Daily Management Review
Economics

The EV Revolution Being Driven By 'Humble And Hidden' Auto Suppliers

Although the transition to electric vehicles may pose an existential danger to providers of combustion engines, auto parts companies like TE Connectivity face the problem of keeping up with demand.   It creates the connectors that connect miles of wires in automobiles to everything...

Bitcoin And The Likes Are No More Anonymous Enough For Some Crypto Users

An increasing number of crypto users who are looking out for more secluded transactionsw think that bitcoin is just not anonymous enough for them.   As bitcoin matures and moves closer to mainstream banking, a risky category of crypto dubbed as privacy coins has discreetly been making...

China Apparently Prefers Commercial Relations With West Than Russia Over Ukraine War

China's President Xi Jinping may be forced to decide to choose between a long-standing lucrative trading relationship with the West and a developing strategic connection with Moscow, following a warning from the US President Joe Biden to China of "consequences" if any aid...

Germany’s Finance Minister Calls For Resumption Of Negotiations On Transatlantic Trade Agreement

According to a newspaper report, a call for fresh talks and negotiations on a free trade agreement between the European Union and the United States has been issued by Germany's finance minister. This call is being viewed as an effort to restart talks over the trade deal that was...

Potential Impact Of Fed Rate Hike On US Consumers

The American central bank, the  the Federal Reserve, ultimately raised its short-term interest rates by a quarter of a percentage point, signalling that it will further raise the rates even higher in the coming months to address rising rates of inflation. It...

Continuation Of The War Could Shrink Ukraine Economy By As Much As 35%, Warns The IMF

If the war with Russia continues for some more time, the Ukrainian economy could contract by more than a third this year, according to the estimates of the International Monetary Fund.   According to the international financing organisation, the country is already seeing a 10 per...

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...
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