France: The King in Yellow

Date first published: 11/12/2018 Key sectors: retail; transport; pensions Key risks: civil unrest; vandalism; political instability President Emmanuel Macron caved to violent street protests, by a group known as the ‘Gilets Jaunes’ or Yellow Vests, on 10 December and announced as series of economic measures aimed at placating their demands. Macron acknowledged that his own...

Brazil: Bolsonaro

Date first published: 22/11/2018 Key sectors: all Key risks: policy uncertainty; governability The election of far-right former captain Jair Bolsonaro as Brazil’s next president has arguably been the biggest surprise in Latin America’s 2017-2018 super-electoral cycle. The unprecedented levels of uncertainty observed throughout Brazil’s electoral process is far from ending given the room for populist,...

Pakistan: A second surrender to extremists

Date first published: 13/11/2018 Key sectors: all Key risks: civil unrest; political violence; political stability Mass religious protests led by Cleric Khadim Hussain Rizvi ground Pakistan’s major cities to a halt. The government initially refused to back down, but within days found itself surrendering to extremists’ demands. The opposition attacked the government for its response...

Sri Lanka: Crisis in Colombo

Date first published: 6/11/2018 Key sectors: all Key risks: political instability; debt; investor confidence On 26 October, President Maithripala Sirisena dismissed Prime Minister Ranil Wickremesinghe and replaced him with ex-president Mahinda Rajapaksa, a former authoritarian strongman accused of nepotism, corruption and human rights violations. The move, which Wickremesinghe argues was unconstitutional, set into motion...