IBOV 186,595.60 ▲ 0.74% IPSA 11,357.82 ▼ 0.21% IPC MEX 63,536.96 ▲ 0.25% MERVAL 2,998,956 — 0.00% COLCAP 2,565.55 ▲ 0.68% BVL PERÚ 59,344.04 ▲ 0.31% USD/BRL5.13▲ 0.34% USD/MXN17.24▲ 0.11% USD/CLP943.40▼ 0.61% USD/COP3,198▲ 0.69% USD/PEN3.38▲ 0.03% USD/ARS1,514▼ 0.03% USD/UYU40.14▼ 0.05% USD/PYG5,926▲ 0.34% USD/BOB10.95▲ 10.05% USD/DOP59.13▲ 3.46% USD/CRC443.27▼ 0.27% USD/GTQ7.63▼ 0.05% USD/HNL26.86▲ 0.03% USD/NIO36.62▲ 2.80% USD/VES850.29▲ 0.21% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.76▲ 0.17% EUR/BRL5.87▼ 0.36% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 186,595.60 ▲ 0.74% IPSA 11,357.82 ▼ 0.21% IPC MEX 63,536.96 ▲ 0.25% MERVAL 2,998,956 — 0.00% COLCAP 2,565.55 ▲ 0.68% BVL PERÚ 59,344.04 ▲ 0.31% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Tuesday, September 22, 2026

Latin America Colombia

Greed and Narcotrafficking Undermine Colombia’s Peace Process Amid ELN Insurgency

By · April 1, 2025 · 2 min read

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President Gustavo Petro confronted ELN guerrilla leaders this week after they rejected peace talks, escalating tensions amid a spiraling crisis in Colombia’s Catatumbo region.

The president’s social media rebuke followed a January ELN offensive that killed 80 civilians, displaced 52,800 people, and confined 32,000 others—the worst violence since Petro took office in 2022.

The ELN’s northeastern front, led by commanders “Silvana Guerrero” and “Ricardo,” aims to expel security forces and rival FARC dissidents from Catatumbo, a drug-trafficking hub bordering Venezuela.

Petro suspended negotiations on January 17, declaring the group “has no will for peace” after months of frozen talks and attacks like a September 2024 assault that killed two soldiers.

Catatumbo’s strategic value lies in its oil, coal, and coca crops—factors fueling decades of conflict. The ELN arrived in 1979, followed by FARC and paramilitary blocs linked to massacres.

Greed and Narcotrafficking Undermine Colombia’s Peace Process Amid ELN Insurgency
Greed and Narcotrafficking Undermine Colombia’s Peace Process Amid ELN Insurgency.
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Today, clashes between ELN fighters and ex-FARC factions have turned the region into a battleground for narcotics revenue. Petro accused the ELN of abandoning its revolutionary roots for “the path of Pablo Escobar,” claiming greed displaced ideology.

Venezuela’s Complicated Role in Colombia’s Ongoing Crisis

Venezuela’s role complicates the crisis. Analysts note ELN factions now operate as binational cartels, leveraging Maduro’s tacit support. Petro previously maintained ties with Caracas to advance talks but now faces pressure to militarize the border.

Colombia deployed 300 special forces to Catatumbo, offering military bases as shelters for threatened civilians. The humanitarian toll includes 47,000 children barred from schools and 7 murdered ex-combatants from prior peace deals.

Defense Minister Iván Velásquez pledged to prioritize civilian protection, yet displaced families report minimal aid. ELN leaders vow to fight until state forces withdraw, signaling prolonged instability.

Petro’s “total peace” agenda—a cornerstone of his leftist platform—now teeters as the ELN hardens its stance. The collapse exposes broader challenges: armed groups increasingly prioritize profit over politics, exploiting governance gaps in marginalized regions.

For Catatumbo’s residents, caught between guerrillas and militarization, prospects for stability dim as violence eclipses diplomacy.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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