Daily Management Review
World & Politics

Japan's Finance Ministry confirms first intervention in the foreign exchange market since 2022

According to CNBC, data from the Japanese Finance Ministry released on Friday verified that the foreign exchange market had been intervened in to lessen the yen's slide. The Japanese government purchased currency with 9.79 trillion yen ($62.25 billion) between April 26 and May 29. The ministry...

FT: NATO has only 5% of necessary air defense capabilities to defend Europe

Less than 5% of NATO members possess the air defense capabilities required to defend Eastern and Central European nations from a full-scale attack, writes the Financial Times citing people who are aware of the alliance's preparations. According to a senior NATO diplomat, NATO's strategy to prevent...

At Trilateral Summit China Urges South Korea, Japan, And Taiwan To Oppose "Protectionism" 

China asked South Korea and Japan during a trilateral conference in Seoul on Monday to support free trade and reject "protectionism."   During his meeting with South Korean President Yoon Suk-yeol and Japanese Prime Minister Fumio Kishida, Chinese Premier Li Qiang expressed his opposition to...

Muslim countries welcome three European countries’ decision to recognize Palestine

A number of Muslim nations applauded Norway, Ireland, and Spain for their decision to recognize Palestine as an independent state. "International law, jurisprudence, and justice require the recognition of Palestine," the Turkish Foreign Ministry said in a statement released on Wednesday. "God...

Slovak authorities say Fico's condition critical after assassination attempt

According to Slovakia's interior minister, the prime minister is still undergoing surgery and is in a critical situation. Slovakia's Interior Minister Matúš Šutaj Eštok stated during a briefing that Prime Minister Robert Fico is still receiving surgery and is in a critical condition. "The prime...

Axios: The US has suspended ammunition shipments to Israel

According to Israeli officials cited by Axios portal, U.S. President Joe Biden's administration halted the transfer of ammunition developed in the United States to Israel. This is the first suspension of this kind since Hamas attacked Israeli territory in October 2023, writes Axios. The Israeli...

The Sun: The UK sends the first deported migrant to Rwanda

The first migrant to be denied asylum has been expelled by the UK government and sent to Rwanda, according to sources cited by The Sun. The article said that the refugee had fled the nation of his own free will. The government gave him 3,000 pounds sterling to cover his relocating costs. He had...

G7 countries to increase electricity storage sixfold by 2030

The Financial Times writes that the G7 nations will decide this weekend to set a global goal to double the amount of electricity stored globally by six times by 2030 as opposed to 2022. The move is required to make up for potential disruptions in the supply of electricity as countries transition to...

SIPRI reports record global military spending in 2023

According to a survey by SIPRI, global defense spending hit another high in 2023. The Stockholm International Peace Research Institute (SIPRI) reports that total military spending worldwide grew to $2.443 trillion in 2023, an increase of 6.8% in real terms from 2022.  According to SIPRI's...

Dubai Airport to fully restore operation within 24 hours

Majed al-Joker, the airport's chief operational officer, was quoted in the Emirates 24/7 daily as saying that Dubai International Airport will resume regular operations in a day. "Within the next 24 hours, Dubai International Airport (DXB) will reopen for regular business. This denotes a return to...
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