Daily Management Review
Economics

Malta considers joining Chinese Belt and Road

Malta has become another member of the European Union which is considering the possibility of joining China’s large-scale infrastructure initiative “Belt and Road”. “Certain prejudices” should not interfere with good business, said Malta’s Minister of Finance Edward Scicluna in an interview with...

Pre-Recession Alarm Lurks Behind Britain’s ‘Headline Employment Figures’

Uncertainties of Brexit slow down Britain’s economy, although 2018’s employment figures seemed promising. Nevertheless, researchers find that policymakers may have to worry about something else. The headlines of a strong hold in Britain’s labour market are doing the round, while hiding beneath it...

IEA: oil production will meet new demand in 2024

In the next five years, demand for oil will continue to grow at a rate higher than its supply, follows from a forecast of the International Energy Agency until 2024. A 70% increase in production will be provided by the United States, which by the end of the forecast period will oust Russia from the...

Volume of new bank lending in China declines in February

In February, Chinese banks issued significantly fewer new loans than a month earlier, while the authorities are still striving to support the economy. The volume of new bank lending in China in national currency amounted to 885.8 billion yuan ($ 131.81 billion) in the last month, showed the data of...

UK Criticism Of US Over Food Standards Dismissed By Its Ambassador To Britain

The comments of a former UK minister about the country would not be able to accept the “woefully deficient” American farming practices after a post-Brexit trade deal was nullified by the US ambassador to the UK and dismissed the charges that the US food standards was a “marketing campaign”.  ...

Negotiators Working Day And Night For A US Trade Deal: China

According to reports citing a senior Chinese official, trade representatives of China and the United States are striving very hard to arrive at a trade deal which would be equitable for both the countries and for the entire global business community which would include the elimination of the...

OECD lowers global economic forecast

In the next two years, the world economy will grow more slowly than recently expected, follows from the updated forecast of the Organization for Economic Development and Cooperation (OECD). According to the organization, among the main risks for growth are increased trade protectionism (this time...

U.S. And China Close To Finalizing A Trade Deal: The Wall Street Journal

The promises to make some structural changes to its economic policies and the elimination of retaliatory tariffs on US goods has created the perception that deal on trade between the United States and China is close by which would result in roll back U.S. tariffs on at least $200 billion worth of...

10 biggest philanthropists in 2018

Rich people all over the world spend their capital not only on expensive cars, yachts and airplanes, but also to help those who are a little less fortunate in life. Below are the 10 biggest philanthropists in 2018. 1. Jeff and MacKenzie Bezos Amount: $ 2 billion Needs: social assistance...

Bain notes record activity on the private equity market

Consulting company Bain & Company has released an annual report on the private equity industry. Experts noted that the total amount of such capital, aimed at the purchase of companies, grew by 10% and amounted to $ 582 billion only in 2018, and over the past five years this volume has amounted...
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