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missiles. this is the latest attack in the region which is one of the world s most important trade routes. the head of the un s international maritime organisation says these attacks are one of the biggest challenges the body has ever faced. biggest challenges the body has everfaced. my biggest challenges the body has ever faced. my colleague spoke to the head of the organisation and asked what can be done to stop the attacks. it s one of the biggest challenges the imo has faced, in particularly in recent years. and the reality is that as you mentioned, shipping is a global sector. we transport over 80% of global trade, so any actions that are happening out there, that interrupt the trade, the global trade, will have a negative effect on you, on me, and everyone on the planet. we need to work very closely with all the stakeholders, with all the member states, the other agencies, the united nations in particular, in order to find practical solutions to a problem we don t ....
Contagion refers to the spread of financial or economic issues from one sector or market to another. It may be compared to a virus, with similar characteristics ....
It is time to stop viewing crises as exceptional events and admit how frequently shocks actually occur. The task of forecasters and policymakers is not to predict the next catastrophe but to sharpen their focus on resilience – what it takes to stay the course with politically mandated policies while minimising inevitable dislocations. ....