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British scientists find that two-dose vaccine courses induce insufficient antibodies to neutralize the Omicron variant. OPEC raised its world oil demand forecast for the first quarter of 2022. Russia threatens to deploy intermediate-range nuclear missiles in Europe. Analysis: Future of Work: Commercial Real Estate Sector Adapts to the New Normal.

Condition Updates

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

Future of Work: Commercial Real Estate Sector Adapts to the New Normal

Return to office plans are once again being put on hold due to the new COVID-19 Omicron variant and the still-untamed Delta variant. While some employers are announcing new target dates later in 2022 or even 2023, many are leaving a return date as an open question. The longer the workforce remains dispersed, the more permanent changes in work patterns and expectations become for both employers and employees. Few now expect the workforce to return to the 2019 workplace model. 

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