Bolivia: A new chapter after 20 years of MAS

Date first published: 26/08/2025 Key sectors: all Key risks: political stability; governance; policy uncertainty; economic Risk development On 17 August centrist senator Rodrigo Paz of the Christian Democratic Party (PDC) led the presidential election with 32.18 per cent, followed by conservative former president Jorge ‘Tuto’ Quiroga of the Alianza coalition with 26.94 per cent. The […]
Armenia-Azerbaijan: Successful trip(p)

Date first published: 19/08/2025 Key sectors: all; transportation Key risks: war-on-land; business and economic Risk development On 8 August Armenian President Nikol Pashinyan and Azerbaijani President Ilham Aliyev signed a joint declaration pledging to end their decades-long conflict during a meeting with United States (US) President Donald Trump in Washington. The deal grants the US […]
El Salvador: The ‘Bukele Plan’ for democracy

Date first published: 07/08/2025 Key sectors: all Key risks: governance; democratic backsliding; political stability; gang violence Risk development On 31 July the ruling New Ideas (NI) party – which dominates the National Assembly – passed a bill with 57 votes in favour and three against, allowing indefinite presidential re-election, extending terms from five to six years and […]
Cambodia-Thailand: Family matters

Date first published: 05/08/2025 Key sectors: all Key risks: war on land; political instability; coup d’etat Risk development From 24 to 29 July 43 people were killed, 130 were injured and over 250,000 people were evacuated after the Thai and Cambodian militaries engaged in a series of clashes along the border in Surin, Buri Ram, […]
Colombia: Total peace to total failure?

Date first published: 24/07/2025 Key sectors: all; oil and gas Key risks: politic violence; violent clashes; economic risks; business risks; targeted attacks Risk development On 13 July the Cano Limon-Covenas Oil Pipeline was bombed by unidentified assailants in Saravena, Arauca department, prompting the suspension of pumping between oil fields in the northeast and the Caribbean […]
Piracy on the rise: Southeast Asia’s shipping at risk

Date first published: 22/07/2025 Key sectors: all Key risks: business risks; business disruptions; trade disruptions; targeted attacks; kidnapping; cargo transport Risk development While global incidents of piracy and armed robbery against ships (ARAS) have generally declined in recent years, Southeast Asia has seen a marked resurgence since the beginning of 2025. The Straits of Malacca […]
Thailand: Three Shinawatra governments, three coup d’etats?

Date first published: 03/07/2025 Key sectors: all Key risks: government instability; political instability; coup d’etat Risk development On 1 July Bangkok’s Constitutional Court suspended Prime Minister Paetongtarn Shinawatra from all duties pending an ethics violation case. The case covers the contents of her phone call with former Cambodian prime minister Hun Sen, intended to de-escalate tensions after the […]
Kenya: From the frying pan into the fire

Date first published: 01/07/2025 Key sectors: all Key risks: civil unrest; disruptive unrest; political stability Risk development On 25 June at least 12 people were killed and 400 others injured in youth-led, nationwide protests across Kenya, marking the one-year anniversary of demonstrations opposing the controversial 2024 Finance Bill. Protesters took to the streets of urban centres […]
Israel-Iran: Peace through Strength

Date first published: 24/06/2025 Key sectors: all Key risks: regional tensions; regional escalation; geopolitical tensions Risk development On 13 June Israel struck Tehran’s nuclear facilities, missile sites and military command centres in Tehran. The attack prompted an immediate Iranian response with ‘Operation True Promise III’. Rejecting US President Donald Trump’s calls for “unconditional surrender”, on […]
DRC-Rwanda: Now or never

Date first published: 17/06/2025 Key sectors: all Key risks: diplomatic; economic; war-on-land Risk development On 15 June Rwandan Minister of Foreign Affairs Olivier Nduhungirehe stated that the initial mid-June deadline for a peace deal between Kigali and the Democratic Republic of Congo (DRC) was indicative and that negotiations are still ongoing. This followed comments on […]
Guinea: Put up or pack up

Date first published: 10/06/2025 Key sectors: mining Key risks: business risks; business disruptions; frustration of process Risk development On 29 May the government cancelled 129 mineral exploration permits, primarily focused on the gold, diamond and bauxite mining sectors. The stated reason was to facilitate a switch to a digitised system to reportedly optimise the licensing […]
EU–Iran–UK: Tehran’s criminal proxies

Date first published: 29/05/2025 Key sectors: all Key risks: political violence; gang violence; targeted attacks Risk development On 4 May eight people – including seven Iranian nationals – were arrested in the United Kingdom (UK) during major counter-terrorism operations on suspicion of plotting “terrorist” acts and posing a threat to national security. On 17 May […]