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Peru: Reshuffle

Date first published: 17/02/2022 Key sectors: all; mining; oil and gas Key risks: political stability; policy continuity; governability   Risk development Far-left President Pedro Castillo has reshuffled his cabinet four times since taking office on 28 July 2021. Most of these changes took place in recent weeks, with three prime ministers being designated in just […]

Ones to Watch, 21 February 2022

Americas: ELN announces nationwide armed strike from 23 to 26 February across Colombia Sectors: all; private, passenger and cargo transport Key Risks: armed attacks; transport/ operational disruption In Colombia, on 20 February the leftist ELN guerrilla group announced a nationwide armed strike to protest President Ivan Duque’s government. The action would be effective from 06:00 […]

India: The future of telecommunication

Date first published: 15/02/2022 Key sectors: telecommunication Key risks: public debt, private debt; slow growth   Risk development India is one of the world’s largest telecommunications markets. Its population tops 1.3 billion, the economy continues to grow and demand for mobile internet services continues to rise. Yet, despite its potential, the market has faced massive […]

Ones to Watch, 14 February 2022

Americas: Key Canada-US border crossing reopens; ‘Freedom Convoy’ protests continue Sectors: all; automotive Key Risks: business and economic risks; supply chain disruption; civil unrest  In Canada, on 13 February police cleared most ‘Freedom Convoy’ protesters from Ambassador Bridge in Windsor, Ontario province, easing a six-day blockade and reopening the border crossing accounting for 25 per […]

Myanmar: A year later

Date first published: 03/02/2022 Key sectors: all Key risks: internal conflict; civil unrest; protests; sanctions; business risks   Risk development 1 February marked the first anniversary of the coup d’état in which the military seized power hours before the newly elected parliament was set to convene on 1 February 2021. Opponents of military rule marked […]

Ones to Watch, 7 February 2022

Americas: Peru’s crisis deepens as PM’s resignation triggers second cabinet reshuffle in a week Sectors: all; mining; oil Key Risks: political stability; governability; business and economic risks In Peru, on 5 February Hector Valer resigned as prime minister after only days in the post, triggering a second cabinet reshuffle in a week. Far-left President Pedro […]

UAE: In the Huthi line of fire

Date first published: 27/01/2022 Key sectors: all; strategic infrastructure; aviation; oil and gas Key risks: war-on-land; terrorism; cross-border attacks   Risk development On 17 January the Huthi militia in Yemen attacked Abu Dhabi with a mix of cruise missiles, ballistic missiles and explosive-laden drones. The attack killed three civilians and injured another six after the […]

Ones to Watch, 31 January 2022

Americas: Costa Rica’s general elections likely to lead to presidential runoff, divided Congress Sectors: all Key Risks: political instability; policy uncertainty; governability; civil unrest In Costa Rica, highly uncertain general elections scheduled for 6 February are expected to lead to a 3 April presidential runoff. The presidential vote will be contested between a record number […]

Afghanistan – Turkmenistan: Asghabat’s dream pipeline

Date first published: 20/01/22 Key sectors: oil and gas Key risks: economic risks   Risk development On 11 January the Taliban’s Foreign Minister Amir Khan Muttaqi stated that Kabul will soon sign seven remaining agreements concerning the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, a Turkmen project which would carry 33bcm of natural gas each year from Galkynysh to the Indian […]

Ones to Watch, 24 January 2022

Americas: Honduras’s President-elect Castro challenged by congressional split Sectors: all Key Risks: political instability; policy uncertainty; civil unrest; political violence In Honduras, the stage has been set for heightened political and policy instability risks just days ahead of President-elect Xiomara Castro’s inauguration – scheduled for 27 January. On 23 January dissident lawmakers from Castro’s leftist […]

Kazakhstan: ‘Old man should go’

Date first published: 13/01/2022 Key sectors: all Key risks: political instability; civil unrest   Risk development Kazakhstan has experienced the biggest nationwide anti-regime unrest since its independence in 1991. While the protests were partially hijacked by violent groups and individuals, whose identity remain unclear, President Kassym-Jomart Tokayev responded with a large-scale crackdown on protesters. These […]

Ones to Watch, 17 January 2022

Americas: Controversy in Chile’s lithium sector set to continue after auction suspended Sectors: mining Key Risks: contract frustration; regulatory uncertainty  In Chile, on 14 January an appeals court ordered the suspension of a lithium auction as requested by the governor of Atacama region and by local indigenous communities. The ruling came just two days after […]