Oscar Medina

(Bloomberg) -- A fourth day of road blockades by protesting Colombian truckers has led to warnings of food and fuel shortages nationwide.

Gustavo Petro took power in 2022 pledging to improve the lives of tens of millions of poor Colombians. Two years later, plagued by corruption scandals, constant cabinet changes and failed reforms in congress, he's facing the biggest social crisis of his presidency yet.

Gustavo Petro took power in 2022 pledging to improve the lives of tens of millions of poor Colombians. Two years later, plagued by corruption scandals, constant cabinet changes and failed reforms in congress, he’s facing the biggest social crisis of his presidency yet.

Gustavo Petro asumió el poder en 2022 prometiendo mejorar la vida de decenas de millones de colombianos pobres. Dos años después, plagado de escándalos de corrupción, cambios constantes de gabinete y reformas fallidas en el Congreso, se enfrenta a la mayor crisis social de su presidencia hasta el momento.

A member of the Colombian Truck Drivers Association waves a flag during a nationwide protest against a diesel fuel price hike.

Colombia's government is proposing new tax increases on wealthy individuals, gambling platforms and carbon emissions to rein in the fiscal deficit without cutting social programs.

El gobierno de Colombia está proponiendo nuevos aumentos de impuestos a las personas ricas, a las plataformas de juego y emisiones de carbono para controlar el déficit fiscal sin recortar los programas sociales.

Colombia's government is proposing new tax increases on wealthy individuals, gambling platforms and carbon emissions to rein in the fiscal deficit without cutting social programs.

Investor confidence in Colombia is threatened by a plan to tinker with fiscal deficit limits, according to two of the nation’s best-known economics think tanks.

La confianza de los inversionistas en Colombia se está viendo amenazada por un plan para modificar los límites del déficit fiscal, según dos de los centros de estudios económicos más reconocidos del país.