MNI POLTICAL RISK ANALYSIS: 2022 Political Event Calendar

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MNI POLTICAL RISK ANALYSIS: 2022 Political Event Calendar
MNI POLTICAL RISK ANALYSIS: 2022 Political Event Calendar
by Tom Lake and Adam Burrowes

                  Country/
    Date                             Event Type                                                           Further Information
                Organisation
                                                                           January

                                                                Germany takes over presidency of the G7 from the United Kingdom. France takes over
   01-Jan          Global             Transition
                                                                          presidency of the Council of the European Union from Slovenia.
                                                               Several grace periods regarding the trade in goods between the United Kingdom and the
                   United                                       European Union comes to an end, with customs checks implemented as well as checks
   01-Jan    Kingdom/European      Political Event              on sanitary and phytosanitary standards of agricultural products. The UK has chosen to
                   Union                                        delay checks on goods arriving from the Republic of Ireland as ‘a show of good faith’ as
                                                                           UK and EU seek a deal over the disputed Northern Ireland protocol.
                                                               Members of Parliament and regional representatives set to elect a president to take over
                                                                from the retiring Sergio Mattarella. Moderate politicians are pressuring Mattarella (80) to
                                                                  recant his retirement and stay in office until the next legislative election in 2023, when
   04-Jan            Italy      Presidential Election
                                                                  incumbent PM Mario Draghi would be favourite to take over. The Italian presidency is
                                                               largely ceremonial, however Mattarella's calming actions in recent years have been seen
                                                                                     as key in avoiding political collapse and gridlock.
                                                                   MEPs vote for the next European Parliament president to serve a 2.5-year term.
                                                                 Incumbent President David Sassoli, from Italy's PD sitting within the centre-left S&D
   17-Jan      European Union   Leadership Election             group, has said he will not stand again. This clears the way for Maltese MEP Roberta
                                                               Metsola, from the centre-right EPP, to win with the support of the main pro-EU groups in
                                                                                                      parliament.

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Centre-right Christian Democratic Union (CDU) holds party congress to officially elect
                                                          Friedrich Merz as new party leader. Conservative Merz is likely to take the party in a more
21-Jan       Germany           Party Election
                                                          rightwards political direction than had been the case for 16 years under former Chancellor
                                                                                                      Angela Merkel.
                                                           Snap general election. PM Antonio Costa's centre-left Socialists are favourite to retain a
                                                               plurality. If the party falls short of a majority, an alliance with the main centre-right
30-Jan        Portugal      Legislative Election            opposition Social Democrats could be the most likely outcome. Reformation of previous
                                                           government with far-left Left Bloc and Unitary Democratic Coalition unlikely following the
                                                                falling out over the 2022 budget that resulted in the snap election being called.
                                                                      February
                                                          State elections take place in five Indian states; Uttar Pradesh, Punjab, Manipur, Goa, and
                                                              Uttarkhand. Includes Uttar Pradesh, India's most populous state with over 200mn
                                                          inhabitants. This state election alone is the sixth-biggest democratic exercise worldwide,
Feb-Mar        India           State Elections             behind only national elections in India, the US, Indonesia, Pakistan, Brazil, and Nigeria.
                                                          PM Modi's BJP currently govern in four of the five states (Punjab the exception). Polls will
                                                            be viewed as something of a referendum on Modi's leadership over the course of the
                                                                       COVID-19 pandemic and in wake of farmer protests in 2020/21.
February     Singapore          Fiscal Event                           Finance Minister Lawrence Wong set to present the 2022 Budet.
01-Feb         India            Fiscal Event                   Finance Minister Nirmala Sitharaman set to present the FY2022/23 Union Budget.
                                                             2022 Winter Olympic Games open in Beijing, China. Continue to 20 February. The
                                                             Games have become a major political touchpoint, with a number of Western nations
04-Feb         Global          Sporting Event
                                                            announcing explicit or implicit diplomatic boycotts of the event due to alleged Chinese
                                                                                              human rights abuses.
                                                           Queen Elizabeth II set to celebrate her Platinum Jubilee, having sat on the throne for 70
06-Feb     United Kingdom            Other
                                                                           years. No other British monarch has reigned for this long.
                                                           The Federal Convention, formed by the members of the Bundestag and Bundesrat, will
13-Feb       Germany        Presidential Election
                                                             elect the next president. Incumbent President Frank-Walter Steinmeier, hailing from

