insurance, a headache for companies

War risk is not covered by damage insurance. In Russia, the situation has hardened. The Russian invasion of Ukraine makes the life of companies present in these two countries particularly complex. This is especially true in insurance. Generally, large groups have international insurance programs. Their local subsidiaries are covered by Western insurers established locally or … Read more

Google’s Russian subsidiary to file for bankruptcy

Google Russia’s bank account has been seized by authorities. The group assures that its services will continue to operate in the country. The Russian subsidiary of the American giant Google, whose bank account has been seized by the Russian authorities, has announced its intention to file for bankruptcy but will continue to provide its free … Read more

Zurich Insurance withdraws from Russia by reselling its activities to its local team

The Swiss insurer Zurich Insurance will sell its activities in Russia to its local team in order to withdraw from the market, it announced on Friday without revealing the financial details of the transaction. The group has signed an agreement with eleven members of its team in Russia to resell its activities in the country … Read more

In the Central African Republic, a legalization of bitcoin which arouses perplexity and suspicion

In the Central African Republic, the second least developed country in the world according to the UN, under humanitarian assistance and in civil war for nine years, where one inhabitant in 10 has electricity and the Internet, the adoption of bitcoin as legal tender seems to the least absurd. So much so that the only … Read more