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North Korea tested a new long-range cruise missile, a potential delivery vehicle for a nuclear device. The US CDC found that people who are not fully vaccinated are 10 times more likely to be hospitalized and 11 times more likely to die of COVID-19. Global food prices have increased 40 percent over the past 15 months. Analysis: Biden’s New Vaccine Requirements and Risks of Partisan Backlash.

Condition Updates

A rundown of important global risk developments in markets, in business, and region-by-region. [Flashpoint Daily Situation Reports]

Biden’s New Vaccine Requirements and Risks of Partisan Backlash

Partisan backlash to President Biden’s announcement of sweeping new federal vaccine mandates is quickly escalating, driving increased risk of civil unrest and political repercussions for businesses abiding by new requirements.

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