Daily Management Review
World & Politics

USA: We cannot exclude Russia from IMF

Head of the U.S. Treasury admitted that it will not be possible to exclude Russia from the IMF. Russia cannot be excluded from the International Monetary Fund (IMF), according to US Treasury Secretary Janet Yellen. "Russia is a member of the IMF... The majority of IMF members agree that Russia's...

UN Commissioner: 4 million people fled Ukraine since February 24

The number of refugees who left the territory of Ukraine after February 24 exceeded 4 million people, the UN estimated. This is almost a tenth of the country's population. The vast majority of Ukrainians (2.3 million people) moved to Poland. The number of refugees who have left the territory of...

Israel and Turkey to build a bypass gas pipeline

Israel and Turkey are discussing construction of a pipeline to Israel's Leviathan field as an alternative to Russian gas supplies to southern Europe. Decisions on the route and participants could emerge in the coming months, Reuters reported, citing the countries' representatives. "The...

Houthi Rebels Attack Saudi Aramco Petroleum Storage Site

Yemen's Houthis said they started strikes on Saudi energy infrastructure on Friday, while the Saudi-led coalition said an attack on oil giant Aramco's petroleum products distribution station in Jeddah caused a fire in two storage tanks but no injuries.   An eyewitness reported seeing a...

WTO head warns of risk of hunger riots due to rising food prices

In an interview with the Guardian newspaper, Ngozi Okonjo-Iweala, Head of the World Trade Organization (WTO), claimed that rise in global food prices due to the situation in Ukraine could cause unrest among hungry people in developing nations. "This year and next, the impact (of the situation in...

Drone attacks oil refinery in Saudi Arabia

A drone targeted an oil refinery in Saudi Arabia's capital, Riyadh, on Thursday, causing a small fire, according to the Saudi news agency SPA, quoting an official from the energy ministry. The attack happened on Thursday morning, according to a ministry official. There were no casualties or...

Norway: Gas supplies to Europe are at maximum capacity

Norway is exporting gas to Europe at maximum capacity, Prime Minister Jonas Gahr Støre said at a press conference on Tuesday, March 8. He was broadcasted on the government website. "Norway is supplying gas at its maximum capacity," the politician said. It is also noted that now Norway can...

Politico: US plans to introduce legislation to ban Russian oil imports

Democratic House Majority Leader Steny Hoyer said a bill to ban Russian oil imports could be introduced this week, Politico reported. "Leaving a meeting of Democratic leaders in the House, Hoyer said a bill to ban Russian oil imports would end up for consideration "this week," the publication's...

World Bank and IMF to support Ukraine with over $5B in financing

The International Monetary Fund and the World Bank are ready to provide financial support to Ukraine. The IMF has opened access to $2.2bn in financing from the beginning of March to the end of June. The World Bank and the International Monetary Fund (IMF) are ready to support Ukraine with $3bn in...

South Korea will consider reselling gas to Europe

South Korea will consider reselling gas to Europe, the country's foreign ministry said. In addition, the republic is promoting additional release of strategic oil reserves. It is noted that such measures are aimed at stabilizing the international energy market amid the Ukrainian crisis. The South...
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