Data from the Africa CDC show that the Central Africa region...
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Meta, Google, TikTok must face schools’ addiction claims in US
The companies also face significant exposure from hundreds of...
Lloyd’s and UNCDC establish first of its kind disaster resilience vehicle for Small Island Developing States
Initially covering Fiji, Papua New Guinea and Samoa, the vehicle...
COVID-19 stalls growth in MENA insurance markets: AM Best
The report highlights some common themes as weaknesses, the most important of which is risk governance, with companies adopting basic or minimum requirements to run their businesses LONDON: Middle East and North Africa (MENA) insurance markets have seen robust growth...
Britain to curb marketing of crypto investments
“We are concerned that too many consumers are just ‘clicking through’ and accessing high-risk investments without understanding the risks involved,” the FCA said. The planned rules cover high-risk investments such as cryptoassets, including cryptocurrencies such as...
Millionaires group calls for wealth tax at virtual Davos
According to a study conducted by the Patriotic Millionaires together with Oxfam and other non-profits, a progressive wealth tax starting at 2% for those with more than $5 million and rising to 5% for billionaires could raise $2.52 trillion, enough globally to lift...
UK regulatory shake-up could address lack of domestic commercial reinsurance -lobby group
Britain's upper chamber of parliament, the House of Lords, said late last week that its Industry and Regulators committee of lawmakers was launching an inquiry into the regulation of the London insurance market and how to improve the regulatory set-up for the industry...
Covid-19 health emergency could be over this year, says WHO
Dr. Michael Ryan said “we may never end the virus” because such pandemic viruses “end up becoming part of the ecosystem.” But “we have a chance to end the public health emergency this year if we do the things that we’ve been talking about,” he said. The worst of the...
After supply, logistics emerges as biggest threat to global vaccination programs
Developed countries are getting to the point where they are choosing to live with Covid and treat it as endemic, their hospital systems insulated by higher vaccination rates. But logistical issues continue to bedevil the rollouts of poorer countries, becoming one of...
Airlines scramble to rejig schedules amid US 5G rollout concerns
The world's largest operator of the Boeing 777, Dubai's Emirates, said it would suspend flights to nine U.S. destinations from Jan. 19, the planned date for the deployment of 5G wireless services. Major international airlines rushed on Tuesday to rejig or cancel...
Deploying new 5G service will cause “catastrophic” aviation crisis :Major US airlines
The airlines warned the new C-Band 5G service set to begin on Wednesday could render a significant number of widebody aircraft unusable, “could potentially strand tens of thousands of Americans overseas” and cause “chaos” for U.S. flights The chief executives of major...
Drinking water, ash big concern as Tonga damaged after tsunami
The eruption of the Hunga-Tonga-Hunga-Ha'apai volcano triggered a tsunami on the shores of Tonga and cut off phone and internet lines for the entire island. International communication has been severely hampered by damage to an undersea cable, which could take more...
Explainer: Scientists struggle to monitor Tonga volcano after massive eruption
Saturday's eruption was so powerful that space satellites captured not only huge clouds of ash but also an atmospheric shockwave that radiated out from the volcano at close to the speed of sound Some volcanologists are likening the eruption to the 1991 Pinatubo...