Companies say they can no longer provide coverage to clients because reinsurers are exiting the region amid the conflict A group of companies known as P&I (protection and indemnity) clubs that offer insurance for the majority of the world’s ocean-going ships will stop providing war risk coverage in Russia, Ukraine and Belarus from January 1,…
China House is another taxpayer-funded initiative designed to antagonize Beijing, instead of working on reconciliation for the common good The US State Department announced on December 16 the launch of a so-called ‘China House’ unit, an internal reorganization designed to help sharpen policymaking against Beijing, Washington’s primary geopolitical rival.
Israel’s parliament has voted in favor of a new government led by five-time Prime Minister Benjamin Netanyahu. Returning to power with the support of hardline Zionists, Netanyahu has promised to press ahead with Israel’s controversial settlement policy.