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 […]
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 […]
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 […]
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 – […]
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 […]
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 […]
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 […]
Date first published: 10/01/2023 Key sectors: technology; finance Key risks: credit risks; market contagion Risk development In November 2022 FTX, the cryptocurrency exchange specializing in derivatives and leveraged products, filed for bankruptcy. FTX was once valued at US$32bln and its founder Sam Bankman-Fried was the most prominent name in crypto. Its failure highlights serious […]
Americas: Civic committee leader declares day of national protest on 10 January in Bolivia Sectors: all; transport Key Risks: civil unrest; political violence; business disruption In Bolivia, on 4 January President of the powerful Pro Santa Cruz Civic Committee Romulo Calvo declared 10 January as a day of nationwide mobilisation to demand the release of […]
Date first published: 03/01/2023 Key sectors: oil and gas Key risks: civil unrest; violent clashes; business risks Risk development On 16 December Prime Minister James Marape unveiled plans to extend by one year the country’s military presence in Hela province as well as in the neighbouring Enga and Southern Highlands provinces. The plans also […]
Americas: Colombia’s government, five armed groups agree to six-month bilateral ceasefire Sectors: all Key Risks: terrorism; insurgency; targeted attacks; violent clashes; violent crime; kidnapping In Colombia, on 31 December President Gustavo Petro’s government announced a bilateral ceasefire effective from 1 January until 30 June with five armed groups to support official peace talks between the […]
Americas: Security forces foil bomb plot ahead of Lula’s inauguration in Brazil Sectors: all Key Risks: political violence; civil unrest In Brazil, on 24 December an unidentified assailant was arrested after an attempted bomb attack near the international airport in the capital Brasilia. Security forces deactivated the explosives found in a fuel truck after they were […]