Daily Management Review
World & Politics

US county claims $50 billion from big oil over 'heat dome'

Authorities in the US state of Oregon's Multnomah County are suing 17 oil and gas firms, seeking more than $50 billion in damages for the "heat dome" phenomenon, which has been connected to the deaths of numerous locals. In the summer of 2021, Oregon experienced the "heat dome" climatic phenomena,...

UN: Civilian death toll in Ukraine exceeds 9,000

The UN High Commissioner for Human Rights updated statistics on civilian deaths in Ukraine. As of 18 June, 9,083 persons died and 15,790 were injured in Ukraine since 24 February 2022. 4,105 people died and 5,861 were injured in the Ukrainian-controlled region of Donbas, according to the UN. 718...

Taiwan Wants To Have Closer Relations With The EU In Exchange For Investing There In Chip Manufacturing

Taiwan's Foreign Minister Joseph Wu stated last week during a tour to Europe that if European nations want Taiwanese investment in semiconductor manufacture to continue, they should improve relations with Taiwan.   Government permission is required for all international investments by Taiwan...

US sets to join UNESCO again

According to the State Department, the US has informed UNESCO (the United Nations Educational, Scientific and Cultural Organization) of its intentions to re-join the organization. Washington withdrew from UNESCO in 2018, accusing it of having anti-Israel views, and refused to support the...

Study: Global warming breaks records

A study recently published in the academic journal Earth System Science Data found that global warming has increased by more than 0.2 degrees Celsius. "Human-induced warming is accelerating at an unprecedented rate of more than 0.2 degrees Celsius every decade between 2013 and 2022. A combination...

Climate Policies That Work for Everyone, Not Just the Rich

Ajay Banga began his five-year term as president of The World Bank on June 2nd. The Biden-appointed, former Mastercard CEO also brings a new focus for the international financial institution: climate change. And developing nations are concerned. The World Bank’s main clients, countries making up...

IATA: Passenger air traffic recovers by 90% to pre-pandemic levels

The International aviation Transport Association (IATA) released statistics on global aviation passenger traffic for April. It climbed by 45.8% from April of last year to April of this year, bringing the figures to 90% of pre-pandemic levels. Only 1.8% less flights were loaded in April than before...

IEA expects the largest increase in renewable energy capacity in the world's history

The International Energy Agency (IEA) predicts that the global rise in new renewable energy capacity in 2023 will be the greatest ever, with more growth anticipated in 2024. The IEA stated in its Renewable Energy Market Update report that "against the backdrop of the global energy crisis, solar and...

China's youth unemployment rate hits record high

In April, China's urban youth (ages 16 to 24) saw a record-high jobless rate of 20.4%. The general unemployment rate for the same time period was 5.2%, thus the current figure is nearly four times higher. This, according to experts, is caused by the large number of recent graduates from...

G7 countries to speed up transition to clean energy

In order to address the current energy crisis, the G7 leaders decided to quicken the switch to renewable energy while bolstering economic stability, according to the communiqué from the Hiroshima summit. "We stress the real and urgent need and opportunity to accelerate the transition to clean...
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