"The danger of a cross-border shock is also serious, especially as tensions a bit further north, in the region of Goma on the DRC-Rwanda border, are increasing," he said.
In a separate chapter of the GFSR, the IMF gives a cleaner bill of health to the global banking sector, which it says is tending to become more local, reducing the risks of cross-border shocks of the kind that rocked global financial markets in 2007 and 2008.
Davis was opposed to slavery and its extension into the territories, but he voted for most of the provisions of the Compromise of 1850, including the bill on Texas borders, shocking some anti-compromise Whigs.
It was one of Russia's worst defeats in its Chechen campaign, and it has left Pskov, a city of 200,000 on Russia's European border, in shock and bereavement.
Antonakakis (2012) examined cross border currency shock spillover before and after Euro and other currency including Japanese yen, Swiss France and British Pound.
That's why recent clashes on the Turkish-Syrian border sent shocks down the spines of Syrian Armenians.
But citizens on both sides of the border were shocked to discover that the US government — through Operation Fast and Furious — had been helping to provide Mexico's most violent criminals with the tools with which to terrorize their victims.
Reporters Without Borders was shocked by the lengthy sentences and very worried about the physical condition of al-Singace whose release it demanded, along with that of all the other prisoners of conscience.
Their recommendations, issued at public launch events in The Hague on June 16th and again in Washington D.C. on July 9th, focus on three broad areas - climate change, the intersection between "cross-border economic shocks" and an array of possible cyber cataclysms, and intrastate violence "in fragile states".
