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Hazard and Event Risks 

  • Last week, media outlets reported that at least 19 people were killed in the city of Uruapan, Michoacan State. 
  • At least 237 people have died and dozens have disappeared as of last week due to the heavy monsoon season in India and Myanmar.
  • All flights were suspended for two days last week at the Hong Kong International airport due to the presence of hundreds of demonstrators in the facility. 

Operational and Physical Risks

  • Guatemala’s electorate cast ballots in the second-round runoff vote to choose the next president last week. 
  • A judge with the U.S. District Court for the Northern District of Texas granted American Airlines’ petition for a permanent injunction against the aircraft mechanics union that will prohibit the union from conducting illegal work slowdowns last week. 

Technology and Information Risks

  • Last week, Cloud Atlas, a suspected Russian advanced persistent threat group, also known as Inception, continued to execute cyber-espionage operations on governments and organizations.
  • Last week, the Seattle’s Justice Department declared a 33-year-old woman guilty of stealing massive data from Capital One Financial Corporation and around 30 companies and other entities which have not been named. 
  • Last week, the Security firm Dragos warned gas and oil companies about “Hexane” anew hacking group that is targeting telecommunications, gas and oil companies in Africa and the Middle East. 

Market and Economic Risks

  • Dr. Alejandro Giammattei was declared the winner of the Guatemalan run-off election held last week. 
  • The Argentinian stock market registered a fall of approximately 37% following the primary election’s results last week.
  • Last week, Economists at Goldman Sachs, Bank of America, Morgan Stanley have warned that five of the 20 biggest economies in the world are at high risk of an economic recession by 2020. 

August 19, 2019

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