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ICBA Blog

Entries in political risk (2)

Thursday
Jan212010

ICBA brokers can help to insure you against the next political risk crisis

By Ron Doyle

Kevin Carmichael in his article on monetary policy in the Globe and Mail’s Report on Business of Friday, January 15, 2010, refers to the high levels of worldwide government debt, resulting from huge stimulus packages, as the biggest threat to global recovery. The article refers to the World Economic Forum Global Risk Report 2010, in which the London based group raises concerns over the high degree of interconnectedness between all areas of risk and warns that unless we address these risks they may cause the next crisis.

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Monday
Dec072009

Nine credit insurance tips as relationships change in 2010 with underwriters, suppliers, buyers, lenders and peers

By Rob DowneyThe sculpture "Apollo and Daphne" by Bernini in the Galleria Borghese (from a file from the Wikimedia Commons)

Long ago, in the days before the crisis (B.C.)… Apollo, god of light, poetry, and eternal youth, the son of Zeus & Leto, was betrothed to Daphne – daughter of the River god, Peneus – and she was a lovely lithesome athlete. Fresh from defeating Python with his bare hands, brash Apollo made fun of chubby be-winged Cupid and his small bow. Impulsive Cupid shot a golden Arrow of Love into Apollo’s heart, but a lead Arrow of Revulsion into the heart of Apollo’s fiancee Daphne. 

Both utterly besotted and frustrated, Apollo chased the fleeing, frightened Daphne through the woods of Olympia for a year. Too tired to run anymore, she asked her father’s help to escape Apollo. Peneus cleverly turned his daughter into a laurel oak tree – source of royal staves and Olympic leaf crowns – so she could be forever near him on the banks of the rivers he ruled. 

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