US and China, Battle of the Global Superpowers

Once partners, the US and China are now each other’s chief adversaries. Over the past decade, relations between these two powerful nations have deteriorated due to opposing governance styles, human rights concerns, and practices – like economic activities – which do not abide to the rules-based order that the US and many western countries advocate…

International Risks in 2023

International risks are increasing and so is the need to build risk resilience. The world is becoming more interconnected than ever before and this means that if a country or company makes a decision, people around the world are affected by their decisions. And because of this increased connectivity across industries, technologies, borders and cultures,…

Friend shoring, near shoring, and international risk mitigation

Friend-shoring and near-shoring are risk mitigation strategies that involve outsourcing business processes or functions to companies or individuals located in nearby countries or regions in order to increase risk resilience. These strategies can be used to reduce a variety of risks, including financial, legal, and operational risks. Friend-shoring refers to outsourcing to countries that are…

Resilience and international risk

Resilience is the portal to opportunity Resilience is the ability to bounce back from adversity, to withstand and recover from difficult experiences. Resilience to international risk is a quality that enables individuals and communities to withstand and recover from stress, trauma, and challenges. Developing resilience is important because life is full of ups and downs,…

Information security management systems and risk mitigation

ISO 27001 and information security management ISO 27001 is an international standard that outlines the requirements for an information security management system (ISMS). It helps organizations ensure the confidentiality, integrity, and availability of their information assets by establishing and maintaining appropriate safeguards. One of the key aspects of ISO 27001 is its focus on risk…

The international risk of data breaches and cybersecurity

Cybersecurity is a critical concern for businesses of all sizes, and the risks are even greater for those that operate internationally. With the increasing reliance on technology and the internet in today’s global economy, it is more important than ever to protect against cyber threats that can compromise sensitive information and disrupt operations. With financial…

Economic and financial international risks

The outlook is full of uncertainty, volatility and persistent risk. This is partially due to the huge amounts of government spending all around the world over the last three years in response to the Covid pandemic. This debt burden and international risk will take decades to pay back. At the same time, we are experiencing underinvestment in several important areas, which means new risks to longer term growth.