Fintech PR
According to Institute for Economics & Peace, Terrorism gets worse as global conflicts drive risk of new wave
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- Deaths caused by terrorism increased by 22% to 8,352, the highest level since 2017.
- Attacks are more deadly as the number of terrorist incidents fell by 22% to 3,350, and number of countries reporting an incident fell to 50.
- In 2023, the US accounted for 76% of terrorism-related deaths in Western democracies, amid a 15-year low in incidents.
- The epicenter of terrorism has shifted out of the Middle East and into the Central Sahel region of sub-Saharan Africa, which now accounts for over half of all deaths from terrorism.
- Burkina Faso suffered the worst impact from terrorism, with deaths increasing by 68% despite attacks decreasing by 17%.
- Iraq recorded the largest improvement in the last decade with deaths from terrorism falling by 99% since the 2007 peak, to 69 in 2023.
- The impact of terrorism has become increasingly concentrated, with ten countries accounting for 87% of total terrorism-related deaths.
- Over 90% of terrorist attacks and 98% of terrorism deaths in 2023 occurred in conflict zones, underscoring the strong link between conflict and terrorism.
LONDON, Feb. 29, 2024 /PRNewswire/ — Despite the Hamas attacks of October 7th, the number of terrorist incidents fell in the Middle East, along with North Africa, Europe and North America. The central Sahel region has conclusively overtaken the Middle East as terrorism’s epicentre with Islamic State (IS) and Jamaat Nusrat Al-Islam wal Muslimeen (JNIM), a franchise of Al-Qaeda, being the most active terrorist organisations.
The Global Terrorism Index 2024 (GTI) highlights that terrorism remains a serious global threat, with total deaths from terrorism increasing by 22% to 8,352 in 2023, now at their highest since 2017. Even when excluding the October 7th attacks, deaths would still have increased by 5%. This is despite terrorist incidents decreasing by 22% to 3,350, resulting in a 56% increase in the average number of people killed per attack. This is the worst rate in almost ten years.
The GTI is produced by the leading international think tank the Institute for Economics & Peace (IEP) and has been published annually for the last eleven years. It is the most comprehensive resource on global terrorism trends and uses multiple factors to calculate its score, including the number of incidences, fatalities, injuries and hostages, and combines it with conflict and socio-economic data to provide a holistic picture of terrorism.
Terrorism is becoming more concentrated with the number of countries recording a death from terrorism falling to 41, considerably lower than the peak of 57 countries recorded in 2015 and the 44 countries in 2022.
Burkina Faso suffered the worst impact from terrorism in 2023, with deaths increasing by 68% despite attacks decreasing by 17%. Terrorism in the country has deteriorated every year since 2014. Neighbouring Mali and Niger were also deeply impacted in 2023.
Pakistan recorded the most incidents of any country, with 490 attacks that resulted in 689 deaths. This is the fourth successive year where both deaths and incidents have increased in the country. Iraq recorded the largest improvement in the last decade with deaths from terrorism falling by 99% since its peak in 2007, to 69 in 2023.
The deadliest terrorist incident in 2023 was the October 7th Hamas-led attack in Israel which killed 1,200 people. Its consequences are still unfolding, with more than 30,000 Palestinians killed from Israel’s military operation by mid-February 2024.
Terrorism is not the deadliest form of violence in the world. Armed conflict results in nine times more fatalities than terrorism, homicide over 45 times more, and deaths from suicide 72 times higher. However, terrorism has a uniquely disturbing psychological and social impact intended to traumatize the whole of society, rather than the individual.
Steve Killelea, Founder & Executive Chairman, IEP:
“The last twelve months resulted in the most lives lost to terrorism than in any period since 2017. Conflict remains the primary driver of terrorism, yet most wars in the 21st century have been unwinnable and very costly. Terrorism also thrives in areas of political instability; it is imperative that current political tensions and minor conflicts do not escalate and that current conflicts are resolved, otherwise further increases in terrorism are likely.
Globally, we have seen real gains in recent years in our fight against terrorism, particularly in Western democracies. However, left unchecked regional instabilities could fan the flames of a new wave of terrorism. It is therefore important that global policymakers focus international efforts to address the current global conflicts and prevent the Gaza conflict from spreading”.
Terrorism in Western Democracies
Terrorism incidents in Western democracies recorded a drop of 55% compared to the previous year. There were 23 attacks that resulted in 21 fatalities, marking a 15-year low. However, the US recorded 76% of these fatalities from seven attacks. Five of these attacks were linked to individuals with far-right beliefs yet none had an affiliation with a far-right group. Religiously motivated terrorism has dropped significantly.
In OECD countries, many of which are Western democracies, socio-economic factors such as youth unemployment, military expenditure, lack of confidence in the press and lower inequality-adjusted life expectancy correlate significantly with the GTI.
Regional instability in the Middle East
Tensions between Palestine and Israel prior to the conflict were at an all-time high and the security situation in Israel had been deteriorating. Over 2,500 instances of communal violence in Israel and Palestine were recorded in the first ten months of 2023, compared to less than 500 in 2016.
