MNI POLITICAL RISK ANALYSIS-Week Ahead 12-18 December

All timings subject to change.

Monday 12 December:

• G7: Leaders from the G7 group of industrialised nations set to hold a video call at 1000ET/1500GMT/1600CET to discuss the prospect of additional sanctions on Russia and Iran, as well as boosting military aid and weapons provisions to Ukraine. German Chancellor Olaf Scholz – in his position as holding the G7 presidency in 2022 – will hold a press conference after the call at 1130ET/1630GMT/1730CET.
• European Union:Foreign Affairs Council meeting takes place, starting at 1300CET and with a presser scheduled for 1800CET. Main topic of discussion for foreign ministers being the war in Ukraine and the ongoing crackdown on protestors in Iran as well as Iran’s provision of drones to Moscow for use in the invasion of Ukraine. Russia and Iran hawks pushing for an escalation of sanctions.
• United Kingdom:A major week of industrial action across the UK gets underway. Hundreds of thousands of workers on the railways, the postal service, the National Highways agency, the civil service, at airports, the ambulance service, the Border Force, the energy sector, and for the first time ever nurses are set to go on strike on various days over pay and working conditions. The situation is placing significant pressure on PM Rishi Sunak and his Conservative government, but tight government finances mean significant pay offers unlikely, potentially prolonging the strike period.

MNI POLITICAL RISK ANALYSIS-Week Ahead 12-18 December.pdf