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Key Takeaways

The IMF slashes its global growth forecasts and raises projections for inflation. Russia announces plans to withdraw from the International Space Station. The US plans to release an additional 20 million barrels of oil from the Strategic Petroleum Reserve. Analysis: Visualizing Risk: Historic Heatwaves.

Condition Updates

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

Analysis: Visualizing Risk: Historic Heatwaves

During the summer of 2022, the United States has seen record high temperatures, historic droughts and raging wildfires. Even as the impacts of climate change become more and more apparent through these extreme weather events, state and federal policymakers disagree about the appropriate policy responses to address them. As the Earth continues to warm, businesses will need to prepare to manage the risks presented by these historic temperatures and the mitigate effects they will have on personnel and operations.

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