Brazil is seeing its worst public unrest in 20 years. The trigger to the unrest was a 2 June increase in the price of a single bus fare in Sao Paulo from 3 reals ($1.40, £0.90) to 3.20, according to the BBC.
Based on the conclusions of my social unrest risk research, Ciaran Ryan wrote on December 14, 2012 that:
Based on monetary inflation trends over the last two years, those countries most at risk of social upheaval in the coming months are Turkey, Brazil, South Africa, Argentina and India.
First it was Turkey, now it is Brazil. South Africa in recent months has seen xenophobic violence for the first time since 2008. However, the unrest in SA could get worse from here. Argentina has also seen a whole lot of unrest already due to rapid inflation and declining living standards.
Now it just leaves a proper nationwide civil unrest event in India to close this prediction book down, and look to where the next unrest hotspots are likely to be.
Read Ciaran’s full article here.