Predictions
- Severe flooding demonstrates that extreme weather will cause increasing disruption in major cities in coming decades
- Indirect impacts of extreme weather will raise risks of inflation and other socioeconomic concerns, potentially fuelling public anger
- Flooding and heatwaves will increasingly impact firms and their staff, raising need for robust business continuity and resilience plans
Event
Record rainfall beginning on 17 July caused major flooding in east-central Henan province, killing at least 71 people and displacing hundreds of thousands of others.
Falanx Assynt is a global intelligence consultancy and leading provider of geopolitical, strategic and business risk analysis since 2003. Falanx Assynt is part of Falanx Group Ltd (LON:FLX) which, through its subsidiaries, provides cyber defence and intelligence services to blue chip and government clients worldwide.