Eliezer S. Yudkowsky Cognitive biases potentially affecting judgment
of global risks.
Since coming to Rotman, Tiff has also been appointed the chair of the board
of the Global Risk Institute, chair of Ontario's Panel on Economic Growth and Prosperity, a director of Scotiabank, and a member of the Asian Business Leaders Advisory Board.
Last week's British vote to exit the European Union (EU) has spurred a flight to perceived safety and left many investors asking where to find opportunities amid indiscriminate selling
of global risk assets.
The Nature Conservancy found a perfect opportunity in Miami - Dade County in South Florida, said Kathy McLeod, director
of global risk reduction and resilience at the environmental organization.
«Combined with information on vulnerability and exposure, it serves as a scientific basis for assessment
of global risk from extreme weather, the discussion of mitigation targets, and liability considerations,» the researchers concluded.
Managing Director of Risk Cooperative / Co-author
of Global Risk Agility and Decision Making.
Last week's British vote to exit the European Union (EU) has spurred a flight to perceived safety and left many investors asking where to find opportunities amid indiscriminate selling
of global risk assets.
Bird flu, if it ever jumps into direct human to human spreading is more
of a global risk because of the rapid mechanism by which flus propagate.
Yet, shortcomings in international cooperation in both areas, climate and trade, constitute an underpinning
of global risk.
David Coker, lecturer in Accounting, Finance and Governance at Westminster Business School and former vice president
of Global Risk Management at Deutsche Bank, believes that the current instability in Bitcoin prices will not last when institutional investors enter the market.
Not exact matches
Combine that with weak commodity prices, flat
global trade and the governance
risk associated with companies in many
of these countries, and safety - minded investors are perhaps best served by limiting their exposure to the grouping at this time.
«In the financial industry, there's been a lot
of debate, post — financial crisis, around different approaches to
risk and gender difference,» says Brenda Trenowden,
global head
of funds at ANZ Banking Group in London and a member
of the steering committee
of the 30 % Club, which works to get more women on corporate boards.
• IdentityMind
Global, a Palo Alto, Calif. - based provider
of a digital identity - based SaaS platform for online
risk management and compliance automation, raised $ 10 million in Series C funding.
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the
risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the
risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
«If Trump abandons the deal, he
risks a spike in
global oil prices,» said Ole Hansen, head
of commodity strategy at Saxo Bank, adding that re-introducing U.S. sanctions could remove 300,000 - 500,000 bpd
of Iranian oil from
global supplies.
These innovators and
risk - takers have built fast - growing businesses and
global brands with creativity, passion, and a whole lot
of hard work
«Thus, the
risks of potential «trade wars» and the potential negative impact on the
global economy and on oil demand if these
risks do materialise should constitute a serious concern for OPEC,» the authors argue.
He then returned to the NAB as the
Global General Manager
of Operational
Risk and Compliance for the Group.
The
global economy is set for one
of its best years since the financial crisis, but recession
risks are increasing, said UBS Chairman Axel Weber.
«I'm not going to be dismissive
of the
risks, but I think markets have priced them in and if anything as we look at the fundamentals
of stock markets around the world, the fundamentals
of European equities right now are I think significantly better than they are for the United States,» said the managing partner
of Triogem Asset Management and
global investing expert on CNBC's «Fast Money.»
«These (
risks) include the possibility
of a sharp tightening
of global financial conditions, growing trade tensions, and geopolitical strains — while the outlook for oil prices remains subdued and highly uncertain,» the report said.
Jamison Nesbitt, founder
of Cyber Senate, a community
of global cybersecurity business leaders, echoed experts» beliefs who said that the IoT is «the main cybersecurity
risk for 2015.»
Today, five years after the fall, they are a subtle reminder
of the
risk and uncertainty that still weave through the
global financial system.
