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The absolutely key takeaway from these developments is the fact that the institutions of Colombia are holding very firm.

President Petro has asked the Prosecutor's office to investigate his own son and brother for alleged irregularities.

Since his days as Bogotá's mayor, Petro has insisted on an underground subway. Now as President, he hopes to force his vision on current mayor Lopez.

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

The Chinese spy balloon did not follow established international communications or civil aviation safety protocols.

It was an eclectic week, even by Colombian standards.

Two-thirds of those surveyed for the World Economic Forum’s Chief Economists Outlook expect a global recession in 2023

President Petro is in Davos this week, attending the World Economic Forum.

The Peso was badly hit during the holiday period dropping 4.87% to over 5,000 once again...

It has been a busy week for President Petro with visits to Santiago, Chile and Caracas, Venezuela.