According to The Financial Times, Italy is pressing charges against the rating agencies S&P and Fitch on the fact that they have caused undue damage in the country in 2011 and 2012. Italian rating in those years, according to prosecutors, was established unfairly by the agencies, and this led to...

Lagarde warns about the brooding risks that are likely to hamper economic growth. The managing director of “International Monetary Fund”, Christine Lagarde addresses the crowd gathered at the annual meeting of “IMF-World Bank” that took place in the U.S capital Washington D.C. on the 30th of...

Prices in premium segment of the London real estate market decreased by 0.4% in the third quarter, according to the estate agency Savills Plc. After raising the stamp duty in December last year to 12% when buying a home worth more than 1.5 million pounds ($ 2.3 million), demand in this segment...

New derivatives rules to set guidelines in swap transactions between banks and its affiliates, said Wall Street. Following a “debate among regulators” that took place over the discussion regarding the shifting of tough provisioning “in banks’ favour”, the Wall Street goes closer to the ridge of...

The second quarter growth of U.S GDP presently surpasses most estimates. Following the weak beginning of the year for the U.S, whereby the “three months to June” had set a weak trend. However, surprising all expectancy, the economy of America has “bounced back more strongly”.   The second...

The gross value of financial assets of the world's population in 2014 increased by 7.1% and reached a new record - 135.7 trillion euros against 126.8 trillion euros a year earlier, while the number of people, belonging to the middle class in terms of welfare, has surpassed 1 billion. It is noted in...

The O.N.S data reveal that the growth figures of the U.K are showing “upwards revision” in a significant manner. Dailymanagementreview.com – 25 September 2015 – O.N.S data is out which brings good news to United Kingdom. The quarterly report of the “Office for National Statistics” or the O.N.S has...

New set of regulatory laws that affect the banks in their bonds and equity capitals has been approved in their draft forms. Dailymanagementreview.com – 25 September 2015 – A new agreement regarding equity and bond capitals are in the draft form. The upcoming set of rules will “require” nearly all...

A poll conducted on 29 economists by news agency Reuters claimed that the official manufacturing Purchasing Managers' Index (PMI) of China for September is forecast to inch down to 49.6 from August's 49.7, according to the median forecast of the analysts. This, the likely consecutive second...