Daily Management Review
Economics

Russia Not Joining ECB’s Quantitative Easing

Despite Russia being hit by recession, it will not be a part of European Central Bank’s QE program. Russian Central Bank will not participate in European Central Bank’s QE program as it believes that interest rates are more likely to stimulate the crippled economy. The Chairperson of the Russian...

Saudi Arabia Sets a New Record for Oil Production

10.3 million barrels per day: Saudi Arabia reached this level of oil production in March. This is a record figure since 2002. Minister of Petroleum and Mineral Resources could not explain the reason for such a record increase in production, but experts see this as a continuation of the market...

Jim Rogers: "I love to invest in stagnating markets, and Russia is №1 for me»

Legendary investor during the conference, held on April 6 at the Moscow Stock Exchange with the support of BCS Financial Group, told of where, in his opinion, interesting investment ideas may be put to. - Russia is the best stagnating market in 2015. When the economy starts to grow, it will become...

US Facing Slowdown in Job Growth

The sluggish hiring activities in the US economy was mainly due to declining employment opportunities in manufacturing, construction and government sectors. The US economy was marked by slowdown in hiring in March 2015 signalling sluggish business activities.  The economy added 126,000 new...

New Way to Deal with Marketing

Teradata Marketing Applications, a division of a developer of analytics and marketing applications for big data Teradata, announced the release of the world market system Teradata Digital Marketing Center, a single site where marketers can generate individual offers to attract consumers, using all...

Greece positive on paying back IMF Tranche

Greece plans to repay a part of its massive loan from IMF on April 9, the country’s deputy finance minister announced amidst uncertainties over its capacity to pay back. Fears backed by contradictory statements from the Greece government on the repayment debacle had been simmering on for last few...

NZ dollar posts record high against Australian dollars

Australia may have won the Cricket World Cup beating New Zealand, but the Kiwis have bowled out Australia in the money market with a record high against the Australian dollar. New Zealand dollar rose to record high against the Australian Dollar, thanks to the traders looked ahead to non-farm...

New research sheds light on bacterial resistance to antibiotics. Monsanto’s response - the ostrich act.

A new study has linked resistance to antibiotics to the widespread usage of common pesticides, 2-4D, glyphosate and Dicamba. Glyphosate is an active ingredient found in herbicides and in Roundup. The World Health Organization (WHO) announced last week that as per its findings glyphosate ranked as...

New Trend of Keeping Oil in Store

India, ranked third in the world in terms of oil imports, for the first time has began to create strategic reserves. America and China also continue to increase reserves. According to experts, now it is the most profitable time to create a reserve, as the prices in the short term will go up. India...

Citigroup to Change its Plans in Asia

US bank Citigroup Inc. plans to increase its assets under management of its Asian unit up to 10%t to work with VIP-clients this year (thus repeating the previous year), in a growing number of millionaires in Asia, Bloomberg reports . - The upward trend of the growing number of middle class and...
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