Ones to Watch, 19 August 2019

Americas: Argentina to face further financial turmoil as crisis intensifies Sectors: all Key Risks: economic risks; political instability; policy continuity In Argentina, further financial turmoil is expected in the lead up to and after the upcoming 27 October general elections in which President Mauricio Macri seems increasingly unlikely to be re-elected. On 17 August...

Ones to Watch, 12 August 2019

Americas: Southern Copper’s Tia Maria project licence suspended due to protests in Peru Sectors: oil & gas Key Risks: business disruption; frustration of process; civil unrest In Peru, the government of President Martin Vizcarra suspended the recently issued construction permit for Southern Copper’s Tia Maria copper mining project after weeks of violent anti-mining protests in...

Ones to Watch, 5 August 2019

Americas: President Macri expected to come second in Argentina’s 11 August primary elections Sectors: all Key Risks: policy continuity; political stability; economic reforms In Argentina, the 11 August ‘PASO’ primary elections will provide the first major temperature check ahead of the upcoming October general election, expected to be highly contested between centre-right President Mauricio Macri...

Ones to Watch, 29 July 2019

Americas: Bilateral US-Venezuela tensions to remain high despite Chevron’s license renewal Sectors: oil and gas Key Risks: business risks; expropriation; sanctions In Venezuela, the three-month extension to Chevron’s license to continue operating its four joint ventures on Venezuelan oil temporarily dispelled fears of an expropriation of its assets amid heightened bilateral tensions and sanctions. On 26 July the...

Ones to Watch, 22 July 2019

Americas: Puerto Rico to face further protests, heightened political instability risks Sectors: all Key Risks: civil unrest; protests; political stability In Puerto Rico, Governor Ricardo Rossello remains defiant to massive protests calling for his resignation over the so called ‘chatgate’ scandal. On 21 July Rossello announced he would not seek re-election in 2020 and resigned as president of the ruling New Progressive...