Daily Management Review
Economics

Italy Scores Up the Recent Crisis to the Rating Agencies

According to The Financial Times, Italy is pressing charges against the rating agencies S&P and Fitch on the fact that they have caused undue damage in the country in 2011 and 2012. Italian rating in those years, according to prosecutors, was established unfairly by the agencies, and this led to...

The ‘Curtain-Raising Speech’ of IMF Chief Addresses The Risk Of Economic Growth

Lagarde warns about the brooding risks that are likely to hamper economic growth. The managing director of “International Monetary Fund”, Christine Lagarde addresses the crowd gathered at the annual meeting of “IMF-World Bank” that took place in the U.S capital Washington D.C. on the 30th of...

Prices for Luxury Housing in London Fell in the III quarter Due to Growth of the Stamp Duty

Prices in premium segment of the London real estate market decreased by 0.4% in the third quarter, according to the estate agency Savills Plc. After raising the stamp duty in December last year to 12% when buying a home worth more than 1.5 million pounds ($ 2.3 million), demand in this segment...

Wall Street Presents A Set Of Derivatives Rules For Swap Transactions

New derivatives rules to set guidelines in swap transactions between banks and its affiliates, said Wall Street. Following a “debate among regulators” that took place over the discussion regarding the shifting of tough provisioning “in banks’ favour”, the Wall Street goes closer to the ridge of...

GDP Rates of U.S Surprise Analysts In The Second Quarter

The second quarter growth of U.S GDP presently surpasses most estimates. Following the weak beginning of the year for the U.S, whereby the “three months to June” had set a weak trend. However, surprising all expectancy, the economy of America has “bounced back more strongly”.   The second...

Number of Middle-Class People Exceeded 1 Billion For the First Time

The gross value of financial assets of the world's population in 2014 increased by 7.1% and reached a new record - 135.7 trillion euros against 126.8 trillion euros a year earlier, while the number of people, belonging to the middle class in terms of welfare, has surpassed 1 billion. It is noted in...

U.K Growth Rates Show ‘Upwards Revision’, Says O.N.S

The O.N.S data reveal that the growth figures of the U.K are showing “upwards revision” in a significant manner. Dailymanagementreview.com – 25 September 2015 – O.N.S data is out which brings good news to United Kingdom. The quarterly report of the “Office for National Statistics” or the O.N.S has...

New Draft Regulations Receive Approval Whereby The Banks Are To Be Prepared

New set of regulatory laws that affect the banks in their bonds and equity capitals has been approved in their draft forms. Dailymanagementreview.com – 25 September 2015 – A new agreement regarding equity and bond capitals are in the draft form. The upcoming set of rules will “require” nearly all...

Reuters Poll Indicates China September Official Factory PMI Shrinking for Second Month

A poll conducted on 29 economists by news agency Reuters claimed that the official manufacturing Purchasing Managers' Index (PMI) of China for September is forecast to inch down to 49.6 from August's 49.7, according to the median forecast of the analysts. This, the likely consecutive second...

Global GDP Could be Increased by 26% by Increasing Workplace Gender Parity - Report

A report from the McKinsey Global Institute states that getting more women into the workforce could give the global economy a significant boost apart from conforming to the moral and social considerations of gender equality. Global annual GDP could rise by as much as $28 trillion or 26%, by 2025...
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