Tag: Political Risk

Turkey’s economic growth slowed in the third quarter from weakened demand, high interest rates, inflation and tighter government policies.

The death of President Ebrahim Raisi in a helicopter crash in late May has brought added uncertainty to a political climate already troubled by a combustible mixture of simmering domestic discontent, escalating tensions with Israel and its allies (including the U.S.), and the potential for a destabilizing battle to choose a successor to Ayatollah Ali Khamenei, whose advanced age and faltering health suggest that a handover of power is likely to become necessary sooner rather than later. Raisi had been among the top contenders to replace Khamenei, along with the supreme leader’s son, Ayatoll…

With Donald Trump’s victory in the 2024 U.S. presidential election, credit managers are facing a new political landscape that will directly influence the economy and credit risk management.

Nicaragua is dealing with a long period of slow economic growth. From natural disasters, fluctuations in food and oil prices, economic downturns in key trading partners and tighter financial conditions.

The Basic Law that has served as a de facto constitution for Hong Kong since its transfer from British to Chinese rule in July 1997 established a quasi-liberal political order, an arrangement endorsed by the Chinese legislature in 1990 and overtly acknowledged by Beijing through Hong Kong’s designation as a special administrative region (SAR) of China under the so-called “one country, two systems” model. However, encroachment by the Communist Party regime in Beijing has undermined the “special” characteristics differentiating Hong Kong from the mainland—adherence to the rule of law, protect…

The Israel-Hamas war appears to be no closer to ending more than one year after it began. Israel has intensified its military actions since the Hamas’ attack on Oct. 7, 2023. Hamas confirmed on Friday that its leader, Yahya Sinwar, was killed by Israeli forces in Gaza.

While the outcome of the election, and which party is in control of the House, Senate and Presidency, is justifiably the main focus of the general public, for Washington insiders, there is a critical election coming up later in November that will have almost as much impact—who will replace Mitch McConnell as the next leader of the Senate GOP. Three Senators are actively running for the position: John Thune (SD), John Cornyn (TX) and Rick Scott (FL).

When Prime Minister Fumio Kishida took office in October 2021, he promised to rebuild Japan’s economy through a strategy he dubbed, “New Capitalism.” Kishida would quickly change course on his economic plan, which included redistribution at its core in an effort to reduce social inequities. As he stepped down three years later, the changes he brought to the economy seem to pale in comparison to this outsized promise.

What a rollercoaster. Now that we have a new Democratic nominee for the presidential race, along with both vice president picks, we’re expecting to see the race to settle a bit over the next few weeks. Congress will come back from the August recess in mid-September to pass a government funding bill, most likely a Continuing Resolution, either through December or early next year, just to get through the election.