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Colombia's high court cut a convicted landowner's 23-year sentence to 4 years — drawing a property-defense line Texas law wouldn't.

The case now moves to a fiscal-responsibility process that may not reach a decision on the merits until 2028.

The SIC's order to close the World ID iris-scanning operation is now final after the companies' appeal was rejected.

The mid-year update also lifts the bank's policy-rate call to 12.75% and trims its peso forecast as remittances hit records.