Daily Management Review
World & Politics

Unemployment in Germany reaches four-year high in May

In May, the number of unemployed increased by 238 thousand to 2.875 million people in Germany, the Federal Employment Agency said. Unemployment jumped to 6.3% compared to 5.8% in the previous month. This is the highest level since December 2015. Analysts on average predicted an increase in the...

US-China trade deal at risk due to Hong Kong protest

Chinese state-owned companies have suspended purchases of American food in response to Washington’s decision to strip Hong Kong of its privileged bilateral trade status. Further development of this conflict may result in a rupture of the first part of the trade deal between the United States and...

Merkel refuses to visit G7 summit

German Chancellor Angela Merkel refused to visit the G7 summit in Washington, which US President Donald Trump proposed to hold in June. This is reported by Politico, citing sources in the White House and the government of Germany, as well as its official representative Steffen Seibert. Merkel...

Is Coronavirus Losing Potency?

Doctors in Italy find “the COVID-19 disease is different” at present. On Sunday, a senior doctor from Italy was quoted saying that the new coronavirus seems to have lost potency whereby turning “much less lethal”. The Health of the “San Raffaele Hospital in Milan”, the took the worst blow from the...

US Starts Process To Strip Hong Kong Of Special Status, Says Trump

The process of ending the special relationship between the United States and Hong Kong will soon be started by the administration of the United States President Donald Trump. The process will also include ending the special relationship on trade and law enforcement, Trump has said.   However...

Study On How To Protect American Investors From Risks Of Chinese Firms To Be Done By Trump Administration

United State president Donald Trump said on Friday that ways in which Americans can be safeguarded from the risks associated with investing in Chinese companies will be studied and explored by the Trump administration.   Analysts see this as a tactic of Trump to increase pressure on Chinese...

Not Playing 'By The Same Rules’ Could Be Costly For Chinese Firms Listed In The U.S.

U.S. listed Chinese companies’ non-compliance to U.S. accounting and disclosure standards poses significant risk to investors. In a move that rachets up pressure on Chinese firms which have listed in the United States, the Trump administration said, it will study ways to safeguard Americans from...

Britain prepared to offer path to citizenship to 3M Hong Kong residents

Britain would extend the rights of 350,000 ‘British National Overseas’ passport holders. In response to China’s push to impose its will over Hong Kong, a former British colony, Britain said, it is prepared to offer extended visa rights and a pathway to citizenship for almost 3 million Hong Kong...

WHO: We are in the middle of the first wave of COVID-19 pandemic

So far, the world has only reached the middle of the first wave of the COVID-19 coronavirus pandemic, said Mike Ryan, Executive Director for the World Health Organization (WHO). "Right now we are not experiencing the second wave (of the novel coronavirus), we are right in the middle of the first...

Portugal supports Germany, France's idea to create €500B fund

Head of the Eurogroup and the Minister of Finance of Portugal, Mario Centeno, supported the initiative of Germany and France to create a €500 billion fund for the restoration of the European economy. He said it in an interview with Welt am Sonntag. Previously, the plan of France and Germany came...
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