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September, 2009
17 septembre
What would truly be a nightmare for our quickly globalizing world economy? Most likely, successful terrorist attacks on major Saudi oil fields that send crude oil prices through the roof. That would greatly impoverish the developing world, destabilize world trade and financial systems, and possibly trigger an economic recession. Serious, perhaps irretrievable, damage would…
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17 septembre
Risk management is about managing uncertainty arising from a lack of knowledge about what will happen, or will not happen, in the future. Risk management is going through a paradigm shift with the broad application of the Australian/New Zealand Risk Management Standard (AS/NZ) 4360:2004. This tool moves risk management away from a central command…
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