Daily Management Review
Economics
At The Cusp Of ‘Radical Change’, New Zealand’s First Attempt At Regulating The Blockchain Technology

At The Cusp Of ‘Radical Change’, New Zealand’s First Attempt At Regulating The Blockchain Technology

Too much regulation takes away the benefit of blockchain technology, while too little of it also creates problems, says experts. The empowering technology of Bitcoin and other crypto-currencies, Blockchain, gracefully transforms the purchase culture, business transactions and other fields of daily...
Gas export from the United States exceeded imports for the first time in 60 years

Gas export from the United States exceeded imports for the first time in 60 years

Volume of US exports of natural gas exceeded its imports for the first time in nearly 60 years. This was reported by The Wall Street Journal. The publication cites S&P Global Platts American research company, according to which, the US exported an average of 210 million cubic meters of natural...
Italy’s Foreign Minister says the Country not Heading for Catastrophe

Italy’s Foreign Minister says the Country not Heading for Catastrophe

Italy's foreign affairs minister has told CNBC in an exclusive interview that concerns that Italy is headed for catastrophe in the case of a destabilizing outcome from the referendum to be held Sunday are misplaced.   Increasing market fears of a potential default are only...
$35 Billion Bank Bond Swap said to be Entailed by Greek Debt Relief Plan

$35 Billion Bank Bond Swap said to be Entailed by Greek Debt Relief Plan

Under a euro-area plan to shield Athens from future interest rate increases, Greece’s battered banks are being asked to swap about 33 billion ($35 billion) euros in floating-rate bonds for 30-year, fixed-rate securities, three people with knowledge of the matter were quoted in the media.  ...
Brexit may take a decade and lead to decrease in the population's real income

Brexit may take a decade and lead to decrease in the population's real income

British investment bankers interviewed by Bloomberg believe that Brexit may take a decade, if we talk about the structural changes that are bound to occur in the British economy. In turn, analysts of the British Institute of Financial Studies point out that the British will have to come to terms...
No Indication of Trump Taking U.S. out of WTO as of yet, says WTO Chief

No Indication of Trump Taking U.S. out of WTO as of yet, says WTO Chief

He had no indication that U.S. President-elect Donald Trump wanted to withdraw the United States from the World Trade Organization, said the chief of the global trading body, Roberto Azevedo on Thursday.   "I think that at this point in time what we have to do is be ready for a...
Higher Forex Reserves Despite Ringgit Support Shown by Malaysia Central Bank

Higher Forex Reserves Despite Ringgit Support Shown by Malaysia Central Bank

A $500 million question making the rounds of the global banking industry is how Malaysia's central bank managed to simultaneously increase its foreign exchange reserves and meddle in markets to support its currency.   The ringgit was particularly hard hit in the "Trump tantrum" of emerging...
On Eve of Trump Presidency, U.S. Economy Strengthening, Shows Data

On Eve of Trump Presidency, U.S. Economy Strengthening, Shows Data

In the latest indication of an acceleration in economic growth early in the fourth quarter, driven by rising demand for machinery and a range of other equipment, new orders for U.S. manufactured capital goods rebounded in October.   This month, following the election of Donald Trump as the...
Norwegian government wants Big Oil to stay in the country

Norwegian government wants Big Oil to stay in the country

For a long time, oil production on the Norwegian continental shelf has mainly been a privilege of large foreign companies and Statoil, a major player in the country’s market, which produces about 70% of the Norwegian oil. However, two years of low prices have changed the situation. Assets in the...
Currency reform in India leads to poverty

Currency reform in India leads to poverty

There are long queues of people who want to exchange obsolete money for new in India. The government decided to withdraw large bills from circulation, which led to panic among the population, Bloomberg reports. According to the publication, Indian government's decision to terminate circulation of...
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