Colombia's Petro Issues Taxes by Decree Amid Economic Crisis

Colombias President Gustavo Petro declares economic state of emergency, allowing him to issue taxes by decree amid record spending pressures and huge debts. The move, which includes wealth taxes and a sales tax hike on alcohol, is met with criticism from business leaders and may face legal challenges from the Constitutional Court.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.