by AIP Online Bureau | Jul 6, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Shippers can earn around $1.6 million hauling Russian ESPO oil on a small tanker from the eastern port of Kozmino to China, said shipbrokers. That’s around triple the amount prior to the invasion of Ukraine, based on data compiled by Bloomberg. The lucrative trade has...
by AIP Online Bureau | Apr 18, 2022 | Eco/Invest/Demography, International News, Policy
Some international investors are finding an aggressive allocation to China increasingly unpalatable. Outflows from the country’s stocks, bonds and mutual funds accelerated after Russia’s invasion of Ukraine, while Norway’s $1.3 trillion sovereign wealth fund has...