Insurance companies are facing a sharp increase in reinsurance prices

Insurance companies are facing a sharp increase in reinsurance prices

Hurricane season is almost over, although another storm is potentially headed for Florida. For insurance companies, the worries do not end on November 30. The insurance companies are in the middle of negotiations with reinsurers who are trying to raise interest rates by 10% to 30%. Almost two-thirds of US property catastrophe coverage is renewed … Read more

Ukraine’s Zelensky sets conditions for ‘real’ peace talks with Russia

Ukraine’s Zelensky sets conditions for ‘real’ peace talks with Russia

Ukrainian President Volodymyr Zelensky said he was open to “genuine peace talks” with Russia after pressure from Western backers to signal readiness for talks amid concerns about the mounting costs of the eight-month war. Mr. Zelensky said Ukrainian conditions for talks included returning Ukrainian control over its territories, compensating Kiev for Moscow’s invasion and prosecuting … Read more

The West sees little else but to continue supporting Ukraine

The West sees little else but to continue supporting Ukraine

Washington and its allies see little prospect of a negotiated end to the war in Ukraine soon, given the high stakes for Moscow and Kiev and the fact that both sides believe they can win, Western diplomats say. The North Atlantic Treaty Organization and its members say they are determined to keep providing economic and … Read more

Ukraine accuses Iran of training Russian drone pilots

Ukraine accuses Iran of training Russian drone pilots

KYIV, Ukraine- Ukraine said it has evidence of Iranian instructors training Russians to operate drones used to hit civilian targets across the country in attacks so damaging that the capital’s mayor urged residents to consider temporarily leaving the city . Kyiv Mayor Vitali Klitschko advised residents to stock up on essentials such as water, charged … Read more

The Ukraine war gives Turkey’s Erdogan an opportunity to expand his influence

The Ukraine war gives Turkey’s Erdogan an opportunity to expand his influence

ISTANBUL – Turkish President Recep Tayyip Erdogan is deepening his country’s military support for Ukraine while keeping an open line of communication with his Russian counterpart Vladimir Putin – a relationship that helped keep Ukrainian grain exports afloat this week – as he tries to expand Turkey’s role as a regional electricity broker. In recent … Read more

North Korea fires ballistic missiles off its west coast

North Korea fires ballistic missiles off its west coast

SEOUL – North Korea fired four short-range ballistic missiles off its west coast on Saturday as the United States and South Korea wrapped up joint air drills that were extended in response to Pyongyang’s provocations. The missiles were fired between 11:32 a.m. and 11:59 a.m. local time from North Pyongan province, located in the country’s … Read more

Iran admits supplying drones to Russia

Iran admits supplying drones to Russia

Iran publicly acknowledged for the first time on Saturday that it has supplied drones to Russia, but said the transfer took place before Moscow invaded Ukraine, a claim that US officials quickly disputed. Ukrainian officials say Russia has launched more than 300 Iranian drones that have targeted civilian buildings in the capital, Kiev, as well … Read more

Ukraine limits power consumption as Russian strikes take a toll on the power grid

Ukraine limits power consumption as Russian strikes take a toll on the power grid

DNIPRO, Ukraine-Ukraine imposed widespread power restrictions in seven regions, including the capital Kyiv on Saturday, as weeks of Russian attacks targeting energy infrastructure take a toll on the grid. Ukrenergo, the operator of Ukraine’s electricity transmission system, said the temporary restrictions on all consumers in seven regions were necessary to reduce pressure on the network. … Read more

‘The Big One Is Coming’ and the US military is not ready

‘The Big One Is Coming’ and the US military is not ready

A U.S. Marine walks on the deck of the aircraft carrier USS Ronald Reagan, where F-18 fighter jets are parked, during a goodwill visit in Manila, Philippines, Oct. 14. Photo: ELOISA LOPEZ/REUTERS Russia’s invasion of Ukraine exposed the fading power of America’s military deterrent, a fact too few of our leaders seem willing to admit … Read more

Imran Khan accuses Pakistani leaders of shooting as political tensions rise

Imran Khan accuses Pakistani leaders of shooting as political tensions rise

ISLAMABAD, Pakistan – A day after being shot, former Pakistani Prime Minister Imran Khan claimed that the country’s leader and a senior military official were behind the attack on him without providing any evidence for the claim, which the government and army have denied. Mr. Khan was shot in the leg on Thursday as he … Read more