China will resolutely oppose Taiwan independence and external interference, says Xi Jinping

China will resolutely oppose Taiwan independence and external interference, says Xi Jinping

China’s President Xi Jinping on Tuesday said China will resolutely oppose “Taiwan independence” separatist activities and external interference, and firmly safeguard national sovereignty and territorial integrity. Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, made the remarks at a reception held at the…

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Catastrophe bond investors betting on disasters are helping make insurance affordable

Catastrophe bond investors betting on disasters are helping make insurance affordable

In many communities at high risk for natural disasters, a Wall Street financing tool that’s gaining popularity, called a catastrophe bond, may make it easier for homeowners to get insurance. On Oak Island, North Carolina, homeowners who face annual hurricane risk are seeing the impacts firsthand. The interest in catastrophe bonds comes as insured property…

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