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Hazard and Event Risks 

  • Last week in Mexico, the Environmental Commission of the Megalopolis declared an “extraordinary environmental emergency” due to the high levels of PM 2.5, an atmospheric particulate matter, and ozone in Mexico City and surrounding states. 
  • In Brazil, thousands of university professors and students protested nation wide against cuts on the federal budget affecting higher education in the country last week. 
  • A group of gunmen attacked a coal mine operation and detonated a bomb last week in the Harnai District in northeastern Balochistan province of Pakistan, killing at least five people and injuring one. 

Operational and Physical Risks

  • About 15 Greenpeace activists conducted a demonstration in Sydney, Australia to demand that political parties take action against climate change and recognize the climate emergency. 
  • The Portuguese parliament rejected a retroactive wage increase for the teachers’ union last week, worth 635 million euros, arguing that public finances cannot sustain the expenditure. 
  • In the U.S., Weather reports informed that heavy rainfall last week caused floods and the Mississippi River's water levels to increase in Louisiana, severely affecting New Orleans.

Technology and Information Risks

  • Researchers from Chinese cyber-security company Qihoo 360’s NetLab found that more than 150e-commerce websites contained malicious scripts that allowed cyber thieves to steal private financial information last week. 
  • A security researcher declared last week that the ransomware known as WannaCry continues to infect computer systems sporadically. 
  • WhatsApp identified a vulnerability by which malicious actors were able to install malicious surveillance software in devices that count with the application last week. 

Market and Economic Risks

  • Four commercial tanker ships were sabotaged in international waters near the United Arab Emirates Port of Fujairah in the Gulf of Oman last week. 
  • The U.S. government announced a tariff rise, from 10% to 25%, on Chinese goods worth $200 billion, as trade talks continued last week. 

May 20, 2019

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