International
Debt, AI Boom and Financial Fragilities Raise Global Risks, BIS Says
Global pressures from rising public debt to financial fragilities and the sustainability of the AI boom are increasing risks, underscoring the need for disciplined policymaking, according to the Bank ...
U.S. and World Bank Creating Political Risk Insurance for Ukraine Fund
The U.S. International Development Finance Corporation has agreed with the World Bank's guarantee arm MIGA to create a political risk insurance framework for a U.S.-Ukrainian reconstruction ...
Supply Shocks Beyond Hormuz: Other Ports Face ‘High’ Risk of Disruption
Supply chain shocks extend beyond the Strait of Hormuz, according to research from Verisk Maplecroft, which finds roughly one-third of major ports and airports are exposed to 'high' or 'very high' ...
U.S.-Iran Deal Promises End to War but How it Will Work Remains Unclear
Doubts swirled around the U.S.-Iran interim deal to end the war in the Middle East as shippers said it could take weeks for confidence to return after any reopening of the Strait of Hormuz, and ...
Natural Disaster Insurance Gap Now Exceeds $420 Billion Globally
The value of uninsured natural catastrophe losses rose more than 7% globally last year to $424 billion, with North America the most exposed region, according to a fresh analysis. While insurance ...
War Overtakes Civil Unrest as Top Political Violence Exposure for Global Businesses
War has overtaken civil unrest as the political violence exposure that companies fear most, as conflicts in Europe and the Middle East disrupt global trade flows, strain political alliances, embolden ...
AIG Agrees to Acquire Everest’s Colombian Operations
American International Group (AIG) announced it has entered into a definitive agreement to acquire Everest Group's Colombian insurance subsidiary. AIG said the acquisition of Everest Compañía de ...
Supply-Chain Stress That Peaked in COVID Heads Higher Again
The impact of the energy crisis on the global economy in recent months is showing up in gauges of supply-chain stress that flashed red during the pandemic, adding to reasons for central banks to be ...