Volatile space weather may sound like a far-fetched business risk but is, in fact, inevitable. Without adequate preparation, trillions of dollars in global economic damages could follow. Risks associated with extreme weather events are well known.
Hiding funds through unreported accounts, shell companies, transfer pricing, corporate inversions and other practices presents a high cost to national treasuries. Governments are now taking steps to combat the problem.
Canada is seeing increased public and government support for a guaranteed minimum income, with a pilot-project set for 2017. As automation, digitization, and globalization alter labour market dynamics, calls are increasing for...
Hostility is building up between the US and China over trade policy, particularly with regards to Chinese steel exports. What are the political forces driving these tensions, and what are the consequences for firms and investors?
Last week China shut down iTunes Movies and iBooks, shocking many investors. While Apple has in the past managed to avoid the Beijing’s caprice, this latest development shows that Apple is not immune to the hazards of doing business in China.
As a symbolic and data-rich target, Wall Street faces a number of cyber threats. Regardless of the size of an attack, there remains the need for effective recovery and response mechanisms, underpinned by preventative measures.
The recent Doha meeting of major oil producers failed to agree on oil output freeze deal and confirmed the existence of deep disagreements within OPEC. The oil prices agony continues as major oil producers failed to reach an agreement...
The fallout from the Panama Papers has landed in China, throwing doubts on President’s anti-corruption campaign and revealing a continued disregard for environmental regulations. The Panama Papers have shaken political figures around the world...
The revelation by the Panama Papers that some of the world’s rich and powerful hide money and assets abroad is not a new one. The extent to which they do it, the level of systematization and its unexpected connection to some...
On March 20th, President Barack Obama achieved yet another diplomatic milestone by becoming the first US leader to visit Cuba in 88 years. Obama’s visit has so far been the pinnacle of the US-Cuba rapprochement, which has produced...
The potential of Brexit risks dealing a critical blow to London’s financial sector. In the worst-case scenario, the loss of passporting rights could trigger an exodus towards Paris or Frankfurt from which the City will never recover.
Labor unrest is on the rise in China, driven by its economic slowdown and rising expectations for wages and labor rights, and exacerbated by problems in both local governance and China’s social safety net. Risks for businesses – both those with operations in China...
In the 14th century, the Medici family of Florence began its rise to prominence, investing profits from a thriving textile trade to fund what would become the largest banking institution in Europe. The success of the legendary banking...
Recent events have raised an alarm that China might be going into a decline. However, when you unpack the data, the signs become more reassuring for the Chinese economy. 2015 was another year of slow growth for China with several economic...
Over the past several weeks, Turkey and Saudi Arabia have repeatedly discussed intervening in the Syrian conflict. Is this sort of intervention likely? In recent days, the possibility of Saudi Arabia and Turkey intervening in Syria has been...
As desertification in China increases and government efforts to stop the sand’s advance falter, serious political risks are emerging from hub to hinterland. When most people think of China’s landscape, they envision rivers and rice paddies, yet much...
The Syrian crisis has shaken the foundations of the ‘European’ Project and polarized the European community. However, the continent is dealing with a small number of refugees in comparison to states in the Middle East Lebanon and Turkey have...
Why a historic fight over the Supreme Court is happening, why it is so unique, and what it means for the Court and its cases. With the death of conservative Supreme Court Justice Antonin Scalia, the United States is facing...
In a recently released annual report, the Federal Reserve issued rules for stress-test scenarios that include a move to negative interest rates. While the report is careful to categorize the scenarios as merely hypothetical, investors would be...
The People’s Bank of China (PBoC) has flooded China’s financial system with record amounts of cash this past week to pre-empt the annual liquidity crunch ahead of the Lunar New Year in early February. The central bank is cautiously refraining...
