Daily Management Review
World & Politics

Deutsche Bahn plans to provide extra support to Ukraine

In conjunction with the German government, Germany's DB Cargo, a part of railway conglomerate Deutsche Bahn, aims to give Ukraine extra support for grain exports, said DB Cargo's CEO Sigrid Nicutta, made the announcement. "We at DB Cargo will coordinate with the federal government to arrange...

South Korea says it will participate in U.S. regional economic structure

South Korean President Yoon Suk-yeol announced the country's participation in the Indo-Pacific Economic Framework (IPEF) of the U.S. The statement was made following talks with U.S. leader Joe Biden on Friday.  Yoon Suk-yeol stressed the importance of the Indo-Pacific region to both...

Gas Flows To Finland Halted By Russia Due To Payments Dispute

Russian gas deliveries to Finland were blocked on Saturday, according to the Finnish gas system operator. This is the latest escalation between Russia and the West over energy payments. The gas was being supplied by Russia's Gazprom.    Because of sanctions imposed over Moscow's...

Canada bans use of Chinese Huawei and ZTE products in the country

Minister of Innovation, Science and Industry Fran├žois-Philippe Champagne announced that Huawei and ZTE, two Chinese telecommunications companies, will no longer be used in Canada. According to reports, Ottawa will exclude Huawei from participating in the development of a national 5G communications...

Germany Will Not Support EU Green Investment Label For Nuclear Power Plants

The German government announced on Monday that it will oppose European Union plans to include nuclear energy as a sustainable investment in its "taxonomy" scheme for labelling green projects.   Brussels is seeking permission from EU members and the European Parliament for a plan to classify...

Turkey raises minimum investment threshold for citizenship by 60%

Turkey has raised by 60% the minimum amount of investment in real estate required to obtain citizenship. Turkey has increased the amount that foreigners must invest in real estate in order to qualify for citizenship, Bloomberg writes. Now the minimum investment threshold is $400,000 instead of...

Moldova asks EU for extra financial support

Because of the energy and economic issues, Moldova's president, Maia Sandu, has requested further financial assistance from the European Union for the country's budget. "We continue to request greater budget support from the EU in the face of growing prices, particularly in the context of rising...

Japan passes economic security law

Japan's upper house of parliament passed the Economic Security Law by a majority vote, signaling its adoption by the country's parliament. The vote was broadcast live. The law defines "important goods" and aims to provide the public and the economy with stable access to them and infrastructure,...

China warns of "difficult and serious" labor market situation due to COVID-19

China will face a "difficult and serious" labor market situation because of sweeping restrictions designed to contain new COVID-19 outbreaks, China's premier warned. Chinese Premier Li Keqiang warned of a "difficult and serious" labor market situation in the country. This is because of the new...

WHO notes 15M excess deaths from COVID-19 worldwide in two years

WHO has estimated the number of excess deaths from the coronavirus worldwide at nearly 15 million over two years. This is more than double the number of COVID-related deaths officially reported worldwide. The World Health Organization (WHO) has estimated that there were about 14.9 million excess...
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