                                                                                                                                              2
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incoming chancellor Olaf Scholz's Social Democratic Party, is running for a second term
                                                               and is not likely to face a stiff challenge for the largely ceremonial office.
                                                       Sixth European Union-African Union summit takes place in Brussels, Belgium. Continues
17-Feb     EU-AU               Summit                   through to 18 Feb. The event was initially scheduled to take place in October 2020 but
                                                                                    was delayed due to the pandemic.
                                                                    March
March                                                 Arab League summit set to take place in Algiers, Algeria. This is set to be the first summit
           MENA                Summit
(TBD)                                                               to take place since the Tunis summit held in March 2019.
                                                          President Moon Jae-in's single five-year term in office concludes, with his centre-left
                                                          Democratic Party putting up former Gyeonggi Province governor Lee Jae-myung up
                                                          against conservative People Power Party candidate, former prosecutor general Yoon
09-Mar   South Korea    Presidential Election             Seok-youl. Cost and availability of housing likely to be the major issue in the election
                                                       campaign, which has been marked by bitter exchanges between candidates. Yoon seen
                                                        as an early favourite. His party takes a more hawkish stance on North Korea and China
                                                                              than the incumbent Moon's Democratic Party.
                                                         Elections to the 171-member House of Representatives and 108-member Senate take
                                                          place. Comes two months ahead of the presidential election. The composition of the
13-Mar    Colombia     Parliamentary Election           parliament elected in March could prove an important indicator of voter sentiment going
                                                       into the presidential vote, with left-wing populist candidate Gustavo Petro already rattling
                                                                                      market sentiment in Colombia.
                                                         Regional election could take on new importance as South Australia is set to be the final
                                                       state election before the federal election due by September. Incumbent minority Liberals
19-Mar    Australia        State Election
                                                        looking to win an additional two seats that would give the party an overall majority in the
                                                                                         House of Representatives.

                                                                                                                                         3
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First European Council leaders' summit of 2022 takes place in Brussels, Belgium.
24-Mar   European Union          Summit
                                                                                         Continues to 25 March.

                                                           1,500-strong Election Committee to vote on the next Chief Executive of Hong Kong.
                                                          Incumbent Carrie Lam is eligible to run for a second term. The Election Committee is
                            Chief Executive                formed of pro-Beijing representatives from business, society groups, the Legislative
27-Mar     Hong Kong
                               Election                 Council, and the National People's Congress. This will be the first chief executive election
                                                           since the National Security law was imposed on Hong Kong in 2019 that phased out
                                                                                 many of Hong Kong's democratic freedoms.
                                                           Election to the Landtag of Germany's smallest non-city state, Saarland. The current
                                                         government is a 'grand coalition' of the CDU and SPD. While only a small state, this will
27-Mar      Germany          State Election               be the first state-level electoral contest in Germany since the Scholz government took
                                                        office, and therefore will be closely monitored for signs of public support or opposition to
                                                                                    the government's first months in office.
29-Mar      Australia         Fiscal Event                           Treasurer Josh Frydenberg is set to present the 2022 Federal Budget

                                                                       April

                                                            President Aleksandar Vucic is eligible to run for a second term in office and is the
                                                        overwhelming favourite to win the presidency. His populist Serbian Progressive Party-led
03-Apr       Serbia         General Election            coalition also remains likely to hold onto its substantial majority in the National Assembly.
                                                        A continuation of the Vucic presidency means Serbia's long-standing foreign policy stance
                                                            of courting both European and Russian favour could continue well into the 2020s.

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First round of the presidential election take place. Numerous candidates will contest the
                                                           vote, and in the likely scenario that no single candidate wins 50%+1 of the vote the two
                                                         highest placed candidates go through to a second round. Incumbent President Emmanuel
10-Apr       France       Presidential Election
                                                            Macron, Rassembelement National leader Marine Le Pen, right-wing polemicist Eric
                                                          Zemmour, and centre-right Les Republicains candidate XXXXX set to contest for the two
                                                                                              second round spots.
                                                          Second round run-off election takes place between the two highest-placed candidates in
24-Apr       France       Presidential Election
                                                               the first round. Candidate with the largest number of votes is elected president.
                                                          Voters to election 90 members of the National Assembly. Populist Slovenian Democratic
                                                         Party PM Janesz Jansa will be seeking a fourth non-consecutive term in office. Significant
24-Apr      Slovenia       Legislative Election            implications for Slovenian government policy, with Jansa's populist style and rhetoric
                                                         coming in for major criticism from liberals and the EU. His ouster would likely see a more
                                                                                     pro-EU government come to power.

