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Inflation worries continue for US Fed; No policy rate cut for seventh time

Inflation worries continue for US Fed; No policy rate cut for seventh time

by AIP Online Bureau | Jun 13, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management

Jerome Powell, US Fed Chair “We are maintaining our restrictive stance of monetary policy in order to keep demand in line with supply and reduce inflationary pressures. I will have more to say about monetary policy after briefly reviewing economic...

Russian Oil tanker does secret cargo switch near Singapore to dodge US sanctions

by AIP Online Bureau | Jun 10, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Risk Management

Russia has shipped about 3.4 million barrels a day of crude so far this year, valued at about $37 billion at the point of export, and working around western sanctions has been part of that The first Russian oil tanker attempting to deliver crude while under US...

Issuance of CAT bonds just hit a record high

by AIP Online Bureau | Jun 10, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Issuance of the bonds, including non-property and private transactions, reached an all-time high of more than $16 billion in 2023. The current value of outstanding cat bonds stands at $49 billion, Artemis estimates. Crucially, last year saw relatively few weather...
Boeing faces ‘long road’ on safety issues, US FAA says

Boeing faces ‘long road’ on safety issues, US FAA says

by AIP Online Bureau | May 24, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

Boeing has faced mounting questions after a door panel detached during a Jan. 5 flight on a new Alaska Airlines 737 MAX 9, forcing pilots to make an emergency landing while passengers were exposed to a gaping hole 16,000 feet above the ground U.S. planemaker Boeing...
Before global scrutiny, Indian spice maker MDH faced several US rejections

Before global scrutiny, Indian spice maker MDH faced several US rejections

by AIP Online Bureau | May 13, 2024 | Health, Indian News, Regulation, Risk Management

Before the latest scrutiny, products from MDH, a family-run Indian company more than 100 years old, were rejected for sale in the United States due to the presence of salmonella, a bacteria that can lead to gastrointestinal illness New Delhi:Popular Indian spice brand...
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