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May 2026
Week of May 18, compared to 12-week average
The Andean economy shows mixed signals: Bolivia's austerity measures trigger nationwide revolt, while Colombia's copper investment outlook hinges on the presidential election outcome. Guyana reaps bigger oil gains amid challenges, and Colombia's Ecopetrol exports first sulphur.
Colombia votes in a polarized presidential election mirroring 2022, with millionaire populist 'El Tigre' vying against a Marxist candidate. Bolivia's President Paz eases state of emergency declarations amid unrest, expels Colombian ambassador after Petro's comments, and cuts his salary in half.
Clashes between armed groups in Colombia kill at least 52, and violence dominates elections 10 years after the Farc peace deal. Bolivia orders arrest of Evo Morales for failing to appear at child trafficking trial, and clears path to send troops onto streets to calm protests.
Bolivia's protests, allied with ex-leader Morales, choke the capital and force a cabinet reshuffle, with protesters clashing with police. In Colombia, fan violence cancels a Flamengo match and a monster truck crash kills three, while migrants are Ecuador's true Olympic champions.