No matter what happens in the world - the news is over after 15 minutes. That is not enough for a world full of conflict. Due to the media attention that the Afghanistan conflict has attracted in recent weeks, other conflicts have faded into the background. With CONIAS Risk Intelligence, we not only have events with immense global impact on our radar, but also conflicts with less media impact. We are currently monitoring almost 1,000 ongoing political conflicts and analyzing the associated risks. In addition, we have learned from several hundred other global conflicts already concluded since 1945.
For example, a country-specific risk profile is essential as a basis for decision-making for multinational companies planning direct investments or establishing supplier relationships in emerging or developing countries. After all, disruptions in the supply chain can quickly lead to high losses.
A current example is provided by the automotive industry, which is struggling with global supply bottlenecks for microchips. As a result, two to four million cars couldn't be built in the first half of 2021, which led to production stops and short-time work. The bottlenecks are caused by a lack of raw materials and geopolitical tensions between China and the USA.
With our regular blog post series "forgotten conflicts" we want to supplement your knowledge of world events beyond the "usual reporting". This will give you a holistic overview of events around the world.
Examples would be the border disputes between Nepal and India, the Western Sahara conflict between Morocco and the Frente Polisario that has been simmering for decades, or the emerging humanitarian crisis in Ethiopia that get little attention in media coverage.
MBI CONIAS Risk Intelligence supports you in the analysis of conflict situations. For further information, please contact us.
Increased international and economic interdependencies due to globalization make the monitoring of conflicts in distant countries more and more important for companies. With MBI CONIAS, we aim to incorporate these dynamic developments into our systems in order to meet the needs of our customers.
About the author:
CONIAS Risk Intelligence
Michael Bauer International GmbH