Releasing a report responding to Ceres — a group made up
of institutional investors which has for years been pushing resource companies to disclose their carbon bubble
risks — Exxon vice-president
of corporate strategic planning William Colton said, «All
of ExxonMobil's current hydrocarbon reserves will be needed, along with substantial future industry investments, to address
global energy needs.»
«At the same time, there are clear downside
risks: political uncertainty, including in Europe; the sword
of protectionism hanging over
global trade; and tighter
global financial conditions that could trigger disruptive capital outflows from emerging and developing economies,» the former French finance minister said.
In 2010, in the wake
of the financial crisis, the Fed and its
global counterparts signed the so - called «Basel III» accords, under which all countries agreed to raise the minimum level
of capital banks must hold to 8 %
of their
risk - adjusted assets.
Founded in 1992, Cambridge
Global Payments has grown to become one
of the largest providers (outside banks)
of cross-border payments and foreign exchange
risk - management solutions.
«It had looked to many investors that the world was headed for a trade war and an escalating
risk of war in Syria,» Marc Chandler,
global head
of currency strategy at Brown Brothers...
The Fed has been a target
of some conservative critics in the U.S. Congress, who say the bank
risked sparking inflation with its easy monetary policies in response to the
global financial crisis.
Singapore downgraded its forecasts on economic growth and exports for 2016 after confirming a contraction in output in the third quarter, raising the
risk of a recession amid fresh uncertainty around
global trade under U.S. President - elect Donald Trump.
The
global elite have stumbled on an emerging market sell - off that served as a reminder
of the
risks the
global economy still faces.»
Confident, articulate and extremely well - connected, Kennedy - Glans has experience in industry (she was Nexen Inc.'s first female executive vice-president), philanthropy (she founded Bridges Social Development), and corporate social responsibility (she's advised
global energy operators on the non-technical
risks of their projects).
Gilles Labbe, the former head
of aerospace cluster Aero Montreal and CEO
of F - 35 supplier Heroux - Devtek (TSX: HRX), last year warned that thousands
of jobs would be at
risk if lead manufacturers Lockheed Martin and Northrop Grumman remove work destined to be completed in Canada by members
of the
global supply chain.
«If Trump abandons the deal, he
risks a spike in
global oil prices... The re-introduction
of U.S. sanctions would hurt Iran's ability to transact in dollars,» said Ole Hansen, head
of commodity strategy at Saxo Bank.
Crimes in cyberspace will cost the
global economy $ 445 billion in 2016 — more than the market cap of Microsoft ($ 411 billion), Facebook ($ 314 billion) or ExxonMobil ($ 332 billion)-- according to an estimate from the World Economic Forum's 2016 Global Risks R
global economy $ 445 billion in 2016 — more than the market cap
of Microsoft ($ 411 billion), Facebook ($ 314 billion) or ExxonMobil ($ 332 billion)-- according to an estimate from the World Economic Forum's 2016
Global Risks R
Global Risks Report.
As the traders battle for the best portfolio
of the year, FMHR trader Jim Lebenthal takes
risk off the table, and Stephanie Link, TIAA
Global Asset Management, is focusing on quality.
Northern Star Resources Limited is a
global - scale ASX 100 gold producer with world - class projects located in highly prospective and low sovereign
risk regions
of Western Australia and the Northern Territory.
However, protectionism, unexpected rapid tightening
of monetary policy in some countries, and geopolitical tensions in North Korea and the Middle East pose potential
risks to
global growth, Kuroda said.
Before he joined UBS, he held a number
of leadership positions at Citigroup, including CFO and head
of strategy within
global transaction services from 2010 to 2013; head
of strategy, planning and
risk strategy for the corporate and institutional division from 2006 to 2010; and head
of global strategy and cost management from 2004 to 2006.
The San Francisco Bay Area, recognized as a
global hub
of tech finance and innovation, may be at
risk of losing top tech workers if they can't afford to live there, even on six - figure salaries.
Now, with the relatively recent string
of primary dealer failures (Countrywide, Bear Stearns, Lehman, Merrill, and now MF
Global), a rational observer might think the NY Fed had moved to beef up surveillance activities designed to protect the financial system from excessive
risk taking at primary dealers.
