IBOV 173,871.39 ▼ 1.22% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,409.65 ▼ 0.18% MERVAL 3,291,246 — 0.00% COLCAP 2,292.03 ▼ 0.29% BVL PERÚ 57,112.22 — — USD/BRL5.09▲ 0.29% USD/MXN17.42▲ 0.22% USD/CLP927.20▲ 0.13% USD/COP3,216▼ 1.36% USD/PEN3.39▲ 0.11% USD/ARS1,475▼ 0.07% USD/UYU40.18▲ 1.21% USD/PYG6,030▲ 1.35% USD/BOB10.63▲ 3.73% USD/DOP58.14▼ 0.19% USD/CRC447.87▲ 1.07% USD/GTQ7.62▲ 2.25% USD/HNL26.73▲ 0.09% USD/NIO36.62▲ 0.34% USD/VES725.63▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.31% USD/TTD6.75▲ 1.34% EUR/BRL5.83▲ 0.44% BRENT 85.28 ▲ 0.39% WTI 79.88 ▲ 0.35% IRON ORE 161.91 — — COPPER 6.35 ▲ 0.95% GOLD 3,997 ▼ 1.16% SILVER 56.10 ▼ 1.77% SOY 1,203 ▲ 0.04% CORN 467.50 ▲ 4.47% WHEAT 682.25 ▲ 0.70% COFFEE 317.25 ▼ 5.14% SUGAR 14.44 ▼ 2.76% ORANGE JUICE 137.90 ▼ 0.68% COTTON 79.83 ▼ 0.91% COCOA 5,561 ▼ 3.07% BEEF 224.03 ▼ 2.65% CATTLE 346.85 ▼ 0.89% LITHIUM 69.67 ▼ 1.96% PETR4 40.64 ▲ 0.12% VALE3 73.27 ▼ 1.66% ITUB4 42.47 ▼ 1.55% BBDC4 18.30 ▼ 1.61% ABEV3 15.59 ▲ 0.13% BBAS3 20.65 ▲ 0.49% B3SA3 15.39 ▼ 1.91% WEGE3 44.03 ▼ 0.52% PRIO3 57.56 ▲ 0.10% SUZB3 41.97 ▲ 1.18% RENT3 39.53 ▼ 2.03% AZZA3 18.42 ▼ 1.29% CSAN3 3.87 ▼ 1.53% RAIZ4 0.30 ▲ 3.45% PCAR3 2.63 ▲ 0.38% GMAT3 3.91 ▼ 1.76% PSSA3 54.82 ▼ 0.72% CVCB3 1.35 ▲ 0.75% POSI3 3.89 ▼ 1.52% SLCE3 13.64 ▲ 1.04% NATU3 8.61 ▼ 0.69% BRKM5 6.28 ▼ 2.03% RANI3 8.02 ▲ 0.50% CSNA3 5.16 ▼ 1.53% CMIN3 5.38 ▲ 2.67% USIM5 8.19 ▼ 0.12% GGBR4 24.14 ▼ 0.25% ENEV3 26.37 ▼ 2.15% CPFE3 46.57 ▼ 0.56% CMIG4 11.07 ▼ 0.72% EQTL3 39.75 ▼ 1.44% LREN3 13.77 ▼ 2.34% VIVT3 35.49 ▲ 0.06% RAIL3 13.98 ▼ 0.64% KLABIN 17.50 ▲ 0.63% RAIA DROGASIL 18.68 ▲ 0.05% RDOR3 35.63 ▼ 1.06% HAPV3 10.93 ▼ 0.55% FLRY3 16.45 ▼ 0.36% SMTO3 15.70 ▲ 1.09% UGPA3 31.65 ▲ 1.77% VBBR3 33.96 ▲ 0.62% BBSE3 40.93 ▲ 0.54% BPAC11 56.42 ▼ 1.09% CURY3 32.09 ▼ 1.96% AERI3 2.02 — 0.00% VIVARA 23.12 ▼ 1.70% COMPASS 24.93 ▼ 0.72% VAMOS 3.13 ▲ 0.32% SANB11 26.61 ▼ 1.44% ASAI3 8.61 ▼ 0.58% SBSP3 29.62 ▼ 1.20% WALMEX 49.68 ▼ 0.04% GMEXICO 199.43 ▼ 0.39% FEMSA 224.95 ▲ 0.75% CEMEX 22.90 ▲ 1.24% GFNORTE 181.14 ▼ 1.26% BIMBO 58.18 ▲ 1.15% TELEVISA 9.53 ▼ 0.31% AMX 22.81 ▲ 0.04% GAP 395.91 ▼ 0.29% ASUR 280.27 ▼ 1.13% OMA 234.82 ▼ 0.16% KOF 177.68 ▲ 0.41% GRUMA 282.84 ▲ 0.53% KIMBER 38.86 ▲ 0.52% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,450 ▼ 0.13% GGAL 8,020 ▼ 2.25% PAMPA 5,175 ▼ 1.24% TXAR 666.00 ▼ 0.75% ALUAR 955.00 ▼ 0.47% TGS 9,635 ▼ 1.18% CEPU 2,305 ▼ 1.66% MIRGOR 17,150 ▲ 1.03% COME 45.06 ▼ 1.25% LOMA