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China is secretly building a naval facility in Cambodia for the exclusive use of its military. Iranian pensioners protested against rising living costs in Tehran on Monday, amid rising anti-government sentiment. European countries have welcomed nearly four times as many international travelers in Q1. Analysis: Drone Delivery Takes Off. Analysis: Ukraine War Update: Battle for Severodonetsk, Censoring of Media, Assault on Cultural Identity.

Condition Updates

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

Analysis: Drone Delivery Takes Off

Walmart’s announcement that the company will expand drone delivery and add same-day drone deliveries in select states has sparked renewed interest in this emerging technology. Long held back by regulatory restrictions and confined to only a few, mainly rural, geographic locations, drone delivery is now set to expand. Businesses such as Amazon and Alphabet see growth potential, while the regulatory environment, safety and logistics still poses risks.

Ukraine War Update: Battle for Severodonetsk, Censoring of Media, Assault on Cultural Identity

Ukrainian President Zelensky stressed the importance of his country joining the EU in his nightly address. "I believe that this will be a decision not only about Ukraine, but also about the entire European project. About whether it has a future as a really strong union," Zelensky said.

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