International
Four places that could become water conflict zones
Water is the single most important resource on the planet but human consumption is already beginning to outpace growth of the global water supply. As a result, tensions over shared water
Islamic finance expands into post-Soviet states
Experts have calculated that Islamic Banking will be a $2.1 trillion industry by the end of 2014. Governments across the former Soviet Union are increasingly turning toward Islamic Finance as
To understand risk management, look to heuristics
From the Bible to Bagehot, heuristics have been central to risk management culture. The 21st century science of risk management needs to work hand-in-hand with the age-old art of heuristics. Heuristics—
Russian sanctions create unexpected winners
No losers without a winner. Producers across several countries rush to fill the gaps caused by Russia’s sanctions against Western food products. The tit-for-tat exchange of sanctions between Western powers and
Risk is not limited to internal corporate audit
Could concentrating ERM functions in internal audit, under a supervising corporate audit committee, be an obstacle to developing effective enterprise-wide risk management? Managing risks should involve all levels of corporate management and staff,
Will a partnership emerge between Israel and Ukraine?
In the midst of respective civil conflicts, Israel and Ukraine find themselves being drawn closer together. A strengthened partnership between the two countries could yield a number of strategic dividends.
Will commercial airlines avoid conflict zones?
Commercial airlines are reconsidering flying over “hot” conflict zones after the recent Malaysia Airlines flight MH17 crash over eastern Ukraine. How long will this change last? EU and US sanctions and
Relations with Russia are Cold War in all but name
New EU and US sanctions against vital sectors of Russia’s economy is the most comprehensive Western answer to Russia’s continuous support for separatists in Eastern Ukraine. With the Ukrainian army gaining
5 ways inflation is defining the 2014 economy
Inflation, or lack thereof, is an important global economic indicator. Whether it is Sweden or Brazil, central bankers or policymakers, here’s a look at why inflation is so influential. 1. Europe, Japan,
Risk literacy required at all corporate levels
The strategic process is fraught with uncertainty. Misunderstanding uncertainty and risk can undermine strategic efforts, but implementing risk literacy at all corporate levels can help mitigate the effects. Strategic management involves
