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Recent Editions
Risk Channel
North America
A U.S. business lobby has warned that some critical minerals and rare earth elements remain “nearly unobtainable” from China despite recent trade agreements, with export controls and licensing delays continuing to disrupt supply chains. According to the U.S.-China Business Council, around three-quarters of affected companies are seeking alternative sources, although many have yet to find viable replacements. The group said minerals used in aerospace, defence and advanced manufacturing remain particularly difficult to access, and warned that diversifying supply chains away from China could take years. The report also highlighted weakening business confidence, with only 49% of surveyed U.S. companies planning to invest in China this year amid ongoing geopolitical and trade tensions.
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Risk Channel
UK/Europe
The Financial Stability Board (FSB) has said it “strongly” encourages boards to consider implementing safeguards to mitigate risks from AI, including from “agentic” AI - systems that are capable of planning, reasoning and executing tasks with limited human oversight. The FSB said autonomous AI introduces risks that can “materialise at great speed”, and “AI agents pose a distinct challenge for human oversight.” In a report, the global standard setter detailed proposed “sound practices”, and called on financial firms to define clear boundaries on AI use and embed safeguards. Firms can consider adapting HR controls and processes to AI agents in a way that treats them as "synthetic employees," the FSB said.
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