Neighbouring countries are experiencing a spillover effect, increasing regional instability. If major hostilities were to break out, terrorist activity would most likely increase substantially. Egypt, Jordan, Lebanon, Iran, Iraq, Syria, and Yemen could all be drawn into the conflict.
The risk of conflict between Hezbollah and Israel has substantially increased. Since October 7th, there have been 630 attacks between the two groups. Hezbollah currently has over 100,000 fighters, with a rocket stockpile estimated at between 100,000 and 150,000.
Regional impact & improvements
Sub-Saharan Africa, the Middle East and North Africa (MENA), and South Asia accounted for 94% of deaths from terrorism in 2023, with sub-Saharan Africa alone accounting for just under 59% of all fatalities. The Sahel accounts for almost half of all deaths from terrorism globally. The impact of terrorism has been falling in MENA since its 2016 peak, with deaths down 66% and incidents by 72%.
Terrorism & Organised Crime in the Sahel region
Organised crime and terrorism have merged in the Sahel with groups forming complex alliances and fuelling the persistence of terrorist activities in the region. Terrorist organisations sometimes integrate with organised crime groups or provide protection and safe passage for illicit trade in drugs, human trafficking and precious metals. The region has seen a surge of kidnapping since 2017, with incidents increasing from 78 to over 1,000 in 2023 and generating significant revenues for terrorist organisations.
Increased attribution to Terrorist Groups
Of the 3,350 terrorist attacks recorded in 2023, 54% were attributed to a group. IS and its affiliates remained the world’s deadliest terrorist group, responsible for 1,636 deaths, despite its attributed deaths falling by 17%. IS was followed by Hamas, JNIM, and Al-Shabaab. Together, they were responsible for over 75% of terrorism-related deaths globally. A decade ago, they were responsible for less than 25%.
In 2023, IS attacks occurred in six of the nine GTI regions: Asia-Pacific, Europe, MENA, sub-Saharan Africa, Russia and Eurasia and South Asia. In the Middle East, Syria was the country most affected by IS attacks. It recorded 224 attacks, an increase from 152 in 2022, and a quarter of all IS related deaths.
Using machine learning techniques, researchers were able to attribute an additional 15,000 deaths to IS since 2007, increasing the total number of attributed deaths from 25,000 to 40,000.
The full GTI 2024 report and interactive map are available at: visionofhumanity.org
Twitter: @GlobPeaceIndex
Facebook: facebook.com/globalpeaceindex
Global Terrorism Index (GTI)
The GTI by the Institute for Economics & Peace provides a comprehensive summary of the key global trends and patterns in terrorism over the last 15 years. The report ranks 163 countries (99.7 % of the world’s population) according to the impact of terrorism. The GTI report is produced using data from TerrorismTracker and other sources. TerrorismTracker provides event records on terrorist attacks since 1 January 2007. The dataset contains over 65,000 terrorist incidents for the period 2007 to 2022.
Institute for Economics & Peace
The Institute for Economics & Peace (IEP) is the world’s leading think tank dedicated to developing metrics to analyse peace and to quantify its economic value. It does this by developing global and national indices, including the annual Global Peace Index, calculating the economic cost of violence and understanding Positive Peace which is the attitudes, institutions and structures that create and sustain peaceful societies.
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Fintech PR
Board the TOKEN2049 Treasure Express With Bybit and Dive Into an $80,000 Prize Pool
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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, set out to make the community’s TOKEN2049 journey more rewarding. Gearing up for the most anticipated blockchain and Web3 event in the region, Bybit is thrilled to announce three bonus events to enable both attendees and remote fans to both be part of the experience.
The winning opportunities are open to both attendees of TOKEN2049 and followers from afar. Through trading and offline events, participants stand to get free tickets, a share of the $80,000 prize pool in airdrops and coupons, and Bybit merchandise.
Event 1: TOKEN2049 Treasure Express
From now to Sep. 26, 2024, Bybit users may register for the event and complete tasks by depositing and trading assets to earn lucky draw tickets. The wheel of fortune will turn to one of the three prizes:
1. A pair of tickets to TOKEN2049;
2. A share of the airdrop prize pool valued at $50,000 featuring the hottest tokens, including DOGS, PEPE, SOL, XRP, TON and USDT; or
3. Up to 50 USDT in spot coupons.
Even more rewards await in referrals and social media giveaways. For details, visit: TOKEN2049 Treasure Express
Event 2: Share and Unlock
From now to Sep. 30, 2024, unleash your social media magic for a chance to win a 10 USDT spot trading coupon. Share a Bybit blog link and your thoughts on Bybit and Web3. Remember to tag @Bybit_Official and use the hashtag #UnlockWeb3Future and submit the form with us here: #UnlockWeb3Future at TOKEN2049 with Bybit
Event 3: Meet us offline at TOKEN2049
Spot our logo at TOKEN2049 and capture a photo at the Bybit booth (M50) to win Bybit merchandise. Remember to share to your social media channels and use the right hashtag. For details, visit: #UnlockWeb3Future at TOKEN2049 with Bybit
An advocate for a sustainable Web3 ecosystem, Bybit will be featured prominently at TOKEN2049 on a series of keynote panels, thought leadership and community events, and booth M50.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
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Fintech PR
Bybit Expands Global Reach, Receives Formal Consent for Full Authorization in Kazakhstan
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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce it’s among the first to be granted consent to a full authorization by the Astana Financial Service Authority (AFSA). This milestone brings Bybit closer to becoming a fully regulated Digital Asset Trading Facility (DATF).
