El Salvador: The ‘Bukele Plan’ for democracy

Date first published: 07/08/2025 Key sectors: all Key risks: governance; democratic backsliding; political stability; gang violence Risk development On 31 July the ruling New Ideas (NI) party – which dominates the National Assembly – passed a bill with 57 votes in favour and three against, allowing indefinite presidential re-election, extending terms from five to six years and […]
Ones to Watch, 11 August 2025

Americas: Surging violence raises concerns in Ecuador after eight killed, three injured in attack Sectors: all Key Risks: gang violence; violent clashes; targeted attacks In Ecuador, on 10 August eight people were killed and three others were injured in a shooting attack by armed assailants at a nightclub in Santa Lucia, Guayas province. This came […]
Cambodia-Thailand: Family matters

Date first published: 05/08/2025 Key sectors: all Key risks: war on land; political instability; coup d’etat Risk development From 24 to 29 July 43 people were killed, 130 were injured and over 250,000 people were evacuated after the Thai and Cambodian militaries engaged in a series of clashes along the border in Surin, Buri Ram, […]
Ones to Watch, 4 August 2025

Americas: Former president Bolsonaro’s supporters protest across Brazil Sectors: all Key Risks: civil unrest; political polarisation In Brazil, on 3 August former president Jair Bolsonaro’s supporters protested in several major cities against Supreme Court Justice Alexandre de Moraes and President Luiz Inacio Lula da Silva, demanding amnesty for those involved in the alleged January 2023 […]
Colombia: Total peace to total failure?

Date first published: 24/07/2025 Key sectors: all; oil and gas Key risks: politic violence; violent clashes; economic risks; business risks; targeted attacks Risk development On 13 July the Cano Limon-Covenas Oil Pipeline was bombed by unidentified assailants in Saravena, Arauca department, prompting the suspension of pumping between oil fields in the northeast and the Caribbean […]
Ones to Watch, 28 July 2025

Americas: ELN launches third armed strike in Colombia’s Choco department Sectors: all Key Risks: violent clashes; business disruptions In Colombia, on 25 July the National Liberation Army (ELN) guerilla group launched a two-day armed strike – its third in 2025 – in Choco department, prompting a strengthening of military operations. This came as a response […]
Piracy on the rise: Southeast Asia’s shipping at risk

Date first published: 22/07/2025 Key sectors: all Key risks: business risks; business disruptions; trade disruptions; targeted attacks; kidnapping; cargo transport Risk development While global incidents of piracy and armed robbery against ships (ARAS) have generally declined in recent years, Southeast Asia has seen a marked resurgence since the beginning of 2025. The Straits of Malacca […]
Ones to Watch, 21 July 2025

Americas: Second anti-gentrification protest held in Mexico Sectors: all Key Risks: civil unrest; looting; vandalism In Mexico, on 20 July around 100 protesters marched against gentrification and the rising cost of living in Mexico City. This came after on 4 July mass protests, including looting of at least dozen stores, erupted in various working-class neighborhoods […]
Ones to Watch, 14 July 2025

Americas: Bomb attack suspends pumping on Colombia’s Cano Limo-Covenas pipeline Sectors: all; oil Key Risks: business disruptions; targeted attacks; supply chain disruption In Colombia, on 13 July the Cano Limon-Covenas Oil Pipeline – carrying 210,000 barrels of oil per day along the northern border with Venezuela – was bombed by unidentified assailants in the rural […]
Thailand: Three Shinawatra governments, three coup d’etats?

Date first published: 03/07/2025 Key sectors: all Key risks: government instability; political instability; coup d’etat Risk development On 1 July Bangkok’s Constitutional Court suspended Prime Minister Paetongtarn Shinawatra from all duties pending an ethics violation case. The case covers the contents of her phone call with former Cambodian prime minister Hun Sen, intended to de-escalate tensions after the […]
Ones to Watch, 7 July 2025

Americas: Hundreds of informal miners protest, block copper routes in Peru Sectors: all; mining Key Risks: civil unrest, disruptive unrest; violent clashes; economic risks; business risks; business disruptions In Peru, on 4 July hundreds of informal miners blocked key copper routes used by major miners MMG, Glencore and Hudbay in Chumbivilcas province. The blockades are […]
Kenya: From the frying pan into the fire

Date first published: 01/07/2025 Key sectors: all Key risks: civil unrest; disruptive unrest; political stability Risk development On 25 June at least 12 people were killed and 400 others injured in youth-led, nationwide protests across Kenya, marking the one-year anniversary of demonstrations opposing the controversial 2024 Finance Bill. Protesters took to the streets of urban centres […]