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It's doubtful it will be a quiet week in Colombia - but have a good one.

Last week in Colombia was one totally bereft of either macro data or economic surveys; this week will be the polar opposite.

The oil sector dominated the headlines for a variety of reasons this week…and most of it was good news.

Foreigners now own $26 billion USD in local Colombian debt.

By using fiber optic technology, the new substation reduces copper use by 60%.

Ocampo added that inflation should have slowed in December & this will allow the central bank to cease the tightening cycle.

The powerful Colombian banker and real estate developer Jaime Gilinski (Publicaciones Semana, Banco GNB Sudameris, Lulo Bank, Servibanca, etc.), the second richest person in the country, is making his move in the hope of undoing the castling of the Grupo Empresarial Antioqueño...

It has, thus far, been a week of general weakness in the equity market and a Peso that has been led around by the nose, by global events.

"Even though there are some people interested in bringing the company down because that’s how they make money, we are here to stay!” said COO Chris Daes

Sectorially, financials (94.1%) are the top pick followed by Energy (82.4%), while oil has dropped away to 35.3%.