Assessing corporate risks in the current economic climate

RISK STRATEGIES

The latest GDP figures coming from around the globe show signs of slowing growth.

Although these second-quarter figures are all initial estimates and could be revised up or down in the coming months, they are worrisome for those fearing a “double-dip” recession. Anxiety may be the highest in Europe, with the euro still rebounding from the sovereign debt crisis in the spring. However, some European economies, such as Germany and France, are bucking the trend. The German economy grew by 2.2% in the three months to the end of June, its fastest quarterly growth in more than 20 years. And France’s figure of 0.6% growth for the same period was significantly better tha...