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Key Takeaways

French President Macron and euro-sceptic nationalist challenger Marine Le Pen came out on top in Sunday's first-round vote. The latest wave of COVID-19 infections has begun to ease across the UK. Economists see a growing risk of recession in the US sometime in the next 12 months. Analysis: Emerging Hot Spots: Political Turmoil in Pakistan. Analysis: Ukraine War Update: Battle for Donbas, Meeting with Putin, Reopening of Embassies.

Condition Updates

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

Analysis: Emerging Hot Spots: Political Turmoil in Pakistan

This past week, Pakistan faced a political and constitutional crisis brought to the fore in complex circumstances of falling support for Prime Minister Imran Khan, rising economic inflation, troubled relations with the US and geopolitics of the Ukraine War.

Analysis: Ukraine War Update: Battle for Donbas, Meeting with Putin, Reopening of Embassies

Ukrainian leaders continue to press allies to provide more military equipment. They assess that the battle for the Donbas will be unlike the guerrilla-style fighting around Kyiv, and will resemble fighting in World War II, involving thousands of tanks, armored vehicles and aircraft.

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