In this edition of the Global Risk Bulletin, we delve into the global drivers of unrest; from lingering socio-economic repercussions of the Covid-19 pandemic to rising energy prices, governments everywhere are facing growing protests. Then, we look at Libya’s latest political crisis and how oil remains a useful bargaining chip in domestic political powerplays. Finally, across the border, we examine the catalysts for a new round of anti-government action in Tunisia.
Breaking the Bank: Rising living costs, fuel, global unrest and political instability
Governments continue to face destabilising protests brought on by the economic impact of the Covid-19 pandemic, and the ongoing global ramifications of the Russia-Ukraine conflict. Now, governments across the globe are facing intensifying protest action.

Oil: The price of Libya’s transactional politics
With Libya once more divided between two governments, control over oil assets as a means to push rival political agendas means that protracted disruptions to oil exports are inevitable unless long- term stability is achieved.

Tunisia after the referendum: Another crisis on the horizon?
While a divided opposition and weakened civil society have kept unrest at bay, President Kais Saied’s waning popularity and the country’s deep socioeconomic challenges have the potential to drive renewed unrest in the country.