                                                           Prime Minister Viktor Orban and his right-wing populist Fidesz Party seeking a fourth
                                                          consecutive term in office. The main opposition parties have formed a united group with
Apr-May     Hungary        Legislative Election           economist and mayor Peter Marki-Zay as its leader in an effort to oust the controversial
                                                              Orban. Should Orban lose it would prove a major blow to EU populists, with the
                                                           Hungarian PM proving one of the movement's most influential figures in recent years.

                                                                         May

                                                             Ohio holds its Congressional, Senate, and Gubernatorial primaries. Incumbent
03-May    United States   State Primary Election          Republican Senator Rob Portman is standing down after two terms in office, making the
                                                                                  GOP primary a close one to watch.

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Local elections take place in England, Scotland, and Wales. Voters in Northern Ireland
                                                            elect the next Northern Ireland assembly. Assembly election could prove a watershed,
05-May   United Kingdom       Local Elections
                                                         with Irish republican Sinn Fein leading polls with the potential to become the largest party
                                                                                                   at Stormont.
                                                         Germany's northernmost state Schleswig-Holstein holds its Landtag election. The current
                                                          state government is formed by the centre-right CDU, environmentalist Greens, and pro-
08-May      Germany           State Election
                                                           business liberal FDP. SPD lead polls and could be best placed to lead formation of the
                                                                                            next regional government.
                                                             Fiercely contested election takes place to succeed President Rodrigo Duterte. Early
                                                               frontrunner is son of former dictator Ferdinand Marcos, centre right PFP nominee
                            Presidential and             Ferdinand 'Bongbong' Marcos Jr. Marcos has teamed up with VP candidate Sara Duterte,
09-May     Philippines
                           Legislative Election          daughter of the incumbent on a joint ticket. Other leading candidates for president include
                                                         centre-left Mayor of Manilla Isko Moreno and former world welterweight boxing champion
                                                                                            Senator Manny Pacquiao.
                                                             Congressional/Senate/gubernatorial primary elections take place in Idaho, Kentucky,
                                                          North Carolina, Oregon, and Pennsylvania. Republican primaries in North Carolina and
17-May    United States   State Primary Election
                                                             Pennsylvania will be closely-watched with incumbent senators Richard Burr and Pat
                                                                                             Toomey standing down.
                                                          Likely date for federal election, could be as early as 7 May. All 151 seats in the House of
                                                         Representatives and one-half of the Senate seats up for grabs. PM Scott Morrison hoping
21-May      Australia      Legislative Election            that his centre-right Liberal/National coalition can hold onto its narrow majority over the
                                                           centre-left Australian Labor Party of Anthony Albanese. Liberals have held power since
                                                                                                       2013.
                                                          Congressional/Senate/gubernatorial primary elections take place in Alabama, Arkansas,
                                                            Georgia, and Texas. Republican primary in Alabama watched with incumbent Richard
24-May    United States   State Primary Election                Shelby not standing again. Texas gubernatorial second round primary could see
                                                         incumbent GOP Governor Greg Abbott confirmed to run against Democratic hopeful Beto
                                                                                                    O'Rourke.

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First round of the presidential election. Incumbent Ivan Duque is limited to a single four-
29-May     Colombia       Presidential Election             year term in office. Early frontrunner is leftist former Bogota mayor Gustavo Petro.
                                                         Conservative former Medellin mayor Federico Gutierrez also seen as a likely candidate.

                                                                       June
                                                           European Council leaders' summit takes place in Brussels, Belgium. Continues to 24
23-Jun   European Union          Summit
                                                                                                June.

                                                         The Group of Seven (G7) Summit 2022 is to take place at Schloss Elmau, a castle resort
26-Jun        G7                 Summit                  in the Bavarian Alps in southern Germany on June 26-28. Will be the first G7 summit for
                                                                    German Chancellor Olaf Scholz and Japanese PM Fumio Kishida.

