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Key Takeaways

Risk of instability escalates in Pakistan as Supreme Court rules against Prime Minister Khan’s efforts to avoid a no-confidence vote. Global food prices have hit a new high, rising by 34 percent year on year. Microsoft exposes Russian state-backed hacking group espionage efforts. Analysis: US Designation of Kaspersky as National Security Concern Prompts Questions for Private Sector. Analysis: Ukraine War Update: More Advanced Weapons, More Atrocities, Less Wheat.

Condition Updates

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

Analysis: US Designation of Kaspersky as National Security Concern Prompts Questions for Private Sector

Organizations that use Kaspersky Lab products must assess whether they are at risk after the US Federal Communications Commission (FCC) added the Russian cybersecurity firm to a list of companies that pose an “unacceptable risk to US national security.” The move marks the first time the FCC placed a Russian company on the list.

Analysis: Ukraine War Update: More Advanced Weapons, More Atrocities, Less Wheat.

As NATO countries channel more weapons to Ukraine, they are facing dwindling stockpiles of Soviet-era equipment used by Ukraine and will need to transition to more modern military hardware, presenting both training and logistical challenges.

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