Daily Management Review
World & Politics

Japan's Prime Minister announces new program to raise wages and fight inflation

The program will be created as a whole in the middle of October, according to Fumio Kishida. The key elements of the Japanese government's agenda of economic measures intended to combat inflation and raise salaries will be finalized next week, said Japanese Prime Minister Fumio Kishida during a...

Following Qatar Deal Unfreezing $6 Billion, The United States And Iran Trade Detainees

In a rare agreement between the bitter rivals - the United States and Iran, that also unfroze $6 billion of Tehran's funds, five American prisoners were flown out of Iran on Monday in exchange for five Iranian prisoners jailed in the United States.   Soon after both parties received...

Japan's government resigns in its entirety

Kyodo: The whole Japanese cabinet has resigned. According to the Kyodo news agency, the entire government of Japan has resigned after Prime Minister Fumio Kishida accepted the resignation petitions of his ministers. In order to establish a government, the prime minister will then consult with...

England's second most populous city declares bankruptcy

Birmingham City Council declared that it filed for bankruptcy on Tuesday, September 5. After that day, all payments and expenditures by the city stopped, with the exception of social security responsibilities. With nearly a million residents, Birmingham is the second most populous city in England,...

WSJ: Chinese officials banned from using iPhones at work

According to the WSJ, China has long demanded that Western computer hardware and software producers replace their products with indigenous alternatives. Chinese authorities banned employees of central government organizations from using iPhone and other foreign-brand devices, reports the Wall...

China to cancel COVID-19 tests for travelers entering the country from 30 August

Beginning on August 30, visitors to China won't be required to present the results of PCR tests for coronavirus or antibodies. Chinese authorities no longer require foreign visitors to the country to submit the results of COVID-19 antibody testing or PCR tests for the coronavirus. According to a...

Trump raises record $72M for his campaign

The former US president received donations that were distributed to over 450 thousand individuals. Former US President Donald Trump was able to raise almost $72 million for his election campaign, which is several times more than any of his Republican opponents, reports Bloomberg with reference to...

China to turn the screw on Internet resources to eliminate business rights infringements

The aim is to ensure protection from libel, incorrect information, and improper dissemination of confidential information. Chinese authorities will tighten their control over Internet resources to shield businesses and business representatives from defamation, misleading information, and improper...

Court orders Portuguese bank to return frozen $ 1.5B to Venezuela

The court mandated that Novo Bank start paying the interest that is owed for a delay in 2019. A Portuguese court ordered Novo Bank to pay the interest owed for a delay and unlocked Venezuelan assets worth $1.5 billion that had been blocked by Novo Bank since 2019.  This is reported on the El...

EU and Turkey to discuss renewal of Customs Union

In order to "restore the confidence of European partners and investors," the European Union (EU) and Turkey will talk about upgrading the customs union, according to Bloomberg. Paolo Gentiloni, the European Commission's commissioner for the economy, told the agency that the parties needed to work...
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