Bank Of Baku

Control Risks warns of three global risks to business in 2009

Control Risks warns of three global risks to business in 2009
# 08 January 2009 16:07 (UTC +04:00)
Baku. Aynur Veliyeva – APA-Economics. Control Risks has recently released its 2009 annual forecast of the global political and security risk environment.
The report highlights financial crisis, scarcity and kidnapping and piracy as global riskes.
Though countries, including the US, UK, Russia, Brazil and Mexico, are exposed to the global financial crisis, the report highlights that they may also have the greatest ability to ride out the crisis, with the money to bolster their economies, such as by bailing out ailing banks, to guarantee debt obligations and intervene in the currency markets to preserve their international credibility.
Resource scarcity will also impact the political risk environment for business next year.
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