Daily Management Review
Economics

IEA forecasts growth in demand for oil and gas until 2040

Despite the growing popularity of renewable energy sources, oil and gas will remain the main energy sources until 2040, according to a report by the International Energy Agency (IEA). Demand for oil as automotive fuel will begin to fall from the mid-2020s, but other forms of transportation and...

American farmers spur soybean prices

They are building up stocks in the hope that the escalation of the trade conflict between the United States and China will weaken, opening the Chinese market for them. American farmers, already harvesting soybeans, are in no hurry to sell it, preferring to increase stocks in warehouses. They expect...

Inflation in Venezuela is about to reach 150 thousand percent

Efforts of the President of the Bolivarian Republic to curb price increases are clearly failing. The staggering growth of prices is also observed after the government of the Bolivarian Republic held a denomination, issuing a new currency, the "sovereign Bolivar". Its cost is 100 thousand "old"...

IMF: Regulators of transition economies finally managed to slowdown inflation

The main reason for the slowdown in inflationary dynamics since the mid-2000s in transition economies was internal factors and a more systematic monetary policy of regulators, and not the influence of external conditions and the process of globalization, says the International Monetary Fund (IMF)...

An Impending Oil Supply Shortage In 2020s Predicted By Goldman Sachs

According to an estimate by Goldman Sachs, there can be a global shortage in the oil industry in the 2020s because “nobody is allowed to fully invest in future oil production.”   Goldman Sachs’ head of EMEA natural resources research, Michele Della Vigna said to a television channel about...

Standoff between Italy and EU continues – but there is only one player that matters

While Italy and the European Union remain in a deadlock over the proposed budget by Rome, analysts are of the view that more importance needs to be given to the markets.   In a recent finding and calculation by the EU have indicated that the speed of growth of the Italian economy in the next...

Fed retains key rate

According to the results of the November 8 meeting, the US Fed expectedly kept the key rate at the level of 2-2.25% per annum. Despite the October correction in the US stock market and fears of a slowdown in global growth, the regulator is still very optimistic about the state of the economy in the...

Moody's: Global economy will slow down in 2019

The growth rate of the world economy in 2018 will reach 3.3%, and in 2019 it will slow down to 2.9%, which will make it difficult for some countries to solve their macroeconomic problems, the report of the international rating agency Moody's says. "Moody's expects that the growth rate of the world...

Apple's forecast disappoints investors

In the fourth fiscal quarter of 2017-2018, Apple Inc. increased its net profit by 41%, revenue - by 20%. However, forecasts for the current quarter, which is usually Apple’s most profitable time due to the pre-Christmas sales peak, disappointed investors. At the same time, the existing results were...

Value Of Yuan Against The US Dollar Reaches A 10 Year Old Level

Even while the trade war between the United States and China is escalating by the day, the China's yuan dropped to a historic low of 10 years against the dollar and is close to dropping past the politically sensitive level of seven yuan to a U.S. dollar.   At midday on Monday,  the yuan...
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