Category: Risk

Growth, RiskLeave a comment

Populists Are Losing Their War on Globalization

Colin Henderson

 Summarize ​ A decade after Brexit and Trump’s election, the global economy is more integrated than it was before the populist backlash began. Shawn DonnanOctober 9, 2026 at 12:30 AM EDT llustration: Iman Raad for Bloomberg The populist revolution in the Anglo world is about to turn 10, as we near a decade since the US election of Donald Trump. And the world hasn’t been quite the same since. The rise of the populists that started in June 2016, with the UK’s rebellion against its European Union-hugging elites and a vote for Brexit, was supposed to hasten the death of … Continue reading Populists Are Losing Their War on Globalization

Canada, Risk, US

Mark Carney Interview: Canada’s Leader Lays Out Vision for Breaking Reliance on U.S.

Colin Henderson

 Summarize ​ Sept. 23, 2026 In a wide-ranging interview, the Canadian leader laid out a detailed vision for breaking his country’s dependency on the United States. Prime Minister Mark Carney of Canada said that he had prepared over the past year for the “extreme tail risk” that President Trump might order military action against Canada, but disclosed that the two men have spoken “frequently,” even since trade talks collapsed last month, describing a tense, evolving relationship. In a wide-ranging interview with The New York Times at its headquarters in Midtown Manhattan on Wednesday, Mr. Carney described in meticulous detail how … Continue reading Mark Carney Interview: Canada’s Leader Lays Out Vision for Breaking Reliance on U.S.

Cybersecurity, Diplomacy, Disinformation, Risk

Under Patel, FBI forges unprecedented law enforcement ties with China, Russia

Colin Henderson

Things that make you go huh? So why don’t we open up AI, chips and related technology. ———————— Jana WinterAugust 5, 20266:03 AM EDTUpdated 1 hour ago Aug 5 (Reuters) – FBI Director Kash Patel says he has forged new law enforcement partnerships with China and Russia, two longtime U.S. rivals, over the past year in hopes of gaining allies in combating transnational crime including fentanyl, cyber fraud and child sexual exploitation. The partnerships have involved personnel exchanges in which Chinese law enforcement officials have visited the United States and FBI agents have traveled to China to work on cases together and share intelligence. Separately, … Continue reading Under Patel, FBI forges unprecedented law enforcement ties with China, Russia

AI, AI_factories, Cybersecurity, Infrastructure, Risk

$2 trillion in new revenue needed to fund AI’s scaling trend – Bain & Company’s 6th annual Global Technology Report

Colin Henderson

 Summarize ​ David Crawford SAN FRANCISCO—September 23, 2025—Two trillion dollars in annual revenue is what’s needed to fund computing power needed to meetanticipated AI demand by 2030. However, even with AI-related savings, the world is still $800billion short to keep pace with demand, new research by Bain & Company finds.  Bain’s sixth annual Global Technology Reportreleased today shows, by 2030, global incremental AI compute requirements could reach 200 gigawatts, with the US accounting for half of the power. Even if companies in the US shifted all of their on-premise IT budgets to cloud and reinvested the savings from applying AI in sales, marketing, customer support, and R&D into capital spending on new data centers, the amount would still fall short of the revenue needed to fund the full investment, as AI’s compute demand … Continue reading $2 trillion in new revenue needed to fund AI’s scaling trend – Bain & Company’s 6th annual Global Technology Report

Cybersecurity, Risk

Risks cannot be mitigated without proper risk definition based on factual structure – e.g. Hormuz

Colin Henderson

As the world watches for any kind of out for the US/ Israel and Iran stalemate it is increasingly apparent that the Trump administration is backed into a corner with no clear escape. However signs are indicating movement by US as Rubio today indicated the war is over and mention of a one page memo circulating which could lead to an interruption to hostilities. One thing is clear and that is this war is driven by Israel interests as espoused by AIPAC a lobby groups supporting interests of Israel which provides cover for Netanyaho to proceed unilaterally. Each time any … Continue reading Risks cannot be mitigated without proper risk definition based on factual structure – e.g. Hormuz

