Survey Finds Africa, Asia Cities Most at Risk from Global Climate Change
Countries and megacities in Africa and Asia are among the most vulnerable to the impacts of climate change over the coming years, a global survey shows, underscoring the risks from floods, rising sea levels, droughts and storms. With populations in …
When Rating Agencies Judge the World – an Analysis
The man who holds in his hands the fate of U.S. credit, and with it potentially the global economy, favors small tie knots, sports a bushy mustache and smokes his fair share of cigarettes. Beyond that, he is a mystery, …
Arab Political Shocks Demand Risk Rating Rethink
Attempting to predict the future, rather than imagining possible versions of it, may have blinded risk analysts to the likelihood of this year’s uprisings across the Middle East and North Africa. Concentrating on what precedent taught was probable, and trying …
Rating Agencies Might Stop Reports Due to EU Threats Say Sources
Credit rating agencies have warned the European Commission that they could stop rating risky countries if the EU executive goes ahead with plans to make them legally liable for errors of judgment, industry sources said. Tensions have been rising between …