Daily Management Review
World & Politics

US ready to partially lift duties on imports from China

The US authorities have announced that they are ready to make exceptions to a number of duties on Chinese imports imposed by Donald Trump's administration. The tariffs, which average more than 15%, now cover $370bn worth of shipments to the US. The duty cuts are likely to be driven primarily by...

UN calls for a harmonised approach to data management

Approaches to managing data flows and the digital economy as a whole vary widely among leading countries, according to a UN Conference on Trade and Development (UNCTAD) report published yesterday. For example, the US approach emphasises control by the private sector, Chinese one - by the government...

Normal Life To Return In A Year But With Annual Covid Shots, Says Pfizer CEO Albert Bourla

According to Pfizer CEO and Chairman Albert Bourla, normal life in the world should return back within a year. He also said that people would likely also need to take Covid-19 vaccination shots every year.   “Within a year I think we will be able to come back to normal life,” Bourla said in...

Latin American countries call on Biden to lift trade embargo on Cuba

Members of the Community of Latin American and Caribbean States (CELAC) issued a special declaration calling on the US President and Congress to end the economic, commercial and financial embargo against Cuba, calling it contrary to international law. The heads of state and government of the 33...

FT: Xi Jinping refused a meeting proposed by Joe Biden

During a telephone conversation with U.S. President Joe Biden, Chinese President Xi Jinping rejected his proposal for a summit of heads of state. The Chinese leader urged the U.S. first to change Washington's rhetoric toward Beijing. Biden himself denies refusing a summit with him Chinese President...

Nikkei learns of EU plans to deepen cooperation with Taiwan

The EU intends to develop relations with Indo-Pacific countries and, in particular, to expand trade and investment relations with Taiwan, Nikkei Asia reported, citing the draft version of the strategy. It is noted that the document does not include the creation of a bilateral investment agreement,...

Australia to develop coal industry despite UN calls to abandon it

Australia set to keep mining coal despite UN demands to stop using fossil fuels in ten years. The state believes that coal will be a major source of funds and will boost growth of the economy, Reuters reports. Selwin Hart, adviser to the UN secretary-general on climate issues, urged Australia to...

China protests to US over COVID origin report

China strongly protests to the U.S. over the publication of the COVID-19 origin report by U.S. intelligence agencies, Chinese Foreign Minister Wang Yi said during a telephone conversation with U.S. Secretary of State Antony Blinken. The Chinese foreign minister called on Washington to stop...

Talks Between US And Chinese Military For The First Time In Biden’s Presidency: Reuters

For the first time since United States President Joe Biden took office in January, there was talks held between a senior Pentagon official and the Chinese military. The talks were focused on management of managing risk between the two largest economies of the world, claimed a report published by...

Western Union stops money transfers to Afghanistan

Western Union is no longer delivering remittances to Afghanistan due to the Taliban's takeover of the country, MarketWatch reports. Now, Afghans who used to receive financial aid from relatives and friends abroad are left without financial support. According to the portal, the amount of money...
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