Introducing the 14th edition of The PEP Weekly Digest, where we present to you the most recent updates and news on the global political stage.

The worldwide political landscape is influenced by recent and upcoming elections in eight nations, slated between August 20th and October 10th. These elections hold significant importance, as they will determine the direction and governance of each respective country’s future.

One noteworthy event has occurred in Albania, where Igli Hasani has been appointed as the new Minister of Foreign Affairs.

Shifting our focus to Azerbaijan, Davit Ishkhanyan has been appointed as the new President of Artsakh.

Meanwhile, in Kuwait, Fahad Al Jarallah has been appointed as the new Minister of Finance.

In the realm of regulatory affairs, Canada has proposed Bill C-42 to amend the Canada Business Corporations Act. The amendment requires most federally incorporated businesses to proactively report information on their beneficial owners to Corporations Canada on an annual basis, or when a change in control occurs.

Shifting our attention to legal advancements, A court in Guatemala has sentenced Former President Otto Perez Molina to eight years in jail for money laundering, fraud, and corruption.