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Key Takeaways

The UN assesses that global impact of the Ukraine war on food security will be “beyond anything we’ve seen since World War II." Germany begins planning for gas rationing in preparation for a potential halt in deliveries from Russia. China confirms plans to attend the long-delayed EU-China Summit. Analysis: Emerging & Existing Hotspots: Egypt & the Fallout from Russia’s War on Ukraine. Analysis: Ukraine War Update: Ukraine’s Neutrality, Russia’s Strategy Shift, Western Skepticism.

Condition Updates

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

Analysis: Emerging & Existing Hotspots: Egypt & the Fallout from Russia’s War on Ukraine

Russia’s war on Ukraine has already caused numerous second and third-order effects throughout the global economy, many of which will increase political and economic insecurity in the short-term. Egypt is set to be one of the nations most affected by Moscow’s aggression – as the largest country in the Arab world, Egypt is particularly vulnerable to political destabilization resulting from price shocks in the agricultural sector.

Analysis: Ukraine War Update: Ukraine’s Neutrality, Russia’s Strategy Shift, Western Skepticism

Western leaders have acknowledged Russian announcements to scale back its offensive in Ukraine but remain skeptical of Moscow’s overall intentions.

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