Risk Management Must Evolve to Remain Fit for Purpose
The chair of the European Risk Management Council warns that traditional risk frameworks are outpaced by a volatile mix of geopolitical upheaval and rapid technological change. Power‑driven international relations and AI‑driven finance are creating new, poorly understood systemic risks for banks and asset managers. He argues that static, siloed risk models and capital buffers no longer suffice, calling for AI‑enhanced, dynamic stress‑testing and crisis‑simulation capabilities. Regulators must also shift focus from capital adequacy to resilience and contingency planning.
What America Forgets About the UN
The Financial Times opinion piece argues that the United States increasingly overlooks the strategic value of the United Nations, treating the body as a bureaucratic relic rather than a vital platform for multilateral problem‑solving. It highlights how U.S. disengagement erodes...