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US/CHINA: New US position on South China Sea raises risk of naval confrontation

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A US statement on the South China Sea shifts Washington’s position to align fully with a 2016 ruling by a Hague tribunal under the UN Convention on the Law of the Sea (UNCLOS). The new US position maintains Washington’s neutrality on most disputed territorial claims but reje…   Become a member to read the rest […]

SOUTH AFRICA: Treasury loses another spending battle

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In a 15 July letter of commitment to South African Airways (SAA)’s business rescue practitioners, the ministers of finance and public enterprises committed “to mobilize funding for the short-, medium- and long-term requirements to create a viable and sustainable national airline….   Become a member to read the rest of this article

BRAZIL: Private alerts, public narratives

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The Bolsonaro government has had to face challenges from foreign private sector actors that may produce a significant change in policy. As the president recovers from Covid-19, VP Hamilton Mourao has regained notoriety by leading the discussion on the environment. Facebook…   Become a member to read the rest of this article

HONG KONG: National Security Law impact – breakdown by sector (2)

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Absent a precipitating incident such as the arrest of an employee, non-financial corporates are unlikely to exit Hong Kong en masse. But some companies may re-allocate resources within Asia, shifting non-China-specific corporate functions away from the city, while relying mo…   Become a member to read the rest of this article