Political Risk Outlook 2020 – “The dramatic surge in protests in 2019 has swept up a quarter of countries in its tide and sent unprepared governments across all continents reeling. According to our latest data and forecasts, the turmoil is set to continue unabated in 2020. Our quarterly Civil Unrest Index reveals that over the past year 47 jurisdictions have witnessed a significant uptick in protests, which intensified during the last quarter of 2019. This includes locations as diverse as Hong Kong, Chile, Nigeria, Sudan, Haiti and Lebanon…The number of countries rated extreme risk in the Civil Unrest Index has also jumped by 66.7%; from 12 in 2019 to 20 by early 2020. Countries dropping into this category include Ethiopia, India, Lebanon, Nigeria, Pakistan and Zimbabwe. Sudan, meanwhile, has overtaken Yemen to become the highest risk country globally. An ‘extreme risk’ rating in the index, which measures the risks to business, reflects the highest possible threat of transport disruption, damage to company assets and physical risks to employees from violent unrest. Most sectors, ranging across mining, energy, tourism, retail and financial services, have felt the impacts over the past year. The resulting disruption to business, national economies and investment worldwide has totalled in the billions of US dollars. In Chile, the first month of unrest alone caused an estimated USD4.6 billion worth of infrastructure damage, and cost the Chilean economy around USD3 billion, or 1.1% of its GDP…”