In this edition of the Global Risk Bulletin we look at what Recep Tayyip Erdoğan’s win in the presidential election means for Turkey’s future, assess the prospects for unrest and violence in Pakistan in the context of former Prime Minister Imran Khan’s legal challenges, and analyse the impacts of recent strike actions in the UK.
Erdoğan re-elected: New promises, old challenges
While pollsters initially predicted a tight presidential race in Turkey, or even the ousting of sitting President Recep Tayyip Erdoğan, in the end Erdoğan prevailed comfortably in the run-off poll to retain office. However, he remains in charge of a country marred by economic stagnation, growing domestic dissatisfaction, and a challenging foreign policy environment.
The perfect storm: Pakistan’s crises converge
Pakistan is facing dual challenges in a looming economic crisis overlayed by political tensions between the military-backed ruling coalition and former Prime Minister Imran Khan’s opposition party. Khan’s legal troubles, including his recent arrest on corruption charges, has spurred widespread protests in the country. As the October elections draw nearer, the deep divisions within Pakistani society look ever more likely to drive further unrest and violence.
Discontent for all seasons: Will UK public sector strikes threaten commercial stability?
Public sector strikes since June 2022 continue to affect several sectors in the UK, with knock-on impacts across the economy. The sitting government will likely have to contend with further strike action in the coming months, amid an already sluggish economy and public sentiment broadly supportive of striking workers. These may prove critical themes in the 2025 general election.
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