Daily Management Review
World & Politics

IEA expects the largest increase in renewable energy capacity in the world's history

The International Energy Agency (IEA) predicts that the global rise in new renewable energy capacity in 2023 will be the greatest ever, with more growth anticipated in 2024. The IEA stated in its Renewable Energy Market Update report that "against the backdrop of the global energy crisis, solar and...

China's youth unemployment rate hits record high

In April, China's urban youth (ages 16 to 24) saw a record-high jobless rate of 20.4%. The general unemployment rate for the same time period was 5.2%, thus the current figure is nearly four times higher. This, according to experts, is caused by the large number of recent graduates from...

G7 countries to speed up transition to clean energy

In order to address the current energy crisis, the G7 leaders decided to quicken the switch to renewable energy while bolstering economic stability, according to the communiqué from the Hiroshima summit. "We stress the real and urgent need and opportunity to accelerate the transition to clean...

French Parliament backs a bill to restart local nuclear power industry

The French National Assembly voted in favor of a plan that will restart the nation's nuclear power industry and enable it to build new reactors more quickly, as reported on the parliament website. The measure will streamline the application process for the six new nuclear reactors' building...

G7 Leaders Will Target Russian Energy And Trade In Fresh Sanctions Measures: Reuters

Leaders of the Group of Seven (G7) nations want to increase sanctions on Russia at their summit in Japan this week, including actions aimed at energy and exports assisting Moscow's war effort, claimed a report by Reuters citing information from officials with direct knowledge of the deliberations....

PwC being investigated for involvement in leaked Australian government plans

PricewaterhouseCoopers (PwC), a global consulting and auditing firm, is at the center of a significant scandal in Australia. The local PwC office probe may involve the federal police, the nation's Ministry of Finance stated on May 11. The probe focuses on disclosures of private preparations for...

Summit Statement Following G7 Meeting Will Target 'Economic Coercion' Of China: Reuters

Leaders of the Group of Seven (G7) countries are poised to highlight concerns about China's use of "economic coercion" in its dealings with other countries as part of their bigger joint statement next week, said a report from Reuters quoting information from US official involved with the...

In The Midst Of An Obesity Review, WHO Declares Wegovy And Other Weight Control Medications Are "No Silver Bullets"

According to the World Health Organization's nutrition chief, highly effective weight loosing medications like Novo Nordisk's Wegovy are not a "silver bullet" for tackling the sharp rise in global obesity rates, and that the organisation is conducting review of obesity management guidelines...

Number of hungry people in the world rises by third in one year

The number of people at danger of hunger increased by a third in a single year and reached 258 million. According to a research by the Global Network Against Food Crises (GNAFC), the number of individuals in 58 countries experiencing life-threatening hunger increased by a third in a single year....

Swiss Parliament upholds ban on Huawei technology use in critical infrastructure

A restriction on the use of technology directly or indirectly owned by foreign firms, notably the Chinese Huawei, was approved by the Swiss National Council. "Switzerland should be able to forbid foreign companies from providing digital components," reads the bill. The National Council approved the...
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