Venezuela’s Maduro Wins Second Term in Disputed Election

by Bill Ostrove, International Military Markets Analyst, Forecast International.

Venezuelan President Nicolás Maduro . Source: Wikipedia/Valter Campanato/ABr.

Venezuela’s Nicolás Maduro will serve a second term in office after winning the presidential election on May 20.  With 92 percent of voting centers reporting, Maduro has won 68 percent of the vote. His closest competitor, Henri Falcón, won only 21 percent. Continue reading

Top Eight Countries Dominate Defense Spending in Latin America

by Bill Ostrove, International Military Markets Analyst, Forecast International.

Defense spending in Latin America will remain strong between 2017 and 2021. While allocations will not be as high as in other regions, economies are expected to slowly improve after years of commodity price declines, giving governments more resources for defense. At the same time, governments will continue to battle violent gangs and illegal trafficking. Continue reading

The Effect of 2016’s Presidential Election on Worldwide Aerospace and Defense Markets Part 2/2

By Matthew Beres, Forecast International.

election-2016

Welcome to the Forecast Roundtable Podcast. Forecast Roundtable brings together expert analysts, industry professionals, and government officials to discuss the latest issues in the aerospace and defense markets. Produced at the Forecast International headquarters, Forecast Roundtable offers unique and in depth insight and discussion on any range of topics from geopolitics to aerospace and defense markets. Topic suggestions are welcome.

This episode features Ray Jawarowski, Senior Aerospace Analyst, Dan Darling, Europe and Asia, Australia & Pacific Rim Analyst, Bill Ostrove, South America & Space Systems analyst, Derek Bisaccio, Middle East and Eurasia analyst, and Matthew Beres, Airborne Retrofit and Modernization analyst. Continue reading

The Effect of 2016’s Presidential Election on Worldwide Aerospace and Defense Markets Part 1/2

By Matthew Beres, Forecast International.

election-2016

Welcome to the Forecast Roundtable Podcast. Forecast Roundtable brings together expert analysts, industry professionals, and government officials to discuss the latest issues in the aerospace and defense markets. Produced at the Forecast International headquarters, Forecast Roundtable offers unique and in depth insight and discussion on any range of topics from geopolitics to aerospace and defense markets. Topic suggestions are welcome. Continue reading

Simmering Tensions Between Venezuela and Guyana

by Derek Bisaccio, Military Markets Analyst, Forecast International.

Venezuela recently received a shipment of tactical and administrative vehicles. Source: Venezuela Ministry of Defense

Venezuela recently received a shipment of tactical and administrative vehicles.
Source: Venezuela Ministry of Defense

Throughout the month of September, Venezuela saw a flare-up in hostility with two of its neighbors, Colombia and Guyana, over separate issues. The diplomatic rows with Colombia appear to have subsided for now, following meetings between the presidents of the two countries. The tensions with Guyana, however, continue to simmer.

Continue reading