                                                        NATO leaders' summit in Madrid, Spain. Continues to June 30. Major issues of discussion
                                                         likely to focus on Russia's actions in eastern Europe, as well as NATO countries' stance
29-Jun       NATO                Summit                  towards the Chinese government's actions in east Asia. Intra-NATO tensions also to the
                                                            fore, with the US and other nations concerned with Turkey's close relationship with
                                                                                                  Moscow.
                                                                        July
                                                           Incumbent Ram Nath Kovind (BJP). The President of India is indirectly elected by an
                                                           electoral college consisting of the elected members of both houses of parliament, the
                                                        elected members of the Legislative assemblies of the 28 states and the elected members
 July        India        Presidential Elections
                                                        of the legislative assemblies of the Union Territories of Delhi, Puducherry and Jammu and
                                                         Kashmir. Sharad Pawar, Karan Singh, and Bhim Singh seen as potential candidates for
                                                                                       the largely ceremonial position.
                                                           Czech Republic takes over from France as president of the rotating Presidency of the
01-Jul   European Union         Transition
                                                                                    Council of the European Union.

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United Kingdom                                 Safety and security declarations will be required at customs checks between the UK and
01-Jul    and European       Political Event            EU from this day onwards. There will also be physical checks SPS checks on products of
              Union                                              animal origin. All agreed as part of the Brexit Withdrawal Agreement.

                                                           The final date by which the Constitutional Convention can vote on the draft for a new
04-Jul       Chile                 Other                  constitution. Whether the vote passes or not, the Convention will be dissolved after this
                                                                                                   point.
                                                        Japan is to elect 124 of the 245 members of the House of Councillors, the upper house of
                                                         the bicameral National Diet, for a term of six years. The election takes place less than a
25-Jul       Japan        Legislative Election             year since Fumio Kishida took over as PM, and it will see Kenta Izumi face his first
                                                            election as the head of the opposition CDP. Kishida's LDP and their Komeito allies
                                                                          currently hold a majority with 137 seats in the chamber.

                                                         Commonwealth Games begin in Birmingham, England. Continue to 8 August. Seen as a
                                                          key event in maintaining unity of Commonwealth nations that were formerly part of the
28-Jul   Commonwealth        Sporting Event
                                                           British Empire. First since the end of Queen Elizabeth II's reign as Barbados' head of
                                                                            state following the country's transition to a republic.

                                                                      August
                                                         Elections for the President and National Assembly. Incumbent President Joao Lourenco
                                                        of the dominant MPLA is eligible for one more term. The three main opposition parties will
August      Angola          General Election                field a single candidate under the United Patriotic Front banner in an attempt to out
                                                           Lourenco following 46-years of MPLA rule, with Adalberto Costa Jr. as the alliance's
                                                                                                 candidate.

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Incumbent President Uhuru Kenyatta is unable to run for a third term in office due to term
                                                          limits. Widespread corruption and perceptions of voting irregularities has contributed to
                                                           the electoral commission stating its concern at very low voter registration levels. While
 09-Aug       Kenya          General Election
                                                           Kenyatta cannot run again, his influence over the election will be felt in the guise of his
                                                         Jubilee Party's candidate. Former PM and 2017 presidential candidate Raila Odinga is set
                                                                                        to run for office once again.
                                                                  September

                                                          Incumbent Alexander Van der Bellen (Independent) eligible for one more term. His 2016
September     Austria      Presidential Election           opponent, Norbert Hofer of the right-wing Freedom Party, has expressed an interest in
                                                          running again. Official date not set but the president must be sworn in by 26th Jan 2023

                                                            Elections take place for the 349 members of the unicameral Riksdag. Incumbent PM
                                                            Magdalena Andersson of the centre-left Social Democrats will look to secure enough
 11-Sep       Sweden       Legislative Election
                                                            support to lead the next coalition government. Faces tough challenge from right-wing
                                                            parties seeking to oust minority centre-left government after eight years in opposition.

                                                           SCO summit in Ashgabat, Uzbekistan. The group encompasses China, Kazakhstan,
             Shanghai                                      Kyrgyzstan, Russia, Uzbekistan, Tajikistan, India, Pakistan, Iran (acceding), and has
 17-Sep     Cooperation           Summit                 Afghanistan, Belarus, and Mongolia as observer states and Sri Lanka, Turkey, Cambodia,
            Organisation                                    Azerbaijan, Nepal, and Armenia as dialogue partners. The SCO has proved a useful
                                                                    vehicle for China to expand its Belt and Road investment program.

