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Global Newsletter & Insights Series
On June 23, weeks of turmoil for the government came to a head with two crushing by-election losses. With the PM’s standing already significantly weakened after 41% of his MPs voted to remove him in a no-confidence vote two weeks ago, Boris Johnson’s position looks increasingly shaky. The Tories now…
The world is facing an unprecedented level of humanitarian emergencies. While the ongoing conflict in Ukraine has precipitated a humanitarian tragedy and threatens future global food security, the situation is increasingly worsened by natural disasters fueled by climate change and environmental degradation. At this pivotal time, global leaders are uniquely…
On May 25th, the SEC proposed two rules that seek to provide the market with greater clarity on how funds incorporate ESG factors into their investment activities. While the SEC’s proposed rules are directed at investment companies and mutual funds, other companies are likely to be impacted as well. The…
Tensions are rising between Russia and the West in the Baltic region. Ukraine will be granted EU candidate status. Markets will react to Colombia’s presidential election result. Germany is racing to increase gas reserves amid a Russian supply squeeze. Ethiopia peace talks are in the offing. Meanwhile, electoral campaigning begins…
The coalition of parties supporting President Emmanuel Macron won the legislative elections on 19 June but fell 43 seats short of an absolute majority (289 MPs) in the 577-seat National Assembly. The center-right Republicans (LR), which obtained 64 seats, are strongly divided on whether to support the government. If Macron…
Our bi-weekly spotlight explores key ESG-related market developments and their implications for corporates and investors. ESG in the News A record number of environmental and social investor proposals were filed this annual-general-meeting season – both in absolute numbers and those making it to a vote. By May 16, according to data compiled…
Teneo Asia hosted a webinar entitled “ESG in the C-suite: Future-proofing Companies Through Corporate Governance.” Panelists explored how regulators, exchanges and companies across Asia are advancing corporate governance to help support their ESG agendas and their wider business goals. During the session, Kelly Lee, Vice President, Policy and Secretariat Services,…
The coalition of parties supporting President Emmanuel Macron (Together), and the left-wing New Ecologic and Social People's Union (NUPES) led by radical-left politician Jean-Luc Melenchon both obtained around 25.5% of the vote in the first round of the legislative election that took place on 12 June. While forecasting the final…
Discussions continue about Ukraine’s path towards EU candidate status. A new Covid outbreak in Beijing is being closely monitored by Chinese authorities. France’s president might not win a comfortable majority for his alliance of parties in the legislative elections. Calls for the resignation of South Africa’s president are premature. Meanwhile,…
Parliament has decided to restart discussions of the stalled new and renewable energy bill (RUU EBT), with approval possible by the end of October, just ahead of the G20 summit in Bali. The draft bill provides fiscal incentives and state support, possibly including government guarantees, for the development of both…
The outcome of tonight’s Conservative confidence vote in Boris Johnson is neither enough to end his premiership, nor for the PM to feel safe in his job going forward. 211 Tory MPs voted in favor of Johnson, 148 voted against him. Under current Conservative Party rules, Johnson cannot be challenged…
This week, Mexico’s Andres Manuel Lopez Obrador (AMLO) has moved one step closer to ensuring his National Regeneration Movement (Morena) party retains the presidency in 2024. In Colombia, with under a fortnight to go before the run-off presidential vote, the populist candidate Rodolfo Hernandez appears to have shut the door…
