Daily Management Review
World & Politics
U.S. State Department approves $180 million sale of landmine systems to Taiwan

U.S. State Department approves $180 million sale of landmine systems to Taiwan

The sale of M136 Volcano remote minesweeping systems to Taiwan for $180 million has been authorized, according to the US Department of State's Bureau of Political and Military Affairs. Northrop Grumman and Oshkosh Corporation, both American firms, would serve as the principal contractors under the...
Japan and Saudi Arabia sign memorandum on new types of energy

Japan and Saudi Arabia sign memorandum on new types of energy

While in Saudi Arabia, Japanese Economy Minister Yasutoshi Nishimura met with the country's Energy Minister Abdulaziz bin Salman to discuss maintaining stable oil prices and signed a memorandum to jointly establish a network to supply new energy sources, such as hydrogen and ammonia, according to...
U.S. sends first batch of $13M-worth energy equipment to Ukraine

U.S. sends first batch of $13M-worth energy equipment to Ukraine

According to Reuters, which cited U.S. authorities, energy equipment worth $13 million has been sent from the United States to Ukraine. Places and names were kept secret. This week, another two planes carrying supplies are anticipated to be dispatched. The assistance represents the initial...
Japan may raise tobacco tax

Japan may raise tobacco tax

According to NHK television, Japan's government may increase taxes on tobacco products and e-cigarettes to cover the budget gap required to increase defense spending to 2 percent of GDP by 2027 and to use a portion of the proceeds from the reconstruction tax enacted to aid in the nation's recovery...
Court in Paris rules to recover $1.3 billion from Russia in favor of Ukraine

Court in Paris rules to recover $1.3 billion from Russia in favor of Ukraine

The Paris Court of Cassation overruled a ruling by the city's Court of Appeal 2021 and ordered Russia to pay $1.3 billion to Ukraine's Oschadbank. The appeals court "overturned the March 30, 2021 ruling of the Paris appeals court," the document's wording states, and determined that the money...
U.S. to sell parts and equipment for fighter jets to Taiwan

U.S. to sell parts and equipment for fighter jets to Taiwan

According to a statement from the US Department of Defense, sale of aircraft components and associated equipment to Taiwan for around $330 million has received approval from the US State Department. "The State Department has issued a decision authorizing potential overseas military sales to...
Iranian authorities promise to change Hijab Law after protests

Iranian authorities promise to change Hijab Law after protests

The country's attorney general declared that Iran will do away with the morality police and amend the rule requiring women to wear the headscarf. Iran will amend its law requiring the hijab, according to Mohammad Jafar Montazeri, the country's attorney general. The attorney general stated that...
Risk Of Drying Up Of Crypto Political Funding In The US After FTX Collapse

Risk Of Drying Up Of Crypto Political Funding In The US After FTX Collapse

Sam Bankman-Fried (SBF), the founder of the collapsed crypto exchange FTX, was a major political donor in the United States. His once deep pockets primarily supported Democratic candidates and campaigns, but that may be changing now.   The landscape of pro-crypto candidate funding in the...
US Senate approves bill to protect same-sex and interracial marriages

US Senate approves bill to protect same-sex and interracial marriages

The US Senate approved The Respect for Marriage Act. It makes sure that interracial and same-sex marriages are recognized by federal law. With 49 votes in favor, the Democratic Party provided the majority of the support for the bill. Twelve senators from the Republican Party supported it. The...
China May Reopen In March, But Zero-Covid Has Rattled Supply Chain Confidence, Say Economists

China May Reopen In March, But Zero-Covid Has Rattled Supply Chain Confidence, Say Economists

While Chinese authorities may gradually ease restrictions in March, zero-Covid policies are beginning to erode global trust in the country's industrial supply chains, according to Li Daokui, Mansfield Freeman professor of economics at Tsinghua University in China.   According to Li, a former...
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