Corporate TravelRisk management company WorldAware outlines the threats facing the world in the year ahead.

Global risk 2019: Fires, failures and flooding

By
|
WorldAware sees storms ahead for global business in 2019.
WorldAware sees storms ahead for global business in 2019. Photo Credit: RomoloTavani/GettyImages

The report reveals insights and predictions around what can be expected on a global scale heading into the New Year. 

WorldAware, an organisation that provides intelligence-driven, integrated risk management solutions to international companies, has published its 2019 Global Forecast. 

The report reveals insights and predictions around what can be expected on a global scale heading into the New Year. 

For Asia, highlights include (but are not limited to):

Potential unrest caused by government failures or upcoming elections in Thailand, India, Indonesia and the Philippines.

A potential outbreak of communicable diseases caused by counterfeit vaccines in China.

And worldwide airline failures due to changing economic conditions, particularly in large markets such as India and Indonesia

The report breaks down key global threats for businesses seeking to protect their people and operations.

“In an era of increasing globalisation, threats anywhere in the world pose risks to any organisation, its supply chain, and its people,” says Bruce McIndoe, president and founder of WorldAware.

The report is compiled by members of WorldAware’s team of more than 130 intelligence experts based across the company’s offices in Annapolis, Cape Town, London and Singapore. 

Drawing from more than 21,000 sources in 25 different languages, the team monitors and analyses risks across intelligence categories including health, kidnapping, terrorism, environment, transportation, and geopolitics, and geographic regions.

Key global threats expected to impact organisations and travellers in 2019, include:

Worldwide wildfires will continue to spread. Wildfires and wildfire-derived threats like air quality, flooding and mudslides are expected to have long-lasting impacts through 2019 and beyond. 

China may face a public health crisis due to counterfeit vaccines. In 2018, counterfeit vaccines left nearly one million Chinese citizens, mostly children, at risk of diseases they believed they were protected against. Market barriers to providing this group with re-vaccinations in 2019 could lead to a spike in communicable diseases.

Airline failures likely to become more frequent in 2019. As the global economic conditions that allowed airlines to thrive show signs of changing in 2019, failures and shutdowns are expected to become more common, especially in major markets including India, Indonesia and Argentina.


JDS Travel News JDS Viewpoints JDS Africa/MI