Multinationals cite major concern over growing political risk: Marsh

Geopolitical instability remains a top concern for multinational businesses in 2018 with events such as the North Korea missile crisis, Euroscepticism, and increased trade protectionism, driving political risk that could boost demand for credit and political risk re/insurance.

Marsh’s 2018 Political Risk Map found regions facing political turbulence or increased protectionist trends include several nations across Latin America, Africa, Europe, and the U.S.

Multinationals cite major concern over growing political risk: Marsh

German Government Marshals Defenses Against Powerful Cyber Attack

Germany’s government was marshaling its defenses on Thursday against a powerful cyber attack that lawmakers said had breached the foreign ministry’s computer network and whose origins officials admitted were still unclear.

https://www.insurancejournal.com/news/international/2018/03/02/482190.htm

The top three business risks for 2018: Cyber, supply chain and regulatory compliance

The recently released Allianz Risk Barometer ranked the top business risks for 2018, based on the views of more than 1,900 risk management experts globally. Here, we look at the top three identified business risk for Australia and discuss how they can be effectively managed.

https://www.lexology.com/library/detail.aspx?g=46fecdd5-f513-490a-b722-be5250ebafec

Ending Net Neutrality Is a Business Risk, Netflix Says

The end of net neutrality could slow down more than internet speeds, according to Netflix Inc.‘s annual report. The 10-K report, released Monday afternoon, lists changes in net neutrality laws as a risk to the media streaming company’s business.

https://www.law.com/therecorder/sites/therecorder/2018/01/30/ending-net-neutrality-is-now-a-business-risk-netflix-says/?slreturn=20180102124610

Trump’s Solar Tariffs Are Clouding the Industry’s Future

ZEBULON, N.C. — At this century-old farm just outside Durham, symmetrical rows of shining blue solar panels have replaced the soybeans and tobacco that Tommy Vinson and his family used to grow here. It is one of many solar farms that have sprung up around North Carolina, transforming a state long battered by global offshoring into the second-largest generator of solar electricity after California.

https://www.nytimes.com/2018/01/23/us/politics/trump-solar-tariffs.html

 

New tax plan won’t help small businesses after hurricane, wildfire, other disasters

As the Southern California wildfires blaze on, people in the path of the flames may be making an unlikely wish: that if the damage happens, it happens before the clock strikes midnight on December 31. It's morbid, but practical — because now that the new tax bill has passed, some significant disaster tax deductions will disappear.https://www.nbcnews.com/business/business-news/new-tax-plan-won-t-help-small-businesses-after-hurricane-n831191

 

USDA issues statement on new soybean rules

Earlier this week, Bloomberg reported on new rules for soybean loads heading to China. USDA has also issued a statement to make farmers and shippers aware of what goes into effect Monday, Jan. 1.http://www.farmfutures.com/soybean/usda-issues-statement-new-soybean-rules

 

 

NAFTA round 5 saw 'lack of headway,' but plenty of blame to cast

Time is running out for the negotiating parties, but instead of breaking through on some key deals, tensions are as high as ever, with just two rounds left in the planned process.https://www.supplychaindive.com/news/NAFTA-2-round-5-sunset-auto-origin-talks/511503/

 

 

How Will The Supply Chain Handle Hard Borders? The Post-Brexit Ireland-UK Border

Businesses and people alike are concerned about the potential for Brexit to bring about a ‘hard border’ between Ireland and the UK.https://www.forbes.com/sites/jwebb/2017/11/27/how-will-the-supply-chain-handle-hard-borders-the-post-brexit-ireland-uk-border/#4c0f84afeffb

 

Regulators to press Uber after it admits covering up data breach

(Reuters) — Struggling ride-hailing firm Uber Technologies Inc. faces a fresh regulatory crackdown after disclosing it paid hackers $100,000 to keep secret a massive breach last year that exposed personal data from around 57 million accounts.http://www.businessinsurance.com/article/20171122/NEWS06/912317418/Uber-faces-scrutiny-from-regulators-in-US-UK-over-breach-of-57-million-accounts