by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, International News, Risk Management
“Price shocks will have an impact worldwide, especially on poor households for whom food and fuel are a higher proportion of expenses,” the IMF said. “Should the conflict escalate, the economic damage would be all the more devastating. The sanctions on Russia will...
by AIP Online Bureau | Mar 5, 2022 | Eco/Invest/Demography, International News, Risk Management
“The market’s liquidity conditions have weakened this week, and were exacerbated overnight after reports of shelling to Europe’s largest nuclear plant in Ukraine,” said ING currency strategist Francesco Pesole LONDON/NEW YORK: Financial...
by AIP Online Bureau | Mar 5, 2022 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy
The authors discovered at least one way financially constrained consumers could get more happiness from their purchases: by planning Research suggests ‘purchase happiness’ is directly proportional to amount of moneyAnew study, led by Duke...
by AIP Online Bureau | Mar 5, 2022 | Indian News, Workplace/Employee Benefits
In a bid to promote environment friendly vehicles, the draft notification has proposed a 15 per cent discount for electric private cars, electric two wheelers, electric goods carrying commercial vehicles and electric passenger carrying vehicles There have no revisions...
by AIP Online Bureau | Mar 5, 2022 | Facts, Technology
Honda will be responsible for manufacturing the first model, while Sony will develop the mobility service platform, they said “In the joint venture, we would like to lead the mobility evolution by combining our technology and experience with Honda’s long...
by AIP Online Bureau | Mar 5, 2022 | Eco/Invest/Demography, International News, Policy
“A comprehensive analysis of evolving dynamics at home and abroad indicates that this year our country will encounter many more risks and challenges, and we must keep pushing to overcome them,” said Premier Li Keqiang at the start of China’s annual...
by AIP Online Bureau | Mar 5, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Facts, Technology
Russia’s central bank said last week that cards of banks that fell under international sanctions – including VTB Group, Sovcombank, Novikombank, Promsvyazbank, and Otkritie – would not be able to be used with the digital wallets The disruptions were...
by AIP Online Bureau | Mar 5, 2022 | Indian News, Non-Life, Reinsurance
In a regulatory filing on Thursday, GIC Re said it is currently in the process of studying the complaint and quantification in detail in order to determine the next steps “In the complaint, AM RE has sought amounts which are to be determined at trial, but which...
by AIP Online Bureau | Mar 5, 2022 | International News, Risk Management, Technology
The Consumer Product Safety Commission (CPSC) in the US said in a statement that at least 115 people in the US — and 59 globally — have reported an overheating battery on the device. There were 118 reports of burns, with two reports of third-degree burns...
by AIP Online Bureau | Mar 5, 2022 | International News, Non-Life, Reinsurance
Since Russia’s invasion of Ukraine, hundreds of tankers and bulk carriers have been diverted away from the Black Sea, while dozens more have been stranded at ports and at sea unable to unload their valuable cargoes Only a small handful of Russia’s 2,000...
