The PRS Group



Turkey’s Crisis Is Escalating by the Day

Political risk has increased significantly since the eruption of a corruption scandal in mid-December 2013. Triggered by the detention of more than two dozen suspects, including the sons of two Cabinet ministers on charges of graft related to questionable real estate deals, the scandal has breathed new life into a popular anti-government movement that had lost momentum following a bout of mass protests last summer.

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Mexico Struggles for Energy Reform

In the space of just 13 months, President Enrique Peña Nieto has accomplished more in terms of economic reform than his two immediate predecessors managed in 12 years. Although the so-called Pact for Mexico — the broad alliance of the president’s PRI, the conservative PAN, and the center-left PRD — is effectively a dead letter, Peña Nieto managed to obtain approval of important reforms.

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Chinese Reform: What’s Ahead

In November 2013, the top leaders of the ruling Chinese Communist Party (CCP) unveiled an ambitious roadmap for economic and social reforms to be implemented by 2020. The policy strategy hammered out by the CCP’s Central Committee is the strongest signal yet of President Xi Jinping’s commitment to replacing the existing export- and investment-focused economic model.

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Nicaragua's Ortega Plans To Stick Around

On December 10, the Nicaraguan Congress approved a package of more than three dozen changes to the constitution. President Daniel Ortega claims the reforms will lay the foundation for a system of "direct democracy." But the president's critics contend that the result will be the perpetuation of Ortega's hold on the presidency and the further concentration of political power in the executive branch.

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