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1. We mourn lives lost in Japan.
2. This issue highlights: questions, latest discussions, blogs and videos.
3. Last two weeks of our action to build Your Company page Free on our platform
4. Executive openings (USA only)
5. Help us spread the word
6. Information for sponsors and advertisers on our community

1. We mourn live lost in Japan, for our members and their neighbours there.

We mourn for the many thousands in Japan who have lost their lives in the terrible disaster which followed the most powerful earthquake in its recorded history, with ensuing tsunamis, aftershocks and now the nuclear issues.

We mourn for our members and their neighbours in Japan.

Please donate to Japan Earthquake And Tsunami Relief Fund via the following link: http://www.globalgiving.org


The Global Risk Report 2011 issued by World Economic Forum just a few months ago and which we discussed in our previous highlights seems not to be relevant at all as we are faced with risks which were not highly enough graded in the report.

Just have a look at Japan, and at the broader Middle East region from Tunis to Iran. The only thing we can say is that humans are not able to predict the major risks especially if they stem from a natural or a political background.

Many experts believe that global equities may be due for a correction. The crisis in Japan, compounding geopolitical risks in the Middle East, could affect equity values for an indeterminate amount of time.

Japan’s high debt level has been manageable because of almost zero interest rates, and the fact that it is funded domestically. The country isn’t much dependent on foreign reserves. But if the debt level goes much higher, that balance could be compromised.

By the way if you've got a frog for a picture, hurry up and replace it!


2. The issue highlights: Questions, latest discussions, blogs and videos.

 Please have a look at the discussions and blogs. We have some really exceptional material here.

The effect on cultural adoption, of risk management, of production control

Recently, I have focused on risk production and control.   Reading through the various regulations and proposals, errors, in the market and…

Started by Marcus Cree FRM


Roman RomachevRussian Amateur 'Web Detective' Interviewed on Successes in Finding Criminals

Russian Amateur 'Web Detective' Interviewed on Successes in FindingCriminals. Material in the World News Connection is generally copyrighted by the source cited. Permission for use must be obtained from the copyright holder. Inquiries regarding use may be directed to NTIS, US Dept. of Commerce.

Do you consider market of corporate intelligence services as an investment attractive?

Dear colleagues, I am working on market research of  corporate/competitive intelligence services, that is why I’m interested in expert opin…

Started by Roman Romachev

Martin DaviesA year of catastrophes and Extreme Value Theory

This year has been particularly negative with respects to natural disasters and the humongous related impacts that obtrudes the lives and livelihoods of the communities affected. Considering we are only a couple of months into the year, the number of catastrophes that have struck various countries around the world is quite astonishing.


Tony RidleyTravel Risk Management: Are you ready for a crisis?

Managing Business Travel Risks and Crisis

If you know that business travel is not without its risk and the potential for crisis, then you need to read this article.


Boris AgranovichWebinar Recording: Maximize Your Effectiveness in Interviews

Benjamin MiraPerformance Standards for controls

Hello everyone,

Does anyone have information (general or otherwise) regarding performance standards for controls. I´m trying to come up with some good examples to present at risk workshops. By showing a few I hope to get the message across that control identification alone is not enough.


modeFinancemodeFinance Overview February 2011


RiskviewsSeven Deadly Sins of Risk Measurement

Measuring risk means walking a thin line.  Balancing what is highly unlikely from what it totally impossible.  Financial institutions need to be prepared for the highly unlikely but must avoid getting sucked into wasting time worrying about the totally impossible.

Here are some sins that are sometimes committed by risk measurers:

1.  Downplaying uncertainty - Uncertainty increases when loss size increases.  Do your users know that?

2.  Comparing incomparables  -  Do you…


Take a few moments and smile. 

  • The Big Bank Theory

    The Big Bank Theory

    In a satirical take on the Federal Reserve's Quantitative Easing measures, The Daily Show With Jon Stewart

3. There are still 2 weeks to claim Your Company page on our platform Free of charge.


Many companies have already built their company Page on our platform . If your company is not in our multimedia business directory yet, you can still use our action which is valid till April, 1st 2011. We give companies and businesses an option to create the Company Page on our site and maintain it for the entire year FREE of charge (valued at €1000). 


What are the benefits of the Company Page?

You will get full control of the page and can include:

cutting edge multimedia – videos, audios, presentations, adverts, white papers, job offers, press releases, product information, company blog, feeds and more.


You will get high ranking in search engines.

This is a much better approach than the standard static business Directories. If you are still relying on directories for online exposure and traffic then you will be missing a numbers of useful opportunities.

Only members who can officially represent a company or a brand will be allowed to create the company page. These include: marketing managers, CEOs and similar positions.


To claim your Company Page, you have to sign out from your personal page and then sign up with a new account, name it as your Company and leave a contact person name in one of the profile fields.

After approval of your page you might remove the gender and the age from the company profile, upload the Logo and start filling up the content of your page using a great variety of options described above. For the technical details you can always contact me at: borisagranovich@globalriskconsult.com  


Tip: You can upload presentations (embed via Slideshare), documents (embed via Box.net). You can use up to 5 additional apps (download via a menu AddApps on the left side of the page)

If you want to embed your presentations – go to Slideshare http://www.slideshare.net/widgets/presentation-pack they have an embeddable player that will bundle up your presentations (or your favorites) and you could embed it in your Text box on your Page. You can rename the text box to any other name. 


For an example of the Company page and what you can do with it you can have a look at the page of GlobalRisk community via  the following link:http://globalriskcommunity.com/profile/GlobalRiskCommunity?xg_source=profiles_memberList 

4. Executive openings.

Job hunters based in the USA we propose you check out this website:  http://bit.ly/excljobs


5. Help us spread the word.

If you like our community, please spread the word and share this link with your friends and colleagues so they can benefit as well



6. Information for sponsors and advertisers on our community

We are placing our Sponsoring partners in front of a strong customer base and helping them find new leads, clients, employees and opportunities.

Companies and individuals are welcome to become sponsors. We just issued our sponsorship and advertisement packages for 2011. We are currently providing Founding, Bronze, Silver and Gold sponsorship programmes. Please have a look at our sponsorshipbrochure http://www.scribd.com/doc/47820639/GRCsponsorship2011-Final ; 


We are open to discuss any dedicated solutions that might suit your organisation and budget.

Our business model is based on a number of faithful partners or sponsors, coupled with the possibility for companies to place commercial advertisements. Do you want to be one of our faithful partners or sponsors, create your company page or advertise on our site? 

To apply please contact us via the following e-mail address: info@globalriskconsult.com

Media Kit:  For companies considering the advertising campaign for the Risk Market we prepared our Media Kit which is available on request