NEGRA 3,585 ▼ 0.76% BYMA 303.75 ▼ 0.08% TELECOM ARG 4,283 ▼ 0.75% ECOPETROL 15.96 ▼ 0.13% BANCOLOMBIA 80.00 ▼ 1.90% GRUPO AVAL 5.03 ▼ 0.10% CREDICORP 391.45 ▼ 1.70% SOUTHERN COPPER 177.00 ▼ 2.50% BUENAVENTURA 30.17 ▼ 1.76% MERCADOLIBRE 1,859 ▲ 0.87% NUBANK 13.76 ▼ 0.90% XP 16.58 ▼ 1.75% PAGSEGURO 9.18 ▼ 0.33% STONE 11.22 ▼ 0.58% GLOBANT 31.92 ▼ 0.19% TECNOGLASS 46.99 ▲ 2.89% GAP AIRPORT 226.18 ▼ 0.71% ASUR 280.27 ▼ 1.13% OMA AIRPORT 107.57 ▼ 0.31% AMX ADR 26.10 ▼ 0.04% FEMSA ADR 129.61 ▲ 0.65% CEMEX ADR 13.13 ▲ 0.42% PETROBRAS ADR 17.77 ▼ 0.53% VALE ADR 14.33 ▼ 2.32% ITAU ADR 8.32 ▼ 1.60% SANTANDER BR 5.24 ▼ 2.15% AMBEV ADR 3.04 ▲ 0.17% CSN 1.02 ▼ 0.97% GERDAU 4.76 ▼ 0.83% LATAM ADR 54.06 ▼ 1.49% BTC 64,634 ▼ 0.12% ETH 1,890 ▼ 1.43% SOL 76.62 ▼ 0.83% XRP 1.11 ▼ 0.10% BNB 580.06 ▼ 0.01% ADA 0.16 ▼ 0.30% DOGE 0.07 ▼ 0.28% AVAX 6.63 ▼ 0.99% LINK 8.47 ▼ 0.71% DOT 0.85 ▲ 0.42% LTC 44.92 ▼ 0.45% BCH 223.71 ▲ 0.25% TRX 0.32 ▼ 0.42% XLM 0.19 ▲ 2.12% HBAR 0.07 ▼ 0.45% NEAR 2.08 ▲ 0.53% ATOM 1.54 ▼ 0.93% AAVE 94.39 ▼ 1.50% SELIC 14.25% EMBRAER 81.58 ▼ 0.94% EMBRAER ADR 64.02 ▼ 1.36% JBS 12.19 ▲ 0.70% JBS BDR 62.20 ▲ 1.25% MBRF3 15.34 ▼ 0.39% MBRFY 2.96 ▲ 3.14% INTER 5.45 ▼ 3.11% IBOV 173,871.39 ▼ 1.22% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,409.65 ▼ 0.18% MERVAL 3,291,246 — 0.00% COLCAP 2,292.03 ▼ 0.29% BVL PERÚ 57,112.22 — — USD/BRL 5.09 ▲ 0.29% USD/MXN 17.42 ▲ 0.22% USD/CLP 927.20 ▲ 0.13% USD/COP 3,216 ▼ 1.36% USD/PEN 3.39 ▲ 0.11% USD/ARS 1,475 ▼ 0.07% USD/UYU 40.18 ▲ 1.21% USD/PYG 6,030 ▲ 1.35% USD/BOB 10.63 ▲ 3.73% USD/DOP 58.14 ▼ 0.19% USD/CRC 447.87 ▲ 1.07% USD/GTQ 7.62 ▲ 2.25% USD/HNL 26.73 ▲ 0.09% USD/NIO 36.62 ▲ 0.34% USD/VES 725.63 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.31% USD/TTD 6.75 ▲ 1.34% EUR/BRL 5.83 ▲ 0.44% BRENT 85.28 ▲ 0.39% WTI 79.88 ▲ 0.35% IRON ORE 161.91 — — COPPER 6.35 ▲ 0.95% GOLD 3,997 ▼ 1.16% SILVER 56.10 ▼ 1.77% SOY 1,203 ▲ 0.04% CORN 467.50 ▲ 4.47% WHEAT 682.25 ▲ 0.70% COFFEE 317.25 ▼ 5.14% SUGAR 14.44 ▼ 2.76% ORANGE JUICE 137.90 ▼ 0.68% COTTON 79.83 ▼ 0.91% COCOA 5,561 ▼ 3.07% BEEF 224.03 ▼ 2.65% CATTLE 346.85 ▼ 0.89% LITHIUM 69.67 ▼ 1.96% PETR4 40.64 ▲ 0.12% VALE3 73.27 ▼ 1.66% ITUB4 42.47 ▼ 1.55% BBDC4 18.30 ▼ 1.61% ABEV3 15.59 ▲ 0.13% BBAS3 20.65 ▲ 0.49% B3SA3 15.39 ▼ 1.91% WEGE3 44.03 ▼ 0.52% PRIO3 57.56 ▲ 0.10% SUZB3 41.97 ▲ 1.18% RENT3 39.53 ▼ 2.03% AZZA3 18.42 ▼ 1.29% CSAN3 3.87 ▼ 1.53% RAIZ4 0.30 ▲ 3.45% PCAR3 2.63 ▲ 0.38% GMAT3 3.91 ▼ 1.76% PSSA3 