Senegal: Deep in debt

Date first published: 06/01/2026 Key sectors: all Key risks: economic risks; business risks; political stability Risk development On 27 December 2025 Senegal announced it had raised CFA560bln (US$1bln) on the West African Economic and Monetary Union (WAEMU) securities market in its fourth and final bond sale of 2025. Exceeding its CFA400bln target, the sale was […]
Ones to Watch, 5 January 2026

Americas: Acting president signals cooperation after US threatens further strikes in Venezuela Sectors: all; oil and gasKey Risks: Political stability; government instability; policy uncertainty; civil unrest; regional escalation In Venezuela, on 4 January acting president Delcy Rodriguez signalled a willingness to cooperate with Washington, prioritising “peace and dialogue”, though the legitimacy of her leadership is […]
Chile: Make Neoliberalism Great Again?

Date first published: 23/12/2025 Key sectors: all Key risks: political polarisation; governability; policy continuity; civil unrest Risk development On 14 December far-right Republican Party candidate Jose Antonio Kast won the presidential election with 58 per cent of the vote, defeating Communist Party candidate Jeannette Jara’s 42 per cent. Kast capitalised on public discontent over escalating crime, immigration […]
Ones to Watch, 29 December 2025

Americas: Labour court orders 80 per cent workforce to stay in place in Petrobras strike in Brazil Sectors: oil and gas; allKey Risks: industrial action; business disruptions In Brazil, on 28 December a labour court ordered staffing levels to remain at 80 per cent at all Petrobras facilities amid salary negotiations among the state-run oil […]
Australia: Slipped Through the Cracks?

Date first published: 23/12/2025 Key sectors: all Key risks: targeted attacks; political polarisation; terrorism Risk development On 14 December at least 16 people, including one assailant, were killed, and 42 others were injured during a shooting attack at Bondi Beach in Sydney, New South Wales state. Bomb disposal experts stated that three IEDs had also been thrown but failed to detonate. Police stated that the […]
Ones to Watch, 22 December 2025

Americas: Transport workers launch strike over fuel price hike in Bolivia Sectors: all; transportKey Risks: civil unrest; disruptive unrest In Bolivia, on 19 December transport workers launched a strike in response to a 100 per cent fuel price hike ordered by the new government, erecting blockades and shutting down public transportation, bringing La Paz and […]
Honduras: Contested vote, contested institutions

Date first published: 11/12/2025 Key sectors: all Key risks: political stability; institutional weakness; civil unrest; governability; corruption Risk development On 10 December the Standing Committee of Congress announced it would not validate the results of the 30 November presidential election due to “pressures” from internal organised crime structures and interference from US President Donald Trump, […]
Ones to Watch, 15 December 2025

Americas: Government declares SoE after at least five killed in string of attacks in Guatemala Sectors: allKey Risks: communal violence; violent clashes; gang violence In Guatemala, on 14 December President Bernardo Arevalo’s government declared a state of emergency (SoE) – limiting open-air meetings and public events – for 15 days in Nahuala and Santa Catarina […]
Iran-Turkey: Land over sea – rerouting global trade?

Date first published: 09/12/2025 Key sectors: all Key risks: cargo transport; business risks; trade disruptions; war at sea Risk development On 30 November Tehran and Ankara reached an agreement to build a US$1.6bln, 200 km rail link – referred to in Iran as the Marand–Cheshmeh Soraya railway transit line – connecting Iran’s rail network with Turkey’s. […]
Ones to Watch, 8 December 2025

Americas: Five killed, 12 injured in VBIED attack in Mexico’s Michoacan state Sectors: all Key Risks: targeted attacks; gang violence In Mexico, on 6 December five people were killed – including three police officers – and 12 were injured in a VBIED attack outside a police station in Coahuayana, Michoacan state. This came after the […]
China-Japan: On a knife’s edge

Date first published: 27/11/2025 Key sectors: all Key risks: regional escalation; regional conflict; policy uncertainty; economic risks; business disruptions; trade disruptions; supply chain disruption; trade friction Risk development On 26 November, Beijing’s spokesperson for the Taiwan Affairs Office, Peng Qingen, issued a sharp warning declaring that China would “crush any foreign interference” over Taiwan and […]
Ones to Watch, 1 December 2025

Americas: Preliminary results show Asfura leading in Honduran presidential elections Sectors: all Key Risks: political stability In Honduras, on 1 December preliminary results from 55 per cent of polling stations showed the conservative National Party’s Nasry Asfura leading with 40 per cent of the vote, ahead of the centrist Liberal Party’s Salvador Nasralla with 39.78 […]