Americas: Chile’s President Pinera signs early pension withdrawals into law; shocks expected Sectors: all Key Risks: financial market disruption; economic risks; civil unrest In Chile, on 24 July President Sebastian Pinera signed into law a bill allowing citizens to withdraw 10 per cent of their pension savings, a move that officials estimate could have a […]
Americas: Landslides continue to affect oil pipeline operations in Ecuador Sectors: oil and gas; power generation Key Risks: business interruption; force majeure In Ecuador, erosion in part of the riverbed of the Coca River continues to affect strategic infrastructure in the area. On 18 July pumping operations were suspended at the privately-held Heavy Crude Pipeline […]
Americas: Suriname’s National Assembly to elect the country’s president Sectors: oil and gas; mining Key Risks: political instability; policy continuity; legislative gridlock In Suriname, the National Assembly is set to vote to elect the country’s next president on 13 July, with the incoming administration scheduled to take office on 17 July. The transition of power […]
Americas: Argentina presented improved debt offer to in last move to avoid unruly default Sectors: all Key Risks: sovereign default; protracted litigation In Argentina, the government unveiled an improved debt restructuring offer to its private creditors raising the chances of reaching a deal that would prevent protracted litigation in courts, although the latter still remains […]
Americas: Dominican Republic to head to the polls amid COVID-19 Sectors: all Key Risks: political stability; election-related unrest In the Dominican Republic, general elections are expected to take place on 5 July amid the COVID-19 pandemic. The vote, originally scheduled for 17 May, was postponed due to the spread of the virus. According to the […]
Americas: Chile facing tightened lockdown, Codelco suspends projects over COVID-19 Sectors: all Key Risks: business interruption; economic risks In Chile, lockdowns and associated enforcement measures to try to contain the spread of COVID-19 are expected to continue to heighten. Although the government was initially reluctant to impose a mandatory national quarantine, full lockdowns have recently […]
Americas: Controversial proposal to merge Mexico’s regulators postponed amid backlash Sectors: all Key Risks: regulatory changes; contract frustration In Mexico, Ricardo Monreal, the Senate leader of the ruling leftist Morena party, decided to delay a controversial proposal to merge three regulatory bodies – an initiative that was publicly backed by President Andres Manuel Lopez Obrador […]
Americas: Guyana completes 2 March general election vote recount, opposition set to win Sectors: oil and gas; mining Key Risks: political instability; policy continuity; civil unrest In Guyana, after 33 days the Guyana Elections Commission (GECOM) completed the recount of the votes cast in the 2 March general elections, with unofficial results granting the opposition […]
Americas: Suriname faces heightened political instability after crucial election Sectors: oil and gas; mining Key Risks: political instability; policy continuity; legislative gridlock; unrest In Suriname, political instability is set to heighten as pressure mounts for electoral authorities to announce the final results of the 25 May elections. As of 31 May, with 99.5 per cent […]
Americas: Creditor talks set to continue after Argentina’s ninth sovereign default Sectors: all Key Risks: sovereign default In Argentina, creditor groups were approached by the government to sign a non-disclosure agreement to continue debt restructuring negotiations. The move came a day after the country defaulted for the ninth time on its sovereign debt after missing […]
A Code. The final lockdown blog. I think you should be able to sum up what you live by in paragraph. Otherwise, you could look like one of those people on Facebook that re-posts a motivational quote every day – searchers. They want to follow; be something but don’t know what. They want change but […]
Americas: Ecuador’s mining sector to resume operations despite state of emergency extension Sectors: mining; all Key Risks: business interruption; economic risks In Ecuador, the mining sector has been allowed to gradually resume its activities over the coming weeks after the Committee for Emergency Operations approved on 15 May a set of strict health and safety guidelines […]
