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Daily Risk Notes

Global Risk Watch, Standard Risk Global

Institutional risk intelligence, market context, and geopolitical notes for cross-border investors and global operators.

The week's highlights

The New Geometry of Power

For corporate executives, general counsel and board directors—particularly those with China and Asia exposure—the new geometry of power alters the supply-chain maps on which cross-border transactions are built, shifts trade flows, and dramatically expands the universe of parties and sectors subject to sanctions or investment screening. BRICS expanded from five members in 2020 to eleven in 2025, with a further ten partner countries joining in January 2025. Intra-BRICS merchandise trade reached US$1.17 trillion in...

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