Daily Management Review
Economics

Electric Momentum Lifts Europe’s Auto Market Despite Policy Uncertainty

Europe’s new car market extended its recovery for a fifth consecutive month in November, with rising electric vehicle registrations providing the clearest source of momentum. While overall volumes remain well below pre-pandemic norms, the direction of travel has become more consistent, signalling...

Resilient Demand and Investment Keep U.S. Expansion on Track in the Third Quarter

The U.S. economy appears to have delivered another quarter of solid growth in the July–September period, defying predictions that higher prices, tighter financial conditions, and trade disruptions would trigger a sharper slowdown. While momentum has softened more recently, the third quarter itself...

Monetary Turning Point Sends Precious Metals into Uncharted Territory

Gold’s surge beyond the $4,400-an-ounce threshold marks more than a dramatic price milestone. It reflects a deep shift in how investors are reading the global monetary cycle, inflation risks and geopolitical uncertainty. The rally that has carried gold and silver to record levels is being driven...

Trade Retaliation Broadens as Beijing Targets Europe’s Dairy Supply Chain

China’s decision to impose provisional duties of up to 42.7% on selected dairy imports from the European Union marks a significant escalation in a trade dispute that has steadily widened beyond its original focus on electric vehicles. While framed formally as the outcome of an anti-subsidy...

Structural Pressures Keep the Dollar on the Defensive as 2026 Approaches

The U.S. dollar is closing out one of its weakest years in nearly a decade, and while recent months have brought a modest stabilisation, currency markets are increasingly convinced that the broader downtrend has not run its course. The forces that dragged the dollar lower over the past...

US Federal Reclassification Reshapes Cannabis Economics but Leaves Consumer Reality Largely Unchanged

Donald Trump’s directive to move cannabis into a less restrictive federal drug category marks the most significant shift in U.S. marijuana policy in decades. Yet for consumers, the change is less about sudden freedom and more about slower, structural adjustments that could reshape prices, product...

Advance Commitments Push Biowaste Carbon Removal Toward Commercial Scale

A growing push by technology companies to secure long-term carbon removal capacity is reshaping how early-stage climate solutions are financed and brought to market. The latest backing for a biowaste-based carbon removal firm highlights how advance purchase agreements, corporate climate pressure...

Germany to increase government bond issuance to record €512 billion in 2026

Germany plans to boost its government bond issuance to an unprecedented €512 billion in 2026 to finance substantial infrastructure and defense expenditures. The issuance volume is set to rise by 20% relative to this year's figure (€425 billion). The former record of €500 billion was established in...

WSJ: Venezuelan black market oil trade estimated at $8 billion

The Wall Street Journal reports, referencing expert assessments, that 70% of Venezuela's oil shipments are transported by tankers affected by US sanctions. The day prior, Donald Trump mandated a "full and total blockade" of all sanctioned oil tankers going to or coming from Venezuela. He also...

Marshall Islands are the first in the world to begin paying universal basic income in cryptocurrency

Officials in the Marshall Islands have initiated a basic income (UBI) scheme, according to The Guardian. Through the program, each resident of the Marshall Islands will obtain around $200 every three months. Payments were initially distributed at the end of November, and recipients had the option...
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