Terrorism and political violence at four year high warns Aon

Terrorism and political violence at four year high warns Aon

Terrorism and political violence at four year high warns Aon

Worldwide terrorism and political violence is at its highest level since 2013 as global terror attacks increased 14% last year, including a 174% rise in western countries, according to Aon. However, Aon’s newly released 2017 risk maps for political risk, terrorism and political violence paint a slightly more positive picture when it comes to political risk. For the first time…

Coface sees global business confidence growing but political risk widespread

Coface sees global business confidence growing but political risk widespread

Coface sees global business confidence growing but political risk widespread

Despite persistent political risk, business confidence is reported to be growing in the advanced economies, and financial markets are buoyant. This, combined with economic recovery in the emerging countries, has led Coface to upgrade its global growth forecast to +2.8% and that of global trade to +2.4%. Coface said the rise in business confidence is perceptible but is not yet…

Ethiopia dam attack attempt not viable threat but indicates increased terrorism risk

Ethiopia dam attack attempt not viable threat but indicates increased terrorism risk

Ethiopia dam attack attempt not viable threat but indicates increased terrorism risk

A planned attack against Ethiopia’s Grand Renaissance Dam (GRD) hydroelectric project was thwarted by security forces on 1 March, according to an Ethiopia government spokesperson. Jordan Anderson, country risk analyst, IHS Markit, said: “The militants allegedly belonged to the Benishangul People’s Liberation Movement (BPLM) and were intercepted by security forces near the town of Asosa, the capital of Ethiopia’s Benishangul-Gumuz…

Risk management key as 2017 to be difficult year for strategic planning

Risk management key as 2017 to be difficult year for strategic planning

Risk management key as 2017 to be difficult year for strategic planning

This year will be one of the most difficult for businesses’ strategic decision making since the end of the Cold War, according to Richard Fenning, CEO of Control Risks. Launching its annual RiskMap, he said: “The unexpected US election and Brexit referendum results, which caught the world by surprise, have tipped the balance to make 2017 one of the most…

Changing military dynamic may lead to heightened security threat

Changing military dynamic may lead to heightened security threat

Changing military dynamic may lead to heightened security threat

The Ugandan People’s Defence Force’s (UPDF) phased withdrawal of its 2,500 troops from the African Union Regional Task Force (AU–RTF), scheduled to complete by October 2016, comes amid Uganda’s wider reconsideration of its regional military commitments. This indicates the country no longer perceives the Lord’s Resistance Army (LRA) as an imminent security threat, according to analysts from IHS.