A “mega-strike” by two major transport unions in Germany is causing major disruptions across the country’s airports, public transport, and its largest port. Long-distance rail services and early morning regional and commuter rail services have been suspended across Germany. More than 400,000 transport workers are participating in the strike, demanding a 10.5% pay raise due…
New Chinese ambassador to North Korea Wang Yajun arrived Monday in the country that had shut down its borders to prevent COVID-19 infections, filling the post vacated by his predecessor about 15 months ago, a source familiar with bilateral relations said. Wang Yajun Wang is believed to be the first foreign diplomat to be accepted…
The COVID-19 cases in around Singapore until now are still increasing. Based on data from WHO until Tuesday (2023-3-28) at 02:11:43 am, the number of COVID-19 infection in around Singapore had reached 2.26 million cases. Then 1,722 people died, and 104,507 people positive active (treated), and 2,149,583 patients were declared cured. Graph of the development…
A New York-licensed pain management doctor has been sentenced to 36 months in prison for his participation in a scheme to obtain fraudulent insurance reimbursements and other compensation from fraudulent trip-and-fall accidents. Damian Williams, U.S. Attorney for the Southern District of New York, announced the sentencing of Sady Ribeiro by U.S. District Judge Sidney…
The Florida Senate approved a take-no-prisoners tort-reform bill Thursday and Gov. Ron DeSantis signed it into law Friday. The bill, which extends limits on one-way attorney fees, assignments of benefits, and other provisions to most types of insurance claims, would take effect as soon as the ink is dry on the governor’s signature. …
The 13th Orange Social Venture Prize in Africa and the Middle East opened for submissions on Monday, March 13, 2023. 2023 Orange Social Venture Prize in Africa and the Middle East (POESAM) Candidates from the 17 countries within the Orange footprint have until May 21, 2023, to submit their project on the website https://POESAM.orange.com….
On March 16, Latitude Holdings, a digital payments and lending company based in Melbourne, Australia, experienced a large-scale information theft that resulted in the theft of almost 8 million driver’s license numbers from Australia and New Zealand. Additionally, roughly 53,000 passport numbers and less than 100 monthly financial statements belonging to customers were stolen. The…
Marsh McLennan India will have a new CEO starting April 1 as current Marsh India CEO Sanjay Kedia takes over the role. This new role will see Kedia leading a new collaborative effort from India at the intersections of the firm’s four businesses: Mercer, Marsh, Oliver Wyman, and Guy Carpenter. According to the…
Bancassurance major growth driver for Cambodian insurance – regulator Bancassurance is playing a key role in driving the growth of the Cambodian insurance market as it accounted for 40% of total sales in 2022, according to Insurance Regulation of Cambodia (IRC) director general Bou Chanphirou. The sector’s gross insurance premium reached more than $330…
IMF Managing Director Kristalina Georgieva delivered a speech at the China Development Forum in Beijing, calling for greater vigilance over the global financial system. She highlighted the increased risks to financial stability, citing the recent banking crisis, and the need for continued collaboration among major central banks to ease market stress. While acknowledging the uncertainty…
