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While the peace process and divisive politics in Bogotá will be thornier issues, Duque's management of the fiscal deficit will prove tricky even amid rising GDP growth rates.

"The continuation of fiscal adjustment, as per Colombia's fiscal rule, will be important for sustaining policy credibility," said Fitch Ratings.

Iván Duque won convincingly in a second-round run off election over leftwing candidate Gustavo Petro, a controversial former M-19 guerrilla member.

Colombians today will put either rightwing candidate Iván Duque or leftist Gustavo Petro in office for the next four years.

Peace negotiations between Colombia’s government and the ELN have reached their most precarious moment since they began last year.

The European Union has been one of the main financial supporters of Colombia’s peace process in recent years, and this week it pledged an additional $17.5 million USD (€15 million) to the effort. These funds, according to an E.U. statement, are intended to “scale up concrete...

Petro narrowly beat out third-place finisher Sergio Fajardo by around 260,000 votes out of more than 19.6 million cast.

Rightwing candidate Iván Duque, the protege of former President Álvaro Uribe, was the frontrunner in the last major poll before the election.

A bombshell report from the Wall Street Journal claims U.S. and Colombian authorities are investigating Iván Márquez.

The new generation of Colombian drug lords, dubbed "The Invisibles," realize that their best protection is not a private army — but anonymity.