even as U.S. protectionism threatens to hurt trade across the region and dent external demand, in a positive sign for the export-reliant economy, Japan's exports rose for the first time in 15 months in December on strong sales of electronics and car parts.   Compared with a 1.2 percent...

The Eurogroup will decide on fate of Greece's debt

At the meeting of 26 January Eurogroup is going discuss Greece’s progress on its way to economic recovery. At the meeting, the ministers will talk over all possible risks that may hinder the country to repay the bailout loan. Greece's current debt amounts to € 320 billion. This is almost twice...

The ‘Slashing Agricultural Economy’ Of The U.S. Mourns The Exit From TTP

The farmers and agricultural trade unions of the U.S. are facing “new threats” as President Trump signs out of the deal, while others see China taking its place in the deal. The U.S. President Trump’s step of quitting the TTP deal, which erstwhile provided the U.S. farmers a market of “$62...

Engaging In A ‘Trade War’ Won’t Be Healthy Either For China Or The U.S.

Experts’ opinion asks both China and the U.S. to maintain “positive trade relations” for avoiding troubles. Musing over the issues of “protectionist” along with the “anti-China stance” of President Trump, the People's Daily, which is an “overseas edition of the state”, reported that the trade...

Samsung Announces Share Buyback and Q4 Operating Profit Rise by 50% on Year

Fallouts of investigations of its senior executives in an on-going corruption scandal and from a massive product recall of its Galaxy Note 7 handsets were cushioned as Samsung's profits jumped 50 percent on-year in the fourth-quarter, as a diverse business portfolio helped in the cushioning....

Without an Act in Parliament, Government Cannot Trigger Article 50, U.K. Supreme Court Rules

The U.K. Supreme Court has ruled that the government needs to get permission from the parliament on whether the government can start the Brexit process.   Although this is expected to happen in time for the government's 31 March deadline, Theresa May cannot begin talks with the EU until MPs...

China and India to trim demand for oil in 2017

Major oil-producing countries are expecting that price for petroleum will grow due to decrease in production, yet decline in dynamics of supplies to China and India can disrupt these plans. The two major countries are net importers of oil with substantial strategic reserves of energy. However,...

Bank of Cyprus demonstrates its confidence in London after Brexit

Four years ago, Bank of Cyprus was forced to convert deposits into shares for the sake of salvation. Last week, it placed shares on the London Stock Exchange. The bank’s CEO John Hourican called the move "an absolute vote of confidence" to London, which will continue to be one of the world's major...
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