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Nigeria – Tinubu expected to snatch 25 February presidential election

Date first published: 16/02/23 Key sectors: all; oil and gas Key risks: political stability, policy uncertainty Risk development On 15 February two Nigeria based research organisations, ANAP Foundation and Kwakol Research, published a poll that identified presidential candidate Peter Obi of the Labour Party (LP) as the most likely candidate to succeed President Muhammadu Buhari […]

Ones to Watch, 20 February 2023

Americas:  IMF-backed austerity measures spark unrest in Suriname Sectors: all Key Risks: civil unrest; political violence; political stability In Suriname, on 17 February 119 people were arrested and 20 others were injured as protesters stormed parliament, looted local businesses and clashed with police in the capital Paramaribo. Thousands participated in initially peaceful demonstrations against government […]

Iran – Russia: an alternative inter-bank system to skirt Western sanctions

Date first published: 08/02/23 Key sectors: all Key risks: economic, business   Risk development On 30 January Iran and Russia signed a memorandum of understanding (MoU) creating an inter-bank messaging system that would allow financial transactions between Iranian and Russian banks to bypass the Belgium-based international Society for Worldwide Interbank Financial Telecommunication (SWIFT) system. Tehran […]

Ones to Watch, 13 February 2023

Americas: Colombian government, ELN begin second round of peace talks in Mexico City Sectors: all Key Risks: terrorism; insurgency; targeted attacks; violent clashes; violent crime; kidnapping In Colombia, on 13 February President Gustavo Petro’s government and the leftist National Liberation Army (ELN) guerrilla group began the second round of official peace talks in Mexico’s capital […]

Sweden-Turkey: Sweden’s burning path to NATO

Date first published: 02/02/2023 Key sectors: all; defence Key risks: civil unrest; war on land   Risk development On 16 May 2022 the previous Swedish government, led by the centre-left Magdalena Andersson, decided to apply for NATO membership. The decision was taken after the Foreign Ministry drafted a report on the consequences of Russia’s war […]

Ones to Watch, 6 February 2023

Americas: International military intervention remains unlikely in Haiti Sectors: all Key Risks: gang-related violence; targeted attacks; disruptive unrest In Haiti, on 5 February Canada deployed a military aircraft over the country to support efforts to disrupt the activities of gangs that expanded their territorial control after the 2021 assassination of former president Jovenel Moise. Prime […]

Uzbekistan: The coldest winter in 50 years

Date first published: 26/01/2023 Key sectors: energy; oil and gas Key risks: civil unrest; economic; business   Risk outlook On 18 January dozens of residents stormed local energy facilities in the capital Tashkent and other towns in the Tashkent region due to electricity shortages. On 16 January a video emerged on social media of a […]

Ones to Watch, 30 January 2023

Americas: Mexico’s President AMLO confirms fresh support for debt-stricken Pemex  Sectors: oil and gas Key Risks: business risk; non-payment In Mexico, on 27 January leftist resource-nationalist President Andres Manuel Lopez Obrador (AMLO) stated that his government would provide further support to debt-stricken state-owned oil company Pemex to guarantee that the firm pays its debts. He […]

Peru: Unrest impacts the mining sector  

Date first published: 24/01/2023 Key sectors: mining Key risks: business risk; economic risk; business interruption; political violence   Risk development An ongoing wave of higly disruptive and violent unrest is significantly affecting Peru’s mining sector. The protests – sparked by the ouster and arrest of former leftist president Pedro Castillo on 7 December 2022 – […]

Ones to Watch, 23 January 2023

Americas: Anti-government protesters to continue to target Peru’s mining sector Sectors: mining Key Risks: civil unrest; business interruption; political violence; political stability In Peru, on 19 January President Dina Boluarte’s government expanded the state of emergency already effective in the capital Lima and in Puno and Cusco regions to Amazonas, La Libertad and Tacna regions […]

Iran: No end in sight

Date first published: 17/01/2023 Key sectors: all Key risks: political stability; civil unrest; political violence   Risk development On 9 January during a speech in the city of Qom, Iranian Supreme Leader Ayatollah Ali Khamenei claimed protests had failed to weaken the Islamic Republic. Despite continued unrest, the Iranian regime is doubling down on the […]

Ones to Watch, 16 January 2023

Americas: Congress gives green light for new constitutional process in Chile Sectors: all Key Risks: political instability; policy and regulatory uncertainty In Chile, on 11 January Congress approved a bill to launch a new constitutional process after 61.86 per cent of voters rejected the first draft constitution – which was deemed to be too left-leaning […]