by AIP Online Bureau | Sep 14, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
A U.S. Treasury spokesperson called on G7 and European Union allies to impose “meaningful tariffs” on goods from China and India to pressure them to halt their purchases of Russian oil WASHINGTON: Group of Seven nations’ finance ministers discussed...
by AIP Online Bureau | Jul 18, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
“For the first time, we’re designating a flag registry and the biggest Rosneft refinery in India,” EU foreign policy chief Kaja Kallas said in a post on X. Other measures adopted by EU include sanctions on dozens more vessels in Russia’s shadow...
by AIP Online Bureau | May 30, 2024 | International News, Regulation, Reinsurance, Risk Management
The G-7 price cap on Russian crude oil and petroleum products bans western shipowners, insurers and intermediaries from providing vessels and services for cargoes priced above the thresholds. The restrictions prompted a pivot away from western insurance and a need for...
by AIP Online Bureau | Mar 1, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Russia’s $1.5 trillion economy is already reeling from sanctions that targeted key banks and may prevent Putin from accessing the bulk of more than $640 billion in central bank reserves. Those restrictions have roiled the nation’s markets and are having a knock-on...