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Ones to Watch, 15 January 2024

Americas: Chile’s SQM suspends lithium mining operations due to protests in Antofagasta region Sectors: mining Key Risks: civil unrest; business interruption In Chile, on 13 January SQM – the world’s second-largest lithium producer – stated that it had suspended operations at the Atacama salt flat, Antofagasta region, due to road blockades by local indigenous protesters. […]

Ones to Watch, 8 January 2024

Americas: Arevalo to take office on 14 January despite obstruction attempts in Guatemala Sectors: all Key Risks: political instability; sanctions In Guatemala, on 14 January President-elect Bernardo Arevalo is set to take office, having faced numerous challenges by the Attorney General’s Office to prevent his accession and to ban his Seed Movement party. On 8 […]

Ones to Watch, 2 January 2024

Americas: Heightened CEND risks as Pemex temporarily occupies hydrogen plant in Mexico Sectors: oil and gas Key Risks: frustration of process; CEND; business risks In Mexico, on 29 December the government decreed the immediate temporary occupation by state-owned oil firm Pemex of a hydrogen plant – operated by French company Air Liquide since 2017 – […]

Ones to Watch, 27 December 2023

Americas: Heightened protest risks in Cuba amid government plans to hike prices or cut rations Sectors: all Key Risks: civil unrest; economic In Cuba, on 22 December President Miguel Diaz-Canel’s government stated that it would have to either increase fuel and electricity prices or reduce rations for basic supplies amid a deepening economic crisis. The […]

Ones to Watch, 18 December 2023

Americas: Risk of disruptive unrest and potential clashes in Argentina on 20 December Sectors: all Key Risks: civil unrest; violent clashes; traffic disruption In Argentina, on 20 December unions and social organisations plan to protest President Javier Milei’s austerity measures in the capital Buenos Aires. On 12 December the Economy Ministry devalued the peso by […]

Ones to Watch, 11 December 2023

Americas: Chile’s second constitutional referendum to take place on 17 December Sectors: all Key Risks: policy and regulatory uncertainty; political instability; civil unrest In Chile, a second constitutional referendum is scheduled for 17 December when a new constitutional draft – the first one was rejected in 2022 by 62 per cent of votes – will […]

Ones To Watch, 4 December 2023

Americas: Canadian FQM initiates international arbitration over Cobre Panama copper mine Sectors: mining; all Key Risks: frustration of contract; international arbitration; business risks; economic In Panama, on 1 December Canadian miner FQM initiated international arbitration over a contested contract renewal with President Laurentino Cortizo’s government. On 28 November the Supreme Court unanimously ruled that the […]

Ones to Watch, 27 November 2023

Americas: Controversial referendum over Essequibo region set for 3 December in Venezuela Sectors: all; oil and gas Key Risks: external conflict; civil unrest; border tension In Venezuela, on 3 December President Nicolas Maduro’s government will hold a public referendum over the disputed oil-rich Essequibo region amid recent escalations in a long-standing territorial dispute with neighbouring […]

Ones to Watch, 20 November 2023

Americas: President-elect Noboa expected to be sworn in on 23 November in Ecuador  Sectors: all Key Risks: political uncertainty; political instability; policy continuity; governability risks  In Ecuador, on 23 November President-elect Daniel Noboa is expected to be sworn in to begin his truncated 18-month term. On 11 November legislator-elect Pierina Correa stated that the tentative […]

Ones to Watch, 13 November 2023

Americas: Unprecedented uncertainty ahead of Argentina’s 19 November presidential runoff Sectors: all Key Risks: political uncertainty; political instability; policy continuity; governability risks In Argentina, on 19 November Economy Minister Sergio Massa from the ruling Peronist Union por la Patria coalition will face far-right libertarian Javier Milei in a highly uncertain presidential runoff. Although Massa was […]

Ones to Watch, 6 November 2023

Americas: Heightened risk of violent clashes and protests in Honduras Sectors: all Key Risks: political instability; civil unrest; political violence; violent clashes In Honduras, on 1 November ruling Libre party lawmakers elected Johel Zelaya as interim Attorney General, with a committee vote where their members make up a majority – even though they represent a […]

Ones to Watch, 30 October 2023

Americas: Renewed protests likely as MS party’s legal immunity set to expire in Guatemala Sectors: all; cargo transport Key Risks: political instability; civil unrest; political violence; violent clashes In Guatemala, on 31 October the immunity from legal cases granted to President-elect Bernardo Arevalo’s Seed Movement (MS) party will expire. Any lawsuits filed against MS after […]