54.82 ▼ 0.72% CVCB3 1.35 ▲ 0.75% POSI3 3.89 ▼ 1.52% SLCE3 13.64 ▲ 1.04% NATU3 8.61 ▼ 0.69% BRKM5 6.28 ▼ 2.03% RANI3 8.02 ▲ 0.50% CSNA3 5.16 ▼ 1.53% CMIN3 5.38 ▲ 2.67% USIM5 8.19 ▼ 0.12% GGBR4 24.14 ▼ 0.25% ENEV3 26.37 ▼ 2.15% CPFE3 46.57 ▼ 0.56% CMIG4 11.07 ▼ 0.72% EQTL3 39.75 ▼ 1.44% LREN3 13.77 ▼ 2.34% VIVT3 35.49 ▲ 0.06% RAIL3 13.98 ▼ 0.64% KLABIN 17.50 ▲ 0.63% RAIA DROGASIL 18.68 ▲ 0.05% RDOR3 35.63 ▼ 1.06% HAPV3 10.93 ▼ 0.55% FLRY3 16.45 ▼ 0.36% SMTO3 15.70 ▲ 1.09% UGPA3 31.65 ▲ 1.77% VBBR3 33.96 ▲ 0.62% BBSE3 40.93 ▲ 0.54% BPAC11 56.42 ▼ 1.09% CURY3 32.09 ▼ 1.96% AERI3 2.02 — 0.00% VIVARA 23.12 ▼ 1.70% COMPASS 24.93 ▼ 0.72% VAMOS 3.13 ▲ 0.32% SANB11 26.61 ▼ 1.44% ASAI3 8.61 ▼ 0.58% SBSP3 29.62 ▼ 1.20% WALMEX 49.68 ▼ 0.04% GMEXICO 199.43 ▼ 0.39% FEMSA 224.95 ▲ 0.75% CEMEX 22.90 ▲ 1.24% GFNORTE 181.14 ▼ 1.26% BIMBO 58.18 ▲ 1.15% TELEVISA 9.53 ▼ 0.31% AMX 22.81 ▲ 0.04% GAP 395.91 ▼ 0.29% ASUR 280.27 ▼ 1.13% OMA 234.82 ▼ 0.16% KOF 177.68 ▲ 0.41% GRUMA 282.84 ▲ 0.53% KIMBER 38.86 ▲ 0.52% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,450 ▼ 0.13% GGAL 8,020 ▼ 2.25% PAMPA 5,175 ▼ 1.24% TXAR 666.00 ▼ 0.75% ALUAR 955.00 ▼ 0.47% TGS 9,635 ▼ 1.18% CEPU 2,305 ▼ 1.66% MIRGOR 17,150 ▲ 1.03% COME 45.06 ▼ 1.25% LOMA NEGRA 3,585 ▼ 0.76% BYMA 303.75 ▼ 0.08% TELECOM ARG 4,283 ▼ 0.75% ECOPETROL 15.96 ▼ 0.13% BANCOLOMBIA 80.00 ▼ 1.90% GRUPO AVAL 5.03 ▼ 0.10% CREDICORP 391.45 ▼ 1.70% SOUTHERN COPPER 177.00 ▼ 2.50% BUENAVENTURA 30.17 ▼ 1.76% MERCADOLIBRE 1,859 ▲ 0.87% NUBANK 13.76 ▼ 0.90% XP 16.58 ▼ 1.75% PAGSEGURO 9.18 ▼ 0.33% STONE 11.22 ▼ 0.58% GLOBANT 31.92 ▼ 0.19% TECNOGLASS 46.99 ▲ 2.89% GAP AIRPORT 226.18 ▼ 0.71% ASUR 280.27 ▼ 1.13% OMA AIRPORT 107.57 ▼ 0.31% AMX ADR 26.10 ▼ 0.04% FEMSA ADR 129.61 ▲ 0.65% CEMEX ADR 13.13 ▲ 0.42% PETROBRAS ADR 17.77 ▼ 0.53% VALE ADR 14.33 ▼ 2.32% ITAU ADR 8.32 ▼ 1.60% SANTANDER BR 5.24 ▼ 2.15% AMBEV ADR 3.04 ▲ 0.17% CSN 1.02 ▼ 0.97% GERDAU 4.76 ▼ 0.83% LATAM ADR 54.06 ▼ 1.49% BTC 64,634 ▼ 0.12% ETH 1,890 ▼ 1.43% SOL 76.62 ▼ 0.83% XRP 1.11 ▼ 0.10% BNB 580.06 ▼ 0.01% ADA 0.16 ▼ 0.30% DOGE 0.07 ▼ 0.28% AVAX 6.63 ▼ 0.99% LINK 8.47 ▼ 0.71% DOT 0.85 ▲ 0.42% LTC 44.92 ▼ 0.45% BCH 223.71 ▲ 0.25% TRX 0.32 ▼ 0.42% XLM 0.19 ▲ 2.12% HBAR 0.07 ▼ 0.45% NEAR 2.08 ▲ 0.53% ATOM 1.54 ▼ 0.93% AAVE 94.39 ▼ 1.50% SELIC 14.25% EMBRAER 81.58 ▼ 0.94% EMBRAER ADR 64.02 ▼ 1.36% JBS 12.19 ▲ 0.70% JBS BDR 62.20 ▲ 1.25% MBRF3 15.34 ▼ 0.39% MBRFY 2.96 ▲ 3.14% INTER 5.45 ▼ 3.11%
since 2009
Thursday, July 16, 2026

