Daily Management Review
Economics

Second wave of the shale revolution in Alaska

Arctic territories are becoming incredibly attractive for world oil companies. Opposition from environmentalists and the presidential oil drilling ban did not scare oil companies away, the more so a study in Alaska revealed huge oil reserves. A new upsurge of interest to the region will contribute...

North Korea, France Keep Investors On Edge, Global Stocks Dip

A lengthening list of uncertainties for investors already on edge over tensions simmering from North Korea to France was further added another uncertainty by a snap general election call in Britain and shares and the dollar fell on Tuesday.   And after stocks weakened in Europe and Asia,...

Saudi Arabia airports going private

Saudi Arabia will transfer the country's airports to the National Welfare Fund by mid-2018 as part of nationwide privatization. The campaign is expected to diversify the economy due to the fall in oil prices that began in 2014, Bloomberg writes. Airports will be turned into companies before they...

Strongest Economic Growth Since 2015 Noted Ion China Driven By Steel And Stimulus

As higher government infrastructure spending and a gravity-defying property boom helped boost industrial output by the most in over two years, China's economy expanded faster than expected in the first quarter.   With forecast-beating March investment, retail sales and exports all suggesting...

Financiers Pour Billions Into U.S. Shale Undaunted By Oil Bust

Big new bets on the resurgence of the U.S. shale industry are being put by investors who took a hit last year when dozens of U.S. shale producers filed for bankruptcy.   According to financial data provider Preqin, noting nearly three times the total in the same period last year, private...

Ukraine To Move Its Entire ‘Electronic Data’ Onto Blockchain Platform With Bitfury, Marking the First Ever Country To Do So

The government of Ukraine moves towards an entire “secure government system built on the blockchain”. In an attempt to store a “sweeping range of government data” on a “blockchain platform” the government of Ukrain has joined arms with the “Bitfury Group”, the latter being a “global technology...

More Efficient Resource Management Can Add A ‘$2tr’ To The Economy Of The World

The cost that would go into keeping the effects of climate change at bay could be recovered by sustainable and efficient utilisation of global resources, shows recent IRP report. At present, if the world turns towards smarter as well as “more efficient” usage of natural resources, the coming...

The Continued Shift To Asia Explained By A Strategist As ‘Go East, Young Investor’

Michael Power, a strategist at Investec Asset Management, which manages $115 billion on behalf of third party clients thinks about gravity a lot.   And ‘Go east, young investor” are the four words that can sum up his advice on where to park some of that money.   "The center of...

16 countries most vulnerable to the export crisis

The world is gripped by an export crisis. Stagnation of world consumption and decline in commodity prices have led to increased instability and a decrease in security in countries that are highly dependent on exports. The origins of the export crisis lie in the economic recession experienced by the...

Christine Lagarde defines threats to world trade

Role of trade as a driver of global growth is threatened by slowing of trade reforms since the early 2000s and growth of protectionism after the financial crisis, says a joint document issued by the International Monetary Fund, the World Trade Organization and the World Bank, Reuters writes....
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