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Sri Lanka: Rock bottom

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 […]

Ethiopia: Potential peace surfaces

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 […]

Indonesia: A conflict renewed in Papua

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 […]

Yemen: GCC-led peace talks

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 […]

Germany: Zeitenwende

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 […]

Gaza and the West Bank: Uptick in violence

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 […]

China: Comrades in arms?

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 […]

Tajikistan-Kyrgyzstan: The unresolved dispute

Date first published: 01/03/2022 Key sectors: all Key risks: interstate conflict   Risk Development At least one person was killed and 23 people were injured during the most recent clashes between Tajik and Kyrgyz citizens over the two countries’ contested border. While authorities managed to establish a ceasefire and the area has been calm since […]

Peru: Reshuffle

Date first published: 17/02/2022 Key sectors: all; mining; oil and gas Key risks: political stability; policy continuity; governability   Risk development Far-left President Pedro Castillo has reshuffled his cabinet four times since taking office on 28 July 2021. Most of these changes took place in recent weeks, with three prime ministers being designated in just […]

India: The future of telecommunication

Date first published: 15/02/2022 Key sectors: telecommunication Key risks: public debt, private debt; slow growth   Risk development India is one of the world’s largest telecommunications markets. Its population tops 1.3 billion, the economy continues to grow and demand for mobile internet services continues to rise. Yet, despite its potential, the market has faced massive […]

Myanmar: A year later

Date first published: 03/02/2022 Key sectors: all Key risks: internal conflict; civil unrest; protests; sanctions; business risks   Risk development 1 February marked the first anniversary of the coup d’état in which the military seized power hours before the newly elected parliament was set to convene on 1 February 2021. Opponents of military rule marked […]

UAE: In the Huthi line of fire

Date first published: 27/01/2022 Key sectors: all; strategic infrastructure; aviation; oil and gas Key risks: war-on-land; terrorism; cross-border attacks   Risk development On 17 January the Huthi militia in Yemen attacked Abu Dhabi with a mix of cruise missiles, ballistic missiles and explosive-laden drones. The attack killed three civilians and injured another six after the […]