Category: Quarterly Update
-

2026 at Midpoint: Turning Point, or Collision Course?
The first six months of 2026 have not been a slow build. They have been a rupture. The defining event of H1 2026 is the Iran war. The conflict that began on 28 February has triggered a chain of consequences with reverberating effects across the region and the globe. Three months on, there is no…
-

Q1 2026: The Quarter That Rewrote the Risk Map
Q1 2026 did not ease in gently. The first three months of the year delivered a sequence of shocks that would have been considered unthinkable in any previous year, but increasingly looks like the new normal. On 3 January, US forces arrested Venezuelan President Nicolás Maduro following airstrikes on military sites in Caracas, upending the…