Here’s How Radical Gustavo Petro Can Be as Colombian President

(Bloomberg) — Investors in Colombia are trying to gauge how radical a government led by Gustavo Petro will be when he takes office as president in August.

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The peso and the nation’s bonds are expected to fall Tuesday when markets re-open following a holiday, after Petro won the June 19 presidential election.

Some of his plans will be relatively simple to implement, such as firing the management of Colombia’s state oil company. Other proposals, such taxing wealthy…

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