The Coalition’s initial work will focus on engaging leaders in a...
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Risk Management
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Four Nations Insurance Alliance: Tackling rising risks of economic resilience
Insurance bodies representing Australia, the United Kingdom, Canada...
IMF raises 2026 global growth forecast to 3.1%, Warns of AI risks
Kristalina Georgieva, managing director ,International Monetary...
World faces risk cocktail from AI, oil and debt, says IMF chief
“The AI building boom is inflationary. The energy and food shocks are inflationary. Tariffs, defense spending, and high public debt can be inflationary,” Georgieva said. She called for a “prudently hawkish bias” on the part of central banks, and said countries that...
UK watchdog opens first Online Safety Act probe into Meta
Ofcom said its investigation would establish whether Meta carried out a “suitable and sufficient” assessment of the risks of illegal content on the feature and any risks posed to children before its launch. London:Britain’s communications regulator opened its first...
South Korean president orders probe into data leaks across financial industry
Lee Jae Myung, President,South Korean “The entire financial sector should carry out swift and thorough security inspections,” Financial Services Commission Chairman Lee Eog-weon said in a statement Sunday, after an emergency meeting with executives from financial...
War, Cyber attack could trigger next financial crisis:RBI
The governor was highlighting a new generation of systemic risks that are increasingly “exogenous” in nature, underscoring the need for regulators to look beyond traditional sources of financial instability. New Delhi:The next financial crisis could originate from a...
Mid-air horror: Flydubai Pilot of a Tel Aviv bound jet with 170 passengers stabs his colleague and tries to crash the plane
Catastrophe was narrowly avoided after a passenger and members of crew stormed the cockpit of the Flydubai plane that had taken off in Dubai and managed to stabilize the jet, after it plunged more than 14,000 feet (4,300 meters) in less than 30 seconds at almost the...
Anthropic warns AI may pose ‘existential risks to humanity’ in IPO filing
While public companies routinely outline product risks to investors, few, if any, have issued warnings suggesting their technology could cause potential human extinction. Anthropic emphasized both the transformative potential of AI on par with industrialization and...
SC asks Centre to examine statutory safeguards for minors on social media
The plea seeks safeguards for minors accessing social media, and to ensure no such platform enters into a contract with a child below 18 years of age. "Please pass directions under the intermediary rules that they fashion their software, or whatever the platform is...
Boeing flags 737 MAX software glitch affecting landing navigation feature, WSJ reports
Boeing has identified a previously undisclosed 737 MAX software glitch that could cause an automated navigation feature to fail during landing, the Wall Street Journal reported on Saturday, citing company documents. The software issue in some of its B737 MAX planes...
Climate Disasters: Shrinking funding & heightened risk of GLOFs
Himalayan glaciers are losing mass 65% faster than they were a decade ago, according to a new report by global consultancy Systemiq, produced with Kathmandu-based International Centre for Integrated Mountain Development. Yet only around 0.1% of the Himalaya's...
“Maritime security emerges as a major challenge in the world today”
Former National Shipping Board member Captain Sanjay Parashar said that maritime security has emerged as a major challenge before the world today and that seafarers working on ships should not become targets during situations of war and conflict. New Delhi: A...