Political instability contained for now, but financial sector is bruised
Risk Management
Issue 899
- 30 Apr 2011
| 1 minute read
Although Bahrain’s lower national assembly chamber the Majlis Al-Nuwab is elected, power to implement constitutional reform lies with the royally appointed government and upper chamber, the Majlis Al-Shura. Following demonstrations beginning on 14 February, the political environment has deteriorated significantly, with a renewed and uneasy status quo of state force and opposition suppression now apparent.
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