                                                           First round of the presidential election. Incumbent Borut Pahor cannot run again due to
 24-Sep      Slovenia      Presidential Election
                                                               term limits. If no candidate recieves over 50% of the vote, a run-off takes place.

                                                                                                                                            9
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October

                                                       20th National Congress of the Chinese Communist Party set to take place in October or
                                                         November. No set date yet. The National Congress is the CCP's largest event, taking
Oct-Nov     China         Party Congress                 place once every five years. The event will be unprecedented in inviting president Xi
                                                       Jingping to serve for a third term in office. A new leadership team is likely to be selected,
                                                              with only those most loyal to Xi's leadership promoted to senior positions.
                                                      The 100 members of the Saeima are elected by open list proportional representation from
01-Oct      Latvia      Legislative Election          five multi-member constituencies. Centre-right New Unity-led government of PM Krisjanis
                                                                               Karins seeking a second term in office.
                                                      Elections for the House of Representatives in Federation of Bosnia and Herzegovina and
                                                            Republika Srpska, as well as presidential elections for the three members of the
          Bosnia and                                    presidency from the Bosniak, Croat, and Serb communities. Tensions in Bosnia remain
02-Oct                    General Election
          Herzegovina                                  high following a Serb separatist threat to creat their own army, dividing the armed forces
                                                          into two. EU has warned of the risk of a return to conflict, and the election could see
                                                                                         tensions spike further.
                                                        Presidential and Congressional elections take place. President Jair Bolsonaro seeks a
                                                        second term in office, facing stiff competition from former President Luis Inacio Lula da
02-Oct       Brazil       General Election             Silva, the likely candidate of the leftist Workers' Party. If no candidate receives over 50%
                                                       of the vote, a run-off will take place on 30 October. Given the febrile political environment
                                                                      in Brazil, there is the notable prospect of post-election unrest.

                                                        North-western state of Lower Saxony holds election to its regional parliament. Current
                                                      government formed by centre-left Social Democrats and centre-right Christian Democrats.
09-Oct     Germany       Regional Election
                                                       Social Democrats polling in first place following 2021 federal election, but no guarantee
                                                       this support will hold up as Olaf Scholz comes up on 10 months as German chancellor.

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                        Business Address – MNI Market News, 5th Floor, 69 Leadenhall Street, London, EC3A 2 BG
The 2022 G20 Bali, Indonesia summit is the upcoming seventeenth meeting of Group of
                                                       Twenty (G20), the summit scheduled to take place in Bali, Indonesia, in 2022. Indonesia's
                                                         presidency will begin to take course from 1 December 2021 up to the summit on fourth
30-Oct       G20                Summit
                                                        quarter of 2022. Handover ceremony of the presidency will be taken by the President of
                                                        the Republic of Indonesia, Joko Widodo from Italian Prime Minister Mario Draghi at the
                                                                                         closing of Rome summit.

                                                                   November

                                                        Midterm elections take place, with all 435 seats in the US House of Representatives and
                                                        one-third of the 100 seats in the US Senate up for grabs. In addition, 36 states and three
                                                       territories will vote for their governors, and 46 states will elect state legislative bodies. The
08-Nov   United States   Legislative Elections
                                                        Democrats are trying to hold onto their narrow majority in the House and retain effective
                                                        control of the Senate with its current 50-50 split. Should the GOP take either chamber it
                                                           will make it very difficult for the Biden administration to pass meaningful legislation.

                                                       FIFA World Cup kicks off in Qatar. Continues to 18 December. Event is first World Cup to
21-Nov      Global          Sporting Event               take place in MENA region, first in winter, and has drawn criticism from human rights
                                                                  groups and progressive organisations for alleged abuses in Qatar.

                                                        The state of Victoria holds elections for its Legislative Assembly and Legislative Council.
                                                          Incumbent Labor administration of Premier Daniel Andrews looking to hold onto its
26-Nov     Australia      Regional Election
                                                          majority. Comes after the federal election, which could have a notable impact on the
                                                                                            Victorian election.

                                                                                                                                            11
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December

                                                                                                Fine Gael leader and current Tanaiste (deputy PM) Leo Varadkar is set to take over from
                                                                                                    incumbent Fianna Fail Taoiseach (PM) Micheal Martin as laid out in the coalition
     15-Dec                     Ireland                           Transition
                                                                                                agreement between the two parties agreed following the 2020 general election. Varadkar
                                                                                                                     served previously as PM from 2017 to 2020.

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