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US government agencies will stop financing new carbon-intensive fossil fuel projects overseas. G7 Foreign Ministers call on Russia to deescalate as the Ukraine criticizes Germany for blocking the supply of NATO weaponry. The UK reports that 40 percent of new COVID-19 infections in London are Omicron variant. Analysis: Visualizing Risk: Omicron and Variant Sequencing on the Rise

Condition Updates

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

Visualizing Risk: Omicron and Variant Sequencing on the Rise

Since it was first identified in a South African lab, the new Omicron variant has been recorded in 57 countries. While the variant has become the subject of much scrutiny and attention - prompting renewed travel bans and stricter social distancing regulations in several countries - the variant still represents a fairly small share of overall cases in most countries.  

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