Daily Management Review
Economics

Fear Of Disruption Of Global Supply Chains Following China's New Covid Lockdowns

A range of global companies – ranging from Apple supplier Foxconn to automakers Toyota and Volkswagen, have been forced to halt some of their operations in China because of the country’s latest measures to control the most recent Covid-19 outbreak which is the largest in the last two years. This...

Russia Urged Deeper Indian Investments In Its Oil And Gas Industry

Russia wants much more Indian investments in its oil and gas sector which have been severely hit by sanctions from Western countries. Moscow is also interested in expanding the sales networks in India, Asia’s third largest economy, of its companies.   The uncalled for invasion of Ukraine by...

More Russians Use VPN Since Ukraine Invasion To Skirt Government Internet Control

Russians are using virtual private networks (VPNs) to get past the country's rising internet restrictions in the aftermath of the invasion of Ukraine.   VPNs can mask a user's online identity and location, allowing them to access restricted websites and services.   According to...

Gasoline prices in Australia hit eight-year high

According to the Australian Competition and Consumer Commission, the price of gasoline in Australia has risen to its highest level in eight years as a result of Russia's special operation in Ukraine and other factors (ACCC). The commission said in a statement that "Russia's invasion of Ukraine and...

Russia Faces A Critical Debt Repayment Deadline And Potential Rate Hike By Central Bank

Next week, the price that Russia will be paying for its invasion of Ukraine will become further evident, with a hitherto inconceivable sovereign default approaching, additional emergency central bank measures expected, and a stock market fall assured if the market reopens.   The West...

50% Of Global Production Of Neon For Chips Halted By Ukraine: Reuters

Ukraine's two largest neon producers, which manufacture over half of the world's supply of the critical component for chip manufacturing, have ceased operations as Moscow intensifies its pressure on the nation, threatening to boost costs and exacerbate the semiconductor shortage.   According...

As The Ukraine Crisis Rages, EU Seeks To Reduce Reliance On Imported Chips, Food, And Raw Materials

Leaders of the European Union will announce on Friday that they aim to reduce their reliance on global suppliers of food, microprocessors, pharmaceuticals, raw resources, and digital technologies, as Russia's invasion of Ukraine has provided yet another reason for the EU to become more...

U.S. inflation hits 40 years record

Annual inflation in the U.S. in February reached 7.9%. This is the highest in the last 40 years - since January 1982. Annual inflation in the U.S. reached 7.9 percent in February 2022, according to data released Thursday by the nation's Labor Department. This is the highest since January 1982,...

Congress approves USA budget through the end of the fiscal year

The U.S. House of Representatives has approved a $1.5 trillion bill to fund the federal government through fiscal year 2022, including $13.6 billion in military and humanitarian aid to Ukraine. Following the vote, the document goes to the Senate for approval, after which it will go to U.S....

Eurofer: Skyrocketing energy prices threaten local industries

Hopes for lower energy costs have faded due to events in Ukraine, jeopardizing viability of many industrial operations, according to a joint statement from European industrial energy consumers, including cement, steel and metals associations. "European industrial energy consumers are calling for...
1 ... « 101 102 103 104 105 106 107 » ... 390