Analysis – Colombia’s First Leftist Leader Gustavo Petro Targets Inequality; Investors on Edge (Reuters)

  • Petro has pledged to fight inequality with free university education, pension reforms and high taxes on unproductive land in the Andean country, where nearly half the population lives in poverty.
  • His proposals – especially a ban on new oil projects for environmental reasons – have startled some investors, though he has promised to respect current contracts. READ MORE

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