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Hazard and Event Risks

  • Per reports from India, the fatal Nipah virus (NiV) has killed at least 11 people in Kerala state, while two people suspected to be infected are undergoing treatment in Karnataka state.
  • In recent days, the US Centers for Disease Control and Prevention (CDC) recommended travelers to avoid all non-essential travel to Venezuela due to the current scarcity of healthcare supplies and services.

Operational & Physical Risks

  • Per reports last week, U.S. Commerce Secretary Wilbur Ross said that the country was considering alternatives to the severe sanctions imposed on Chinese telecom manufacturer ZTE Corporation.
  • On May 21, the U.S. Supreme Court ruled companies be allowed to require employees to sign away the ability to bring class-action lawsuits over disputes. It is estimated approximately 25 million employees have signed arbitration agreements.
  • On May 23, 2018, the United States Department of State (DOS) issued a warning to U.S. citizens in China, that a U.S. government employee in Guangzhou had been the victim of a possible sonic attack

Technology and Information Risks

  • Per reports on May 23, 2018, technology company Cisco has warned of an imminent cyber-attack through the VPNFilter malware. Over 500,000 routers across 54 countries, a majority of them in Ukraine, have reportedly been hacked.
  • Researchers from Microsoft and Google’s Project Zero have discovered a new vulnerability in Intel, ARM, and AMD processors.

Market & Economic Risk

  • Per reports on May 25, 2018, the bailout of Indian banks is “stumbling” as banks record continuous losses.
  • On May 23 in Bolivia, more than 100 people in Santa Cruz department took to the streets to protest the increase to the electricity tariffs applied since the beginning of the month. Inhabitants of the city urged the Ministry of Electricity to seek alternative ways to settle production costs and prevent the service from becoming a “luxury good.”
  • Per reports on May 24, 2018, the number of foreign workers in Saudi Arabia has dropped by 785,000 employees in the past 15 months, while the employment rate of Saudi nationals has increased during the same period.
  • Per reports on May 21, 2018, fears of a cobalt supply disruption have surfaced amid an outbreak of Ebola in the Democratic Republic of Congo (DRC).

May 29, 2018

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