AI, EU, Europe, regulation, Risk

EU Omnibus VII’ legislative package in the EU’s simplification agenda

Colin Henderson

EU and council proceeding as planned. Banking remains relatively unaffected with reliance on existing compliance and regulatory mechanisms. Nonetheless risk tolerances will continue to be considered while managed under the auspices of current regulatory frameworks as applicable. —————————————— EU AI omnibus simplification deal (May 7): Political agreement reached to adjust high-risk AI compliance deadlines (August 2, 2026), extend sandbox establishment to August 2027, and shorten AI-generated content transparency implementation to December 2, 2026. The deal bans “nudification” apps. Directly affects any financial institution using AI in regulated products.• Source: EU Council, May 7 This press release was updated on 18 … Continue reading EU Omnibus VII’ legislative package in the EU’s simplification agenda

Diplomacy, Geopolitics, Risk, World Order

Morning Briefing — Friday, 22 May 2026 · 7:00 EST · ~1,280 words

Colin Henderson

Today’s briefing is dominated by overlapping closure and escalation: the NPT Review Conference ends today in New York without consensus — its third failure in a row — while Iran nuclear talks sit deadlocked ahead of a May 31 informal deadline. Alongside that, two near-simultaneous NATO stories reveal a US alliance posture that is now visibly incoherent rather than merely unreliable. UK domestic politics continues to fracture, with Andy Burnham stepping formally into position as Starmer’s likely successor. 1. What Changed Iran nuclear deal: May 31 deadline approaches with no deal in sightTalks between Washington and Tehran remain stuck on … Continue reading Morning Briefing — Friday, 22 May 2026 · 7:00 EST · ~1,280 words

AI, Risk

AI in financial services: regulators 2 years behind banks

Colin Henderson

This post is targeted at both banks and regulators (OSFI in Canada ). More specifically Agentic AI is the risk frame here. Agentic AI is defined here in banking context, goes exponentially beyond automation. Take mortgage sourcing. Banks have multiple and defined process for mortgages that sources, adjudicates, processes and funds. Each step is calibrated and defined and understood by regulators and those mortgages go on to be bundled and sold as tranches with known, defined risks. Where Agentic AI takes over the agent determines the best and most effective process to follow and will establish improvements which could bundle … Continue reading AI in financial services: regulators 2 years behind banks

AGI, AI, productivity, Progress, Risk

Parallel between Arendt ‘Human Condition’ and EU AI Act Digital Omnibus Act

Colin Henderson

The EU is facing serious challenges with their AI Act, and the reasons why are becoming evident and worth considering. My own interests in AI have been focussed on the opportunity to dramatically improve productivity in Banking through use of AI. This research has opened many doors for me, and some are beginning to come into better focus which improves my means to analyse the hurdles. My vision goes well beyond chatbots in terms of how AI will be ultimately integrated. I see two definitive potential tracks AGI (Artificial General Intelligence) offers the potential for inference, reasoning and yet to … Continue reading Parallel between Arendt ‘Human Condition’ and EU AI Act Digital Omnibus Act

crypto, Payments, productivity, Risk2 Comments

Compare USDC (Circle) vs USDT (Tether) in 2025

Colin Henderson

The battle is now on. The newest StableCoin USDC offered by Circle is regulated with clearly defined regularly audited reserve requirements. Tender which has been around 5 years longer offers a StableCoin USDT. The challenge lies in the difference between the StableCoins and no regulation exists to define a StableCoin. USDT has loosely defined reserves comprising third party off balance sheet items and which can be deemed worthless to a banker. USDC on the other had requires US $ cash with no obtuse excuses for apparent reserve matching. I did some research across sites using Perplexity (not Google) and. here … Continue reading Compare USDC (Circle) vs USDT (Tether) in 2025