Date first published: 19/05/2022 Key sectors: all Key risks: default; currency collapse; government change Risk development On 10 April, Imran Khan was removed from the position of prime minister following a controversial no-confidence vote. Into his place stepped Shehbaz Sharif, the head of the PML-N, and the brother of ousted former prime minister Nawaz […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Date first published: 31/03/2022 Key sectors: all; infrastructure Key risks: internal conflict; protests; business risks Risk development At least ten separatist attacks were recorded in Papua province in the month of March, including the killing of eight civilian technicians during an attack on the Telkomsel tower in Beoga, Puncak district on 2 March. These […]
Date first published: 29/03/2022 Key sectors: oil and gas; all Key risks: political violence; war on land; business disruption; sanctions Risk development On 16 March the Gulf Cooperation Council (GCC) – comprised of Saudi Arabia, Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates – invited Yemen’s Iran-backed Huthi militia to peace talks scheduled […]
Date first published: 22/03/2022 Key sectors: all; defence Key risks: all; war on land Risk development On 27 February Germany’s Chancellor Olaf Scholz gave a special address to the Bundestag in which he described Russia’s invasion of Ukraine as a ‘Zeitenwende’ or turning point in the history of the European continent. He proceeded to […]
Date first published: 15/03/2022 Key sectors: all Key risks: war-on-land Risk development On 10 March Israeli Foreign Minister Yair Lapid met with Jordanian King Abdullah II in Amman in an effort to calm tensions in Jerusalem and across the West Bank amid an uptick in violent clashes and ahead of upcoming religious celebrations. Why […]
Date first published: 08/03/22 Key sectors: all Key risks: economic risks; sanctions Risk development 13 days into the conflict, Russia’s invasion of Ukraine has put Chinese President Xi Jinping in an awkward position amid strong ties with both countries, while posing a real danger to China as a whole. What does the conflict mean for […]
