Mexico, Argentina, Brazil ranks among 21 countries at risk for extreme public unrest
Latin American region is one of the most volatile regions in the world. The region is in turmoil for many years. Stretching from Colombian Civil War to recent political turbulence in Brazil, the region is suffering from public turmoil. Latin region was hit hard due to the turmoil in terms of economic prospect. Countries are losing billions of dollars and the companies are also finding it hard to operate under these kinds of circumstances. Recently, Verisk Maplecroft has released the list of Civil Unrest Index (CUI).
Maplecroft reported that the Latin American countries, Mexico, Argentina and Brazil are at the risk for extreme public unrest. Mexico ranks 7th, Argentina placed at 15th and Brazil at 21st in the rank.
The ranking of 198 countries measures triggers for unrest: the frequency and severity of mass demonstrations and protests: the effects on business; and the mechanisms in place to avert disruption reports, Maplecroft.
France tops the rank among western countries with Greece at 25th and Italy at 77th spot. France has a long history and culture of political protest while Italy and Greece are under financial crisis since a long time and under political turmoil too especially Greece.
Currently, Another Latin country Venezuela is facing a huge political turmoil. Venezuelans are demanding the president Maduro's resignation. According to The Telegraph, People are protesting on the streets of Caracas. The Fransico Farjardo highway is also shut down by the authorities. Brazilians has protested against the billions of dollars of spending on Olympic Games.
In 2014, The Economist has called Mexico, Argentina and Brazil high risk social unstable countries. These often lead to protests and shutdowns making these countries a difficult place the business.
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