20 May 2020
Short-term political risk and commercial risk: Further downgrades due to global recession induced by covid-19 pandemic
As the covid-19 health and economic shock further deteriorates countries’ external liquidity and the business environment on a world scale, ...
Bosnia and Herzegovina
Cyprus (Greek) (South)
St.Kitts and Nevis
01 Apr 2020
Commercial risk: Various downgrades amid sharp deterioration of economic activity
Since it was publicly revealed by China that a new virus was affecting its population (around 20 January), the contamination has rapidly spread to ...
15 May 2019
Thailand: The preservation of the military’s power despite electoral defeat will not guarantee political stability
On 24 March, Thailand held its – frequently delayed – first elections since the 2014 military coup. With no surprise, the army will keep ...
Thailand: On a buoyant economic and political wave
Since the military coup of May 2014, political stability has been restored and should be maintained after the next general elections, which might be ...
11 Dec 2017
Short-term political risk, December 2017
In the framework of its regular review of short-term (ST) political risk classifications, Credendo has upgraded three countries (Azerbaijan, ...
Congo, Dem. Rep.
Trinidad and Tobago
04 May 2017
Thailand: The new king enhances his position during the political transition
Since the death of Thailand’s king Bhumibol Adulyadej last October, the accession to the throne for his son Vajiralongkorn has been smooth ...
14 Nov 2016
Thailand: Upgrade from 4 to 3
Thailand’s external liquidity is further strengthening this year through increasing foreign exchange reserves on the back of slightly improved ...
02 Nov 2016
Thailand: Smooth succession likely after the monarch’s death, long term uncertainty remains
King Bhumibol Adulyadej of Thailand, the world’s longest-reigning leader, has passed away at the age of 88 after 70 years on the throne. PM ...
01 Sep 2016
Thailand: Referendum approval on new Constitution strengthens the military
Around 60% of Thai voters have approved the military’s draft Constitution and the Senate appointing the PM after a peaceful referendum with ...
01 Mar 2016
Thailand: Military will remain politically influential after 2017 elections
Next legislative elections are planned in July 2017 whatever the results of the constitutional referendum expected this summer. The ...
04 May 2015
Draft new constitution curtails democracy, potentially fuelling future instability
Almost one year after the latest military coup and a few days after the lifting of martial law, the new Constitution draft confirms fears of ...
01 Feb 2015
Army hits Shinawatra clan again as ousted PM is banned from politics
A large majority of the military-dominated Parliament has voted former PM Yingluck Shinawatra’s impeachment and 5-year ban from politics. She ...