In This Edition: Pfizer officially ended its Phase III trials with 95 percent efficacy for its COVID-19 vaccine. The IAEA reported that Iran has begun operating uranium centrifuges at Natanz. Zambia becomes the first African economy to default during the pandemic. A rundown of important global developments in markets, in business, and region-by-region, as well as statistical risk assessments by country and by US state.

November has been a month of turmoil for Peru, even by the chaotic standard of 2020 . Within the period of a week, the Andean nation cycled through three presidents in a rapid political crisis that resulted in deadly protests and a brief period in which the country had no president at all. This week, the government swore in centrist lawmaker, engineer, and former World Bank official Francisco Sagasti as interim president.

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