🌎 Latin America Apr 9, 2026 · Adriaan Alsema

How Colombia plants to curb effects of Middle East war, central bank interest rate hikes

Colombia Reports
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Colombia’s President Gustavo Petro said it would try to mitigate effects of the latest war in the Middle East and a recent Central Bank decision to increase interest rate.
In a televised address to the nation, Petro announced multiple measures to prevent increased food prices and an economic slowdown, and warned the government may declare an economic emergency if these measures prove insufficient.
In response to an expected global shortage in fertilizers, which may affect Colombia’s

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