Daily Management Review
Economics

More U.S. districts note slowdown in economic activity

According to a regional assessment released by the Federal Reserve (Fed) on Wednesday, dubbed the Beige Book, most US regions' economies grew at a weak (slight) or modest (mild) pace between late May and early July. Out of the twelve districts, seven indicated increased activity, and three more...

Global investment banks lower forecasts for China's GDP in 2024

International investment banks downgraded their projections for the Chinese economy in 2024 following the release of less encouraging than anticipated data regarding the dynamics of the Chinese GDP for the second quarter, reports MarketWatch. The State Statistical Office of China stated that the...

Japan Discovers A "Stealth" Remedy For Zombie Companies: Allow Them To Collapse

Hitoshi Fujita's firm was essentially a typical mom-and-pop enterprise producing metal parts for the most of its 72-year existence. After then, it took an uncommon step for a tiny Japanese manufacturer: it grew, acquiring two nearby businesses in the previous ten years.   According to...

Gaza ceasefire talks to resume in Qatar this week

Israeli media said that negotiations on a cease-fire in the Gaza Strip and the release of Israeli detainees will pick back up this week, with negotiating teams predicted to land in the capital of Qatar as early as July 15. The radical Palestinian organization abandoned its earlier demand for the...

Trillions Of Dollars Are Expected To Be Left To Women As Part Of The Massive "Horizontal Wealth Transfer"

According to a recent estimate, up to $9 trillion is anticipated to be transferred to spouses and partners in the future years as part of a phenomenon known as "the horizontal wealth transfer."   It is anticipated that elder generations and ageing baby boomers would donate $84 trillion in...

Japan Increases Its Yen Warnings, And Indicators Point To Possible Action

Japan's top currency envoy resumed his jabbering on Friday, announcing that authorities will intervene in the foreign exchange market if needed after the yen's overnight surge sparked concern.   According to statistics from the Bank of Japan (BOJ) that was made public later on Friday, Japan...

Lithuania becomes one of the first EU countries to introduce cryptocurrencies licensing

Lithuania has tightened regulation of cryptocurrencies and businesses that deal with crypto-assets and instituted licensing in this domain. The pertinent legislative changes, notably to the statute pertaining to cryptocurrency markets, were approved by the Lithuanian Seimas on Thursday. The...

Bank of England notes significant progress in fighting inflation

The British Central Bank's senior economist, Huw Pill, told the Financial Times that the Bank of England is still making "substantial progress" in the fight against inflation. Simultaneously, he observed that core inflation retains its "discomfortingly resilient" nature, given the rate of wage...

World's Lithium Industry Is Interested In Testing Out Argentina's Salt Flats

Salty brine drawn from far below the earth's surface fills a large tank two floors high with black tubes in an arid plain in the highlands of northern Argentina.   The brine includes lithium, a silvery white metal that is in great demand as the globe moves towards renewable energy sources...

Prospects Of A Rate Drop Might Boost US Equities While Investors Wait For Earnings And Elections

Following a surge in U.S. equities, which might soon be put to the test by impending corporate earnings reports and escalating political unpredictability, the likelihood of short-term interest rate reductions is supporting the argument for investors to be positive.   With Fed Chair Jerome...
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