Ones to Watch
Americas: Agreement to end two-month blockade at Peru’s Las Bambas copper mine reached Sectors: extractive industries Key Risks: force majeure; civil unrest; disruptive blockades; protests In Peru, the indigenous Fuerabamba community agreed to end a two-month blockade affecting Chinese MMG’s Las Bambas copper mine exports and production in return for economic concessions. Shipments of copper […]
Americas: Venezuela to face heightened tensions, risk of escalation Sectors: all Key Risks: political instability; military intervention; sanctions; arbitrary arrests; civil unrest In Venezuela, tensions are expected to continue to heighten as discontent over persistent massive nationwide blackouts and water shortages add weight to the ongoing unprecedented crisis. Moreover, the recent arrival of Russian […]
Americas: US pressure on Havana intensifies as lawsuits against Cuban entities allowed Sectors: all Key Risks: business disruption; diplomatic fallout; confiscation Recent US measures are set to increase bilateral tension with Cuba. On 19 March a so far never used Cuban embargo measure – Title III rule of the Helms-Burton Act – took effect. Certain […]
Americas: Guyana to miss snap election deadline, constitutional crisis looms Sectors: all Key Risks: political stability; governability In Guyana, the 21 March deadline to hold snap elections is fast approaching. The vote will not take place, heightening the risk of a constitutional crisis. On 21 December 2018 opposition leader Bharrat Jagdeo and his People’s Progressive […]
Americas: Nicaraguan opposition threatens to end dialogue absent government concessions Sectors: all Key Risks: business disruption; political instability; civil unrest; security force crackdown In Nicaragua, progress in the recently resumed negotiations between the government and the opposition will remain elusive unless President Daniel Ortega shows signs of commitment to the opposition’s demands. On 10 March […]
Americas: Petroperu’s pipeline resumes operations; Las Bambas blockades continue Sectors: mining; metals; oil and gas; Key Risks: business disruption; targeted attacks; protests In Peru, state-owned oil company Petroperu’s pipeline in Loreto region resumed operations while disruptive action against extractive industries continues. On 1 March Petroperu announced that its Norperuano pipeline had resumed operations as repairs […]
Americas: Guaido calls for “all options” to be considered to oust Venezuela’s Maduro Sectors: all Key Risks: political instability; military intervention; sanctions; arbitrary arrests; civil unrest In Venezuela, partially recognised interim president Juan Guiado called his international allies to consider “all options” to force President Nicolas Maduro from power following the deadly government-led crackdown on […]
Americas: IMF confirms formal talks with Ecuador, anti-government protests erupt Sectors: all Key Risks: default; civil unrest In Ecuador, negotiations with the IMF are set to continue amid pressing financing needs and anti-government protests. On 12 February the IMF confirmed formal talks had been launched with President Lenin Moreno’s government over a potential financial bailout. […]
Americas: Fresh wave of violent protests amid state of economic emergency hits Haiti Sectors: all Key Risks: civil unrest; political instability; business disruption In Haiti, waves of violent anti-government protests are expected to continue. At least four people have been killed since 7 February, when protests demanding President Jovenel Moise step down reignited and turned […]
Americas: Fallout from Brumadinho dam collapse to continue to hit Brazil’s Vale Sectors: mining; metals Key Risks: fines; lawsuits; credit rating downgrade; arrests In Brazil, mining giant Vale will continue to face severe fallout from the 25 January tailings dam burst at its Corrego do Feijao mine in Brumadinho, Minas Gerais. The dam’s collapse killed […]
Americas: Further anti-government unrest expected in Venezuela as pressure on Maduro mounts Sectors: all Key Risks: political instability; civil unrest; violent crackdown on dissent In Venezuela, opposition National Assembly President Juan Guaido called for anti-government demonstrations on 30 January and 2 February amid growing pressure for President Nicolas Maduro to call snap elections. Nationwide protests […]
Americas: Tensions increase following ELN car bomb attack in Colombia’s capital Sectors: oil and gas; electricity; security-force/government personnel and assets Key Risks: terrorism; targeted attacks; insurgency; kidnapping In Colombia, further National Liberation Army (ELN) activity can be expected amid rising tensions between the leftist guerrilla group and President Ivan Duque’s government following the 17 January […]
