Hydrocarbon Hopes

Colombia's President Álvaro Uribe has pledged to 'act prudently' until the constitutional court gives its verdict over a proposed referendum that advocates modifications to the constitution to allow the incumbent to run for a third term. However, confusion over the legality of the consecutive electoral bid by the incumbent appears to be testing the patience of the country's electorate, with a recent Invamer Gallup/Semana poll suggesting a significant reversal in support for the president.

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