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US Treasury’s Bessent urges IMF, World Bank to refocus on core missions

US Treasury’s Bessent urges IMF, World Bank to refocus on core missions

by AIP Online Bureau | Apr 24, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

“The IMF was once unwavering in its mission of promoting global monetary cooperation and financial stability. Now it devotes disproportionate time and resources to work on climate change, gender, and social issues. These issues are not the IMF’s...
World’s biggest companies cause $28 trillion in climate damage: Study

World’s biggest companies cause $28 trillion in climate damage: Study

by AIP Online Bureau | Apr 24, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

Everybody’s asking the same question: What can we actually claim about who has caused this? said Dartmouth climate scientist Justin Mankin, co-author of the study. And that really comes down to a thermodynamic question of can we trace climate hazards and/or...
IMF slashes global outlook as White House says trade talks pick up pace

IMF slashes global outlook as White House says trade talks pick up pace

by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management

With tariffs on goods coming into the world’s No. 1 economy now at their highest in a century, the IMF projects global growth in 2025 will slow to 2.8%—its poorest showing since the COVID-19 pandemic—from 3.3% in 2024 Worldwide economic output will slow in the months...
Cybercrime costs rose to at least $16 billion globally in 2024, says FBI

Cybercrime costs rose to at least $16 billion globally in 2024, says FBI

by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, International News, Technology

The losses—a one-third increase over 2023—were largely driven by low tech scams, such as would-be investors swindled out of money online, or company employees tricked by deceptive emails into wiring large sums to criminals’ bank accounts. Tech support and romance...

Aditya Birla Capital becomes a corporate agent

by AIP Online Bureau | Apr 23, 2025 | Briefs, Life, Non-Life

After selling its insurance broking unit, Aditya Birla Capital Limited has announced that it has secured approval from the IRDAI to operate as a Corporate Agent (Composite). The license, granted on April 21, 2025, allows the company to solicit Life, General, and...
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