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...Additional contributions from Camille De Guzman and Benjamin Wilhelm...
...Saturday’s arrests were made as Petro — who in his youth was a member of the now-defunct leftist-nationalist M-19 guerrilla group — struggles to push his sweeping reform agenda through Congress....
...So people traditionally think of people like Pablo Escobar or El Chapo Guzmán, these sorts of like, you know, very infamous Latin American kind of cartel bosses....
...“Your Honour, I’m unbelievably sorry for my role in all of this and the harm that it’s caused....
...Names you might of heard of, like Pablo Escobar or El Chapo Guzmán....
...Here’s what else I’m keeping tabs on today and over the weekend: Economic data: Canada releases its May unemployment rate....
...The revolutionary socialist M-19 guerrillas to which Petro belonged laid down arms in 1990 and transitioned into legal politics....
...“I’m not a magician, or a saviour,” Sergio Massa, the third person to take charge of Argentina’s economy in barely a month, said on Wednesday. “The challenge is enormous.”...
...Jess SmithI’m Jess Smith, in for Marc Filipino, and here’s the news you need to start your day. [MUSIC PLAYING] Credit Suisse CEO Thomas Gottstein is set to leave the bank....
...“Colombians are hungry, perhaps even desperate, for a change that has long been promised to them but that hasn’t come,” Guzmán says....
...“I’m convinced this is the best agreement we could have reached [with the IMF],” the president said, playing down the significance of the resignation....
...Instead the state would play “a moderately expansionary role”, said finance minister and chief IMF negotiator, Martín Guzmán....
...Analysts say Guzmán is under heavy pressure from hardliners to take a tougher line with the fund....
...It’s not our war,” Ed Guzman said without pause when asked about the wisdom of withdrawal....
...Marc FilippinoI’m Marc Filippino, and here’s the news you need to start your day....
...“It’s an orchestra of solos in which no one wants to be part of a larger group,” Mr Guzmán said....
...I’m shopping for farms; I’m looking at industry; I am applying for fast-food franchises.’ People are serious.”...
...I’m not holding my breath....
...Second, he suggests we are near one of those points when “the world order may be rebuilt — the kind of macro I’m describing will be important for that”. That is surely right....
...Martin Guzmán, Argentina’s economy minister, announced on Monday that 99 per cent of creditors had accepted his government’s offer, which extended maturities on the debt and lowered interest rate payments...
...Her recipe for pizadillas, meat and cheese-filled tortillas, was the last to be included and, she says: “I’m terrible at cooking.”...
...“I’m seeing that the CJNG like none other before has decided to take on the state in toto,” said Eduardo Guerrero, a security consultant. “They are a formidable challenge to the state.”...
...Our M&A newsletter Due Diligence pays tribute here. (FT) The day ahead US unemployment Initial claims for US unemployment benefits for the week that ended on August 8 are due on Thursday....
...“I’m changing what I can into dollars, even if I don’t have much cash to spare,” said one small business owner in Buenos Aires, who did not want to be named because of official disapproval of what is seen...
...“I’m not here to tell you that Joaquín Guzmán is a saint,” he said. “No matter what you think of Joaquín Guzmán, he still deserves a fair trial.”...
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