Global Risks to Business in 2009
By Joan Goodchild
Global business will face serious risks and challenges in 2009 as the effects of the financial crisis are felt around the world and many countries struggle to stay stable. Food and power shortages will become unavoidable in certain countries. Kidnapping and piracy, which have been successful techniques for criminals in some countries, will catch on. The crimes will become more popular in other parts of the world as copy cats take note and try it in their own get rich schemes.

In this slideshow, we highlight some of the key challenges facing businesses around the world in 2009, according to Control Risks, an independent, specialist risk consultancy.
Source: Control Risks

Global fallout from the financial crisis

This graph illustrates that the impact of the financial crisis is not dependent on the exposure of a country, but on its ability to react to the risks and challenges of the crisis.

Countries such as Russia and Venezuela will face problems, but they don't run the risk of collapse because the capacity of those governments to react is quite large, according to CR analyst Daniel Linsker. But countries such as Ecuador and The Ukraine face high exposure with a low capacity to react.

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