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US President Biden warns Russian invasion of Ukraine looks likely; Russia has begun evacuating its diplomatic families from Ukraine. ECB President Christine Lagarde has rejected calls for the European Central Bank to tighten monetary policy. The UK ends Plan B COVID restrictions, judging the Omicron surge is over. Analysis: SCOTUS Strikes Down Federal Vaccine Requirement: What Does This Mean for Private Employers?

Condition Updates

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

Analysis: SCOTUS Strikes Down Federal Vaccine Requirement: What Does This Mean for Private Employers?

The US Supreme Court (SCOTUS) on January 13th blocked the Biden Administration’s vaccine and testing requirement for private businesses with over 100 employees. While it is a early to say conclusively what this SCOTUS decision will mean for private companies, indications are that most US employers will keep some form of vaccine mandates in place for their employees. Others, though, appear ready to use the SCOTUS decision as pretext to entirely scrap planned vaccination mandates for their employees. 

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