LONDON, Jan 31 (Reuters)-
Global investors trimmed equity holdings by 1.2 percentage points in January, concerned that markets have grown complacent after a thundering bull run and seeing
risks of an inflation wake - up call.
LONDON, Jan 31 -
Global investors trimmed equity holdings by 1.2 percentage points in January, concerned that markets have grown complacent after a thundering bull run and seeing
risks of an inflation wake - up call.
Such
risks, uncertainties and other factors include, without limitation: (1) the effect
of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels
of end market demand in construction and in both the commercial and defense segments
of the aerospace industry, levels
of air travel, financial condition
of commercial airlines, the impact
of weather conditions and natural disasters and the financial condition
of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization
of the anticipated benefits
of advanced technologies and new products and services; (3) the scope, nature, impact or timing
of acquisition and divestiture or restructuring activity, including the pending acquisition
of Rockwell Collins, including among other things integration
of acquired businesses into United Technologies» existing businesses and realization
of synergies and opportunities for growth and innovation; (4) future timing and levels
of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability
of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope
of future repurchases
of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level
of other investing activities and uses
of cash, including in connection with the proposed acquisition
of Rockwell; (7) delays and disruption in delivery
of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits
of organizational changes; (11) the anticipated benefits
of diversification and balance
of operations across product lines, regions and industries; (12) the outcome
of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact
of the negotiation
of collective bargaining agreements and labor disputes; (15) the effect
of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect
of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions,
global trade policies and currency exchange rates in the near term and beyond; (16) the effect
of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act
of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability
of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the
risk that such approvals may result in the imposition
of conditions that could adversely affect the combined company or the expected benefits
of the merger) and to satisfy the other conditions to the closing
of the pending acquisition on a timely basis or at all; (18) the occurrence
of events that may give rise to a right
of one or both
of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee
of $ 695 million to United Technologies or $ 50 million
of expense reimbursement; (19) negative effects
of the announcement or the completion
of the merger on the market price
of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20)
risks related to Rockwell Collins and United Technologies being restricted in their operation
of their businesses while the merger agreement is in effect; (21)
risks relating to the value
of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22)
risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23)
risks associated with merger - related litigation or appraisal proceedings; and (24) the ability
of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Habitat destruction, unchecked population growth,
global warming and other challenges
of modern civilization have put humanity at
risk.
Adding to the
risk is the use
of a
global supply chain to build the CSeries.
But AMRO said its outlook is not without
risks as it warned
of the potential impact
of faster - than - expected monetary policy tightening on
global financial conditions, and escalation
of global trade tensions, on capital flows and borrowing costs.
Companies like U.S. biotech giant Gilead and the U.K.'s GlaxoSmithKline (the majority stakeholder in
global HIV partnership ViiV Healthcare) have developed drugs that drastically lower the chance
of HIV infection — or which simply lower the number
of drugs you have to take to treat it, consequently curbing the
risk of toxic side effects while simplifying medical regimens.
15 Unique Subscription Services Publishing Trend for 2014: A New Demand for Eye - Catching Cookbooks Investing Trend for 2014: Equity Crowdfunding Employment Trend for 2014: Miserable Millennials
Global Startup Trend for 2014: Consider Brazil Fashion Trend for 2014: Country Couture on the Rise Ecommerce Trend for 2014: Buying Into the Subscription Service Model Entertainment Trend for 2014: Low - Budget Movies = Big Business Food and Beverage Trend for 2014: The Rise
of Craft Distilleries Tech Trend for 2014: The
Risk in BYOD Offices
«Given the size
of its economy, population, and given its political clout, Nigeria's stance towards the African Continental Free Trade Area is key,» Imad Mesdoua, senior consultant for Africa at Control
Risks, a
global risk consultancy with offices in Lagos, told CNBC via email.