Insights

Dear Clients, A question I’m asked increasingly often is whether we see any real risk of increased sovereign defaults on the near-term horizon.  Much of what underlies the query rests on the now well-known precept that debt moratoria are often just as politically motivated as they are about Read Entire Entry

PRS’ coverage of the Americas this month includes an examination of the risk for business stemming from widespread unrest in Colombia and growing disenchantment with the political leadership in Brazil, as well as analysis of the mid-term election results in Mexico and the prospects for any Read Entire Entry

Dear Clients, During client calls and sometimes in conversation about the influence of political risk on investments, I’m asked about the real or measurable impact of adverse effects of politically motivated actions.  Not the esoteric stuff of the ‘talking head’ crowd about, say, the Read Entire Entry

The COVID-19 numbers have ticked upward in May, but the daily figures for both cases and deaths remain far below the peak levels reached early in the year and appear to have stabilized. With the health threat seemingly under control and a national vaccination program proceeding at a rapid pace, Read Entire Entry

Haiti is once again mired in a political crisis, with President Jovenel Moïse governing by decree in the absence of a sitting legislature, and the opposition insisting that Moïse’s mandate expired on February 7, a position supported by many legal experts. For his part, Moïse contends that his Read Entire Entry

PRS’ coverage of the Americas this month includes updates on Nicaragua and Panama, as well as fully revised reports on Guatemala, Jamaica, and Ecuador, where an ideologically diverse and fragile coalition government that took office in late May has inherited the task of reviving an already weak Read Entire Entry

It is now eight months since President Mohammed Irfaan Ali took office, ending a protracted political crisis sustained by the recognition that whoever claimed victory in last year’s election would inherit an oil-powered economic boom and a massive financial windfall, both of which would position Read Entire Entry

Dear Clients, The distinction between political risk in developed versus emerging or frontier markets began to blur some two decades ago (arguably with 9-11) and has become even less marked over the past decade with such events as the Brexit vote and the election of Donald Trump in the US.  As Read Entire Entry

The success or failure of Prime Minister Mario Draghi’s post-pandemic recovery plan will have a significant impact on political and economic stability over the medium term. Backed by EU loans and grants from the bloc’s recovery fund, the $315 billion blueprint for restarting the economy targets Read Entire Entry

PRS’ coverage of the Americas this month includes updates on Haiti and Trinidad & Tobago, and a fully revised report on the Dominican Republic, where President Luis Abinader is encountering obstacles to fulfilling some of the campaign pledges that enabled his Modern Revolutionary Party (PRM) Read Entire Entry