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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 […]

Sudan: One step forward, two steps back

Date first published: 02/11/2021 Key sectors: all Key risks: political instability; civil unrest   Risk development  On 25 October General Abdel Fattah al-Burhan launched a military coup in the capital Khartoum in which Prime Minister Abdalla Hamdok and several of his ministers were arrested, the military-civilian Sovereign Council government was dissolved and a state of […]

Mexico: Refining unrest

Date first published: 26/10/2021 Key sectors:all; oil and gas; cargo transport Key risks:civil unrest; business disruption; interruption   Risk development Several recent incidents of disruptive unrest have proven to be stark reminders of the high potential for such events to inflict a significant negative economic impact on key sectors. In October labour grievances and opposition […]

Worldwide: Central Bank Digital Currency

Date first published: 19/10/2021 Key sectors: finance Key risks: bank runs, monetary policy   Risk development 81 countries representing over 90 per cent of global gross domestic product (GDP) are either researching or looking to launch their own central bank digital currencies (CBDCs). 15 countries, including China, South Korea, and Sweden are running pilot CBDC […]

China: Feeling the crunch

Date: 07/10/2021 Key sectors: various Key risks: volatility; supply chain disruptions; social discontent   Risk development Over the last month, householders and factories across at least 19 Chinese provinces experienced some form of power curbs and power rationing. In some parts of the country, large manufacturers and power consumers had their power disconnected entirely for […]

Germany: Choose your colours

Date first published: 30/09/2021 Key sectors: all Key risks: political stability; policy uncertainty; business; economy   Risk Development The German federal elections held on 26 September produced a fragmented Bundestag. The centre-left Social Democrats (SPD) secured a narrow victory with 25.7 per cent, defeating the ruling CDU/CSU conservative bloc which attained a historic low of […]

Worldwide: Global inflation

Date first published: 28/09/2021 Key sectors: all Key risks: terrorism; border conflicts   Risk development For the first time in decades, inflation is a risk to the global economic outlook. Inflation in the G-20 is forecast to increase to 3.7 per cent this year, increasing to 3.9 per cent in 2022. By historical standards, inflation […]

Southeast Asia: The Taliban victory and a heightened risk of terror

Date first published: 21/09/2021 Key sectors: various Key risks:terrorism   Risk development The Taliban victory in Afghanistan has raised fears of a revival of Islamist terrorism across Southeast Asia. These fears appear to be justified. On 20 August, Indonesian police announced they had foiled an unspecified terrorist attack due to occur on 17 August, the country’s […]

Guinea (Conakry): President Conde ousted in Conakry coup

Date first published: 14/09/2021 Key sectors: all; mining Key risks: political instability; policy uncertainty; civil unrest   Risk development  On 5 September President Alpha Conde was detained by members of the country’s special forces led by Colonel MamadyDoumbouya after an exchange of heavy gunfire outside the Presidential Palace in the capital Conakry. Doumbouya’s newly established […]