Daily Management Review
Economics

A New Report Estimates That Blockchain Could Save The Banks Almost ‘$12 Billion’ Annualy

Adapting blockchain technology could reduce operating costs for the banks and investments firms, take over some back-office management, while the failure on the front of wide-spread acceptance of the technology, will reap no benefit. An Accenture report stated that the technology of Blockchain...

Here is Why There Can be a Rebound in Gold Prices

Ever since the rally in global stocks and dollar following Donald Trump's victory in the U.S. elections, gold prices have been under pressure. And reflected in the recovery of gold prices is the scaling back of optimism that emerged shortly after the U.S. elections, says a report from UBS.  ...

Following the Brexit Vote, the UK Economy is not Showing Signs of a Slowdown

With a better-than-expected set of growth figures for the fourth quarter, the British economy showed no signs of losing momentum at the end of 2016.   Preliminary figures by the Office for National Statistics showed on Thursday morning that the U.K.'s gross domestic product rose 0.6 percent...

EIU Report Warns that US is no Longer a Full Democracy

According to the Economist Intelligence Unit (EIU), for the first time in the history of the country, the United States has been demoted from a full democracy to a flawed democracy.   The firm uses a number of indices to identify how democratic a country is. Such indices are marked on the...

Despite Risks Posed by U.S. Protectionism, Japan Notes Uptick in Exports for the First Time in 15 Months

Even as U.S. protectionism threatens to hurt trade across the region and dent external demand, in a positive sign for the export-reliant economy, Japan's exports rose for the first time in 15 months in December on strong sales of electronics and car parts.   Compared with a 1.2 percent...

The Eurogroup will decide on fate of Greece's debt

At the meeting of 26 January Eurogroup is going discuss Greece’s progress on its way to economic recovery. At the meeting, the ministers will talk over all possible risks that may hinder the country to repay the bailout loan. Greece's current debt amounts to € 320 billion. This is almost twice...

The ‘Slashing Agricultural Economy’ Of The U.S. Mourns The Exit From TTP

The farmers and agricultural trade unions of the U.S. are facing “new threats” as President Trump signs out of the deal, while others see China taking its place in the deal. The U.S. President Trump’s step of quitting the TTP deal, which erstwhile provided the U.S. farmers a market of “$62...

Engaging In A ‘Trade War’ Won’t Be Healthy Either For China Or The U.S.

Experts’ opinion asks both China and the U.S. to maintain “positive trade relations” for avoiding troubles. Musing over the issues of “protectionist” along with the “anti-China stance” of President Trump, the People's Daily, which is an “overseas edition of the state”, reported that the trade...

Samsung Announces Share Buyback and Q4 Operating Profit Rise by 50% on Year

Fallouts of investigations of its senior executives in an on-going corruption scandal and from a massive product recall of its Galaxy Note 7 handsets were cushioned as Samsung's profits jumped 50 percent on-year in the fourth-quarter, as a diverse business portfolio helped in the cushioning....

Without an Act in Parliament, Government Cannot Trigger Article 50, U.K. Supreme Court Rules

The U.K. Supreme Court has ruled that the government needs to get permission from the parliament on whether the government can start the Brexit process.   Although this is expected to happen in time for the government's 31 March deadline, Theresa May cannot begin talks with the EU until MPs...
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