Ones to Watch, 15 April 2019

Americas: Brazil’s Petrobras cancels diesel price hike amid ongoing divestment efforts Sectors: gas and oil Key Risks: political interference; business disruption In Brazil, state-owned oil company Petrobras cancelled a planned 5.7 per cent diesel price hike, causing its shares to fall by 8 per cent as uncertainty increased amongst investors over political interference in...

Ones to Watch, 8 April 2019

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...

Ones to Watch, 1 April 2019

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...

Ones to Watch, 25 March 2019

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....

Ones to Watch, 18 March 2019

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...