Daily Management Review
Economics

Trump Concedes Americans Bear Tariff Costs While Upholding Policy’s Strategic Value

President Donald Trump for the first time acknowledged that U.S. consumers are “paying something” for the tariffs his administration has imposed, even as he maintained that the overall impact of his trade policy remains favourable to Americans. The moment represents a subtle but significant...

Tariffs Bite Deep as U.S. Demand Collapse Triggers China’s Sharpest Export Slump Since February

China’s export engine hit an unexpected wall in October, marking its steepest monthly decline since February and underscoring how exposed the country remains to the U.S. market despite years of diversification. Shipments abroad shrank for the first time in months, dealing a blow to Beijing’s hopes...

Norway's sovereign wealth fund suspends the sale of shares in "unethical" companies following US outrage

The Norwegian parliament has decided to pause the "ethical" process of selling shares in the country's sovereign wealth fund, according to Bloomberg. This decision will allow the fund to keep its investments in Microsoft Corp. and Amazon.com Inc., as their connections to Israel's military...

Bloomberg: Chinese companies are refusing to purchase Russian oil

Chinese oil refineries are declining to buy oil from Russia after the US and other nations imposed sanctions on Russian oil firms, according to Bloomberg, referencing traders. State-owned behemoths like Sinopec and PetroChina Co. have opted for this course of action, according to the agency....

Lagarde: The ECB is in a good position regarding monetary policy

The European Central Bank (ECB) is still in a strong position to maintain its current approach to monetary policy, said ECB President Christine Lagarde after the October meeting. She made this point during various press conferences, highlighting the ECB's capability to manage both potential...

Trump’s Nuclear Testing Push Rekindles Cold War Anxiety and Political Turmoil in Washington

President Donald Trump’s surprise directive for the U.S. military to “start testing our Nuclear Weapons” has unleashed a storm of fear, confusion, and geopolitical concern across Washington and allied capitals. The late-night social media post, which instructed the Pentagon to begin testing “on an...

Global Central Banks Embrace Cautious Pause on Rate Cuts as Risks Loom

Major central banks around the world are increasingly signalling a cautious stance towards further interest‐rate cuts, even as economic growth softens and inflation edges lower. The pivot by the Federal Reserve in the United States toward caution has been mirrored by a broader convergence of...

China Deepens Economic Rebalancing as Push for Consumption Takes Center Stage

China is signaling a decisive shift in its economic direction as policymakers prepare to anchor the next phase of growth around domestic consumption rather than investment and exports. After decades of relying on capital spending and foreign demand to fuel expansion, Beijing now faces the limits of...

US Fed’s Reluctant Rate Cut Marks Turning Point as Powell Signals End of 2025 Easing Cycle

The Federal Reserve lowered its benchmark interest rate by a quarter-point for the second consecutive meeting, but Chair Jerome Powell emphatically signalled that further reductions this year are far from assured. The move reflects a deepening tension between the central bank’s twin mandates of...

Japan’s Energy Calculus: PM Takaichi Rebukes U.S. Request to Shun Russian LNG Imports

Japan’s new Prime Minister Sanae Takaichi firmly resisted U.S. pressure to halt imports of Russian liquefied natural gas (LNG) during her first high-level meeting with President Donald Trump in Tokyo. The exchange highlighted Japan’s delicate balancing act between maintaining alliance solidarity...
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