Colombia has been rocked by deadly protests
Colombian protests threaten output
Demonstrations against proposed tax reform have spread across the country, with an impact on oil and gas
Colombia’s ailing economy—not helped by falling oil production and Covid-19—has mobilised deadly protests against a proposed government tax hike and raised concerns the country could descend into further violence and unrest. It is far cry from the 2016 peace accord that ended a 50-year armed conflict between the government and revolutionary paramilitary group Farc, and promised to instil lasting change in the country. “Initially, the protest was in response to the tax reform proposal presented by President Ivan Duque,” says Jose Zapata, partner at law firm Holland & Knight. “This initial mobilisation resulted in the withdrawal of the reform. But protests continue to reject rising poverty
Also in this section
2 December 2024
Crucial role of gas means country is laying the foundations to control physical and trading supply chains
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
Although Iraq remains a major crude exporter, it is still some way from becoming a regional energy supply hub. Ambitious new cross-border schemes aim to rectify that situation
29 November 2024
There are opportunities for attractive returns and greater project success amid a real push by the Iraqi government for reform, as long as there is a shared understanding between the needs of investors and the host government
