On 21st June, conservative, Trump-endorsed presidential candidate Abelardo de la Espriella won the election by just 1 per cent over Iván Cepeda, who was expected to take over the Socialist Party leadership from current President Gustavo Petro. He will be sworn in as president on 7th August, after which we can expect significant changes across the board. Petro, who was considered Colombia’s first leftist leader, brought about major change during his time in power, overhauling the country’s tax and health systems and supporting…

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.