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US confirms drone sale to South China Sea allies

US confirms drone sale to South China Sea allies

In a move that could inflame tensions with China, the US has boosted the surveillance capabilities of its allies in the South China Sea through the sale of 34 ScanEagle drones for $47m
Insurance | Markets
Hurricane Irma struck Florida earlier this month, resulting in $25-50bn worth of insured losses, according to Fitch Ratings

US and Caribbean insurance companies face a potential $145bn bill following hurricanes

The destruction caused by storms Maria, Irma and Harvey have raised costs for insurers in the US and the Caribbean
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