Fitch downgraded Colombia's sovereign rating to BB, citing budget ballooning under President Petro's leftist leadership.

The entities involved

• Gustavo Petro →

  34th President of Colombia since 2022

  • In the presidential race in Colombia, Abelardo de la Espriella is a candidate who is backed by Sigifredo López and endorsed by Donald Trump.Mon 10:03
  • Petro administration and election candidates are defining future policy and handling peace talks in Colombia.Mon 00:19
• Colombia →

  country in South America

  • The ARIRANG world tour, featuring BTS, earned over $465 million in Q3 2026 across global stops including Las Vegas, London, and Colombia.Mon 16:14
  • The Kingdom of the Netherlands, comprising entities like Aruba, Curaçao, and Sint Maarten, is detailed, including the co-hosting of a climate conference in Colombia.Mon 16:13
• Fitch →

  Japanese pornography producer

  • Fitch forecasts that the Federal Reserve will implement rate hikes.Fri 23:25
  • Fitch projects higher economic growth for Mexico, citing strong exports to the US governed by USMCA.Thu 15:00

Related events

• Fiscal policy in Colombia is currently operating under the presidential administration.Aug 18
• Current president accuses Gustavo Petro of fiscal mismanagement and corruption.Sep 14
• The current president, Abelardo de la Espriella, has blamed Congress for budget failures and attributed the deficit to the previous administration of Gustavo Petro.Aug 19
• Abelardo de la Espriella delivered a dossier alleging budget irregularities in Colombia.Aug 19
• Fitch upgraded Portugal's sovereign debt rating to A+ on September 15, 2026.Sep 15