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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 […]

Afghanistan – Turkmenistan: Asghabat’s dream pipeline

Date first published: 20/01/22 Key sectors: oil and gas Key risks: economic risks   Risk development On 11 January the Taliban’s Foreign Minister Amir Khan Muttaqi stated that Kabul will soon sign seven remaining agreements concerning the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, a Turkmen project which would carry 33bcm of natural gas each year from Galkynysh to the Indian […]

Kazakhstan: ‘Old man should go’

Date first published: 13/01/2022 Key sectors: all Key risks: political instability; civil unrest   Risk development Kazakhstan has experienced the biggest nationwide anti-regime unrest since its independence in 1991. While the protests were partially hijacked by violent groups and individuals, whose identity remain unclear, President Kassym-Jomart Tokayev responded with a large-scale crackdown on protesters. These […]

Gulf of Guinea: Turbulent tides

Date first published: 06/01/2022 Key sectors: commercial shipping Key risks: political violence; kidnap & ransom   Risk development Piracy incidents in the Gulf of Guinea surprisingly declined in 2021 following initial concerns of growing maritime insecurity in the region. 2021 saw the deployment of several foreign naval assets to the region as countries worldwide recognised the coast’s […]

European Union: COVID-19 protest outlook 2022

Date first published: 30/12/2021 Key sectors: media; all Key risks: civil unrest; terrorism; public health policy   Risk development In 2021 violent protests against measures designed to combat the COVID-19 pandemic erupted in dozens of European Union (EU) member states.  As 2021 draws to a close, several European countries have reported record-high daily COVID-19 cases […]

Worldwide: The world economy in 2022

Date first published: 23/12/21 Key sectors: all Key risks: COVID-19; inflation; debt   Risk development In a baseline case a continued recovery from the COVID-19 pandemic could lead global growth to expand by more than 4.5 per cent in 2022 – down from 2021 – but still ahead of 2019. There were hopes that by the end of 2022 that the global economy would have […]

Hong Kong SAR: Patriots only!

Date first published: 16/12/2021 Key sectors: all Key risks: political instability; civil unrest   Risk development The much-delayed Legislative Councils (LegCo) election is set to take place on 19 December, marking the first major election since the Chinese and local governments implemented a series of electoral changes that drastically remade Hong Kong’s political system. The […]

Russia – Ukraine: To invade or not to invade

Date first published: 13/12/2021 Key sectors: all Key risks: war on land; political instability; sanctions; trade   Risk development In the first week of November, Ukraine and United States (US) officials warned of a Russian military build-up near its border with Ukraine after it amassed a force of up to 100,000 troops in the area. The build-up […]