Ones to Watch
Americas: Canada’s CP Rail halts operations amid strike, supply chain disruption looms Sectors: all; rail transport; agriculture; manufacturing Key Risks: business and economic risks; supply chain disruption; civil unrest In Canada, on 20 March Canadian Pacific Railway (CP) halted operations and locked out employees after talks with the Teamsters Canada Rail Conference (TCRC) union failed […]
Americas: Colombia’s presidential primary and legislative elections signal likely shift to the left Sectors: all Key Risks: policy uncertainty; political stability; business and economic risks In Colombia, leftist Senator and former guerrilla Gustavo Petro overwhelmingly won the primary vote of the left-wing Historic Pact coalition, strengthening the possibility of a historic shift to the left […]
Americas: Chile’s far-left Gabriel Boric takes office on 11 March, orderly transition expected Sectors: all Key Risks: policy uncertainty; political stability; business risks; civil unrest In Chile, an orderly transition of power is expected on 11 March when far-left President-elect Gabriel Boric is set to take office. While the stock and currency markets plunged following […]
Americas: Shareholders approve privatisation of Brazil’s Eletrobras, process still at risk Sectors: power; electricity Key Risks: business risks; legal challenges; asset sale delays; policy uncertainty In Brazil, on 22 February the shareholders of state-owned power utility Eletrobras reportedly approved the terms for the firm’s privatisation, another key milestone for the long-delayed process. The news came […]
Americas: ELN announces nationwide armed strike from 23 to 26 February across Colombia Sectors: all; private, passenger and cargo transport Key Risks: armed attacks; transport/ operational disruption In Colombia, on 20 February the leftist ELN guerrilla group announced a nationwide armed strike to protest President Ivan Duque’s government. The action would be effective from 06:00 […]
Americas: Key Canada-US border crossing reopens; ‘Freedom Convoy’ protests continue Sectors: all; automotive Key Risks: business and economic risks; supply chain disruption; civil unrest In Canada, on 13 February police cleared most ‘Freedom Convoy’ protesters from Ambassador Bridge in Windsor, Ontario province, easing a six-day blockade and reopening the border crossing accounting for 25 per […]
Americas: Peru’s crisis deepens as PM’s resignation triggers second cabinet reshuffle in a week Sectors: all; mining; oil Key Risks: political stability; governability; business and economic risks In Peru, on 5 February Hector Valer resigned as prime minister after only days in the post, triggering a second cabinet reshuffle in a week. Far-left President Pedro […]
Americas: Costa Rica’s general elections likely to lead to presidential runoff, divided Congress Sectors: all Key Risks: political instability; policy uncertainty; governability; civil unrest In Costa Rica, highly uncertain general elections scheduled for 6 February are expected to lead to a 3 April presidential runoff. The presidential vote will be contested between a record number […]
Americas: Honduras’s President-elect Castro challenged by congressional split Sectors: all Key Risks: political instability; policy uncertainty; civil unrest; political violence In Honduras, the stage has been set for heightened political and policy instability risks just days ahead of President-elect Xiomara Castro’s inauguration – scheduled for 27 January. On 23 January dissident lawmakers from Castro’s leftist […]
Americas: Controversy in Chile’s lithium sector set to continue after auction suspended Sectors: mining Key Risks: contract frustration; regulatory uncertainty In Chile, on 14 January an appeals court ordered the suspension of a lithium auction as requested by the governor of Atacama region and by local indigenous communities. The ruling came just two days after […]
Americas: Brazil’s Petrobras set to finalise Braskem stake sale in February, delays still possible Sectors: oil and gas; petrochemicals Key Risks: business risks; asset sale delays In Brazil, on 7 January state-owned oil company Petrobras announced plans to complete the sale of its 36.1 per cent stake in petrochemical firm Braskem in February, although further […]
Americas: Prime Minister’s assassination attempt highlights Haiti’s deepening instability risks Sectors: all; cargo transport; retail; overland travel Key Risks: political instability; targeted attacks; gang-related violence; disruptive unrest In Haiti, political instability and rampant gang-related violence will remain extremely high risks in 2022, as demonstrated by the assassination attempt on Prime Minister Ariel Henry on 1 […]
