Daily Management Review
Economics

China is borrowing money to buy up foreign assets

After two weeks of struggle with other contenders, Chinese insurance company Anbang suddenly refused to buy the American hotel chain Starwood Hotels & Resorts Worldwide Inc. for $ 14 billion. However, the Chinese’s attempt to purchase the major foreign asset is another confirmation that the...

Renewable Generation in OECD Increased by 16%

Oil, gas, and electricity generation increased in 34 OECD countries over 2015, according to the initial analysis of monthly IEA data. At that, power generation from wind and solar resources increased by 16%. The total volume of electricity generation in the OECD countries as a whole remained at the...

Irish vs Finnish Economies: Why Celtic Tiger Won

Why Ireland and Finland are on opposite sides of the euro-zone growth? Because one of them found a way out of economic difficulties. The other, on the contrary, has become a "new patient in Europe", although there was a time when the country featured an "economic miracle." Despite the fact that...

The Gas War Between US and Canada

The US and Canada usually get together very well. The countries have strong trade relationship worth more than $ 2 billion a day; the US is the largest foreign investor in Canada, and Canada - the third in the United States. Yet, such productive partnerships can be broken due to an undeclared gas...

India Is Ok With Current Oil Prices

Oil Minister of India said that the country is quite satisfied with the quotes at $ 45-50 per barrel. At these levels, local production brings a reasonable profit, and consumers are protected from the adverse effects of excessively high oil prices. The largest exporters of oil, from Russia to Saudi...

Norwegian Oil Fund Turns To Real Estate

Norwegian Oil Fund intends to increase investment in real estate. The largest sovereign fund in the world, which assets amount to about $ 830 billion, is seeking to improve its performance. The Fund's income calculated for 2015 was the lowest since 2011. The Oil Fund plans to invest $ 41.5 billion...

Oil Prices Go Through An Unstable Week

The prices of oil market showed rising promises in the beginning of the week, however, it did not maintain the same stance through out. This week the prices of oil came down before it touched bay on the Asian trade, whereby losing on the previous session’s gains as the data revealed that the...

The EU Consumer Confidence Takes A Dip In The Month Of March 2016

The economists compare consumer confidence data between that of last month and the current one. In comparison to the previous month of February 2016, the confidence of the consumers, especially those who are from the euro-zone countries, has fallen in the month of March. The said fall, however,...

$15.5 Billion Against GBP

For the current year, Forex Market Players bet the pound to $ 15.5 billion. The sum is very large: in size, it corresponds to the GDP of Iceland. Expectations for the pound is very high. Or rather, low: it should fall to the 80s’ lows. Based on purchased options, currency traders expect to 4% drop...

A Presidential Nomination In Favour Of Trump Could Pose ‘Global Growth Scare’: Gundlach

The upcoming presidential period may cause fear on a global scale if the nomination is in favour of Trump, predicts Gundlach. Jeffrey Gundlach runs DoubleLine Capital and is a well known investor. Gundlach is predicting a "global growth scare" which is likely to develop sometimes from now and till...
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