Daily Management Review
Economics

US Crude Prices Touch $40 Mark, Weekly Losses Longest in 29 Years

For the first time in six years, the crude oil prices in the US fell below the $40 mark on Friday.  The weekly losing streak for crude oil in the US was also the longest in the last 29 years as analysts still predict a period of average prices for crude. The fall in prices in crude oil in...

Poor Chinese Output Report for August Shakes Up Global Markets

Proving speculations of a slowing economy behind the successive devaluation of the Chinese Currency last week, a private survey showed that China’s factory sector shrank at its fastest pace in more than six years in August as domestic and export demand dwindled. This data added worries for the...

93 Million Unemployed in the United States. So Trump Was Right?

Donald Trump made the following statement about the US economy in an interview with Time magazine: - In reality, the unemployment rate in our country is probably 21%, not 6%, 5.2% or 5.5%. I'm talking about the real level of unemployment: in fact, I recently saw a graph of our real unemployment,...

Technology Has Created More Jobs than Destroyed, says a Deloitte Study Report

A report published this week assures that humans need not worry about losing their jobs and livelihoods to advancement in technology. The report, studies and prepared by economists at Deloitte say that in the last 50 years, more jobs have been created than lost due to the development and advent of...

Stocks, Oil and Emerging Currencies hit by Growth Fears

Rising anxiety about the health of the global economy fueled by fading expectations for an imminent U.S. interest rate hike resulted in falls in stocks, oil and the emerging market currencies. Share values fell to a two-year low in the Asian market while German markets saw a fall in share prices...

Retail Sales in the UK Showed an Increase

Retail sales in the UK in July rose by 0.1% compared with the previous month, according to the Office for National Statistics (ONS) of the country. Analysts, surveyed by Bloomberg, had expected a more significant growth - by 0.4%. Increase in retail sales in annual terms amounted to 4.2% against...

New York Like Rent Controls Likely for London to Curb Sky-high Rents

Regulations similar to those in place in New York, London could soon have a ceiling in the rent value for its properties, especially for homes.   Reports suggest that politicians and legislators are contemplating putting a cap on the maximum limit for rented property in London especially...

Varoufakis: Europe Needs a New Debt Policy

The problem of public debt of Greece has once again become relevant for Europe. Apparently, this is the most important achievement of the Greek government in the first five months of painful confrontation with creditors. As noted in an article by former Finance Minister of Greece Yanis Varoufakis...

Misleading Effect of Sex in Advertising

The topic of sex pops up quite frequently in advertising, as marketers believe that the cheesecake boosts sales. Mention the frivolous topic undoubtedly increases the interest to the blog articles and advertising in the media, but the viewer's attention does not focus on the advertised product in...

The Number of New Buildings in the United States Reached a Record for 8 Years

The number of houses, construction of which began in the US in July, rose up 0.2% from the previous month and amounted to 1.206 million in terms of annual growth, according to the Ministry of Commerce. This is the highest figure in nearly eight years - from October 2007. According to some data,...
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