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Venezuela’s rampant dollarization has fed a national demand for counterfeit dollars, and criminal groups in neighboring Colombia and Peru have ramped up production.

Venezuela produces industrial quantities of urea, tons of which are stolen and smuggled into Colombia to feed cocaine labs.

Neo-Marxist Petro blames the scandal on the "owners of capital," but the protagonists were his own chief of staff & campaign manager.

Colombia is very rarely, if ever, bereft of news, and this week was no exception. In fact it was a bit of a doozy!

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

The bridge was never opened when finished due to rising tensions between the two neighbors.

It is too early to tell how bilateral relations will play out, with Petro behaving as Castillo’s international advocate.

Export data for September disappointed once again, but unemployment data is trending favorably - and tax reform passed!

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.

Gustavo Petro, a former guerrilla fighter, has pledged a clean break with what he sees as the confrontational, violent policies of his predecessor.