AKE Ones to Watch: 22 May 2017

Americas: embattled President Temer fights for survival Sectors: all Key Risks: political instability; civil unrest; corruption fallout In Brazil, President Michel Temer appears determined to fight for his political survival after fresh bribery allegations made public on 17 May put his presidency at the verge of collapse. Since then, several impeachment requests have been...

Moon’s rise turns tide against chaebol

Date first published: 09/05/2017 Key sectors: all Key risks: reform; political gridlock On 9 May liberal candidate Moon Jae-in emerged victor in South Korea’s presidential election with 41 per cent of the vote – the highest margin of victory in any South Korean presidential election. Moon lost by around a million votes to Park Geun-hye back in 2012, but...

Eastern Caribbean: A successful monetary union?

Date first published: 02/05/2017 Key sectors: all Key risks: slow growth; sovereign default There is a story, perhaps apocryphal, that before the establishment of the European Monetary Union (EMU), representatives from the European Central Bank travelled to Basseterre, the capital of St Kitts and Nevis. The trip to the tropical capital was to help them...

Further into chaos

Date first published: 27/04/2017 Key sectors: all Key risks: violent unrest; looting; deadly clashes; deadly clashes Violence has once again erupted in crisis-ridden Venezuela. At least 29 people have been killed since the pro-government Supreme Court of Justice (TSJ) ruled on 29 March to take over the legislative powers of the opposition-led National Assembly (NA). Unprecedented regional...

Will France’s two-round electoral system fail?

Date first published: 20/04/2017 Key sectors: all Key risks: political stability The outcome of France’s upcoming 28 April first-round presidential election will likely be very tight, with all the first four contenders having significant changes of reaching the run-off. Far-left candidate Jean-Luc Melenchon has surged dramatically in polls in recent weeks, raising the real possibility of...