International News

Pandemic to be 'Far More Deadly' this year, warns WHO

Eco/Invest/Demography, Health, Non-Life, Pandemic       May 14, 2021

  Geneva:  More coronavirus variants are bound to be detected, a World Health Organization expert said on Friday, but now “we know what to do”. World health experts issued a grim warning Friday that the second year of Covid-19 was set to be "far more deadly",...

U.S. SEC chair planning new workforce data disclosures for public companies

  The U.S. Securities and Exchange Commission (SEC) plans to propose a rule requiring that public companies disclose a range of workforce data as the agency steps up environmental, social and governance (ESG) disclosures, its new chair, Gary Gensler, said on Thursday. Gary Gensler told an...

Citigroup forms energy transition group within investment banking - memo

  Citigroup Inc has created a unit within its energy investment bank dedicated to the clean energy transition, aiming to capture more business from the shift towards a lower carbon economy, according to an internal memo seen by Reuters. The entity will be headed by Serge...

Elon Musk wants a greener bitcoin. Has he got a plan or a pipedream?

  Elon Musk says Tesla won't use or accept bitcoin until he can be sure it's produced sustainably. He may be waiting some time. Musk announced his new position in a major U-turn on Wednesday, prompting speculation among some experts about whether he had a plan...

Mass shooting insurance in high demand as U.S. emerges from lockdown

Eco/Invest/Demography, Non-Life, Reinsurance       May 13, 2021

As normality filters back into American lives after a year of lockdowns, hospitals and other institutions are busy making provisions for one aspect of that old normal they would rather consign to the past - mass shootings. Last year was the least deadly for U.S....

Colonial Pipeline has cyber insurance policy: sources

    LONDON: Colonial Pipeline has cyber insurance arranged by broker Aon, with Lloyd's of London insurers AXA XL and Beazley among the underwriters, three sources told Reuters on Thursday. Colonial Pipeline has begun to restart the nation's largest fuel pipeline network after a ransomware attack shut...

Remote work leads to massive surge in hacking globally: Report

New York:  With most people working from home, due to the Coronavirus pandemic, there has been a surge in cyber crime. The year 2021 saw 5,258 data breaches across the globe, a third more breaches analysed than last year, according to a report on Thursday....

When will COVID-19 vaccines be widely available globally?

Eco/Invest/Demography, Health, Non-Life, Pandemic       May 13, 2021

  When will COVID-19 vaccines be widely available globally? Experts say it could be 2023 or later before the shots are widely available in some countries. The United States, Israel and the United Kingdom are among the nations where about half or more of the population...

Human catastrophe unfolding in India, Nepal a warning; S Asia must bolster health system: Amnesty

Eco/Invest/Demography, Health, Non-Life, Pandemic       May 13, 2021

  New Delhi: Governments across South Asia should treat as a warning the "human catastrophe" unfolding in India and Nepal, and immediately address healthcare shortages and strengthen their systems to respond to the rapid surge of COVID-19 cases, the Amnesty International said on Thursday. With India''s...

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