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Scandal-hit Indonesian insurer, with $2B financial hole, could get government bailout

by AIP Online Bureau | Jan 11, 2020 | International News, Life, Regulation

  Jakarta: Policyholders at Indonesia’s state-owned PT Asuransi Jiwasraya are looking to the government to rescue the scandal-hit insurer, which has uncovered a $2 billion hole in its books.   The crisis affects 17,000 buyers of investment products and...

Earth is hotter than at any time since start of Industrial Revolution: Report

by AIP Online Bureau | Jan 11, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts

  The last five years on Earth have been hotter than at any time since the industrial revolution kicked off almost two centuries ago.   That’s the conclusion of Europe’s Copernicus Climate Change Service, which published data on Wednesday showing...

Internal Boeing Messages Say 737 Max ‘Designed by Clowns’

by AIP Online Bureau | Jan 11, 2020 | Facts, Non-Life

  Boeing Co. released a new batch of internal messages in which company employees discussed deep unease with the 737 Max and problems in flight simulators used to train pilots on the new jetliner, while also trying to avert greater regulator scrutiny of the...

Hell and ice water: Glacier melt threatens Pakistan’s future

by AIP Online Bureau | Jan 11, 2020 | Uncategorized

The villagers of Hassanabad live in constant fear. Above them the vast Shisper glacier dominates the landscape: A river of jagged black ice moving towards them at as much as four metres per day.   Climate change is causing most glaciers worldwide to shrink, but...

Iran apologises for plane crash, blames human error and ‘US adventurism

by AIP Online Bureau | Jan 11, 2020 | International News, Non-Life, Reinsurance

  Paris: The Ukrainian plane crash earlier this week was caused by human error and "U.S. adventurism", Iranian Foreign Minister Mohammad Javad Zarif said in a tweet on Saturday.   "A sad day. Preliminary conclusions of internal investigation...
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