Americas: Unionised workers launch strike at Colombia’s Cerrejon coal mine Sectors: mining Key Risks: strikes; business interruption In Colombia, Sintracarbon, the largest union at Cerrejon’s coal mine, began an indefinite strike at the facility owned by BHP, Anglo American and Glencore as efforts to avert industrial action failed. On 20 August 99 per cent of the union’s members […]
Americas: Corruption fallout looms as former Pemex CEO accuses ex-presidents, other officials Sectors: all, particularly energy sector Key Risks: frustration of process; contract reviews; business risks In Mexico, Emilio Lozoya, CEO at state-owned oil firm Pemex under former president Enrique Pena Nieto in 2012-2016, accused former presidents, ministers, lawmakers and other government officials of corruption, according to a […]
Americas: Governor Vazquez loses primary vote to Pedro Pierluisi in Puerto Rico Sectors: all Key Risks: political instability; economic and political risks; civil unrest In Puerto Rico, Governor Wanda Vazquez acknowledged losing the ruling New Progressive Party’s primary vote to Pedro Pierluisi after the postponed vote to cast gubernatorial candidates for the 3 November general […]
Americas: Nationwide demonstrations, blockades to enter second week in Bolivia Sectors: all Key Risks: political instability; civil unrest; business disruption In Bolivia, nationwide anti-government protests and associated road blockades against the recent decision to postpone general elections are expected to enter their second week. The seventh consecutive day of protests, backed by the Bolivian Workers’ […]
Americas: Opposition candidate Mohamed Irfaan Ali sworn in as president Sectors: oil and gas; mining Key Risks: political instability; policy continuity; civil unrest In Guyana, Mohamed Irfaan Ali from the opposition PPP/C was sworn in as president on 2 August, exactly five months after the 2 March general elections. The political standoff over the results of the highly […]
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 […]
To download this report, please enter your details below.