Japan: Let the endless arms race begin

Date first published: 27/09/2022 Key sectors: all; defence Key risks: war on land; war at sea; arms race Risk development On 31 August the Japanese Ministry of Defence (MoD) began mass production of an extended-range version of their domestically produced Type 12 Surface-to-Ship Missile (SSM), which was initially approved in 2020, in FY2022/23, citing China’s […]
Sweden: Far-right as kingmakers

Date first published: 20/09/2022 Key sectors: all Key risks: policy uncertainty; political instability; civil unrest Risk development The general election on 11 September produced a two-seat majority for the right-wing opposition bloc composed of the Moderate Party, the far-right Sweden Democrats (SD), Christian Democrats and Liberals. Although the ruling Social Democrats remained the largest […]
China: The semiconductor challenge

Date first published: 13/09/2022 Key sectors: technology Key risks: supply chain disruptions; technological disruption Risk development In early September 2022, Washington introduced new licence requirements on the export of high-end semiconductor components and machinery to Chinese companies. The move follows the United States (US) banning the sale to China of electronic design automation (EDA) […]
Libya: Lost ground

Date first published: 06/09/2022 Key sectors: oil & gas Key risks: war on land; political violence; political stability Risk development On 27 August at least 32 people were killed and 159 others were injured during clashes in Tripoli – the most significant since 2020 – between militias aligned to the Tripoli-based Government of National […]
Iran – United States: Deal or no deal?

Date first published: 30/08/2022 Key sectors: all Key risks: sanctions Risk development On 29 August Iranian President Ibrahim Raisi declared that an investigation by the International Atomic Energy Agency (IAEA) into ‘safeguards issues’ around unexplained traces of uranium found at undeclared sites must end before any agreement to revive the 2015 Joint Comprehensive Plan […]
Ones to Watch, 30 August 2022
Americas: Chileans to vote on whether to accept or reject the new constitution on 4 September Sectors: all; mining; electricity; banking Key Risks: policy continuity; political stability; political violence; regulatory changes; governability In Chile, a decisive constitutional referendum is scheduled to take place on 4 September. Voters will decide whether to accept or reject the […]
Colombia: ‘Total Peace’?

Date first published: 23/08/2022 Key sectors: all; oil and gas; electricity Key risks: terrorism; insurgency; violent crime; targeted attacks; kidnapping Risk development On 20 August leftist President Gustavo Petro announced the suspension of arrest warrants and extradition requests for the leftist National Liberation Army (ELN)’s negotiators amid fresh efforts to restart peace talks with […]
Kenya: More of the same for the presidential elections?

Date first published: 11/08/2022 Key sectors: all Key risks: policy continuity; political stability; economic; business Risk development On 9 August, Kenya held its seventh presidential election, bringing President Uhuru Kenyatta’s turbulent two terms to an end. Approximately 22.1 million people registered to cast their ballots in elections for 1,882 elective posts, including the president, […]
Ones to Watch, 15 August 2022
Americas: Paraguay faces heightened instability as corruption allegations into top officials mount Sectors: all Key Risks: political instability; corruption; sanctions In Paraguay, mounting corruption allegations against former and current top government officials risk stoking instability risks. On 12 August Vice President Hugo Velazquez announced that he would resign shortly after Washington blacklisted him for “significant […]
Russia-Ukraine: A tenuous deal

Date first published: 04/08/2022 Key sectors: agriculture; shipping; insurance Key risks: supply chain disruption; trade; business risks; sanctions Risk development On 22 July Kyiv and Moscow signed parallel UN and Ankara-brokered deals to allow Ukraine to resume grain exports from its Black Sea ports. The arrangement was immediately called into doubt on 23 July […]
Ones to Watch, 8 August 2022
Americas Political tensions remain high as Peru’s Castillo replaces ministers in another reshuffle Sectors: all Key Risks: political stability; governability; business and economic risks In Peru, on 5 August far-left President Pedro Castillo replaced six key ministers amid yet another cabinet reshuffle but refused to accept Prime Minister Anibal Torres’s resignation. Former vice economy minister […]
China-Taiwan-US: A trip to Taipei

Date first published: 02/08/2022 Key sectors: all Key risks: war on land; business risks Risk development US Speaker of the House Representatives Nancy Pelosi is set to travel to Taiwan on 2 August despite stern warnings from Beijing. The controversial visit, which would take place against the backdrop of intensifying strategic competition between China […]