A new era, new questions?

According to the Allianz Commercial “risk barometer”, businesspeople are currently concerned about cyberattacks and artificial intelligence (AI). By contrast, private consumers are worried by the rise in petrol prices and the Iran war. This is also partially caused by the fact that hardly any ships are able to pass the Strait of Hormuz at present.

Indeed, almost 30 per cent of oil transported around the world passes through this maritime corridor on the Persian Gulf. As a result of the above as well as other trouble spots, two questions are being increasingly asked: Given the current security situation, is Germany’s defence a national responsibility that goes beyond military measures? And could rearmament boost the economy?