Daily Management Review

DMR

Don't Miss

India’s Slowing GDP Growth: A Call For Structural Reforms Amid Global Challenges 11/30/2024

Euro Zone Inflation Dynamics: Challenges In Balancing Growth And Monetary Policy 11/30/2024

Bitcoin’s Mainstream Momentum: The Rise Of Digital Assets Beyond Skepticism 12/05/2024

Economics

Business & Finance

Management

World & Politics

Science & Technology

Art & Art Market

Economics

Why investors see zinc as a new precious metal

From the beginning of the year, price for zinc increased by more than 40%, becoming the fastest growing in the non-ferrous metal segment. The investors' interest is fueled by concerns about the possible difficulties with supplies. Zinc occurred the fastest growing in price among non-ferrous metals...

Jobs Boost to Post-Brexit UK given by McDonald’s and Glaxo

Joining GlaxoSmithKline Plc in a vow to bolster British employment following the nation’s historic vote to leave the European Union, McDonald’s Corp. has said that it will create more than 5,000 new jobs in the U.K. by the end of 2017. Paul Pomroy, chief executive officer of McDonald’s...

Pokemon Go, the new oil energy sink

The world is catching Pokemons, and economists and analysts are calculating the game’s impact on the economy. Do you know how much energy is consumed by one Pokemon Go player? Each player that connects to the game, spends about 0.76 liters of gasoline. It doesn’t seem impressing, but if we add up...

As Near-Term Risks Diminish Fed Begins Crawl Towards Rate Hike

While stopping short of signaling that the move could come as soon as September, Federal Reserve policy makers took a step toward raising interest rates later this year. After their two-day meeting, their assessment of the economy in their monetary policy statement was upgraded by the...

To Repair its Battered Economy, Egypt Seeks Region’s Biggest IMF Loan

In an accord that would be the fund’s biggest aid package in a region pummeled by political unrest and the plunge in oil prices, Egypt plans to secure a $12 billion loan from the International Monetary Fund to ease a crippling dollar squeeze and restore confidence in the economy. An IMF...

Investments to the Tune of $60 Billion in Petrochemicals being sought by Iran from Total to Mitsui

With the aim of doubling the country’s capacity to produce petrochemicals over the next decade and as a part of its push to attract $60 billion in foreign investment, Iran has started talks with Mitsui & Co. Ltd. and Total SA. Managing Director Marzieh Shahdaei said in an...

Vatican and the Bank of Italy signed a key agreement

Vatican and the Bank of Italy have signed a key agreement on cooperation aimed at regulating their relations after years of Italy’s mistrust to Vatican’s financial affairs. This agreement, signed by Head of Bank of Italy, Ignazio Visco, and Head of the Bureau of Financial Information, Rene...

The Most Concentrated Gas Hydrate Accumulations of the World Discovered by India, U.S. in Indian Ocean

Opening up the potential to significantly expand energy production in a region that’s currently a big importer, a joint expedition by India and the U.S. discovered a major deposit of natural gas in the Indian Ocean. The U.S. Geological Survey said in a statement that this was potentially...

Oil exporters and their struggle with crisis

At first glance, decision of Nigeria to move to a floating exchange rate last month, and announcement of a merger of two UAE banks have little in common. Nigeria is a country with a population of almost 180 million. Its GDP per capita is less than $ 3 thousand at market exchange rates of the...

Amid 1MDB-Linked Probe, Money Laundering Controls to be Boosted by Singapore

Following the damaging findings that financial institutions in the city-state handled money flows linked to Malaysian state fund 1MDB, Singapore's central bank said it will enhance controls against money laundering and take swift action against banks that get engaged in such activities. ...