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The European Commission unveils proposals to curb energy prices and support households. At least 17 million people in Europe experienced long Covid during the first two years of the pandemic, per WHO modeling. Border fighting between Armenia and Azerbaijan spilled into a third day, risking a wider confrontation. Analysis: Sweden Takes a Step to the Right; Will Italy be Next?

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

Analysis: Sweden Takes a Step to the Right; Will Italy be Next?

While outcry over sky rocketing prices for commodities, erosion of salaries, unemployment and climate change is reverberating in the streets, in board rooms and across the media with popular calls for change, the ballot box is also registering the demand. This past weekend, Sweden held national elections, with far-right party the Sweden Democrats (SD) emerging as the largest party among the rightwing opposition.

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