Daily Management Review
Economics

American Businesses in China Navigate Complex US-China Relations Amid Policy Shifts

The evolving dynamics between the United States and China have placed American businesses operating in China at a crossroads, compelling them to reassess their strategies and operations. The American Chamber of Commerce (AmCham) in China's recent survey highlights that over half of these businesses...

Cracks In The Facade: Russia's War Economy Under Strain

Cracks In The Facade: Russia's War Economy Under Strain   Russia's invasion of Ukraine in 2022 triggered a wave of Western sanctions, leading many to predict a swift economic collapse. However, defying expectations, Russia's resource-rich economy, fueled by exports of oil, gas, and minerals,...

European Stoxx 600 hits record level

On January 22, the Stoxx 600, a pan-European index, increased by 0.8% to an all-time high of 529.88 points. Numerous specialists credit this, among other factors, to the reality that investors are less apprehensive about the potential implementation of high tariffs on goods imported from the EU by...

Saudi Arabia promises to increase investment and trade with the US by $600 billion

On the night of January 22, US President Donald Trump spoke on the phone with Saudi Crown Prince Mohammed bin Salman Al Saud. In the discussion, the crown prince of the kingdom emphasized his plan to boost investment and trade with the US by $600 billion over the next four years and potentially...

SEC Establishes Crypto Task Force Amid Market Volatility

On January 21, 2025, the U.S. Securities and Exchange Commission (SEC) announced the formation of a dedicated task force to develop a comprehensive regulatory framework for digital assets. This initiative, led by SEC Commissioner Hester Peirce, aims to provide clearer guidelines for the rapidly...

Trump Escalates Trade Measures Amid Fentanyl Crisis: A Complex Web Of International Relations

In a series of assertive moves, U.S. President Donald Trump has signaled intentions to impose tariffs on the European Union (EU) and China, while reiterating potential duties on Canada and Mexico. These actions are primarily in response to the ongoing fentanyl crisis, with the synthetic opioid...

Saudi Aramco head forecasts oil demand growth in 2025

Amin Nasser, head of Saudi Aramco, informed Reuters at the World Economic Forum in Davos that oil demand is set to increase by 1.3 million barrels daily by 2025. He predicted that demand will reach around 106 million barrels per day this year, in contrast to an average of 104.6 million barrels per...

A Turning Point For Mining Giants: The Implications Of Potential Mega-Mergers In The Industry

The mining sector is abuzz with speculation as reports surface about potential mergers and acquisitions (M&A) among industry giants, particularly Rio Tinto and Glencore. Although talks between the two companies were reportedly brief and are believed to have ended, the mere prospect of such a...

Trump’s Reversal Of EV Policies Sparks Debate On The Future Of U.S. Transportation

The U.S. electric vehicle (EV) industry is facing a significant shift as President Donald Trump takes steps to undo policies enacted by his predecessor, Joe Biden. On Monday, Trump issued an executive order reversing key measures that had aimed to accelerate the transition to electric vehicles. The...

Oxfam: Number of billionaires grows again in 2024

In 2024, the number of billionaires in the world increased by 204 people, to 2769. The total wealth of billionaires for the year increased by $2 trillion, states an annual report by Oxfam, an association of charitable organizations dedicated to solving the problems of poverty. Oxfam estimates that...
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