Latin America Colombia

Colombia’s Drug Routes Turn Soldiers Into Bargaining Chips

By · August 27, 2025 · 2 min read

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Colombia’s Defense Ministry confirmed that 34 soldiers remain kidnapped in the jungle province of Guaviare. They were seized after a military operation killed eleven guerrillas, including dissident commander Willinton “Dúmar” Vanegas Leyva.

Armed men in civilian clothing blocked the soldiers as they left the area, forcing them into captivity. The clashes involved the Central General Staff (EMC), the strongest faction of former FARC rebels that refused the 2016 peace deal.

The EMC finances itself through drug trafficking and illegal mining. Guaviare, with its coca plantations and smuggling routes, provides the group both money and cover.

This method of using civilians to trap troops has become more common. In June, 57 soldiers were detained by villagers in Cauca, also under EMC influence.

They were released after two days, but the message was clear: the state can be cornered even without open battle. The kidnapping follows one of the deadliest weeks this year.

Colombia’s Drug Routes Turn Soldiers Into Bargaining Chips
Colombia’s Drug Routes Turn Soldiers Into Bargaining Chips. (Photo Internet reproduction)
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A truck bomb exploded near an air base in Cali, killing at least six and injuring around seventy. Days later, a drone packed with explosives shot down a Black Hawk police helicopter in Antioquia, killing at least twelve officers.

Authorities attributed both attacks to dissident groups. These incidents reveal a larger truth. Colombia’s conflict is no longer about ideology or revolution.

It is about control of illegal trade routes worth billions. Whoever dominates coca fields and jungle corridors controls profits, power, and communities.

For ordinary Colombians, this means more fear and fewer opportunities in rural areas. For businesses, it means higher costs, supply chain risks, and weakened investor confidence.

The kidnappings and attacks are not only military problems but also economic ones that ripple far beyond Colombia’s borders.

The government has deployed special forces to recover the soldiers. Yet the EMC and other dissidents continue to use the jungle, drugs, and intimidation to keep their grip.

As long as drug revenues drive the violence, Colombia will remain Latin America’s outlier for terrorism-style attacks, with stability and growth constantly undermined by the business of war.

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