As part of a rigorous process, Bybit Kazakhstan has passed a full AML check, business conduct audit, and detailed compliance inspections. This is part of Bybit’s focus on securing new user opportunities in Kazakhstan and the broader Commonwealth of Independent States (CIS) region.
“Kazakhstan has become a key player in the global crypto ecosystem, and we are thrilled to be expanding our services in such a dynamic market,” said Ben Zhou, co-founder and CEO of Bybit. “We are committed to bringing our cutting-edge technology, security, and transparency to crypto traders in Kazakhstan, ensuring they can access the best possible tools and services to thrive in this fast-growing industry.”
Once the full license is in place, Bybit Kazakhstan will offer various digital assets related products and services. The expansion into Kazakhstan aligns with Bybit’s mission to provide reliable and transparent services, catering to the unique needs of crypto traders and investors in the region.
This development follows Bybit’s receipt of its initial operating and custody licenses from AFSA in June 2023, reinforcing its commitment to local regulatory requirements. Bybit’s ongoing efforts to strengthen its presence in Kazakhstan underscore its belief in responsible growth and ensuring a compliant and secure trading environment.
Kazakhstan has quickly emerged as a hub for crypto innovation, and Bybit is proud to play a leading role in fostering this development. For example, Bybit hosted a “Foundations of Blockchain, Web3 and Crypto Exchange Activities” course for Banks of Kazakhstan in 2024. This event was part of Bybit’s drive to make blockchain education more accessible in the CIS region.
By securing this full authorization, Bybit is poised to enhance crypto adoption, provide institutional-grade security, and offer advanced trading features to its growing regional user base.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-expands-global-reach-receives-formal-consent-for-full-authorization-in-kazakhstan-302240634.html
Fintech PR
Integrum ESG and CSRHub enable fund managers to monitor both long-term trends and short-term movements in ESG ratings for companies, across a 10-year time series
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LONDON, Sept. 6, 2024 /PRNewswire/ — Integrum ESG, the leading alternative ESG data provider, has today announced the launch of their Consensus ESG Ratings module.
Just as investors monitor movements in consensus earnings estimates or credit ratings, investors now are aware of the demand for the ability to monitor long-term trends and short-term movements in consensus ESG ratings.
This new feature enables Integrum ESG’s asset manager clients to now see the consensus ESG score for any company, either as an absolute rating or a relative percentile ranking, across a 10-year time series.
These scores will indicate to any investor what the capital markets have ‘priced in’ for a company’s ESG performance, allowing users to quickly understand the market’s view on a company and easily conduct relative ESG analysis on the positions they hold within their Portfolio.
This regularly updated data is provided by CSRHub, the world’s leading provider of consensus ESG ratings. CSRHub has spent years aggregating and normalising a vast range of licensed sources – from large ESG ratings firms such as MSCI, ISS, S&P Global, and Sustainalytics to specialists such as CDP and Better World Companies.
Shai Hill, Founder and CEO of Integrum ESG, commented: “Many investors have told us they want a sense of ‘what is priced in’ in terms of a company’s ESG performance, so they can compare this to what anyone ESG ratings firm is saying. CSRHub is the only firm to have credibly achieved this, thanks to a model refined over years and a vast data lake – so we are delighted to be partnering with them.”
Bahar Gidwani, Co-Founder of CSRHub, added: “Investors need to fine tune their ESG-related investment strategies to improve their returns and better match the preferences of their clients. Combining CSRHub’s expert outside-in, consensus view of ESG with Integrum ESG’s detailed real-time data stream provides a strong solution for these needs.”
About Integrum ESG
Integrum ESG is the leading alternative ESG data and ratings platform for investors, blending human analysis and award-winning artificial intelligence models to capture, verify and display granular and relevant ESG data for analysis and assessment. Their Platform allows clients to dissect ESG scores, real-time sentiment, and more with a variety of unique-to-market features, empowering industry professionals and investors and giving them complete oversight of ESG risk across their portfolio.
For more information, visit www.integrumesg.com
About CSRHub
CSRHub offers the most comprehensive global set of Consensus ESG (Environmental, Social, and Governance) ratings, information, and tools. CSRHub’s business intelligence system measures the ESG business impact that drives corporate and investor sustainability decisions. Founded in 2007, CSRHub covers 56,545 public and private companies, and provides ESG performance scores on over 37,899 companies from 135 industries in 210 countries. Our Big Data platform uses algorithms to aggregate, normalize and weight ESG metrics from 957 sources to produce a strong consensus signal on corporate sustainability performance.
For more information, visit www.csrhub.com
Media Contact
Harish Karunalingam
Integrum ESG
[email protected]
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