The article discusses how to manage risks when investing internationally. It covers topics like diversifying bonds, managing currency fluctuations, and using different asset classes. The researchers explore strategies for reducing risks in global equity markets and discuss the challenges of trading in international investments. They also look at specific regions like Asia, Latin America, and Eastern Europe to understand the unique risks they present. Overall, the goal is to help investors protect their portfolios from currency, interest rate, equity, and commodity risks.