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With near-monopoly on rare earth magnets, China decides fate of global EV industry

With near-monopoly on rare earth magnets, China decides fate of global EV industry

by AIP Online Bureau | Jun 7, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology

China holds a near-monopoly on rare earth magnets – a crucial component in electric vehicle motors – and it added them to an export control list in April as part of its trade war with the United States, forcing all exporters to apply to Beijing for licenses. In a...

Highways baking at 70 degrees C hint at scorching summer across China, US

by AIP Online Bureau | Jun 2, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Across the Northern Hemisphere, the extreme heat is a reflection of how much warmer the Earth is compared with a few decades ago, Daniel Swain, a climatologist at the University of California, Los Angeles said. Since 1959, Europe in particular, but parts of the...
Indian insurance market expands by 10.6% to $145 billion in 2024, Allianz report

Indian insurance market expands by 10.6% to $145 billion in 2024, Allianz report

by AIP Online Bureau | May 27, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Reinsurance

While China (+7.8% p.a.) will continue to dominate the region in absolute terms, the real growth champion over the next decade is likely to be India (+10.5% p.a.) Mumbai: With a total premium income of USD 145 billion in 2024 , the Indian insurance market has showed...
Trade War: Container liners sever US-China shipping routes across the Pacific

Trade War: Container liners sever US-China shipping routes across the Pacific

by AIP Online Bureau | May 10, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

As a result, fees are plunging. The cost of shipping a 40-foot box from Shanghai to Los Angeles — port nodes on either side of the Pacific — hit the lowest since 2023 in late March, according to the data from Drewry Shipping Consultants, a maritime advisory firm. A...
UK names China as dominant threat to its national cybersecurity

UK names China as dominant threat to its national cybersecurity

by AIP Online Bureau | May 8, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology

Richard Horne, chief of Britain’s National Cyber Security Center “China remains the pacing threat in the cyber realm,” Richard Horne, the chief of Britain’s National Cyber Security Center, said in a rare speech on Wednesday. “The continued activity that we’re seeing...
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