I was in New York City for much of this past week, where the news cycle follows you into the subway and into the back of the yellow cab and generally is much harder to avoid than in other parts of the world.
Wall Street braces for a longer-term disruption from Iran war, loading up on shares of laggard oil-and-gas producers, write David Uberti and Jared Mitovich, The Wall Street Journal.
The combination of factors that led to a joint spike in energy prices and general inflation four years ago is not repeated this time around – yet prices, including those of energy, are rising.
The current energy shock is not just about war – it is the result of long-term policy failures that have left Europe dependent, exposed, and scrambling for alternatives.
In the last year, the Committee to Protect Journalists estimates that at least 123 journalists and media workers are among the nearly 43,000 confirmed killed in Gaza. Others are being targeted. It is far past time for western journalists to say no more.
For seven days, the world's biggest aircraft lessors laid out their claims to recover losses on planes beached in Russia due to the war in Ukraine. From sanctions to settlements, the defendants will now argue why cover is being denied.
Global aircraft lessors are claiming billions in losses from aircraft detained in Russia following war sanctions. In a legal battle set to last six months, the Commercial Court got a first taste of why major insurers like Lloyds and AIG have declined cover.
Liquidators were appointed last May to GTLK Europe, an Irish-based subsidiary of sanctioned Russian transport leasing giant JSC GTLK. They are now claiming insurance cover on 37 jets stuck in the Russian Federation.
They say their insurance policies were meant to pay out in 90 days for aeroplanes lost by acts of war. Yet nearly a year after Russia's full-scale invasion of Ukraine, some of the world's largest aircraft lessors are fighting tooth and nail for compensation.
The gaming business has revenues greater than the music and film industries combined. Nikki Lannen, founder of WarDucks, is confident she has a top grossing game on her hands that could make up to a billion dollars.
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