Vessel insurance in focus after US strikes on Venezuela insurance The waters surrounding Venezuela see significant maritime traffic. However, following US air strikes on the country on Friday, an insurance body has advised shipowners to consult with underwriters before sailing. Venezuela is home to the largest proven oil reserves on earth, resulting in busy trade via its waters. Puerto Cabello is the country’s busiest port, [...]
FTSE 100 closes above 10,000 after Trump triggers defence rally Markets British defence and mining stocks set the FTSE 100 flying high on Monday after the fallout from the United States’ capture of Venezuelan President Nicolas Maduro heightened investor appetite. The surging stock prices helped the blue-chip index cement its first close over the 10,000 mark, ending the session at 10,004.57 after a 0.5 per cent [...]
Venezuelan President Nicolas Maduro indicted in New York on drugs and weapons charges Politics Venezuelan President, Nicolas Maduro, will stand trial in the US, after both he and his wife were captured and flown out of the country by US special forces on Saturday morning. US Attorney General, Pam Bondi, has confirmed that both Maduro and his wife have been indicted in the Southern District of New York. Bondi [...]