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Former Hostage Announces Presidential Candidacy

  • As a reminder, Colombia's economic activity rose more than economists expected in November.
    • Economic activity rose 9.6% y/y (estimate +8.6%) in November versus +9.3% in October, according to the National Administrative Department of Statistics (DANE)
  • Colombian politician Ingrid Betancourt, who was held as a hostage for six years by the country's largest guerrilla group, said on Tuesday that she will be running for her country’s presidency.
    • She enters a crowded field of candidates in which Gustavo Petro a leftist former mayor of Bogota is currently leading polls, but where moderates like Betancourt stand a chance to do well, if they can unite their efforts and tap into voters' frustration with corruption and growing inequality. (AP)

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