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On Tuesday, Britain slapped sanctions on Maritime Mutual, the New Zealand–based marine insurer spotlighted in a recent special investigation by Reuters.
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In a striking turnaround, President Donald Trump declared on Tuesday that he believes Ukraine has the potential to reclaim all territory seized by Russia—marking a dramatic departure from his previous calls for Kyiv to make concessions to end the conflict.
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Western insurers on Tuesday suffered a setback in London as the High Court rejected their attempt to appeal a ruling that grants aircraft lessors more than $1 billion from war-risk insurance policies, compensating for jets stranded in Russia since the invasion of Ukraine.
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On Friday, the European Union approved its 18th sanctions package against Russia in response to the ongoing war in Ukraine, introducing additional measures designed to inflict further damage on Russia’s oil and energy sectors.
On Tuesday, Britain slapped sanctions on Maritime Mutual, the New Zealand–based marine insurer spotlighted in a recent special investigation by Reuters.
