In 2024, global temperatures reached 1.5C for the entire year, the...
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Oil executives call for cautious return to Red Sea navigation
“Everyone is watching each other to see who goes first,” Barbara...
China allows insurers to invest in gold for first time
The shift in policy in China could be a signal that authorities...
Is WHO ready to declare end of pandemic
The WHO said it isn’t currently considering such a declaration. While cases have fallen in many places, fatalities have spiked in Hong Kong, and this week China reported more than 1,000 new daily cases for the first time in two years Instead, the discussions at the...
Climate action lags as COVID hits goals in developing nations
Across the world, COVID-19 has hit economic growth and tax revenue, making it harder for governments - particularly in developing nations - to meet their targets on cutting carbon emissions and adapting to climate change Across sub-Saharan Africa, rising debt...
WHO says it advised Ukraine to destroy pathogens in health labs to prevent disease spread
Biosecurity experts say Russia's movement of troops into Ukraine and bombardment of its cities have raised the risk of an escape of disease-causing pathogens, should any of those facilities be damaged The World Health Organization advised Ukraine to destroy...
Global financial conditions at tightest since May 2009 – Goldman Sachs
Financial conditions reflect the availability of funding in an economy and, perceived as strongly correlated with future growth, are watched closely by central bankers.How loose or tight they are dictates spending, saving and investment plans of businesses and...
Russians liquidating crypto in the UAE as they seek safe havens
A financial source in the UAE confirmed that Russians were buying property in Dubai, using crypto as a way of getting their money out of other jurisdictions and into the Gulf state Dubai, the Gulf's financial and business centre and a growing crypto hub, has long been...
Ukraine Crisis: Lloyd’s Register stop services to Russia
“Based on the latest legislative requirements taking effect in the United Kingdom, the European Union and United States, LR has confirmed that it will disengage from the provision of all services to Russian owned, controlled or managed assets or companies,” it said in...
Marsh McLennan to exit Russia Businesses
Dan Glaser, President and CEO, Marsh McLennan, said, “We condemn the unprovoked attack by the Russian government against the people of Ukraine. Having watched with horror the tragic human toll in Ukraine, we feel compelled to take this action. We intend to transfer...
Covid deaths worldwide 18 million, three times official tally: Lancet Study
Because of its large population, India alone accounted for an estimated 22% -- or 4.1 million -- of the global deaths. The U.S. and Russia were the next highest with 1.1 million each, followed by Mexico, Brazil and Indonesia “At the global level, this is quite the...
Swiss Re partners with dacadoo to offer platform to insurers of all sizes
The new combined solution also strengthens Swiss Re’s Personal Resilience Suite (PRS capabilities). PRS is a holistic, modular and innovative risk assessment approach, powered by Swiss Re's renowned underwriting manual Life Guide Zurich: Swiss Re and dacadoo today...
US says $ 100 billion soon to help poor nations with climate
U.S. climate envoy John Kerry Kerry said to fund the economic transition that all countries must make to tackle climate change, "it's going to require not just $100 billion but trillions of dollars.No single government — no group of governments — can meet the $2.5...