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The UN calls for a demilitarized zone around Ukraine’s Zaporizhzhia nuclear power complex. The US CDC revises guidance on COVID-19 quarantining, reflecting assessment of near herd immunity. Canada boosts its foreign aid budget to over $6 billion to help hard-hit countries in Africa and the Middle East. Analysis: Ukraine War Update: Accelerating Global Realignment and Risks of Conflict.

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A rundown of important global risk developments in markets, in business, and region by region.

Analysis: Ukraine War Update: Accelerating Global Realignment and Risks of Conflict

After almost six months, the Ukraine war is accelerating a global realignment as countries solidify alliances based on shared strategic interests. The shifting of the global order is creating great uncertainty and increased risks of conflict, not seen since World War II.

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