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Each week, we break down international news into our four quadrants of risk and present ways to mitigate those risks. 

Market and Economic Risks

Pakistan’s prime minister Abbasi announced that the country would not devalue its currency, the Pakistani rupee (pkr), despite falling foreign exchange reserves and declining credit ratings. In Poland, the national labor inspectorate reported hazard that since 2007, labor inspectors have carried out nearly 240,000 controls on employment legality concerning 18 million people in the construction industry. The Brazilian government is considering excluding imports of powdered milk from Argentina and Uruguay from the Mercosur free trade agreement due to a complaint from Brazilian producers. According to data published by the confederation of rural associations of Buenos Aires and La Pampa, the recent rains have flooded almost a third of the two regions covered by this confederation.

Technology and Information Risks

The U.S. internal revenue service has warned tax professionals that ransomware attacks are rising worldwide. An adware through Facebook's messenger portal was spreading malware and targeting users globally. Symantec Corp, a digital security company, reported that it had identified a cyber-spying malware being used against security firms in India and Pakistan. The Indian government is finalizing cyber-security standards for mobile phones to enhance data protection, which are expected to be announced next month.

Hazard and Event Risks

Media outlets have reported that security forces in Myanmarintensified operations against the country's Muslim minority, the Rohingya. Brazilian president Michel Temer published a decree with which the Reserva Nacional do Cobrey Asociados protected area (or Renca) has now been opened to private mining operations. An unprovoked attack against a police officer took place at Medborgarplatsen Square in central Stockholm, injuring but not killing the officer.

Operation and Physical Risks

In India, additional domestic flights will be operating in the Indian cities of New Delhi, Chandigarh, and Amritsar, in the aftermath of violence on August 25. Media outlets reported that Google submitted a proposal to the European commission on how it plans to comply with the EuropeanUnions antitrust laws. On august 28, 2017, protesters began a 10-day march from Charlottesville, Virginia to Washington, D.C., to demonstrate against president Donald Trump and his alleged support for white nationalist groups. The U.S. house of representatives announced that it will hold a vote on a proposal to expedite the deployment of self-driving cars and prevent states from banning autonomous vehicles.

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