Daily Management Review

DMR

Don't Miss

Goldman Sachs obliges its employees to get permission to travel to Paris during the Olympic Games 2024 04/30/2024

With Banks Retreating, Chinese Companies Go "Underground" About Payments To Russia 04/29/2024

Market For Digital Ads Is Now Recovering, Emerging From The "Dark Days" Of 2022 04/29/2024

Economics

Business & Finance

Management

World & Politics

Science & Technology

Art & Art Market

World & Politics

Japan may raise tobacco tax

According to NHK television, Japan's government may increase taxes on tobacco products and e-cigarettes to cover the budget gap required to increase defense spending to 2 percent of GDP by 2027 and to use a portion of the proceeds from the reconstruction tax enacted to aid in the nation's recovery...

Court in Paris rules to recover $1.3 billion from Russia in favor of Ukraine

The Paris Court of Cassation overruled a ruling by the city's Court of Appeal 2021 and ordered Russia to pay $1.3 billion to Ukraine's Oschadbank. The appeals court "overturned the March 30, 2021 ruling of the Paris appeals court," the document's wording states, and determined that the money...

U.S. to sell parts and equipment for fighter jets to Taiwan

According to a statement from the US Department of Defense, sale of aircraft components and associated equipment to Taiwan for around $330 million has received approval from the US State Department. "The State Department has issued a decision authorizing potential overseas military sales to...

Iranian authorities promise to change Hijab Law after protests

The country's attorney general declared that Iran will do away with the morality police and amend the rule requiring women to wear the headscarf. Iran will amend its law requiring the hijab, according to Mohammad Jafar Montazeri, the country's attorney general. The attorney general stated that...

Risk Of Drying Up Of Crypto Political Funding In The US After FTX Collapse

Sam Bankman-Fried (SBF), the founder of the collapsed crypto exchange FTX, was a major political donor in the United States. His once deep pockets primarily supported Democratic candidates and campaigns, but that may be changing now. The landscape of pro-crypto candidate funding in the...

US Senate approves bill to protect same-sex and interracial marriages

The US Senate approved The Respect for Marriage Act. It makes sure that interracial and same-sex marriages are recognized by federal law. With 49 votes in favor, the Democratic Party provided the majority of the support for the bill. Twelve senators from the Republican Party supported it. The...

China May Reopen In March, But Zero-Covid Has Rattled Supply Chain Confidence, Say Economists

While Chinese authorities may gradually ease restrictions in March, zero-Covid policies are beginning to erode global trust in the country's industrial supply chains, according to Li Daokui, Mansfield Freeman professor of economics at Tsinghua University in China. According to Li, a former...

UN proposes record amount for humanitarian aid

According to papers on its website, the UN has suggested allocating the greatest sum ever for humanitarian needs next year. $51.5 billion, a 25% increase from the start of this year, could be set aside for this purpose, according to the UN Office for the Coordination of Humanitarian Affairs paper....

Demonstrations Against Covid Restrictions Erupting Throughout China

Rare uprisings happened all across China during the weekend as people let out their displeasure with the zero-Covid policy of the Chinese government. The unrest occurred as infections increased, necessitating increased local Covid controls, while a central government policy...

NYT: Two-thirds of NATO countries ran out of weapons for Ukraine

Small NATO members are no longer able to provide Ukraine with weaponry, a source told The New York Times. He claimed that while the stockpiles of 20 of the alliance's 30 member countries are "nearly at zero," the remaining 10 can still produce further weapons. France, Germany, Italy, and the...