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MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

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MNI: SWEDEN NOV UNEMPLOYMENT 7.4%

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AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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Oil & Natural Gas Reserves Fall In Latest Report

COLOMBIA
  • Natural gas reserves fell to the lowest since at least 2007 and oil reserves also dropped, putting pressure on President Gustavo Petro to rethink his ban on new fossil-fuel exploration. (BBG)
  • Petro’s administration has so far refused to issue new oil-exploration licenses, though the ministries of energy, finance and industry in March said the new reserves report would be key in determining policy going forth. In a statement following the report, Mines and Energy Minister Irene Velez said the government will continue to focus on looking for greater efficiency, and ensure that offshore projects come to fruition.
  • Separately, Billionaire Jaime Gilinski reached an agreement that will give him control of Colombia’s largest food maker in exchange for his stake in the financial conglomerate Grupo Sura.
    • Gilinski, in partnership with the royal family of Abu Dhabi, will increase his stake in Grupo Nutresa to at least 87%, according to a regulatory filing.
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