Decis SITREP: Global Ratings & Weekend news

Good morning.

It was a busy weekend: here are the headlines.

South Korea’s Parliament voted to impeach President Yoon Suk Yeol for his declaration of martial law two weeks ago. Prime Minister Han Duck-soo takes over as acting president while the impeachment process continues. Courts have 180 days to decide Yopon’s fate. [SOURCE - BBC]

Anti-EU candidate Mikheil Kavelashvili was elected president of Georgia, raising fears that the country was being pulled back into Moscow’s orbit. [SOURCE - AP]

Two Russian tankers broke apart dramatically in the Kerch Strait between Crimea and Russia, reportedly causing significant spills of oil and petroleum. [SOURCE - G Captain] Compounding the potential damage is the lack of adequate insurance on many Russian tankers due to international sanctions, meaning that there could be insufficient funds to pay for the cleanup.

Israel announced plans to expand control farther into the Golan Heights to create a wider buffer zone with Syria, although most regional observers see this as an opportunistic land grab into Syria. [SOURCE - Reuters]

The US and European powers are establishing contact with the new Syrian regime despite a reluctance in Washington to de-designate Hayat Tahrir al-Shams (HTS) as a terrorist group. [SOURCE - Washington Post]

Cyclone Chido hit the French protectorate of Mayotte with estimates that hundreds, possibly thousands, have been killed. Mayotte is a French overseas départment, northwest of Madagascar. [SOURCE - France24]

Commodity and Rate Snapshot

_{As at December 16, 06:30ET - Data is illustrative, not for decision-making.}

Financial data via Bloomberg, Freightos and AlphaVantage

Before we get to the ratings, I am very excited to share the latest from Decis Intelligence.

Dynamic Risk Tracking in the Decis Platform

Make the risk assessment update you, not the other way around

As risk managers, we spend weeks, maybe months, each year updating our risk assessment. It’s a key part of the job.

But the problem is 1) these become snapshots in time, unresponsive to events, and 2) the risk assessment takes up so much time and energy that the real work — the mitigation and risk management — is often rushed and under-resourced.

This has been a pet peeve of mine for a very long time so I am very pleased to announce that dynamic risk tracking is now part of the Decis platform.

The original demo tour

Best of all, it’s very simple to set up.

1️⃣ You set up your exposure profile (i.e. countries that affect your operations), impact metrics and limits.

2️⃣ Decis dynamically recalculates your risk as the country stability ratings (or your impact metrics) change.

3️⃣ The dynamic risk profile immediately lets you see your overall exposure and when anything is hitting your pre-defined limits

The result: better, faster risk-based decisions.

Global Stability Ratings

Here are the complete global stability rankings for all countries and territories covered by Decis Intelligence.