Free Trial
USDCAD TECHS

Impulsive Rally Extends

US TSYS

Late Eurodollar/SOFR/Treasury Option Roundup

EURJPY TECHS

Price Is Below The 50-Day EMA

US

Late Corporate Credit Update

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Gustavo Petro Sworn In As New President

COLOMBIA
  • The newly appointed President, Gustavo Petro, was sworn in over the weekend. Petro is expected to immediately send a proposal to Congress for tax reform that seeks to expand social spending and consolidate fiscal reforms.
  • Petro named Irene Velez to implement his most radical policy: leading the country’s transition away from fossil fuels as Mines and Energy Minister.
  • Velez is a professor at the Universidad del Valle with a doctorate in political geography from the University of Copenhagen. A biography on the university’s faculty website describes her as an activist researcher dedicated to studying environmental and agrarian conflicts in Colombia.
    • “She’s a woman with extensive experience in the environmental sector who will have the arduous task of leading the transition to a non-extractivist economy,” Petro said in a tweet announcing the post. (Bloomberg)
130 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • The newly appointed President, Gustavo Petro, was sworn in over the weekend. Petro is expected to immediately send a proposal to Congress for tax reform that seeks to expand social spending and consolidate fiscal reforms.
  • Petro named Irene Velez to implement his most radical policy: leading the country’s transition away from fossil fuels as Mines and Energy Minister.
  • Velez is a professor at the Universidad del Valle with a doctorate in political geography from the University of Copenhagen. A biography on the university’s faculty website describes her as an activist researcher dedicated to studying environmental and agrarian conflicts in Colombia.
    • “She’s a woman with extensive experience in the environmental sector who will have the arduous task of leading the transition to a non-extractivist economy,” Petro said in a tweet announcing the post. (Bloomberg)