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...The number of tankers shipping Russian oil without western insurance has risen since the introduction of the cap....
...Washington and the EU are preparing new sanctions on the Islamic republic, in part to dissuade Israel from escalating the conflict with Tehran by retaliating....
...Now, the potential problem is western countries seeking to de-risk their supply chains....
...The fund also retains full ownership of energy group Botaş, widely seen as one of Turkey’s crown jewel assets, national postal company PTT and a large port near the western city of Izmir....
...He has received an award for his “services” to the pro-Russia separatist Donetsk People’s Republic....
...insurance services — a potential breach of restrictions imposed by western powers to try to crimp Moscow’s oil revenues....
...into bank parent companies....
...Private capital investors have acquired more than $900bn in life and annuity assets in western Europe and North America, according to McKinsey & Company....
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...First: the insurance sector is continuing to pay large ransoms to hackers, on behalf of companies, even though the governments of countries such as the US and UK have urged them to stop, arguing that this...
...That assault prompted Washington on Thursday to announce sanctions on 16 individuals and two companies that aid the production of unmanned aerial vehicles, such as drones, in co-ordination with measures...
...Greece is concerned that contracts could be signed with Turkish defence companies....
...US plans for shutting down a global bank call for removing top management, wiping out the shareholders and imposing losses on creditors of its holding company....
...This is what happened when the FDIC auctioned off First Republic last year, little more than a month after the collapse of Silicon Valley Bank....
...“It’s not something like a ban but we would prefer European companies . . ....
...Iranian forces have previously seized tankers during periods of heightened tension with the US and other western states....
...Insurance group Zurich has accused financier Lex Greensill, steel magnate Sanjeev Gupta and certain of their companies of a “conspiracy” to deceive its underwriters and create sham debts....
...Iran is already subject to hundreds of western sanctions, including for supplying drones to Russia for use against Ukraine....
..., Signature and First Republic....
...Here’s more on the limits of western attempts to rein in the Islamic republic....
...“The insurance industry has a problem in that region for the foreseeable future.”...
...In principle, I welcome that — but I’m worried that, despite its undoubted good intentions, the EU is indulging in a certain make-believe in its policies towards the troubled former Yugoslav republic....
...Of the 20 vessels that declined the use of the pilots, only three are covered by a recognised western insurance provider....
...That is a lot of companies rejected. This is bad. Western economic growth is predicated on the health and success of SMBs. In the US, they employ 46 per cent of private sector workers....
...risk before its failure this year, the Federal Deposit Insurance Corporation said on Friday....
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