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Global shipping insurers to scrap coverage for Russia, Ukraine and Belarus

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,…

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US State Department’s new anti-China unit is a waste of time and resources

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.

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Israeli parliament decides on new government

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.

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