Americas: Chile’s highly uncertain general elections likely to lead to presidential runoff Sectors: all Key Risks: political instability; policy uncertainty; governability; civil unrest In Chile, highly uncertain general elections scheduled for 21 November are expected to lead to a 19 December presidential runoff potentially between far-right former congressman Antonio Kast and leftist lawyer Gabriel Boric. […]
Americas: Vitol facing corruption-related fallout in Mexico, Ecuador, Brazil amid US probe Sectors: oil and gas Key Risks: frustration of process, contract reviews; business risks; fines In Latin America, Swiss-based commodities trading firm Vitol is facing mounting corruption-related fallout amid a US investigation into bribery schemes in Brazil, Ecuador and Mexico. On 3 December Vitol […]
Americas: Braskem-Idesa mulls legal action against Mexico over suspended gas contract Sectors: petrochemicals; hydrocarbons Key Risks: FoP; contract reviews; business risks In Mexico, the Braskem-Idesa consortium is reportedly considering taking legal action over a recent gas supply contract suspension should negotiations with the government of President Andres Manuel Lopez Obrador (AMLO) not result in a […]
Americas: Bolivia’s general election rerun to be held on 3 May Sectors: all Key Risks: political stability; policy continuity; violent unrest In Bolivia, the Supreme Electoral Court (TSE) has set 3 May as the date for a presidential and parliamentary election rerun. Former president Evo Morales’s left-wing Movement for Socialism (MAS) party will reportedly announce […]
