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Intelligence for Better Decision Making
Erudite Risk takes an all risks approach to intelligence reporting. We categorize key intelligence into one of 40 different risk intelligence categories.
The goal is to provide intelligence that allows decision makers to avoid being blindsided by what they may have missed, while informing them to make better decisions as well.
Erudite Risk also includes operations categories so you can monitor the environment for better decision making. Everything is tied together--what happens in risk affects operations and what happens in the market impacts risk profiles.
We categorize key intelligence into one of 30 different operations intelligence categories.
Different roles and functions within the organization can monitor different key issue areas. HR may monitor employment, wages, regulations, labor and management relations, etc., while P&L leaders may monitor overall developing trends.
防汛实录|箭扣长城下,小村落的一天
Flood prevention record | A day in a small village under the Jiankou Great Wall
Beijing News | Local Language | News | July 26, 2024 | Natural Disasters
On July 24, Xizhazi Village in Beijing's Huairou District prepared for heavy rain following the issuance of weather warnings. Village Secretary Lu Tianlu and other cadres relocated eight villagers from four households to safety as a precaution. The village, situated at the foot of the Jiankou Great Wall, faces significant flood control challenges due to its geography, which causes heavy rainfall. Over 7,600 personnel from 46 teams participated in the flood prevention efforts, and by noon on July 24, 1,812 villagers had been evacuated from 668 households. Preparations included checking bridges, clearing rivers, and stocking up on emergency supplies like sandbags and flotation devices. The village's flood prevention group used satellite phones for communication and coordinated with local authorities for real-time updates. Past experiences with severe rainfall in 2021 informed their approach, leading to thorough preparations this year. The village has seen improved community response to evacuation requests, with residents more willing to comply for safety. Throughout the day, village leaders continued to patrol, monitor conditions, and support relocated villagers, all while rain continued to fall.
Ukraine tells China that Russia is not ready for ‘good faith’ talks
Al Jazeera | English | News | July 26, 2024 | Geopolitical Conflict and Disputes
Ukrainian Foreign Minister Dmytro Kuleba met with China's Foreign Minister Wang Yi in Guangzhou, stating that Ukraine is open to negotiating with Russia, provided that Moscow is willing to engage in good faith. Kuleba emphasized that there is currently no such readiness from the Russian side. China positions itself as a neutral party, advocating for negotiations between Kyiv and Moscow and maintaining it does not provide lethal assistance to either side, despite being a key ally to Russia. Chinese Foreign Ministry spokesperson Mao Ning highlighted the discussion on strengthening bilateral ties and expressed concern over the humanitarian situation in Ukraine. The Kremlin acknowledged Kuleba's remarks align with its own stance but sought further details. Russian President Vladimir Putin's earlier conditions for peace have been dismissed by Kyiv, which is planning an international summit to advance its peace process.
China Focus: China issues this year's first red alert for typhoon
Xinhua | English | News | July 26, 2024 | Extreme Weather Events
China's National Meteorological Center issued a red alert for Typhoon Gaemi at 10 a.m. on July 24, marking the first red alert for a typhoon this year. By 5 p.m., the typhoon was located 70 km southeast of Taiwan's Yilan County and was expected to travel northwestward at 10 to 15 km per hour, making landfall on Taiwan Island that night. It is forecasted to make a second landfall in Fujian Province between Thursday afternoon and evening. Rainstorms are expected to affect southeastern Zhejiang, most of Fujian, and Taiwan Island from 8 p.m. Wednesday to 8 p.m. Thursday. Authorities are advised to prepare for potential flooding and geological disasters, with preparations including returning ships to port and suspending outdoor activities. Additional alerts for storm tides have been issued in Fujian and Zhejiang provinces. The Ministry of Water Resources has activated a Level-IV emergency response for flooding, while the State Flood Control and Drought Relief Headquarters upgraded their response level for flood control in multiple areas.
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