2,525.90MSCI COLCAP · Thu Oct. 8 close · −0.36%

DailyDrop.

COP 3,217.20USD/COP · Thu Oct. 8 close · −0.75% vs. Oct. 7
MSCI COLCAP2,525.90▼0.36%10/8USD/COP3,217.20▼0.75%10/8S&P 5007,765.36▼0.47%10/8WTI$91.50▲3.60%10/8Gold$4,157.00▲0.20%10/8
Politics · Brazil✓ 5 outlets · date of the call not specified

Flávio Bolsonaro asked De la Espriella for a pact against drug trafficking before the October 25 runoff

In a video call, the Brazilian candidate proposed sharing intelligence and coordinating arrests and extraditions on the Amazon border. Colombia’s president backed the idea.

According to Cambio, NTN24, Publimetro, Noticias RCN and Minuto30, Flávio Bolsonaro, who will contest Brazil’s runoff on October 25 against Lula da Silva, spoke by video call with President Abelardo de la Espriella and asked for cooperation against drug trafficking. He proposed sharing intelligence on who the traffickers are, where they operate and how they move, and working on the capture and extradition of criminals along the Amazon border, about 1,600 kilometers long. According to the reports, De la Espriella said drug trafficking is a global problem and that he backed the proposal.

The sources do not agree on the day: NTN24 says a Tuesday and Publimetro a Wednesday, October 7. Publimetro headlined that the Colombian president spoke Portuguese in the conversation. The gesture comes after De la Espriella wrote on X in support of Bolsonaro following the first round. DailyDrop saw no reaction from Lula’s team or from Brazil’s Foreign Ministry, and a formal collaboration would only be possible if Bolsonaro wins.

Open the story and DailyDrop’s take
By the numbers
Oct. 25runoff in Brazil
~1,600 kmAmazon border between Colombia and Brazil, according to the reports
47% - 45%first round: Bolsonaro and Lula
Justice · Security✓ 3 outlets · Vanguardia, Cambio and El País

Criminal Policy Council postponed to October 15 and the Government plans to file the Submission Law next week

Vanguardia reported on October 7 that the Criminal Policy Council meeting planned for Thursday the 8th was postponed to the 15th, and that the Anti-Terrorism Statute and other initiatives would be discussed there. On October 8, the same paper said that Justice Minister Iván Cancino plans to file the Submission Law the following week, after meeting with the high courts, the Inspector General’s Office, the Ombudsman’s Office, Congress and the Attorney General’s Office.

Cambio reports that the statute has more than 130 articles and seeks to attack the finances of armed groups, with an “exit door” for those who submit; El País says it is preparing proposals against these groups and that the text has already passed review by the Presidential Legal Office. According to the interior minister, cited by one outlet, the organizations on the list could come off it if they avail themselves of the Submission Law. DailyDrop did not find the official text.

Open the story and DailyDrop’s take
Word of the day
Sometimiento (submission to justice)Law

A mechanism for criminal groups to hand over their weapons and submit to justice in exchange for criminal-law benefits.


Security · Caucaone outlet, attributed to a Noticias RCN headline

Explosives thrown from a dump truck at a military base in Miranda, Cauca

A roundup of headlines from October 8 reports that explosives were thrown from a dump truck at a military base in Miranda, Cauca. DailyDrop did not find the full story and therefore cannot confirm the exact time, whether anyone was injured or who was responsible. The northern Cauca area is under pressure from dissidents of the former FARC, who in recent weeks have attacked the security forces with explosives and drones, according to reports by Cambio and Publimetro.

That context does not prove who carried out this attack. Authorities usually report the first hours through Army and Police bulletins. DailyDrop will look for the official toll in the next edition and notes that other attacks, such as the one in Aguachica, also had incomplete initial versions that were later corrected.

Open the story and DailyDrop’s take
Society · Earthquake✓ 3 outlets · SGC and reports by RCN, Publimetro and Minuto60

A magnitude 4.0 tremor with its epicenter in Chaparral, Tolima, was felt in Bogotá, Ibagué and Cali

The Colombian Geological Survey (SGC) recorded a magnitude 4.0 tremor on Thursday, October 8, with its epicenter in Chaparral, Tolima, at 4:23 p.m., according to Noticias RCN, Publimetro and Minuto60. One outlet gave the time as 4:40 p.m. and a magnitude of 4.1 in its initial text. The movement was felt strongly in Bogotá, Ibagué and Cali.

Authorities reported no victims or material damage in the first hours. The quake comes almost two months after the magnitude 7.4 earthquake of August 10, whose epicenter was in San José del Palmar, Chocó, and for now there is no established relationship between the two events. The SGC publishes corrected data after the first automatic report.

Open the story and DailyDrop’s take

Markets · Colombia✓ 3 outlets · Noticias RCN, Rio Times and Valora Analitik

The dollar closed Thursday at COP 3,217.20 and the COLCAP gave up 0.36%, to 2,525.90 points, after Wednesday’s fall

The dollar opened on Thursday, October 8 at COP 3,241.50 and closed at COP 3,217.20, with an average market rate of COP 3,218.79, according to Noticias RCN with data from the Banco de la República. The TRM was COP 3,238.88. The MSCI COLCAP gave up 0.36% to 2,525.90 points, according to Rio Times and Valora Analitik.

On Wall Street, the S&P 500 fell 0.47% to 7,765.36, WTI rose 3.60% to US$91.50 and gold gained 0.20% to US$4,157.0. The sources consulted do not explain the jump in crude. It matters for Colombia because costlier oil raises the nation’s revenue, but also inflation in fuels.

Open the story and DailyDrop’s take
In brief
  • Flávio Bolsonaro asks De la Espriella for an anti-drug pactCambio, NTN24
  • Criminal Policy Council postponed to October 15Vanguardia
  • Submission Law to be filed next weekVanguardia
  • 4.0 tremor in Chaparral, Tolima, felt in BogotáRCN, Publimetro
  • Dollar at COP 3,217.20; TRM of COP 3,238.88Noticias RCN
  • COLCAP gives up 0.36% to 2,525.90 pointsRio Times, Valora
  • WTI +3.60% to US$91.50; S&P 500 −0.47%market data
  • Explosives thrown from a dump truck at a military base in Miranda, CaucaNoticias RCN
Seven minutes every morning, one front page

Unverified — what circulated and does not hold up

“The Criminal Policy Council presents the Anti-Terrorism Statute today.” El Universal announced it for October 8 on the 6th, but Vanguardia reported on the 7th that the meeting was postponed to October 15.
Glossary · dotted words — economics, politics, security and sports terms explained in the context of the story. The list grows every day.
INSIDEFlávio Bolsonaro asked De la Espriella for a pact against drug trafficking before the October 25 runoffPolitics · BrazilCriminal Policy Council postponed to October 15 and the Government plans to file the Submission Law next weekJustice · SecurityExplosives thrown from a dump truck at a military base in Miranda, CaucaSecurity · CaucaA magnitude 4.0 tremor with its epicenter in Chaparral, Tolima, was felt in Bogotá, Ibagué and CaliSociety · EarthquakeThe dollar closed Thursday at COP 3,217.20 and the COLCAP gave up 0.36%, to 2,525.90 points, after Wednesday’s fallMarkets · Colombia