Geopolitical Risks News

Global Financial Firms Reassess Risks of Operating in China if Taiwan Tensions Escalate

Global financial firms, still smarting from multi-billion dollar losses in Russia, are now reassessing the risks of doing business in Greater China after an escalation of tensions over Taiwan. Lenders including Societe Generale SA, JPMorgan Chase & Co., UBS Group …

U.S. Businesses in Taiwan See Limited Impact From Tensions With China

Most members surveyed by the American Chamber of Commerce in Taiwan said they had not been significantly affected by recent Chinese military drills around the island, but had heightened concerns, the group said on Friday. China, which claims Taiwan as …

China’s Military Drills Force Shippers to Reroute Vessels to Avoid Taiwan Danger Zones

Shippers rerouted vessels as China began its most provocative military drills in decades around Taiwan, with at least one owner barring ships from transiting the strait. Taiwan said China fired 11 missiles in waters around the island as of 4 …

China Digital Campaign Used Social Media to Target Mining Firms: Report

A pro-China propaganda campaign used fake social media accounts to try to stir up opposition, including protests, against mining firms that challenge China’s business interests, U.S.-based cyber-security firm Mandiant said on Tuesday. While politically motivated disinformation campaigns on social media …

Many Business Leaders Feel Unprepared for Growing Geopolitical Risks, Inflation

Many business leaders feel unprepared for growing geopolitical risks and inflation, according to a report published by Beazley. “Across the UK and U.S., fewer business leaders feel well prepared to manage geopolitical risks. Concerns about the possible consequences of war …

New Public-Private Consortium Aims to Develop Protection Against Systemic Risks

The Cambridge Centre for Risk Studies (CCRS) at the University of Cambridge Judge Business School is launching a new research consortium that aims to find ways to protect society against future systemic risks. Funding will be provided by an international …

Organizations Miss Competitive Advantage by Underemphasizing Emerging Risks: Marsh

Cyber attacks, climate change, geopolitical unrest — organizations agree on what some of the emerging risks that pose threats are. But they lag in understanding just how much of a threat they can be. Despite a broad consensus across large …

Iran Blames Israel for Explosion that Damaged Container Ship in Mediterranean

Iran said Israel was likely behind an explosion that damaged an Iranian container ship in the Mediterranean last week, as the longtime foes trade accusations of attacks at sea. “The geographical location of the sabotage operation directs the first suspicion …

UK Prime Minister Warns Climate Change Is Threat to World Security

British Prime Minister Boris Johnson warned world leaders Tuesday that climate change is a threat to security of all nations and sharply criticized people across the globe who say this is “green stuff from a bunch of tree-hugging, tofu-munchers and …

Businesses Should Take the Lead on COVID-19 Recovery, Climate Crisis: UN Chief

UN Secretary-General Antonio Guterres on Monday [Jan. 25] urged businesses to lead the way to a fair and sustainable recovery from the COVID-19 pandemic while tackling the climate crisis, adding the world had reached “a moment of truth.” Addressing a …