Daily Management Review
Economics

Ghost employees are undermining economies of the Persian Gulf

The problem of employees that receive money, but do nothing and often don’t even come to work, has acquired the scale of the catastrophe that threatens economic development in the Arab world. The governments of the Persian Gulf Arab countries spend a lot of money on salaries for civil servants....

A US-China Trade War Could Make These Asian Economies Suffer

According to experts, trade tensions between the United States and China would badly hurt Asian economies such as Taiwan, South Korea and others in South East Asia.   Gareth Leather, senior Asia economist at Capital Economics noted that a very significant amount of "intermediate goods"...

European Commission Welcomes Paris & Berlin Together On ‘Deeper Euro-Zone Integration’

The European Commission terms Macron and Merkel’s agreement as a “crucial political step”. On Wednesday 20, 2018, a collaboration between France and Germany was welcomed by the European Commission, wherein two of the “biggest countries” in the euro zone held a “joint position” for dealing with the...

Emerging equity markets are bleeding

Tightening of the Fed’s monetary policy and the trade confrontation between the US and other countries resulted in a sharp decline in demand for assets in emerging markets. According to the EPFR, investors have withdrawn from the funds of developing countries $ 1.3 billion over the past week, and...

Strategist Warns Of Possible Economic Slow Down In U.S. By A Fourth Fed Hike This Year

According to one prominent economist, a more hawkish stance by the United States Federal Reserve could cause a slowdown in the U.S. economy even while many have welcome the Fed stance following more than a decade of low interest rates.   While contemplating a strong growth in the country’s...

Quarterly loss of Xiaomi exceeded $ 1 billion

The Chinese manufacturer of gadgets Xiaomi reported on the results of activities for the first quarter of this year. During the period from January to March 2018, the company incurred a net cash loss of 7 billion yuan, which is about $ 1.09 billion. The losses reached 43.89 billion yuan (about $...

Mexican Expert Claims NAFTA Negotiations Bogged Down By Auto Rules Of Origin

According to reports in the Mexican media., there has been a slow down in the talks between the United States, Mexico and Canada on the North American Free Trade Agreement (NAFTA) deal because of disagreements in the negotiations to update automobile rules of origin which is one of the demands that...

Income inequality is rising in China once again

The period of decline in income inequality in China seems to be over. Without changing the situation, by 2030 this country will return to probably the highest in the world level of inequality, and will continue to increase it, the IMF states. The situation in China is distinguished by growth of...

IEA warns of a potential oil shortage

The International Energy Agency (IEA) said that demand for oil will be increasing steadily in 2019 due to the stability of the global economy, but the world may face a large oil deficit by the end of next year. Iran and Venezuela may lose almost 30% of their oil production next year, which will...

Chinese keep inflating housing bubbles

Many buyers from China looking to invest money, prefer some cities in the Pacific Northwest, as well as in Australia and New Zealand, apart from the world large cities such as New York and London. Property prices in many of them, for example, in Vancouver, have risen to unreachable levels for...
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