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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 […]

Honduras: Shift to the left

Date first published: 02/12/2021 Key sectors: all Key risks: policy uncertainty; political stability; regulatory changes   Risk development Leftist opposition candidate Xiomara Castro won the presidency and is set to end 12 years of centre-right Partido Nacional de Honduras (PNH) rule. Although the official results are still to be announced, two days after the 28 […]

Libya: Risky elections

Date first published: 30/11/2021 Key sectors: oil and gas; all Key risks: political violence; war on land; business disruption; sanctions   Risk development On 16 November Libyan National Army warlord Khalifa Haftar announced plans to run in Libya’s upcoming 24 December presidential elections. This followed a similar announcement on 14 November by Saif al-Islam al-Gaddafi, […]

China: Xi Dada

Date first published: 18/11/2021 Key sectors: all Key risks: policy uncertainty; government intervention   Risk development The Sixth Plenary Session of the 19th Central Committee of the Chinese Communist Party (CCP), also known as the ‘Sixth Plenum’, ended on 11 November, adopting a ‘historical resolution’ that sets up President Xi Jinping to rule beyond 2022 […]

Ethiopia: Crunch time

Date first published: 11/11/2021 Key sectors: all Key risks: internal conflict; political violence; political instability   Risk development  On 2 November Prime Minister Abiy Ahmed declared a state of emergency following the advancement of the Tigray Defence Forces (TDF) and the Oromo Liberation Army (OLA) further southward in Amhara region, capturing the towns of Dessie, […]

Georgia: Always polarised?

Date first published: 09/11/2021 Key sectors: all Key risks: political stability   Risk development Thousands of Georgians, spearheaded by the United Nation Movement (UNM), have joined protests in the last week, both against the 31 October mayoral elections and the imprisonment of former president and an opposition politician Mikheil Saakashvili. They alleged that the elections […]