Daily Management Review
World & Politics

Iceland faces worst damage from volcanic eruption in half a century

According to Bloomberg, Iceland is expecting the biggest in fifty years devastation from a volcanic explosion in the southwest of the country. The volcano, which is situated north of the settlement of Grindavik on the Reykjanes Peninsula, started erupting on January 14. The infrastructure of the...

Hunter Biden pleads not guilty to tax charges

Hunter Biden, the son of US President Joe Biden, entered a not guilty plea to nine counts of omitting to pay taxes totaling at least $1.4 million. According to NBC News, Hunter Biden personally showed up for the court in Los Angeles, California, before District Judge Mark Scarsi. The hearing took...

Politico: Hungarian Prime Minister Orban may head European Council

If current European Council chairman Charles Michel steps down, Hungarian Prime Minister Viktor Orban might take over as interim leader, Politico reports. If Michel steps down in the summer of 2024, leaders of the EU would need to negotiate a replacement quickly. Since Hungary will take over the...

SCMP: China to develop its own private military companies to protect overseas projects

China plans to establish its own private military enterprises in order to guarantee the security of international projects in unfavorable parts of the globe, according to the South China Morning Post (SCMP) Hong Kong edition. West Asia, Africa, and Latin America are seen by Chinese authorities as...

China's state-owned companies ban their employees from using Apple tech

Bloomberg reports that managers of eight Chinese provinces' state-owned businesses imposed a restriction on their employees using Apple devices. According to Bloomberg, which cited sources, managers of Chinese state-owned businesses and government-backed organizations in eight Chinese regions has...

UN Climate Conference declares beginning of the oil era end

The two-week UN climate conference COP28 came to a close on Wednesday in Dubai, United Arab Emirates, with the acceptance of a document on the phase-out of fossil fuel use by 2050. The phrasing of the conference's final document, which addressed countries' intentions to stop using fossil fuels, was...

Bloomberg: Abu Dhabi becomes new destination for billionaires

Bloomberg reports referring to data cited by asset management consulting firm M/HQ that Abu Dhabi has emerged as a new refuge for millionaires. Currently, there are over 5,000 private enterprises registered in the ADGM free economic zone, up from 46 in 2016. According to the agency, the chance to...

The Improving Security Situation in Mozambique and its Possible Consequences

“Conditions to carry out economic activities do persist. We continue to invite businesspeople and investors to make the best use of this moment to resume their activities,” said the governor of Cabo Delgado, Valige Tauabo, quoted by Radio Mozambique, early October. After a spike in violence which...

Matthew Perry and Barbie become the most popular queries on Google in 2023

Google has released a list of the top search terms for 2023 as part of the Year in Search project. The Gaza Strip war was the year's major event; actor Matthew Perry was the most well-liked person to pass away; and the Barbie was the most often requested movie. Google released a list of the most...

Lula da Silva urges to prevent war in South America amid Guyana crisis

Brazilian President Luiz Inacio Lula da Silva appealed for the prevention of war in Latin America amid the territorial dispute between Venezuela and Guyana over the Esequiba region, as reported by Globo News on Thursday. Speaking about the territorial dispute between Venezuela and Guyana during the...
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