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Supply Chain risk grows as weary crews halt ships and clog ports

by AIP Online Bureau | Aug 8, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic

  A new risk to global supply chains is emerging as exhausted seafarers stuck offshore for months halt work, a breaking point caused by restrictions on crew changes amid coronavirus precautions. Three vessels are idled in Australia after crews who worked beyond...

UN reports sharp increase in cybercrime during pandemic

by AIP Online Bureau | Aug 8, 2020 | Eco/Invest/Demography, International News, Pandemic, Risk Management, Technology

United Nations:  A 350% increase in phishing websites was reported in the first quarter of the year, many targeting hospitals and health care systems and hindering their work responding to the COVID-19 pandemic, the UN counterterrorism chief has said. Vladimir...

Rare syndrome linked to COVID-19 found in nearly 600 U.S. children -CDC

by AIP Online Bureau | Aug 8, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Pandemic

Nearly 600 children were admitted to U.S. hospitals with a rare inflammatory syndrome associated with the novel coronavirus over four months during the peak of the pandemic, the Centers for Disease Control and Prevention (CDC) said in a report on Friday. Multisystem...

Fauci warns COVID-19 vaccine may be only partially effective, public health measures still needed

by AIP Online Bureau | Aug 8, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic

 An approved coronavirus vaccine could end up being effective only 50-60% of the time, meaning public health measures will still be needed to keep the pandemic under control, Dr. Anthony Fauci, the top U.S. infectious diseases expert, said on Friday. “We...

Australia to spend US$1.2b on cyber security for private sector after rise in attacks

by AIP Online Bureau | Aug 8, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

  Australia will spend A$1.66 billion ($1.19 billion) over the next 10 years to strengthen the cyber defenses of companies and households after a rise in cyber attacks, Prime Minister Scott Morrison said on Thursday. Cyber attacks on businesses and households are...

World’s three hottest Julys happened in the last five years

by AIP Online Bureau | Aug 8, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Risk Management

  Last month was the world’s third-hottest July on record, new data show — the latest milestone in a global warming trend that has seen the three hottest Julys within the last five years. With the heat has come a high level of ice melt in the Arctic,...

Global AI market revenues to reach $156 billion in 2020: IDC

by AIP Online Bureau | Aug 8, 2020 | Eco/Invest/Demography, Facts, Risk Management, Technology

San Francisco: Worldwide revenues for the Artificial Intelligence (AI) market, including software, hardware, and services, are expected to total $156.5 billion in 2020, a growth of 12.3 per cent over the previous year, according to a new forecast by International Data...

20GB Intel data with key chip secrets leaked, probe on

by AIP Online Bureau | Aug 8, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology

  New Delhi, An anonymous hacker has broken into chip maker Intel, publishing a link on the social media to a 20GB data containing confidential intellectual property (IP) related to key chip engineering. Many of the files in the 20GB folder allegedly "have...

Insured losses from Beirut blast seen around $3 billion: sources

by AIP Online Bureau | Aug 8, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life

LONDON: Insured losses from the Beirut port warehouse explosion are likely to total around $3 billion, similar to those from an explosion at the Chinese port of Tianjin in 2015, industry sources and analysts say. The blast on Tuesday, the biggest in Beirut’s...

Delhi launches Electric Vehicle Policy,Mahindra seeks investors for EV business

by AIP Online Bureau | Aug 7, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Technology

New Delhi: Chief Minister Arvind Kejriwal on Friday launched 'Delhi Electric Vehicle Policy' under which his government will waive registration fee and road tax, and provide incentive of up to Rs 1.5 lakh for new cars in the national capital. Addressing an...
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