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The US warns Russia against using a “dirty bomb” pretext to escalate war in Ukraine. China’s GDP grew well below target in the third quarter. Twenty-six large or disruptive measles outbreaks have sprung up worldwide, per the WHO. Analysis: Winter Outlook: Omicron Variants and New Winter Surge.

Condition Updates

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

Analysis: Winter Outlook: Omicron Variants and New Winter Surge

For the last two years, winter has brought with it a new COVID-19 spike due to a combination of chillier weather and an ill-timed new and more infectious variant. While cases are falling in the US, regional trends, as well as rising infections driven by new variants in Europe and in Singapore, foreshadow another likely winter surge.

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