COVID-19-related economic stress to worsen global political risk
Posted On: Apr. 14, 2021 9:59 AM CST
Marsh LLC said that the COVID-19 pandemic-induced economic stress will continue to worsen global political risk this year, amplifying the threats that the fragile economies are facing, Reinsurance News reported. The strains on public financing in emerging markets will result from increases in sovereign indebtedness and may create unfavorable conditions for domestic and foreign-owned businesses.