IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL5.11▼ 0.04% USD/MXN17.50▲ 0.19% USD/CLP923.90▼ 0.41% USD/COP3,242▼ 0.13% USD/PEN3.41▲ 0.42% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.37% USD/PYG6,055▲ 1.45% USD/BOB10.14▲ 4.01% USD/DOP58.61▲ 0.22% USD/CRC448.82▲ 1.41% USD/GTQ7.63▲ 2.31% USD/HNL26.72▲ 0.09% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.09▲ 0.40% USD/TTD6.75▲ 1.44% EUR/BRL5.82▼ 0.79% BRENT 79.25 ▲ 4.26% WTI 74.51 ▲ 4.34% IRON ORE 161.91 — — COPPER 6.21 ▼ 0.39% GOLD 4,066 ▼ 0.94% SILVER 58.57 ▼ 2.07% SOY 1,196 ▼ 0.04% CORN 467.25 ▲ 6.68% WHEAT 643.50 ▲ 1.82% COFFEE 318.60 ▼ 10.74% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 6,100 ▼ 3.31% BEEF 235.20 ▼ 0.02% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 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10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 62,768 ▼ 1.55% ETH 1,783 ▼ 1.24% SOL 76.26 ▼ 0.80% XRP 1.08 ▼ 0.86% BNB 568.62 ▼ 0.93% ADA 0.16 ▼ 1.39% DOGE 0.07 ▼ 0.55% AVAX 6.52 ▲ 1.84% LINK 7.94 ▼ 0.68% DOT 0.83 ▼ 1.21% LTC 43.62 ▼ 0.80% BCH 236.98 ▼ 1.24% TRX 0.33 ▼ 0.27% XLM 0.18 ▼ 1.39% HBAR 0.07 ▼ 0.23% NEAR 1.88 ▼ 0.78% ATOM 1.54 ▼ 1.28% AAVE 94.58 ▼ 2.56% 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Colombia Politics - Brazil

The rise of the favorite presidential candidate Petro in Colombia unsettles the barracks

By · May 6, 2022 · 4 min read

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RIO DE JANEIIRO, BRAZIL – Very popular for their fight against the guerrillas, the military in Colombia barely figured in politics. But the likely rise to power of a former rebel and leftist opponent broke the silence in the barracks.

Gustavo Petro, who fought the state until the early 1990s, is the favorite in the polls to win the presidential elections on May 29, although he would not have enough votes to avoid a ballot.

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If he prevails at the polls, it would be the first time that a former guerrilla has led the armed forces of a country in conflict, historically governed by conservative and liberal elites, and without the past of military coups that crosses the continent.

The old enemy of the troops, Petro could be the commander in chief of 228,000 military, including army commander general Zapateiro, and 172,000 police (Photo internet reproduction)
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His promotion unsettles the barracks. From the president to the defense minister, passing through the commander of the army, they lined up against Petro. And although the Constitution prevents them from voting and deliberating, rarely have men-at-arms intervened so openly in a campaign, analysts note.

“There are those who perceive within the military that this war was won on the battlefield, but it is being lost politically. They consider that the political class with which the army has been, which is the one that has always governed, is losing”, explains analyst and retired colonel Carlos Alfonso Velásquez.

The 62-year-old Petro was a member of the M-19, a nationalist guerrilla group that signed peace in 1990, before going into exile for a time in Europe and returning to his country to become a legislator and then mayor of Bogotá (2012-2015).

A sector of the uniformed men perceive it with “certain suspicion and fear,” says retired Colonel José Marulanda, president of the Colombian Association of Retired Officers (Acore). “We feel that he has a very clear resentment against the military and police, who were the ones who killed his M-19 comrades in combat,” he maintains.

The old enemy of the troops could be the commander in chief of 228,000 military and 172,000 police. Together, they make up the largest armed forces on the continent after those of Brazil. The United States has allocated millions of resources in its training and equipment against drug trafficking and rebel groups.

CROSSFIRE

The commander of the army, General Eduardo Zapateiro, brought the controversy with Petro to its most intense point with a series of tweets after his denunciations of alleged alliances between generals and drug traffickers at the cost of the death of soldiers.

Zapateiro accused him of “politicking” and taking electoral advantage of the death of soldiers. He also alluded to a 2005 video in which Petro was seen receiving wads of bills, money that the court later ruled had a lawful origin. “I have not seen any general on television receiving ill-gotten money. Colombians have seen you receive money in a garbage bag,” Zapateiro snapped.

As a result of his comments, the officer faces a preliminary investigation for intervening in politics, while President Iván Duque came out in support of him as well as Defense Minister Diego Molano, who treated Petro as a “liar”.

The military, which has waged a conflict for more than six decades, participated in the negotiations that led, in 2017, to the disarmament of the FARC. A retired general was part of the talks, but ended up criticizing the peace agreement for his alleged concessions to the rebels.

Within his proposals, Petro has proposed a reduction in the military budget (currently 3.4% of GDP), apply a merit-based promotion policy and separate the police from the Ministry of Defense. “They have popularized a dangerous idea that the armed forces are from the right and the left is their enemy. Such undemocratic outrage has been based on the very existence of the insurgent war,” Petro wrote in an opinion piece.

Although the military enjoys popular support, scandals have undermined its reputation, including the alliances with bloodthirsty paramilitaries and the execution of 6,402 civilians that the troops presented as guerrillas killed in combat to inflate their results.

“That prestige of the army, cultivated in the conflict, has received a strong shake. And the military see in Petro the person who takes criticism” of the troops, points out Velásquez.

But the threat of a coup seems distant. “We would see some type of disagreement within the ranks that would manifest itself with the request to drop the ranks. That is to say, ‘I do not agree with this and I am withdrawing’, affirms the head of Acore.

A sector of the reserves has already aligned with Petro, according to Alfonso Manzur, head of the organization Veterans for Colombia. “There is nonconformity in the high command because they feel that the promotion system is corrupted by internal mafias,” he explains.

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