It hasn’t been the best start to 2018 for Latin American nation and regional U.S. ally Colombia. The petroleum dependent economy saw January 2018 oil production decline as Marxist ELN guerillas ramped up their assaults on energy infrastructure, the police and military. This is all occurring at the start of a year set to be filled with political turmoil and intrigue with presidential elections occuring in May.
That along with recent domestic events will only serve to ratchet-up political risk in a nation that has become synonymous with conflict, corruption and organized crime. Along with