The gray rhino theory is a metaphor that describes risks that are obvious, highly probable and impactful, but often downplayed or outright ignored. The theory was developed by Michele Wucker.
Investors are nervous about signs, that a US-Recession is coming. The world’s biggest economy seems healthy by many measures: low unemployment, strong exports, a resilient […]
A new World Bank report says, that limited educational opportunities for girls and barriers to completing 12 years of education cost countries between $15 trillion […]
The European Banking Authority (EBA) said in a statement, that Banks are „inadequate“ perpared for a Brexit without a ratified withdrawal agreement. „This should be […]
The world’s forcibly displaced population reached a record high. In its annual Global Trends report the UN Refugee Agency (UNHCR) said 68.5 million people were […]
Security Researchers at Symatec Corp published a hack into satellite operators, defense contractors and telecommunications companies in the United States and southeast Asia. The hacking […]
The London interbank offered rate (Libor) is a rate benchmark for $200 trillion of dollar-denominated interest rate swaps, loans and other financial products. On May, […]
For those worried about the ability of U.S. state and local governments to cover promised pension checks, the Census Bureau announced a milestone that should […]
Deutsche Bank wrongly transferred 21 billion euros to the Australian Investment Bank Macquarie in 2014. This is the latest such error to come to light. […]
Goods worth more than $5 trillion are shipped through the South China Sea every year. Under the seabed huge natural resources are expected. These key […]
Students in the US collectively owe $1.34 trillion in student debt, and according to the Brookings Institute, almost 40 percent of borrowers will default on […]
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