World Bank Sees Record Demand for Political Risk Insurance

Investors’ demand for insurance against political risk is on track to match last year’s record as instability persists in the Middle East and disputes in Latin America erode confidence, the World Bank said. Investment insurance for developing economies by a group of the main public, private and multilateral providers reached $45 billion by mid-2013, according to the bank’s Multilateral Investment Guarantee […]

Continue reading

U.S. issues global travel alert, cites al Qaeda threat

“(Reuters) – The United States issued a worldwide travel alert on Friday warning Americans that al Qaeda may be planning attacks in August, particularly in the Middle East and North Africa. The State Department travel alert was based on the same intelligence that prompted it to close 21 U.S. embassies and consulates on Sunday, August […]

Continue reading