Americas: Disruptive anti-government protests enter second week across Ecuador Sectors: all; oil sector; retail; cargo transport Key Risks: business interruption; disruptive civil unrest; vandalism; sabotage In Ecuador, disruptive anti-government protests are expected to continue across the country over the coming week. Hundreds of indigenous protesters arrived in the capital Quito on 19 June defying a […]
Date first published: 14/06/2022 Key sectors: all Key risks: leadership change; populist policy; trade disputes Risk development On 6 June Prime Minister (PM) Boris Johnson faced a vote of confidence from members of his own Conservative Party. Johnson managed to survive but won the support of only 211 MPs – 59 per cent of […]
Americas: Petro and Hernandez to face off on Colombia’s 19 June presidential runoff Sectors: all; extractives sector Key Risks: policy uncertainty; political stability; business and economic risks In Colombia, leftist Senator and former guerrilla Gustavo Petro and businessman Rodolfo Hernandez will face off in a highly uncertain presidential runoff on 19 June. Recent polls suggest […]
Date first published: 07/06/2022 Key sectors: healthcare Key risks: pandemics Risk Development In early May 2022, UK authorities confirmed the first registered case of monkeypox – a viral disease with some similarities to smallpox. Over the next month cases were reported across Europe, as well as in the Americas, North Africa and Australia. By 4 June a total […]
Americas: US sanctions on Venezuelan oil set to ease, pressure for political dialogue to increase Sectors: all; oil sector Key Risks: sanctions; business risks In Venezuela, pressure for the resumption of talks between President Nicolas Maduro’s government and the US-backed opposition is set to increase as the US appears ready to partially ease sanctions on […]
Date first published: 31/05/2022 Key sectors: energy; oil and gas Key risks: business risks; trade; sanctions; energy security Risk development On 27 April Russia’s state-owned gas company Gazprom cut natural gas deliveries to Poland over its refusal to comply with a new rouble payment mechanism – demanded by Moscow since 1 April, in breach […]
Americas: Peru’s President Castillo to face further pressure amid fresh criminal probe Sectors: all Key Risks: political instability; corruption; governability; civil unrest In Peru, leftist President Pedro Castillo is set to face growing pressure over his alleged involvement in another corruption probe which risks further affecting his plummeting popularity. On 29 May the Attorney General’s […]
Date first published: 19/05/2022 Key sectors: all Key risks: default; currency collapse; government change Risk development On 10 April, Imran Khan was removed from the position of prime minister following a controversial no-confidence vote. Into his place stepped Shehbaz Sharif, the head of the PML-N, and the brother of ousted former prime minister Nawaz […]
Americas: Colombia’s presidential elections likely to result in June runoff, political uncertainty Sectors: all Key Risks: political violence and uncertainty; policy continuity; business and economic risks In Colombia, presidential elections scheduled for 29 May are expected to lead to a 19 June runoff between leftist frontrunner Gustavo Petro and either centre-right Federico Gutierrez or independent […]
Date first published: 12/05/2022 Key sectors: oil and gas Key risks: economic risks; business risks; civil unrest Risk development On 10 May the Tobruk-based administration of Fathi Bashagha suggested that the country’s oil fields, many of which were closed due to blockades by armed militias and demonstrators, may resume operations following negotiations with militias […]
Americas: Chile’s Constituent Assembly rejects major mining overhaul; changes still expected Sectors: mining Key Risks: regulatory uncertainty; business risks In Chile, on 14 May the Constituent Assembly (CA) in charge of drafting a new constitution rejected Article 27 – a key proposal which included provisions granting the state exclusive rights to mine lithium and other […]
Date first published: 05/05/2022 Key sectors: all; electricity; mining; oil and gas Key risks: regulatory changes; contract frustration; nationalisation Risk development On 17 April President Andres Manuel Lopez Obrador’s (AMLO) flagship and controversial plan to reform the electricity market failed to reach the two-thirds majority needed in the lower house of Congress to become […]
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