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 […]
Americas: Gulf Clan ends deadly armed strike, risk of violence to remain high in Colombia Sectors: all Key Risks: violent crime; armed attacks; arson In Colombia, the risk of further violence will remain high despite the apparent end of a four-day ‘armed strike’ by the Gulf Clan – the country’s largest organised criminal group. Authorities […]
Date first published: 03/05/2022 Key sectors: infrastructure Key risks: terrorism; border conflicts Risk development Since 2013, China has been investing heavily in Pakistan. The China–Pakistan Economic Corridor (CPEC) has included the construction of the Gwadar Port in Balochistan, a network of highways and railways, and over US$30bln in energy infrastructure. CPEC could help accelerate […]
Americas: Risk of violence high after Lasso invokes SoE amid rampant gang crime in Ecuador Sectors: all Key Risks: violent crime; gang-related violence; civil unrest In Ecuador, the risk of violent confrontations between the security forces and criminal groups will remain high over the coming weeks after President Guillermo Lasso declared a 60-day state of […]
Date first published: 26/04/2022 Key sectors: all Key risks: policy uncertainty; civil unrest; government debt Risk development On 24 April President Emmanuel Macron secured five more years in the Elysee after defeating his far right rival Marine Le Pen in the presidential run-off. Macron won 58.5 per cent of the vote compared to 41.5 […]
Americas: Peru’s mining sector, copper output at risk of further disruption due to unrest Sectors: mining; extractive industries Key Risks: civil unrest; business disruption In Peru, the risk of unrest affecting the key mining sector will remain high over the coming weeks despite protesters reportedly lifting their 52-day-long protest at Southern Copper’s Cuajone copper mine. […]
Date first published: 14/04/2022 Key sectors: all Key risks: economic risks; political stability; civil unrest Risk development On 13 April the Ministry of Finance suspended all payments on external debt in order to pay for essential goods amid a deepening economic crisis. The statement, which was a complete contrast to the January assurance that […]
Americas: Mexico’s AMLO to continue to prioritise state over private sector despite major defeat Sectors: all; electricity; mining; oil and gas Key Risks: regulatory changes; contract frustration; nationalisations In Mexico, President Andres Manuel Lopez Obrador (AMLO) will continue to prioritise the state over private players in the country’s key sectors despite a major defeat in […]
Date first published: 07/04/2022 Key sectors: all Key risks: political violence; business disruption; supply-chain risks; war on land Risk development On 25 March the Tigray People’s Liberation Front (TPLF), a political party-turned rebel group, agreed to the federal government’s ‘cessation of hostilities’ to allow humanitarian aid into northern Tigray region, a day after Prime Minister […]
Americas: Lula appoints Alckmin as running mate to widen support ahead of October elections in Brazil Sectors: all Key Risks: business and economic risks; political stability In Brazil, leftist former president Luiz Inacio Lula da Silva named former Sao Paulo governor Geraldo Alckmin as his running mate for the 2 October presidential elections amid shifting […]