As the COVID-19 spreads throughout the world, its cascading and multiple impacts deepen. As a result, fear spreads. Meanwhile, finance and business firms now started promoting the idea that the COVID-19 epidemic was a “black swan event”. For example, Goldman Sachs, in its Top of Mind, issue 86 (February 28, 2020) featured an article titled …
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On 11 March, the WHO characterised the COVID-19 as a pandemic. The probability to see the WHO, finally, accepting the label had been rising everyday. Indeed, we have witnessed the proliferation of clusters and outbreaks globally, that led to the emergence of multiple epidemic centres. Since we first published this article, the pandemic intensified. On …
Political risk is an idea many actors very often use. But what does political risk mean? What does political risk address? With the video below, we explain what is political risk. Meanwhile, we experiment with a new medium. We also test an approach through brief explanations of fundamental concepts and ideas. Let us know what …
When dealing with the future, we use a language that includes specific notions such as the expression of probability and of impacts. In terms of probability, for example, we use words such as “likely” and for impacts terms such as “severe”. Furthermore, to be truly complete, we should add a confidence judgement. As explained by …
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Scenarios regarding the future of the COVID-19 epidemic outbreak in China and globally vary wildly (David Cyranoski, “When will the coronavirus outbreak peak?“, Nature, 18 February 2020). The estimates go from the outbreak peaking at the end of February 2020 to months away with millions infected (Ibid.). The WHO Director-General stressed the necessity to remain …
The coronavirus epidemic is “a very grave threat” because “Viruses can have more powerful consequences than any terrorist action”. This is what the WHO Director stressed as an international meeting of 400 scientists and other experts convened in Geneva (Sarah Boseley, “Coronavirus should be seen as ‘public enemy number one’, says WHO“, The Guardian, 11 …
Continue reading “The Coronavirus COVID-19 Epidemic Outbreak is Not Only about a New Virus”
The new Coronavirus 2019-nCoV epidemic outbreak is a mystery. Indeed, since it became a concern in China at the end of December 2019 and in the early days of January 2020 (WHO timeline), the various actors and authorities involved have been sending contradictory signals regarding the outbreak. This is perplexing, and all the more so …
Continue reading “The New Coronavirus COVID-19 Mystery – Fact-Checking”
The “new Coronavirus COVID-19 epidemic outbreak” became the COVID-19 pandemic. With time we learn more about the SARS-CoV-2 (the virus), the COVID-19 (the disease) and its multiple components and impacts. As a result, we must continue to closely monitor it, using the best possible ressources available. All actors should also develop scenarios to make sure …
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(Credit Image: Pierre Markuse, CC BY 2.0) The global wildfire is engulfing the world. Throughout 2019, immense swaths of Australia, California, Alaska, Russia, central Africa, and the Amazon basin, were part of this immense bonfire. This conflagration took place after the historic fire seasons of 2018, 2017, 2016… (David Wallace Wells, The Uninhabitable Earth, Life …
AI, AI Everywhere The Artificial Intelligence field (AI) is creating a continuity that encompasses climate change science and the preparedness of the U.S. military to climate risks. This continuity appears through the central role of AI in two apparently disconnected foresight civilian and military uses. AI and climate science Climate Central published in Nature a …
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