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Singapore Summit Focuses on AI Risks and Trade Tensions

Wall Street Journal US Business •
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Thought leaders from across the risk and compliance field joined legal experts, government officials and members of the Risk Journal team at the latest Dow Jones Risk Journal Summit in Singapore on Tuesday. On the agenda were topics ranging from cybersecurity at a time of increasing geopolitical risk, to financial crime policy as a national security tool, to digital sovereignty in the tech supply chain. Oil companies seeking to avoid lawsuits over climate change faced skeptical questions Monday at the Supreme Court, with several justices expressing doubts about the industry’s campaign to shut down dozens of cases brought by state and local governments.

The high court is weighing a lawsuit by Boulder, Colo., against Exxon Mobil and Suncor Energy. Boulder claims that the companies contributed to climate change and deceived consumers about the risks of greenhouse gases. Germany and France are proposing a new weapon for Europe to fight back against a flood of cheap Chinese imports, setting the stage for a confrontation with Beijing.

The countries, ahead of a European Union leaders’ summit next week, are proposing that the bloc lower its bar for blocking Chinese products and allow the bloc to move faster on such actions.

Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing