According to a UK-based international strategic consulting firm, more than 100 countries worldwide were affected.
All over the world, there is an increase in homeless people “unprecedented”According to Verisk Maplecroft (a global strategic consultancy firm based in the UK), there is a rise in civil unrest.
More than 100 countries experienced it “increase in risk”According to the Civil Unrest Index (CUI), the index reflects the level of civil unrest that occurred in the past quarter. It is calculated from various surveys, which assess different factors like inflation and government strategies to end or mitigate conflicts as well as unrest’s overall impact.
Of the total 198 nations, 42 saw the danger of civil unrest declining over the survey period. 101 countries saw an increase in it. The rest saw their situation remain the same as the quarter before. Company linked rising civil unrest to “the impacts of inflation on the price of staple foods and energy.”
“The impact is evident across the globe, with popular discontent over rising living costs emerging on the streets of developed and emerging markets alike, stretching from the EU, Sri Lanka and Peru to Kenya, Ecuador and Iran,”In a press statement, it stated.
Europe “stands out”The ranking was negative because they had experienced an increase of the likelihood of civil unrest “in large part due to the fallout from Russia’s invasion of Ukraine,”The company stated that they were confident in their ability to deliver the goods. In the coming six months, the situation in Africa is likely to worsen. “Bosnia and Herzegovina, Switzerland, the Netherlands, Germany, and Ukraine are all among the states with the biggest projected increases in risk,”It was added.
Since the CUI’s first release in 2016, the registered increase in civil unrest risks is the highest since that time.
“With more than 80% of countries around the world seeing inflation above 6%, socioeconomic risks are reaching critical levels. Almost half of all the countries on the CUI are now categorized as high- or extreme-risk, and a large number of states are expected to experience a further deterioration over the next six months,” Verisk Maplecroft noted.
According to the company, this global trend will not change in the near future. “Only a significant reduction in global food and energy prices can arrest the negative global trend in civil unrest risk. Recession fears are mounting and inflation is expected to be worse in 2023 than in 2022,”It was explained.
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