Tawana Tannock, managing director of Skuld Mutual Protection and Indemnity Association (Bermuda) Ltd has been elected as president of the board of directors of Hydra Insurance Company Limited, the cap.
By Gabriela Baczynska BRUSSELS (Reuters) -The EU s latest draft of new sanctions against Russia would make it more difficult than originally proposed to cut trade with third countries over busting existing restrictions, a document showed, after Berlin warned against targeting China. The EU is working on what would be its 11th round of sanctions since Russia invaded Ukraine in February last year, this time focused on cracking down on those breaking trade curbs already in place. To achieve that, the EU s executive European Commission proposed for the first time a new tool to limit trade with third countries deemed involved in bypassing sanctions after the bloc identified states in the Caucasus and central Asia as possible culprits. During a first discussion on the proposal among the 27 EU countries last week, Germany was a leading voice in warning against any possible future restrictions in trade with China. The document, an update from the Commission that was seen by Reuters, takes that
By Ben Blanchard and Liz Lee TAIPEI/BEIJING (Reuters) -Taiwan is keeping watch on a Chinese aircraft carrier but does not expect a large escalation in tensions, the government said on Thursday, after China denounced a meeting between Taiwan President Tsai Ing-wen and U.S. House Speaker Kevin McCarthy. McCarthy - the third highest ranking official in the U.S. leadership hierarchy - and other Republican and Democratic lawmakers met Tsai on Wednesday at the Ronald Reagan Presidential Library in Simi Valley, California. The meeting took place at a low ebb in U.S.-China relations and despite threats of retaliation from Beijing, which claims democratically governed Taiwan as its own and has never renounced the use of force to bring it under Chinese control. The Chinese carrier, the Shandong, was spotted on Wednesday and was currently 200 nautical miles (370 km) off Taiwan s east cost, Taiwan Defence Minister Chiu Kuo-cheng told reporters at parliament in Taipei. It is training but the timing