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Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific...

10th Allianz survey: Business interruption, Pandemic outbreak and Cyber incidents are the top three global business risks for 2021 -- all strongly interlinked. Globally, Pandemic outbreak rockets to #2 from #17 and is seen as main cause of business interruption in 2021, followed by Cyber incidents. Companies look to de-risk supply chains and boost business continuity management for extreme events. In Asia Pacific, the top three risks are mirrored although Business interruption swaps places with Cyber incidents, which ranks #1 for the second consecutive year. Market developments (#4), Macroeconomic developments (#8) and Political violence (#10) are all rising global risks. Socioeconomic consequences of the pandemic will bring more insolvencies and likely fuel further civil unrest in 2021. Climate change falls to #9 globally but will be back on the board agenda as a priority in 2021.

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House Republicans claim to have bank wires from Beijing going to Joe Biden’s Delaware...

House Republicans say they have uncovered bank wires obtained by subpoena that allegedly reveal Hunter Biden received payments originating from Beijing that listed President...

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