5 ways terrorism is affecting trade

The Money Show’s Bruce Whitfield interviewed Signal Risk Director Ryan Cummings.

Cummings discussed five ways terrorism is affecting trade.

  • Decline in tourism in terrorism-affected areas

  • Impact on civil aviation in terms of attacks against the global aviation sector

  • Increasing operational costs of doing business in terrorism-affected countries due to the need for robust security

  • Impact on local economic activity in geographical areas where terrorism is present

  • Impact of terrorism on government spending in terms of the defense sector and its implications for socio-economic development

Listen to the audio below for more detail.

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Article brought to us by Old Mutual.

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