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Imagine a video where a Fortune 500 company's CEO confesses to fraud, and his company’s stock falls by 50%. Only to find out that the video was fake. With the advance of deepfake technology, things like this could occur. Scenarios like this could have huge ramifications and they are not far from our reality, artificial intelligence and deep learning technology is making it easier to make fake videos that look realistic.

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As the world becomes increasingly global and more businesses look to expand internationally, an evaluation of risk can be crucial when making business decisions. Since 2012, ONDD (Office national du Ducroire) has evaluated seven specific types of risk in over 180 countries, releasing the rankings to the public. The rankings cover areas such as commercial risk, short term credit risk, war risk, and risk of expropriation and government action. The rankings for 2016 were released this month and are now available to view in our Database of International Business Statistics (DIBS), where you can filter the data by year, country, and specific risk area. Being aware of risk is important for international businesses and the ONDD data set is a useful tool to begin your research.

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The globalEDGE team is excited to introduce our newly redesigned country risk pages. Each country risk page can be accessed individually for via the Country Insights menu. These new pages now allow users to not only see both the country risk and business climate risk for each country, but also compare that risk rating to other countries around the globe using an interactive map, color-coded by risk rating. Users can also read about each country’s strengths and weaknesses which contribute to the risk, as well as current economic and financial trends occurring in the country. Check out these new pages to learn about country risk and business climate today! 

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This past week, the World Economic Forum (WEF) hosted its 44th Annual Meeting 2014 in Davos-Klosters, Switzerland. Every year, the WEF brings together the leaders of the world to reflect on the past year and discuss the significant global issues to focus on for the year. The list of attendees are considered the world’s most influential leaders including government officials, economists, top corporate executives, actors and activists, among other prominent figures.

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Worrying about the United States expansionary ambitions in the mid-1800s, Mexico prohibited foreign ownership of land within 50 kilometers (31 miles) of the coast or 100 kilometers of an international border. This policy was pretty efficient for protecting the homeland but it did block some foreign investments throughout history. As the financial crisis spread all over the world, Cancun realized it needs help from foreign investors and this help was going to break the law. Some real-estate developers believe the move could boost the nation's vacation-home market, while others think it would be hard on the locals acquiring their own estates.

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Coface, a world leader in domestic and international trade receivable management, is hosting their annual Country Risk Meeting at the Sentry Center in New York City on Thursday, May 10, 2012.  Featured speakers include business leaders, economists, and forecasting analysts discussing the short-term economic situation on a region by region basis in North America for the rest of the 2012 calendar year.  They will focus on hot spots, booming regions, and the global economic power bases.  It is a wonderful event that spotlights major international trade and investment opportunities in today’s business arena.

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Coface is a world leader in trade-credit information and protection. On Thursday, May 12, Coface will be hosting their annual Country Risk Meeting at the Sentry Center in New York, New York. A panel of economists and business leaders will tackle the short-term economic outlook for the second half of 2011, with a special focus on hot spots, booming regions and the world’s economic power bases. It should be a great and informative event with all of the current happenings in today’s business world. Coface has provided some great services for us and our viewers here at globalEDGE, and globalEDGE is helping co-sponsor this event for Coface.

Coface has played a key role in providing risk information in the country profiles and industry profiles here at globalEDGE. From an overall country rating to the business climate rating, Coface provides our viewers with an in-depth analysis of the current risk assessments and the strength and weaknesses of an economy. Not sure about expanding in your industry? The Coface risk ratings on industries in different regions of the world are sure to let you know what you’re getting into. Be sure to look into these informative sections and check out that event if you can!