A “perfect storm” of climate change, soaring inflation, and aging infrastructure is driving a dramatic surge in the cost of natural disasters, experts warn. These skyrocketing expenses are creating huge challenges for recovery efforts and placing enormous strain on insurance industries across Australia
Canadian travellers, airlines, and airports could face significant financial challenges if U.S. border pre-clearance is removed, warns an expert. This change might lead to longer wait times and higher costs, causing major disruptions to cross-border travel and trade
US subsidy rules are set to disrupt Germany’s BayWa renewable energy unit, threatening its competitive edge. These new regulations could seriously challenge BayWa’s bold ambitions to expand in the US market
Trump’s trade deal with the EU paves the way to cut tariffs and turbocharge exports, promising lower prices on everyday items for American consumers. Experts weigh in on how this could impact wallets nationwide
A recent report by Casino.org unveils a staggering revelation: Japanese gamblers placed an eye-popping $45 billion in bets on illegal online casino platforms in 2024. This dramatic increase raises significant alarms about the risks of unregulated gambling and its potential impact on public safety and financial stability across Japan.
Pakistan’s persistent airspace ban on India is poised to inflict a hefty financial blow on Air India, with estimates suggesting a staggering loss of $591 million in the coming year, as highlighted in a recent report by Al Jazeera. These restrictions not only complicate flight routes but also hinder operational efficiency, creating significant challenges for the airline.
A seasoned bus driver in Japan, who dedicated 30 years to his profession, has shockingly forfeited his $84,000 pension after being caught pilfering a mere $7. This startling incident has ignited a debate about the severe consequences faced for minor infractions in the public sector.
France is sounding the alarm on rising insurance costs driven by climate change, as catastrophic weather events increasingly impact property and infrastructure. Authorities urge a reevaluation of risk assessments to bolster financial protection for at-risk communities.
Starting Tuesday, Trump’s tariffs on imports from Canada and Mexico will take effect, affecting a range of goods. Consumers could see rising prices on products such as steel, aluminum, and certain food items as costs increase along the supply chain.
