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Operational & Physical Risks

  • Per media reports on April 16, 2018, due to lack of funds in Tunisia the government has been criticized and blamed by the Tunisian General Labour Union (TGLU) for the deterioration of the economy.
  • On April 18, Puerto Rico suffered a new massive power outage leaving the entire island without electricity.

Hazard & Event Risks

  • The Public Health Agency of Canada announced that a total of 126 cases of gastrointestinal illness from mid-March to early April 2018 associated with the consumption of raw oysters had been confirmed.
  • According to information released by the Brazilian Ministry of Health, the vaccination campaign in Brazil against yellow fever is far below its targets, with more than 10 million people who had been considered for vaccination not yet vaccinated.
  • On April 10, 2018, two buildings collapsed in the Imbaba district of the Greater Cairo metropolitan area.

Market & Economic Risks

  • In South Africa the chief financial officer of state-owned ports and rail utility company, Transnet SOC Ltd., has resigned over graft allegations; Garry Pita was serving as the CFO of the firm since February 2016.
  • Per media reports from Libya, president of the National Oil Corporation (NOC), Mustafa Sanalla, urged the EU to combat the problem of fuel smuggling and extend the mandate of the EU’s naval mission in the Mediterranean.
  • On April 10, a spokesperson from the government of El Salvador announced that they have formally resumed negotiations with Honduras and Guatemala to join the customs union agreement that began in June 2017.
  • States across India are experiencing a severe shortage of cash with many ATMs putting up signboards of “no cash available” in several cities and towns.

Technology & Information Risks

  • According to a survey done by the independent nonprofit organization ISACA (Information Systems Audit and Control Association), over 50% of organizations surveyed had vacant cyber-security positions, mainly because available applicants lack the adequate skills required.
  • Researchers at Symantec Cyber-Security Company discovered a vulnerability affecting all iOS-powered devices.
  • Per reports on April 17, 2018, a new Android malware is being distributed through the domain name system (DNS) hijacking technique that targets smartphones in Asia, according to cybersecurity firm Kaspersky Labs.

April 23, 2018

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