Daily Management Review
Economics

Next year U.K Households Should Expect Sharp Rise in Inflation, Warns Bank of England

As the weak pound ramps up the costs of imports and squeezes family finances, the Bank of England has warned U.K. households to expect a sharp rise in inflation next year.   Noting a higher rise than in its last set of forecasts three months ago, the Bank said inflation would rise from 1.3%...

As Saibor Tumbles the Most Since 2009, Saudi Bank Squeeze Eases

There are signs of easing of the worst cash squeeze at Saudi Arabian banks ever since the financial crisis.   In a sign that government measures to alleviate a liquidity shortage are working, there was a significant drop which is by far the most in more than seven years in a key...

Venezuelans Start Weighing Piles of Cash Instead of Counting Them

While replacing with a stack of bolivar notes handed over by his customer for slices of salty white cheese, Humberto Gonzalez weighs the bills instead of counting them. Gonzalez owns a a delicatessen counter in eastern Caracas and he weighs the Bolivian currency because it is so devalued and each...

Inflation Misses Forecasts in Euro Zone as it sees Moderate Uptick in Growth

Allying fears that were expressed by analysts and market watchers months back, data from the European statistical office shows that the euro zone has continued growing at a moderate pace in the third quarter of this year.   Compared to the figure in the second quarter of this year, there was...

EU's Malmstrom says EU, U.S. Trade Deal Not Dead Yet

EU Trade Commissioner Cecilia Malmstrom said that negotiations will continue with the new U.S. administration after November's elections and the much-debated trade deal between the European Union and the United States is not dead.   After resistance from Belgian local governments led to a...

Deadlock Over EU-Canada Trade Pact Broken by Belgium

After internal divisions in just one country threatened to block the European Union of 500 million people sealing the landmark deal, Belgium’s regions agreed to a free trade pact with Canada ending weeks of uncertainty.   The regions and linguistic communities had drafted a four-page...

‘So Far No Sign Of Financial Stability Risks’

Third quarter report of European Bank show positive results for some. Reports on Reuter show that in an environment set by “low interest rate”, the bank of Europe began to report the results of “third quarter”, whereby Laura Frykberg informed that “Lloyds Banking Group” came as a surprise to many,...

World Bank Terms New Zealand As The ‘Easiest Country’ For Conducting Businesses

Annual update on the list of World Bank observes new movements in their positions. Pushing out Singapore off the list, New Zealand occupies the place of the country wherein it is “easiest” to do business as per the “World Bank's latest rankings”. Moreover, many “emerging market countries” also...

Doing Business: New Zealand is the most comfortable for entrepreneurship

Doing Business ranking includes 190 countries. The rating ranges its participants not only from the 1st to 190th place. IFC also counts absolute result close to optimum performance. A high score indicates an efficient environment for business and more robust legal institutions. Positions of the...

Population ageing lowers economic growth and quality of life

Aging population is a problem of economies with a combined share of 78% of world GDP (64% of GDP at purchasing power parity), believe analysts of Morgan Stanley. Global growth of the working age population is slowing down. In 2016 it was 1% against 1.6% on average annually over the previous 20...
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