“What you’re seeing is a need for greater risk analysis at the national level and an understanding of how that pertains to the European level writ large and how that’s going to affect your opportunities and your risks,” says returning guest Dr. Ian Oxnevad on this installment of the Riskology special series. In this episode, he and Tom discuss geopolitical risks and opportunities in Europe, as it pertains to political and economic instability, banking crises and regulatory challenges.
Dr. Ian Oxnevad is the Director of Geopolitical Risk Intelligence for Infortal Worldwide, with a background in political science and national security studies. He is also the host of The Riskology Podcast.
You’ll hear Ian and Tom discuss:
- The need for greater risk analysis at both the national and European level.
- The economic uncertainty caused by geopolitical risks and the potential increase of corruption.
- Europe’s constant internal stressors, as well as external crises and pressures. The Russia-Ukraine war has put a strain on international trade and geopolitical relations by way of sanctions.
- The opportunities for US companies, specifically energy companies to supply energy to Europe in the midst of its trade shortage.
- US companies also need to understand the differences between the Euro and the US dollar, as well as the possibility of the US dollar weakening and the Euro being a stronger currency, and what that can mean for US companies doing business in Europe.
- The various regulatory risks for US companies operating in Europe, including GDPR and ESG, especially data protection and data privacy laws.
- While the global fiscal policy between the US, Europe and the UK is collaborative, its effectiveness is still uncertain. The banking crisis is worsening and higher interest rates to combat inflation isn’t helping to curb it.
- COVID-19’s impact on international trade and the challenges and shortages it has made for Europe and the US.
Resources
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